Elements and Performance Criteria
- Prepare for stocktake
- Goods to be counted and appropriate inventory systems are identified
- Required resources including equipment and record keeping systems are identified
- Allocated tasks, zones and work requirements are identified
- Sequencing of work activities is planned in a time effective manner
- Stocktake and count stock
- Stocktaking and cyclical counts are undertaken in accordance with workplace policies and procedures
- Inventory data is interpreted
- Inventory data is confirmed to match stock
- Stock levels are accurately counted and documented
- Identify stock discrepancies
- Discrepancies in type, number and quality of stock are accurately recorded and documented
- Products stored in inappropriate storage locations are relocated and stock records are adjusted
- Complete documentation
- Inventory data is reconciled to match warehouse stock in accordance with workplace procedures
- Workplace documentation is completed