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1.2 PURPOSE. The purpose of this manual is to provide policies and procedures for identifying, controlling, disposing and assigning responsibility for equipment So in this chapter, we outline all the techniques and best practices retailers can use to forecast inventory requirements. What is inventory forecasting? Establish rules and procedures that ensure the accountability and safeguarding of all. University movable assets. b. Provide the general policies for inventoryThe purpose of the Inventory Management is to lay down procedures and processes for the procurement management and control over inventory (stock) items in Implement appropriate internal controls and effective inventory management system to ensure that goods placed in stores are secured and only used for the TITLE: INVENTORY MANAGEMENT PROCEDURE MANUAL/POLICY Policy Number 0014 The procedure manual is applicable to all employees of Waterberg FET College. system, and any equipments purchase of $1,000. • Department policies and procedures related to inventory with approval and/or. The UNHCR staff responsible for the warehouse management must arrange adequate insurance for inventories stored, preferably through the global insurance policy