Unit of competency Outline
Date retreived
23/07/2026 6:53 AM AWST
23/07/2026 6:53 AM 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.
Monitor inventory capacity to meet demand
Monitor inventory capacity to meet demand
Unit of competency
National Code
SIRWINV003A
SIRWINV003A
State Code
S6103
S6103
TGA Status
Replaced
Replaced
DTWD Status
Replaced
Replaced
State Implementation and Classification
Approved Date
01/04/2008
Field of Education
089901 - Purchasing, Warehousing And Distribution
Original Release Date
01/04/2008
Nominal Hours
20
Description
This unit describes the performance outcomes, skills and knowledge required to manage business systems inventory required by a business to meet operational and customer requirements.
Notes
Elements and Performance Criteria
1 Monitor receipt and dispatch of goods.
- 1.1 Determine responsibility for receipt and dispatch of products accurately.
- 1.2 Implement business policy and procedures in regard to receipt, dispatch and secure storage of products.
- 1.3 Observe staff functions to ensure business procedures are followed and documentation is completed correctly.
- 1.4 Implement business procedures to ensure products are inspected for quantity and quality on receipt.
- 1.5 Act upon variations to quantity and quality of delivered products according to business policy.
- 1.6 Supervise safe handling and storage of products according to business policy.
2 Maintain stock records.
- 2.1 Monitor stock levels and maintain at required levels.
- 2.2 Maintain, monitor and adjust stock reorder cycles as required.
- 2.3 Inform team members of their individual responsibilities in regard to recording of stock.
- 2.4 Maintain stock storage and movement records according to business policy.
- 2.5 Record stock discrepancies and follow procedures according to business policy.
- 2.6 Monitor stock performance and identify and report fast and slow selling items according to business policy.
3 Ensure inventory is on hand.
- 3.1 Coordinate deliveries to meet inventory demand.
- 3.2 Match logistics of delivery to inventory supply requirements.
4 Coordinate stocktake or cyclical count.
- 4.1 Interpret policy and procedures in regard to stocktaking and cyclical counts and explain to team members.
- 4.2 Roster staff according to allocated budget and time constraints.
- 4.3 Allocate stocktaking tasks to individual team members.
- 4.4 Provide team members with clear directions for the performance of each task.
- 4.5 Allocate team members to ensure effective use of staff resources to complete task.
- 4.6 Produce accurate reports for management on stocktake data, including discrepancies.
5 Identify stock losses.
- 5.1 Identify and record losses and assess against potential loss forecast on a regular basis.
- 5.2 Identify avoidable losses and establish reason.
- 5.3 Recommend and implement possible solutions for stock losses.
procurement processes
merchandise and product range
pricing, labelling and packaging requirements
receipt and dispatch of goods
transport, handling and storage of goods
job roles and responsibilities
stocktaking and cyclical counts.
purchase requests and orders
invoices and payment requests
statements and petty cash vouchers
offer and contract documents
evaluation process documentation
records of authorised officers' decisions
corporate credit card transaction statements
records of supplier performance
financial statements
asset registers
records of conversation.
storage in:
refrigeration
freezers
coolrooms
dry stores
product segregation
packaging products for storage
labelling of goods
stock rotation
optimum maintenance of storage areas, including:
cleanliness and sanitation
lighting
climate control
pest control
ventilation
disposal of damaged or spoiled goods
safe manual handling and lifting techniques
safe use of equipment, such as ladders and trolleys.
stock characteristics
OHS
industry codes of practice
come from a variety of social, cultural or ethnic backgrounds
vary in literacy and numeracy skills
vary in competencies.
manual
electronic
templated
customer demand
seasonal cycles
selling approaches
environmental factors
quality demands
advances in technology.
financial reports
business documents
informal reports
stocktake reports.
phases or stages of the supply and distribution chain
timeframes
milestones
payment schedules
targets
outputs
infrastructural resources
levels of service.
