Application
This unit of competency describes the skills and knowledge required to maintain stock control and receivals. It includes establishing supply arrangements, monitoring and maintaining stock, processing receivals and storing stock, determining stock wastage and discrepancies and performing stock audits and reporting.
Stock control involves the monitoring and managing of an organisation's stock. It applies to all stock at every stage of the production process from purchasing and delivery to using and reordering stock.
Receivals is the function of checking items delivered as new stock or supplies. It requires the inspection of goods and materials for quality, condition and quantity and the allocating of space in the storage facility or warehouse.
The unit is applicable to those with responsibilities for stock control and/or receivals within a supply chain.
No licensing, legislative or certification requirements apply to this unit at the time of publication.
Competency Field
X - Logistics
Unit Sector
Cross sector
Contains the following documents
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