I. General principles

1. This system is formulated in order to strengthen the company's inventory management, standardize the process of inventory warehousing and settlement, and improve the use efficiency of current assets.

2. This system is an important part of the company's management system and is applicable to all departments and divisions of the company.

Second, the scope of inventory management

The inventory scope of this system includes raw materials, fuels, auxiliary materials, packaging materials, low-value consumables, semi-finished products, in-process products and finished products.

Third, warehousing management

1. Material procurement should arrange the procurement schedule reasonably according to the procurement plan to prevent the inventory backlog caused by blind procurement.

2. When the purchased materials are put into storage, the warehouse keeper and the quality inspector shall check the supplier's name, material name, specifications, quantity/weight, unit price and amount according to the purchase contract, and the warehouse keeper shall issue a "receipt document", which shall be signed by the warehouse keeper, the quality inspector, the consignor and the carrier for confirmation.

3. When returning goods to the warehouse, an approved return application form must be attached, and the warehouse keeper should fill in the "receipt form" again, and fill in the name of the returning party, storage time, material name, specifications, quantity/weight, unit price, amount, consignor, carrier and acceptance warehousing person.

4. At the end of the month, the materials (including residual materials) that have been collected but not yet consumed shall be returned to the warehouse in time. If the materials are still needed for the next batch of production, the material entity may not return them to the warehouse, but it shall go through the formalities of returning the materials to the warehouse or issuing them in red ink, and re-issue the "outbound order" at the beginning of next month.

5. The finished products produced by the company shall be put into storage, and the quality inspection records of the quality inspection department shall be attached to the finished products. The warehouse keeper shall count the physical quantity/weight, specifications, varieties and quality, and fill in the "receipt form" of finished products, which shall be signed by the quality inspector, the keeper and the carrier.

6. After the materials are put into storage, the warehouse keeper shall earnestly perform the duties of keeping the goods, and all the materials put into storage shall be registered and kept.

7. Take one copy of the above related warehousing and settlement documents and send them to the Finance Department for entry and settlement.

Fourth, the outbound management

1. For the production materials, the production department shall go through the "outbound order" formalities at the Material Accounting Department according to the production needs. For the recipients of non-production materials, they shall go through the "outbound order" and related formalities with the approval of the recipients, and the warehouse keeper shall deliver the goods according to the "outbound order". The warehouse keeper, the receiver and the carrier shall check that the outbound goods are in conformity with the outbound goods and sign them. Take one copy of the outbound order and the procedure document and send them to the finance department for accounting and settlement.

2. Materials shall be delivered out of the warehouse with the approved requisition, and the warehouse keeper shall check the quantity, name and specifications before issuing materials. Anyone who has not gone through the formalities of "outbound order" shall not deliver the goods, and it is strictly forbidden to arrive at the warehouse with a white note.

V. Daily inventory management

1. The warehouse keeper should do a good job in the daily environmental sanitation management of the warehouse, check the safety guarantee of the stored materials, and eliminate potential safety hazards. If the goods are damaged or lost due to the dereliction of duty of the warehouse keeper, he shall make compensation.

2. The warehouse must set up a ledger, and the warehouse keeper should register the journal and material card in time for each material entering and leaving the warehouse. The warehouse account books shall be properly kept, and the account pages shall be recorded continuously, and the pages shall not be torn for use.

3. The warehouse keeper should follow the principle of first in first out when delivering goods.

4. The materials in the warehouse should be reasonably classified and placed in an orderly manner, and the cards and labels of the materials should be clear and obvious.

5. Inventory should be counted regularly. See the company's inventory counting system for details.

VI. Supplementary Provisions

1. The Finance Department of the Company is responsible for the interpretation of this system.

2. This system shall come into force as of the date of promulgation.