Unit of competency Outline

Date retreived
23/07/2026 2:48 PM AWST

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Implement and supervise stocktaking procedures

Implement and supervise stocktaking procedures

Unit of competency
National Code
TLIR4008
State Code
AVH92
TGA Status
Current
DTWD Status
Approved
Current Release Number
2.00
Current Release Date
29/01/2021
State Implementation and Classification
Approved Date
23/02/2016
Field of Education
089901 - Purchasing, Warehousing And Distribution
Original Release Date
23/02/2016
Nominal Hours
30
Description
This unit involves the skills and knowledge required to implement and supervise stocktaking procedures in various contexts within the transport and logistics industry.It includes monitoring and maintaining stock records, implementing stocktaking and stock rotation processes, and identifying stock losses.The unit generally applies to those who lead individuals or teams.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1 Maintain stock records
  • 1.1 Stock levels and records are monitored and maintained at required levels
  • 1.2 Stock reorder cycles are monitored, maintained and adjusted as required
  • 1.3 Stock storage and movement records are maintained in accordance with organisational policies and procedures
2 Implement stocktaking and stock rotation processes
  • 2.1 Relevant policies and procedures for stocktaking and cyclical counts are interpreted and explained to team members
  • 2.2 Stocktaking tasks are allocated to individual team members
  • 2.3 Team members are provided with clear directions for the performance of each task and supervised
  • 2.4 Stocktaking and stock rotation procedures are implemented
3 Identify stock losses
  • 3.1 Losses are accurately identified, recorded and assessed against potential loss forecast on a regular basis
  • 3.2 Avoidable losses are identified and potential reasons are established
  • 3.3 Possible solutions to avoidable losses are recommended and implemented
  • 3.4 Accurate reports on stocktake data, including discrepancies, are produced for management
No information
No information
Replaces
State Code National Code Title Type
D5325 TLIR4008A Implement and supervise stocktaking procedures Unit of competency