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Elements and Performance Criteria

1. Maintain stock records
2. Stock levels and records are monitored and maintained at required levels
3. Stock reorder cycles are monitored, maintained and adjusted as required
4. Stock storage and movement records are maintained in accordance with organisational policy
5. Implement stocktaking and stock rotation processes
6. Relevant policies and procedures for stocktaking and cyclical counts are interpreted and explained to team members
7. Stocktaking tasks are allocated to individual team members
8. Team members are provided with clear directions for the performance of each task and supervised
9. Stocktaking and stock rotation procedures are implemented
10. Identify stock losses
11. Losses are accurately identified, recorded and assessed against potential loss forecast on a regular basis
12. Avoidable losses are identified and potential reasons are established
13. Possible solutions to avoidable losses are recommended and implemented
14. Accurate reports on stocktake data, including discrepancies, are produced for management

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 relevant legislation and workplace procedures when undertaking stocktake communicating and working effectively with others completing relevant documentation implementing contingency plans monitoring work activities in terms of planned schedule operating equipment in accordance with standard operating procedures reading, interpreting and following relevant instructions, procedures and signs reporting and/or rectifying identified problems, faults or malfunctions promptly, in accordance with regulatory requirements and workplace procedures.

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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:

procedures for identifying and recording discrepancies and/or damage procedures for operating electronic communications equipment relevant sections of national, state/territory legislative and regulatory requirements, and codes of practice requirements for completing relevant documentation stock control stock replenishment/reorder procedures.

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