Elements and Performance Criteria
- Maintain stock records
- Implement stocktaking and stock rotation processes
- Policies and procedures in regard to stocktaking and cyclical counts are interpreted and explained to team members
- Stocktaking tasks are allocated to individual team members
- Team members are provided with clear directions for the performance of each task and supervised
- Stocktaking and stock rotation procedures are implemented
- Identify stock losses
- Losses are accurately identified, recorded and assessed against potential loss forecast on a regular basis
- Avoidable losses are identified and reasons established
- Possible solutions to avoidable losses are recommended and implemented
- Accurate reports on stocktake data, including discrepancies are produced for management