Unit of competency Outline

Date retreived
23/07/2026 1:27 PM AWST

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Manage stock supply and purchase

Manage stock supply and purchase

Unit of competency
National Code
SISXFAC005
State Code
AVD11
TGA Status
Replaced
DTWD Status
Transition (Replaced)
Current Release Number
1.00
Current Release Date
03/09/2015
View on TGA
State Implementation and Classification
Approved Date
14/04/2016
Field of Education
089901 - Purchasing, Warehousing And Distribution
Original Release Date
14/04/2016
Nominal Hours
40
Description
This unit describes the performance outcomes, skills and knowledge required to establish and implement stock control and cost-effective stock purchasing and supply systems for a multi-use sport, fitness or recreation facility.This unit applies to those with leadership roles such as facility managers in locations such as fitness centres, outdoor sporting grounds or complexes, aquatic centres or community recreation centres. These individuals are responsible for managing the implementation of a broad range of facility requirements and have a high degree of autonomy. Work is performed according to relevant legislation and organisational policies and procedures. No occupational licensing, certification or specific legislative requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Determine stock requirements.
  • 1.1 Use business data, forecasting methods and standard measures to calculate required stock levels.
  • 1.2 Determine stock requirements for standard business periods, peak seasons and special events.
  • 1.3 Establish cost-effective purchase quantities based on business information and supplier advice.
2. Establish optimum supply arrangements.
  • 2.1 Evaluate quality of supply, based on feedback from colleagues and customers.
  • 2.2 Source and review potential suppliers.
  • 2.3 Develop appropriate and accurate purchase specifications.
  • 2.4 Assess suppliers against specifications considering all relevant factors.
  • 2.5 Assess terms of purchase and negotiate with suppliers to achieve optimum supply arrangements.
  • 2.6 Adjust sources of supply and make accurate records of agreements.
3. Develop and implement stock control systems.
  • 3.1 Develop stock control systems and communicate to relevant staff.
  • 3.2 Develop special control systems for stock with high wastage or loss.
  • 3.3 Monitor workplace systems and make adjustments according to feedback and operational experience.
  • 3.4 Initiate training of staff to minimise stock wastage.
4. Manage stock reconciliation.
  • 4.1 Plan and implement stock reconciliation process.
  • 4.2 Monitor stock reconciliation procedures in consultation with an auditor as required.
  • 4.3 Complete and maintain stock reconciliation records according to relevant legislation.
No information
No information
Replaces
State Code National Code Title Type
D6193 SISXFAC506A Manage stock supply and purchase Unit of competency
Replaced By
State Code National Code Title Type
OEN59 SISXFAC011 Manage stock supply and purchase Unit of competency