Elements and Performance Criteria
- Implement inventory control system
- Access, interpret and apply compliance documentation relevant to implementing, monitoring, rectifying and reporting on inventory control systems
- Identify resources, both human and technical, required to support implementation, and put in place
- Implement record keeping procedures
- Implement processes for controlling stock
- Implement reporting processes
- Communicate system to stakeholders
- Monitor inventory control system
- Establish procedures for monitoring inventory control system
- Audit inventory control system according to organisational specifications
- Implement discrepancy reporting procedures
- Supervise production of inventory system reports
- Analyse inventory reports
- Identify major trends
- Identify and document areas requiring adjustment and notify relevant personnel
- Rectify inventory control system
- Report on inventory control system