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Evidence Guide: TLIA4062 - Implement safety stock systems

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!

From the Wiki University

 

TLIA4062 - Implement safety stock systems

What evidence can you provide to prove your understanding of each of the following citeria?

Plan and prepare safety stock levels

  1. Determined optimum safety stock levels are maintained to ensure constant productivity
  2. Purchase, receipt, storage and issue of stock is undertaken as required
  3. Safety stock is valued using the nominated valuation method, as required
  4. Hazards are identified, risks are assessed and control measures are implemented
  5. Safety stock rotation procedures are implemented
Determined optimum safety stock levels are maintained to ensure constant productivity

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Purchase, receipt, storage and issue of stock is undertaken as required

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Safety stock is valued using the nominated valuation method, as required

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Hazards are identified, risks are assessed and control measures are implemented

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Safety stock rotation procedures are implemented

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Maintain safety stock levels

  1. Records are checked against stock and continuously adjusted and updated as required
  2. Safety stock levels are maintained in accordance with organisational policy and procedures, and safety stock plan
  3. Records are stored for future access
  4. Safety stock levels are reconciled with paperwork and discrepancies are rectified or reported to nominated person/section within designated timelines
Records are checked against stock and continuously adjusted and updated as required

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Safety stock levels are maintained in accordance with organisational policy and procedures, and safety stock plan

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Records are stored for future access

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Safety stock levels are reconciled with paperwork and discrepancies are rectified or reported to nominated person/section within designated timelines

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Review safety stock system

  1. Safety stock records are reviewed for discrepancies regarding target outcomes
  2. Improvements of safety stock system reviewed with all variables affecting discrepancies, are identified
  3. Required improvements are reported in accordance with organisational policy and procedures
Safety stock records are reviewed for discrepancies regarding target outcomes

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Improvements of safety stock system reviewed with all variables affecting discrepancies, are identified

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Required improvements are reported in accordance with organisational policy and procedures

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

ELEMENTS

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1

Plan and prepare safety stock levels

1.1

Determined optimum safety stock levels are maintained to ensure constant productivity

1.2

Purchase, receipt, storage and issue of stock is undertaken as required

1.3

Safety stock is valued using the nominated valuation method, as required

1.4

Hazards are identified, risks are assessed and control measures are implemented

1.5

Safety stock rotation procedures are implemented

2

Maintain safety stock levels

2.1

Records are checked against stock and continuously adjusted and updated as required

2.2

Safety stock levels are maintained in accordance with organisational policy and procedures, and safety stock plan

2.3

Records are stored for future access

2.4

Safety stock levels are reconciled with paperwork and discrepancies are rectified or reported to nominated person/section within designated timelines

3

Review safety stock system

3.1

Safety stock records are reviewed for discrepancies regarding target outcomes

3.2

Improvements of safety stock system reviewed with all variables affecting discrepancies, are identified

3.3

Required improvements are reported in accordance with organisational policy and procedures

Required Skills and Knowledge

ELEMENTS

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1

Plan and prepare safety stock levels

1.1

Determined optimum safety stock levels are maintained to ensure constant productivity

1.2

Purchase, receipt, storage and issue of stock is undertaken as required

1.3

Safety stock is valued using the nominated valuation method, as required

1.4

Hazards are identified, risks are assessed and control measures are implemented

1.5

Safety stock rotation procedures are implemented

2

Maintain safety stock levels

2.1

Records are checked against stock and continuously adjusted and updated as required

2.2

Safety stock levels are maintained in accordance with organisational policy and procedures, and safety stock plan

2.3

Records are stored for future access

2.4

Safety stock levels are reconciled with paperwork and discrepancies are rectified or reported to nominated person/section within designated timelines

3

Review safety stock system

3.1

Safety stock records are reviewed for discrepancies regarding target outcomes

3.2

Improvements of safety stock system reviewed with all variables affecting discrepancies, are identified

3.3

Required improvements are reported in accordance with organisational policy and procedures

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 identified hazards

applying relevant legislation and workplace procedures

communicating and working effectively with others

completing relevant documentation

implementing contingency plans

modifying activities depending on operational contingencies, risk situations and environments

monitoring and prioritising work activities in terms of planned schedule

reading, interpreting and following relevant instructions, procedures, information and signs.

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:

definitions of commonly used terminology such as lead time, lead time demand, forecast, demand history, order cycle

principles, purpose and location of controls, monitoring devices and systems

procedures for identifying problems with the safety stock system in use

procedures for operating electronic communications equipment

relevant sections of national and state/territory regulatory requirements and codes of practice

requirements for completing relevant documentation including commonly used methods to estimate required safety stock levels

steps involved in planning work activities

typical problems that can occur and related action that should be taken.

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.