Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners

SISXFAC011 Mapping and Delivery Guide
Manage stock supply and purchase

Version 1.0
Issue Date: May 2024


Qualification -
Unit of Competency SISXFAC011 - Manage stock supply and purchase
Description
Employability Skills
Learning Outcomes and Application
Duration and Setting X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting.
Prerequisites/co-requisites
Competency Field
Development and validation strategy and guide for assessors and learners Student Learning Resources Handouts
Activities
Slides
PPT
Assessment 1 Assessment 2 Assessment 3 Assessment 4
Elements of Competency Performance Criteria              
Element: Determine stock requirements.
  • Use business data, forecasting methods and standard measures to calculate required stock levels.
  • Determine stock requirements for standard business periods, peak seasons and special events.
  • Establish cost-effective purchase quantities based on business information and supplier advice.
       
Element: Establish optimum supply arrangements.
  • Source and review potential suppliers of relevant types of products used by the organisation.
  • Develop detailed and accurate purchase specifications.
  • Assess suppliers against specifications considering all relevant factors.
  • Assess terms of purchase and negotiate with suppliers to achieve optimum supply arrangements.
  • Evaluate cost and quality of supply based on feedback from staff and customers, identify deficiencies and adjust purchasing arrangements.
  • Keep accurate records of supply agreements.
       
Element: Develop and implement stock control systems.
  • Develop stock control systems and communicate to relevant staff.
  • Develop special control systems for particular goods and stock with high wastage.
  • Monitor systems and make adjustments according to feedback and stock control reports.
  • Initiate training of staff to minimise stock wastage.
       
Element: Manage stock reconciliation.
  • Organise stock reconciliation and cyclical count at intervals that meet business need.
  • Allocate responsibilities to staff and supervise operation of stocktakes and cyclical counts.
  • Complete and maintain stock reconciliation records according to organisational procedures.
       

Submission Requirements

List each assessment task's title, type (eg project, observation/demonstration, essay, assignment, checklist) and due date here

Assessment task 1: [title]      Due date:

(add new lines for each of the assessment tasks)


Assessment Tasks

Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.
Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.

Observation Checklist

Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice Yes No Comments/feedback
Use business data, forecasting methods and standard measures to calculate required stock levels. 
Determine stock requirements for standard business periods, peak seasons and special events. 
Establish cost-effective purchase quantities based on business information and supplier advice. 
Source and review potential suppliers of relevant types of products used by the organisation. 
Develop detailed and accurate purchase specifications. 
Assess suppliers against specifications considering all relevant factors. 
Assess terms of purchase and negotiate with suppliers to achieve optimum supply arrangements. 
Evaluate cost and quality of supply based on feedback from staff and customers, identify deficiencies and adjust purchasing arrangements. 
Keep accurate records of supply agreements. 
Develop stock control systems and communicate to relevant staff. 
Develop special control systems for particular goods and stock with high wastage. 
Monitor systems and make adjustments according to feedback and stock control reports. 
Initiate training of staff to minimise stock wastage. 
Organise stock reconciliation and cyclical count at intervals that meet business need. 
Allocate responsibilities to staff and supervise operation of stocktakes and cyclical counts. 
Complete and maintain stock reconciliation records according to organisational procedures. 

Forms

Assessment Cover Sheet

SISXFAC011 - Manage stock supply and purchase
Assessment task 1: [title]

Student name:

Student ID:

I declare that the assessment tasks submitted for this unit are my own work.

Student signature:

Result: Competent Not yet competent

Feedback to student

 

 

 

 

 

 

 

 

Assessor name:

Signature:

Date:


Assessment Record Sheet

SISXFAC011 - Manage stock supply and purchase

Student name:

Student ID:

Assessment task 1: [title] Result: Competent Not yet competent

(add lines for each task)

Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

Assessor name:

Signature:

Date:

Student signature:

Date: