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Unit of competency details

SIRXINV005A - Control inventory (Release 2)

Summary

Usage recommendation:
Superseded
Mapping:
MappingNotesDate
Is superseded by SIRRINV001 - Receive and handle retail stock· Not equivalent · Unit updated to meet Standards for Training Packages · Updated title · Unit sector changed to Retail · Significant change to the expression of elements and performance criteria to streamline language and better define essential outcomes and performance · Updated knowledge requirements to reflect unit revisions. 30/Mar/2016
Supersedes and is equivalent to WRRO5B - Control inventoryUpdated and equivalent to WRR05B 10/Nov/2010

Release Status:
Current
Releases:
ReleaseRelease date
2 (this release) 13/Jun/2012
(View details for release 1) 11/Nov/2010

Training packages that include this unit

CodeSort Table listing Training packages that include this unit by the Code columnTitleSort Table listing Training packages that include this unit by the Title columnRelease
SIS10 - Sport, Fitness and Recreation Training PackageSport, Fitness and Recreation Training Package 3.0-3.1 
AMP - Australian Meat Processing Training PackageAustralian Meat Processing Training Package 1.0 
SIS - Sport, Fitness and Recreation Training PackageSport, Fitness and Recreation Training Package 2.0-4.1 
AHC10 - Agriculture, Horticulture and Conservation and Land ManagementAgriculture, Horticulture and Conservation and Land Management 4.0-8.0 
SFI11 - Seafood Industry Training PackageSeafood Industry Training Package 2.0-2.2 
HLT - HealthHealth 2.0-6.0 
SIR07 - Retail Services Training PackageRetail Services Training Package 3.0-3.3 

Qualifications that include this unit

CodeSort Table listing Qualifications that include this unit by the Code columnTitleSort Table listing Qualifications that include this unit by the Title columnRelease
SIR40112 - Certificate IV in Community PharmacyCertificate IV in Community Pharmacy1-3 
AUR50105 - Diploma of Automotive ManagementDiploma of Automotive Management1-2 
SIR50112 - Diploma of Retail ManagementDiploma of Retail Management1-3 
MTM40411 - Certificate IV in Meat Processing (General)Certificate IV in Meat Processing (General)1-6 
AUR40105 - Certificate IV in Automotive ManagementCertificate IV in Automotive Management1-2 
SIR40212 - Certificate IV in Retail ManagementCertificate IV in Retail Management1-2 
MTM40111 - Certificate IV in Meat Processing (Leadership)Certificate IV in Meat Processing (Leadership)1-4 
SIS50712 - Diploma of Sport and Recreation ManagementDiploma of Sport and Recreation Management1-2 
SIS50115 - Diploma of Sport and Recreation ManagementDiploma of Sport and Recreation Management
SIS40410 - Certificate IV in Sport and RecreationCertificate IV in Sport and Recreation1-2 
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Classifications

SchemeCodeClassification value
ASCED Module/Unit of Competency Field of Education Identifier 089901 Purchasing, Warehousing And Distribution  

Classification history

SchemeCodeClassification valueStart dateEnd date
ASCED Module/Unit of Competency Field of Education Identifier 089901 Purchasing, Warehousing And Distribution  23/Oct/2008 
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Modification History

The version details of this endorsed unit are in the table below. The latest information is at the top.

Release  

Comments 

Second Release

Editorial updates

Unit Descriptor

This unit describes the performance outcomes, skills and knowledge required to control inventory in a retail environment. It involves managing receipt, dispatch and storage of merchandise, and managing stock control.

Application of the Unit

This unit applies to team members at a supervisory level who plan, coordinate and implement activities associated with the receipt, dispatch, storage and movement of merchandise. This includes observing maintenance procedures for storage areas and equipment, according to store policy and procedures and relevant legislation.

Licensing/Regulatory Information

No licensing, legislative, regulatory or certification requirements apply to this unit at the time of endorsement.

Pre-Requisites

Nil

Employability Skills Information

This unit contains employability skills.

Elements and Performance Criteria Pre-Content

Elements and Performance Criteria

Element 

Performance criteria 

Elements describe the essential outcomes of a unit of competency.

Performance criteria describe the performance needed to demonstrate achievement of the element. Where bold italicised text is used, further information is detailed in the required skills and knowledge section and the range statement. Assessment of performance is to be consistent with the evidence guide.

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 and Knowledge

This section describes the essential skills and knowledge and their level, required for this unit.

Required skills 

  • technical skills to use electronic recording equipment
  • time management skills to maintain stock levels according to store policy and procedure requirements
  • literacy and numeracy skills to:
  • maintain stock control reports and documentation
  • process orders
  • maintain delivery and supply records
  • maintain stock distribution records
  • maintain stock recording systems
  • analyse data
  • prepare and present reports

Required knowledge 

  • 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
  • Work Health and Safety (WHS) legislation and codes of practice

Evidence Guide

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
  • WHS 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.

Guidance information for assessment 

Holistic assessment with other units relevant to the industry sector, workplace and job role is recommended.

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.

Unit Sector(s)

Cross-Sector

Competency field

Inventory