An efficient inventory control necessitates maintenance of proper inventory records because various inventory records contain information to meet the needs of purchasing production sales and financial staff. Any typical information regarding any particular item of inventory may be had at hand from such records. Such information may be about quantity in hand or in transit or on plants location unit cost EOQ recording points safety level etc. For each item of inventory statements forms reports etc. Should be designed in such a way that the clerical cost of maintain these records must be kept at a minimum.