procedure for maximum retail price of finished product
1.0 OBJECTIVE:
1.1 To lay down a procedure for maximum retail price of finished product.
2.0 SCOPE:
2.1 This Standard Operating Procedure is applicable for maximum retail price of finished product to be followed at
3.0 RESPONSIBILITY:
3.1 Head / his designee / In-charge of planning department shall be responsible to provide latest price
details to QA department.
3.2 Executive / In-charge QA shall be responsible for preparation and revision of maximum retail price list, as and when required and distribution / retrieval of maximum retail price list to / from various departments.
3.3 Head Planning Department / Plant Head and Head QA shall be responsible for compliance of this
SOP.
4.0 ACCOUNTABILITY:
4.1 Head QA
5.0 PROCEDURE:
5.1 Preparation of maximum retail price list.
5.1.1 Each product to be manufactured at Roorkee location shall have a predefined Maximum Retail Price.
5.1.2 New price for finished product shall be provided to QA department by the planning department.
5.1.3 Based on these price details, maximum retail price list shall be prepared by QA department as per Annexure-1.
5.2 Approval of maximum retail price list
5.2.1 After the maximum retail price list has been prepared by Executive/Officer QA, the same shall be forwarded to Manager Production and Manager-QA for its verification against the details provided by the planning department.
5.2.2 Once Manager-QA has checked the maximum retail price list, the same shall be forwarded to Head-QA for its approval.
5.2.3 Once the maximum retail price list has been approved, executive QA shall stamp the same as “Master Copy”. The “Master Copy” shall be available with QA department.
5.3 Control of maximum retail price list
5.3.1 Executive QA shall take the maximum retail price list photocopies, as per the distribution list and distribute the control copies to the concerned departments.
5.3.2 The record of distribution shall be maintained by executive QA.
5.3.3 The maximum retail price list may be revised as and when there is a change in price of any product or addition of a new product to maximum retail price list.
5.3.4 The latest version of the maximum retail price list shall only be issued after the older version is retrieved.
5.3.5 The controlled copies of older version shall be destroyed after retrieval and “Master Copy” of the same shall be stamped as “OBSOLETE” and archived by QA.
6.0 ABBREVIATION:
| S. No. | Abbreviations used | Full form of Abbreviation used |
| 1. | SOP | Standard Operating Procedure |
| 2. | QA | Quality Assurance |
| 3. | MRP | Maximum Retail Price
|
7.0. ATTACHMENTS (ANNEXES):
Annex-I : Maximum Retail Price List
8.0. REFERENCE :
| S. No. | Reference Title |
| 1.0 | Inhouse |
Annex-I : Maximum Retail Price List
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sop for Cleaning and operation of visual inspection conveyor belt
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sop for Fogging in Aseptic and Non Aseptic Area