Elements describe the essential outcomes.
Performance criteria describe the performance needed to demonstrate achievement of the element.
Maintain stock records
Stock levels and records are monitored and maintained at required levels
Stock reorder cycles are monitored, maintained and adjusted as required
Stock storage and movement records are maintained in accordance with organisational policy
Implement stocktaking and stock rotation processes
Relevant policies and procedures for 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 potential reasons are established
Possible solutions to avoidable losses are recommended and implemented
Accurate reports on stocktake data, including discrepancies, are produced for management