- SIRXINV005A - Control inventory
SIRXINV005A
Control inventory
Application
This unit requires the team member to operate at a supervisory level to plan, coordinate and implement activities associated with the receipt, dispatch, storage and movement of merchandise, including observing maintenance procedures for storage areas and equipment according to store policy and procedures and relevant legislation. | |
Prerequisites
Nil | |
Elements and Performance Criteria
ELEMENT | PERFORMANCE CRITERIA | ||
1 | Manage receipt, dispatch and storage of merchandise. | 1.1 | Receive, dispatch and store merchandise according to store policy and procedures. |
1.2 | Determine cost-effective and efficient methods for goods movement according to store policy. | ||
1.3 | Implement maintenance procedures for storage areas and equipment according to store policy. | ||
2 | Manage stock control. | 2.1 | Implement store policy and procedures in regard to stock control and inventories. |
2.2 | Establish and implement store procedures to monitor and control stock levels. | ||
2.3 | Maintain budgeted stock levels. | ||
2.4 | Establish and implement stocktaking procedures. | ||
2.5 | Establish and implement contingency plans in regard to stock delivery times. | ||
2.6 | Document and prepare accurate reports on stock inventories. |
Required Skills
This section describes the essential skills and knowledge and their level, required for this unit. |
The following skills must be assessed as part of this unit: store stocktaking systems use of electronic recording equipment time management report preparation and presentation literacy and numeracy skills in regard to: stock control reports and documentation processing orders maintaining delivery and supply records stock distribution records maintaining stock recording systems data analysis. |
The following knowledge must be assessed as part of this unit: store policy and procedures in regard to: receipt of goods from suppliers dispatch of goods shrinkage prevention waste controls safety controls secure storage in an appropriate environment equipment used to move stock store systems and equipment for stock recording and control inventory control storage security licensing requirements for operating moving equipment (if applicable) relevant legislation and statutory requirements relevant industry codes of practice OHS legislation and codes of practice. |
Evidence Required
The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, the range statement and the Assessment Guidelines for this Training Package. | |
Critical aspects for assessment and evidence required to demonstrate competency in this unit | Evidence of the following is essential: plans, coordinates and implements activities associated with receipt, dispatch, storage and movement of merchandise according to store policy and procedures, including OHS policies and guidelines implements maintenance procedures for storage areas and equipment according to store policy plans, coordinates and implements activities associated with stock control, including: monitoring and controlling stock levels establishing and maintaining stocktaking procedures documenting and reporting on inventories according to store policy and procedures. |
Context of and specific resources for assessment | Assessment must ensure access to: a retail work environment relevant documentation, such as: store policy and procedures on inventory control legislation and statutory requirements industry codes of practice OHS legislation and codes of practice access to: a stock control system stock control equipment a team. |
Methods of assessment | A range of assessment methods should be used to assess practical skills and knowledge. The following examples are appropriate for this unit: observation of performance in the workplace third-party reports from a supervisor written or verbal questioning to assess knowledge and understanding review of portfolios of evidence and third-party workplace reports of on-the-job performance. Holistic assessment with other units relevant to the industry sector, workplace and job role is recommended. |
Assessing employability skills | Employability skills are integral to effective performance in the workplace and are broadly consistent across industry sectors. How these skills are applied varies between occupations and qualifications due to the different work functions and contexts. Employability skills embedded in this unit should be assessed holistically in the context of the job role and with other relevant units that make up the skill set or qualification. |
Range Statement
The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording in the performance criteria is detailed below. | |
Store policy and procedures in regard to: | receipt of goods from suppliers dispatch of goods shrinkage prevention waste controls safety controls secure storage stock control and inventories. |
Equipment may include: | electronic bar coding equipment weighing machines thermometers climate control cold storage units storage fixtures trolley return equipment portable data entry cutting equipment protective clothing. |
Stock control may include: | stocktaking monitoring stock levels cyclical counts minimisation of out-of-date stock quality control. |
Contingency plans may include: | breakdowns delays floods breakages. |
Reports may include: | business documents informal reports stocktake reports. |
Sectors
Sector | Cross-Sector |
Competency Field
Inventory | |
Employability Skills
The required outcomes described in this unit contain applicable facets of employability skills. The Employability Skills Summary of the qualification in which this unit is packaged will assist in identifying employability skills requirements. | |
Licensing Information
Not applicable.