Factors affecting staff
varying levels of staff training
available or required staffing levels
routine or busy trading conditions
full-time, part-time, casual or contract staff
range of staff responsibilities
awards and agreements
budget allocation.
merchandise and product range
pricing, labelling and packaging requirements
receipt and dispatch of goods
transport, handling and storage of goods
job roles and responsibilities
stocktaking and cyclical counts.
purchase requests and orders
invoices and payment requests
statements and petty cash vouchers
offer and contract documents
evaluation process documentation
records of authorised officers' decisions
corporate credit card transaction statements
records of supplier performance
financial statements
asset registers
records of conversation.
storage in:
refrigeration
freezers
coolrooms
dry stores
product segregation
packaging products for storage
labelling of goods
stock rotation
optimum maintenance of storage areas, including:
cleanliness and sanitation
lighting
climate control
pest control
ventilation
disposal of damaged or spoiled goods
safe manual handling and lifting techniques
safe use of equipment, such as ladders and trolleys.
stock characteristics
OHS
industry codes of practice
come from a variety of social, cultural or ethnic backgrounds
vary in literacy and numeracy skills
vary in competencies.
manual
electronic
templated
customer demand
seasonal cycles
selling approaches
environmental factors
quality demands
advances in technology.
financial reports
business documents
informal reports
stocktake reports.
phases or stages of the supply and distribution chain
timeframes
milestones
payment schedules
targets
outputs
infrastructural resources
levels of service.
Factors affecting staff
varying levels of staff training
available or required staffing levels
routine or busy trading conditions
full-time, part-time, casual or contract staff
range of staff responsibilities
awards and agreements
budget allocation.
Critical aspects for assessment and evidence required to demonstrate competency in this unit
Evidence of the following is essential:
consistently manages and monitors staff implementation of inventory procedures and documentation for the receipt, dispatch and secure storage of goods
utilises relevant business systems to accurately monitor inventory levels, storage, movement and reorder cycles on a regular basis
competently organises and coordinates stock movement to ensure that inventory is available to meet business needs
completes relevant business documentation accurately, in a timely manner and in agreed format as required
competently organises and coordinates stocktakes and cyclical counts to monitor and review inventory levels, identify discrepancies and develop solutions to stock loss
Context of and specific resources for assessment
Assessment must ensure access to:
a wholesale work environment
relevant documentation, such as:
business policy and procedures manuals
OHS legislation and codes of practice
an inventory control system
relevant business technology
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.
Holistic assessment with other units relevant to the industry sector, workplace and job role is recommended.
Assessing employability skills
Employability skills are integral to effective performance in the workplace and are broadly consistent across industry sectors. How these skills are applied varies between occupations and qualifications due to the different work functions and contexts.
Employability skills embedded in this unit should be assessed holistically in the context of the job role and with other relevant units that make up the skill set or qualification.
Evidence of the following is essential:
consistently manages and monitors staff implementation of inventory procedures and documentation for the receipt, dispatch and secure storage of goods
utilises relevant business systems to accurately monitor inventory levels, storage, movement and reorder cycles on a regular basis
competently organises and coordinates stock movement to ensure that inventory is available to meet business needs
completes relevant business documentation accurately, in a timely manner and in agreed format as required
competently organises and coordinates stocktakes and cyclical counts to monitor and review inventory levels, identify discrepancies and develop solutions to stock loss
Context of and specific resources for assessment
Assessment must ensure access to:
a wholesale work environment
relevant documentation, such as:
business policy and procedures manuals
OHS legislation and codes of practice
an inventory control system
relevant business technology
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.
Holistic assessment with other units relevant to the industry sector, workplace and job role is recommended.
Assessing employability skills
Employability skills are integral to effective performance in the workplace and are broadly consistent across industry sectors. How these skills are applied varies between occupations and qualifications due to the different work functions and contexts.
Employability skills embedded in this unit should be assessed holistically in the context of the job role and with other relevant units that make up the skill set or qualification.
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| N0752 | WRWI301A | Monitor inventory capacity to meet demand | Unit of competency |
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| WD941 | SIRWINV302 | Monitor inventory capacity to meet demand | Unit of competency |
| State Code | National Code | Title | Type |
|---|---|---|---|
| S576 | SIR30307 | Certificate III in Wholesale | Qualification |