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Elements and Performance Criteria

  1. Assess stock requirements.
  2. Develop supply arrangements.
  3. Establish and implement stock-control systems.
  4. Manage stock reconciliation.

Required Skills

Required skills

planning and organising skills to

monitor and adjust stock requirements

develop implement and monitor an order and supply process to meet organisation needs

problemsolving skills to

develop and adjust stockcontrol systems to meet fluctuating demands

minimise wastage of stock

communication skills to

convey information about stockcontrol systems and processes to appropriate staff

seek feedback regarding the quality of stock and performance of suppliers

numeracy skills to

interpret and compare supplier quotes

work within organisation budgetary restraints to purchase and control stock supply

literacy skills to

document stockcontrol processes

develop stock specifications

monitor and maintain records of stocktakes and audits

Required knowledge

organisation policies and procedures to enable

purchase and management of stock to be supported by procedures

outcomes to be reported

suppliers for specific products and services

purchase specifications to enable the purchase of quality stock

projected future needs to ensure changing trends and demands are catered for in planning and development

environmental standards and requirements to enable the application of waste minimisation methods

patterns of demand to enable the development of effective order and supply processes

data such as yield tests and stocktaking figures to calculate standard methods and measures to enable the development of accurate stockcontrol systems

methods to accurately assess current and future organisation and client needs to adapt order and supply processes

methods of yield testing

stock valuation methods to enable stock control and purchase measures to meet organisation financial objectives

Evidence Required

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

Overview of assessment

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

Evidence of the ability to

work within organisation systems to develop implement and document purchasing and stockcontrol systems based on assessment of stock requirements

monitor use of stock to identify patterns of demand respond to changes in demand to adjust stock supply identify wastage and ways to minimise it and document stocktaking processes and outcomes within required timeframes

select suppliers based on product specifications monitor quality and performance and take appropriate action as required

apply contingencymanagement techniques to deal with a range of order and supply issues that may affect the timely supply of required stock

Context of and specific resources for assessment

Assessment must ensure

management and control of stock and stockpurchasing systems within a sport fitness and recreation facility or context

Assessment must also ensure access to

a work environment within a facility requiring stock supply and purchase

a real or simulated budget for purchase of stock

staff to implement the order and supply process

data on patterns of stock usage

Method 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 implementing and monitoring stockcontrol systems

oral and or written questioning to assess knowledge of purchase specifications

portfolio of records documenting stock reconciliation outcomes

thirdparty reports from a supervisor detailing work performance

Guidance information for assessment

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

SISXRESA Use resources efficiently

SISXRES403A Use resources efficiently.


Range Statement

The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included.

Organisational policies and procedures may include:

stock acquisition

selection of suppliers

stock control

security

stock reconciliation and audit

record-keeping

expenditure

purchase specifications.

Situations may include:

peak times

new staff

advertising

special events.

Stock may include:

food and beverages

office supplies and stationery

equipment

cleaning agents and chemicals

maintenance supplies

general stores.

Required information may include:

specifications

quantity

frequency

supplier's quality assurance procedures.

Stock-control systems may include:

integrated point of sale systems

barcode scanners

RFID readers

wireless or mobile inventory control

imprest

ledgers

bin cards

stocktaking systems

stock-valuation systems

stock-reporting systems.

Relevant legislation may include:

Australian Taxation Office regulations

consumer protection

chemical handling.