Assessor Resource
TLIA4028
Assess and monitor optimum stock levels
Assessment tool
Version 1.0
Issue Date: June 2024
This unit involves the skills and knowledge required to assess and monitor optimum stock levels in accordance with workplace requirements and relevant regulations, as part of work activities undertaken within the transport and logistics industry.
It includes assessing projected demand, assessing variables that impact on optimum stock levels, and determining and monitoring optimum inventory levels.
Work is performed under general guidance on progress and outcomes of work. It requires the exercise of discretion and judgement for self and others in planning and using resources, services and processes to achieve required outcomes within organisational policy and procedures.
No licensing, legislative or certification requirements apply to this unit at the time of publication.
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