This section describes the essential skills and knowledge and their level required for this unit

The following skills must be assessed as part of this unit

interpersonal communication skills to

report strategies to improve inventory control systems to relevant personnel through clear and direct communication

use language and concepts appropriate to cultural differences

use and interpret nonverbal communication

evaluating and analysing

market trends and projections

inventory levels

projected demands on inventory

inventory control systems

time management

complex planning

literacy skills in regard to

generating reports

maintaining inventory recording systems

numeracy skills in regard to assessing analysing and recording inventory figures

implement inventory control procedures

The following knowledge must be assessed as part of this unit

inventory and operations management approaches

inventory control

systems and equipment for inventory recording and control

relationships between inventory and distribution

relationships between marketing and inventory management

forecasting as it affects inventory

special events affecting specific business operations or planning cycles

legal administrative and business supply requirements

industrial or performance standards systems used to measure and monitor inventory levels and performance

business policy and procedures in regard to

inventory control and distribution systems

OHS

The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria required skills and knowledge the range statement and the Assessment Guidelines for this TrainingPackage

Critical aspects for assessment and evidence required to demonstrate competency in this unit

Evidence of the following is essential

maintenance of accurate and appropriate inventory levels

accurate forecasts of inventory demand

plans for inventory required to meet special events or contingencies

implementation of appropriate operations inventory control and monitoring approaches

ongoing review and improvement of inventory plans

Context of and specific resources for assessment

Assessment must ensure access to

a real or simulated work environment

relevant documentation such as

policy and procedures on inventory planning and control

industry codes of practice

OHS legislation and codes of practice

access to

a stock control system

stock control equipment

merchandise and supplier data

Methods of assessment

A range of assessment methods should be used to assess practical skills and knowledge The following examples are appropriate for this unit

observation of performance in the workplace

thirdparty reports from a supervisor

written or verbal questioning to assess knowledge and understanding

review of portfolios of evidence and thirdparty workplace reports of onthejob performance

Holistic assessment with other units relevant to the industry sector workplace and job role is recommended

Assessing employability skills

Employability skills are integral to effective performance in the workplace and are broadly consistent across industry sectors How these skills are applied varies between occupations and qualifications due to the different work functions and contexts

Employability skills embedded in this unit should be assessed holistically in the context of the job role and with other relevant units that make up the skill set or qualification

Enterprise planning may include:

Forecasts may be based on:

Demands on inventory may vary according to:

Special events may include:

Inventory control systems may include:

Performance standards or benchmarks may include:

Logistics may include:

Inventory equipment, tools and facilities may include:

Purchasing systems may include:

Inventory supply arrangements may include:

Relevant personnel may include: