Unit of competency Outline

Date retreived
21/07/2026 11:18 PM AWST

Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.

Plan inventory levels

Plan inventory levels

Unit of competency
National Code
WRWI402A
State Code
N0753
TGA Status
Replaced
DTWD Status
Replaced
Current Release Number
1.00
Current Release Date
23/05/2001
State Implementation and Classification
Approved Date
30/05/2003
Field of Education
089901 - Purchasing, Warehousing And Distribution
Original Release Date
30/05/2003
Nominal Hours
40
Description
Notes
Elements and Performance Criteria
No information
The Range of Variables statement provides details of the scope of the Elements and Performance Criteria to allow for differences within enterprises and workplaces, including practices, knowledge and requirements. The Range of Variables also provides a focus for assessment and relates to the unit as a whole. The variables listed should be considered indicative rather than exhaustive and should be used as applicable to the job role or function.

General Contexts may include but are not limited to
Type of products and services provided
Business policy and procedures with regard to the acquisition and sale of products and services
Size, type and location of business
Business merchandise range
Strategic measurement and evaluation systems and processes
Characteristics of the specific product(s) or service(s)
Management structure and communication relationships
Business service range
Customers including other businesses or end consumers serviced through business customers or directly
Varying levels of staff training
Worksite specific context, variations and environments

Workplace Contexts may include but are not limited to
Workplace-specific guidelines, policies and practices
Conditions of service, legislation and industrial agreements
Consultative processes may involve
Staff members
Teams
Management
Union representatives
Industrial relations, Occupational Health & Safety specialists
Other professional or technical staff
Relevant personnel may vary with context, level of employment, ascribed duties, nature of enquiry or response required.

Applicable State/ Territory/ Commonwealth regulations and legislation may include but are not limited to:
Occupational Health and Safety
Workplace relations
Workers compensation
Industry codes of practice
License, patent or copyright arrangements
Environmental protection legislation
Equal Employment Opportunity and anti-discrimination law
Emergency procedures
Transport, storage and handling of goods
Goods and Services Tax
Australian Competition and Consumer Commission provisions
Trade Practices Act

Sources of information may include but are not limited to
Legislation and regulations
Work procedures and internal manuals
Company operating procedures and instructions
Manufacturer's specifications
Supplier and/ or customer instructions
Manifests
Codes of practice
Quality assurance systems, procedures and policies
Awards, workplace agreements, and other industrial arrangements
Oral/ verbal communication including face to face, telephone, Internet, radio, and such like
Written instructions and communication such as data exchange, letters, e-mails
Non-verbal communication
Feedback
Safety instructions and workplace signage
Direct or indirect
Electronic or hard copy
Policy and protocols

Work site environment factors may include but are not limited to
Key elements of a commercial strategy may include
Consultation with key stakeholder
Expenditure budget meets organisational requirements for probity
Procurement process agreed by users, documented, and meets legal and probity requirements
Approvals obtained
Contractual arrangements that capture and address identified risks, protection of all parties, and include performance indicators which provide the basis for due performance

Types of standards, performance benchmarks or specifications may include
Australian Standards
International Standards
Professional standard
Industry standards
Performance indicators
Quality measures and criteria
Planning milestones and timeframes
Design brief
Manufacturers and suppliers standards

Types of plans may include but not be limited to
Sales
Marketing
Strategic
Business
Purchasing/ procurement
Disposal
Human resource
Public relations
Contingency
Risk management
Environmental

Forecast Information collection may be by
Data base or Internet searches
Modelling
Telephone
Facsimile
Mail
Verbal meetings

Logistics may include
Phases or stages of the supply and distribution chain
Timeframes
Milestones
Payment schedule
Targets
Outputs
Infrastructural resources
Levels of service

Forms of procurements or purchasing activities may include
Requisitions
Tenders
Competitive bids
Production schedules
Electronic Data Interchange
Just In Time
Ordering
Bill of materials
Stock and supply agreements

Supply arrangements may include
Delivery of products
Provision of services
Maintenance and support agreements
Leasing agreements/ consultancies
Research and development

Evaluation of options may include
Stakeholder consultation
Development of a business case
Modelling results
Cost benefit analysis
Data analysis
Comparison of results
The following components of the Evidence Guide relate directly to the Performance Criteria and the Range of Variables for the unit of competency and will inform and provide guidance for assessment of the unit in the workplace and/or training program. This Evidence Guide must be read in conjunction with the Assessment Guidelines for the National Wholesale Training Package.

Critical aspects of evidence
Assessment requires evidence of the following be collected:
Maintenance of accurate and appropriate inventory levels
Accurate forecasts on inventory demand
Plans for inventory required to meet special events or contingencies
Implementation of appropriate operations/ inventory control and monitoring approaches.
Ongoing review and improvement of inventory plans

Interdependent assessment of units
This unit may be assessed in conjunction with other units that form part of a job role or function.

Underpinning knowledge and skills
Display knowledge in terms of job role or function:
Operations management approaches
Relationships between inventory and distribution
Relationships between marketing and inventory management
Forecasting as it impacts inventory
Special events impacting specific business operations or planning cycles
Legal, administrative and business supply requirements
Industrial or performance standards systems used to measure and monitor inventory levels and performance
Occupational health and safety aspects of job

Display skills in terms of job role or function, including the ability to:
Written tasks in complex planning and reporting tasks
Apply inventory and operations management approaches
Implement inventory control procedures within a team environment
Complete ongoing reviews and improvements to inventory plans

Resource Implications
Access to required assessment evidence, additional time spent with assessee in assessment because of nature of assessment tasks, appropriate assessment facilities.

Consistency in performance
The assessment method should be conducted over time to cover all elements and performance criteria, across a range of variables.
Work practices should be in accordance with safe operating procedures to minimise the risk of injury to self or others or damage to goods, equipment or products.

Context for assessment
Assessment may occur on the job, or off-the-job.
Replaced By
State Code National Code Title Type
S6143 SIRXINV003A Plan inventory levels Unit of competency
State Code National Code Title Type
N083 WRW40101 Certificate IV in Wholesale Management Qualification