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Elements and Performance Criteria

1. Prepare for stocktake
2. Goods to be counted and appropriate inventory systems are identified
3. Required resources including equipment and record keeping systems are identified
4. Allocated tasks, zones and work requirements are identified
5. Sequencing of work activities is planned in a time effective manner
6. Stocktake and count stock
7. Stocktaking and cyclical counts are undertaken in accordance with workplace policies and procedures
8. Inventory data is interpreted
9. Inventory data is confirmed to match stock
10. Stock levels are accurately counted and documented
11. Identify stock discrepancies
12. Discrepancies in type, number and quality of stock are accurately recorded and documented
13. Products stored in inappropriate storage locations are relocated and stock records are adjusted
14. Complete documentation
15. Inventory data is reconciled to match warehouse stock in accordance with workplace procedures
16. Workplace documentation is completed

Range Statement

Range is restricted to essential operating conditions and any other variables essential to the work environment.

Non-essential conditions can be found in the Companion Volume Implementation Guide.

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Performance Evidence

Evidence required to demonstrate competence in this unit must be relevant to and satisfy all of the requirements of the elements and performance criteria on at least one occasion and include:

applying precautions and required action to minimise, control or eliminate hazards that may exist during work activities applying relevant legislation and workplace procedures communicating and working effectively with others when conducting stocktakes completing documentation related to conducting stocktakes modifying activities depending on operational contingencies, risk situations and environments monitoring work activities in terms of planned schedule operating and adapting to differences in equipment in accordance with standard operating procedures reading, interpreting and following instructions, procedures and labels relevant to conducting stocktakes reporting and/or rectifying identified problems promptly, in accordance with regulatory requirements and workplace procedures selecting and using relevant communication, computing and office equipment when conducting stocktakes.

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Knowledge Evidence

Evidence required to demonstrate competence in this unit must be relevant to and satisfy all of the requirements of the elements and performance criteria and include knowledge of:

Australian codes and regulations relevant to conducting stocktakes housekeeping standards and procedures operational work systems, equipment, management and site operating systems for conducting stocktakes principles of operation and functions of stocktake systems site layout and obstacles workplace procedures and policies for conducting stocktakes workplace processes for managing records and producing stocktake reports.

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