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Material issue note is a document prepared by the departmental head who received the raw materials/goods for production purposes. The roles of this document are; i). Evidence that goods have been received by the respective department.
In general, the issue of material goes through the following stages: Allocate material in the warehouse. A planned production order results in planned inventory transactions. Specify quantity to be issued. Release material. Carry out the warehousing procedure. Receive material.
A Material Request is a simple document identifying a requirement of a set of Items (products or services) for a particular reason. A Material Request can have the following purposes: Purchase: If the material being requested is to be purchased.
Issued Material means any property issued to the Seller by the Purchaser to be used in fulfilment of the Sellers obligations; Products means the products, goods or items which are the subject of the Contract and which may (without limitation)
These include financial and accounting risks, market and credit risks, capital deployment risks, operational risks, compensation risks, liquidity risks, litigation risks, strategic risks, regulatory risks, reputation risks, natural‐disaster risks and technology risks.
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Materials requisition notes are issued to production departments. Their purpose is to authorise the storekeeper to release the goods which have been requisitioned and to update the stores records. Materials returned notes are used to record any unused materials which are returned to stores.

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