TOROC301: Ordering and Controlling Stock

Topic outline

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  General

  • Overview

    Introduction

    This Module describes the performance outcomes, skills, and knowledge required to control and order stock. It requires the ability to process stock orders, maintain stock levels, minimize stock losses, manage stocktakes, and maintain all documents that relate to the administration of stock.
    

    
    

                                                                                                                         Source: Internet

    Learning Objectives

    By the end of this module, trainees will be able to: 

    • Maintain stock levels and records
    • Process stock orders
    • Minimize stock losses
    • Follow up on orders
    • Organize& administer stock takes

    
    

  • Announcements Forum
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  Learning Outcome 1: Maintain Stock Levels and Records

  • Introduction Page
  • Indicative Content 1.1: Use Stock Control Systems to Administer all Stock Control and Ordering Processes Fully and Efficiently Interactive Content
  • Indicative Content 1.2: Monitor and Maintain Stock Levels to Organization Requirements Interactive Content
  • Indicative Content 1.3: Monitor Stock Security and Adjust Systems as Required Interactive Content
  • Indicative Content 1.4: Monitor and Adjust Stock Reorder Cycles as Required Interactive Content
  • Indicative Content 1.5: Inform Colleagues of their Individual Responsibilities in Regard to the Reordering of Stock Interactive Content
  • Indicative Content 1.6: Maintain Records of Stock Storage and Movement According to Standard Procedures Interactive Content
  • Indicative Content 1.7: Monitor Stock Performance and Identify and Report Fast or Slow-selling Items According to Standard Procedures Interactive Content
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  Learning Outcome 2: Process Stock Orders

  • Introduction Page
  • Indicative Content 2.1: Process Orders for the Stock According to Standard Procedures Interactive Content
  • Indicative Content 2.2: Maintain and Record Stock Levels Ensuring Information is Complete, Correct, and Current Interactive Content
  • Indicative Content 2.3: Check Incoming Stock Records against Purchase and Supply Agreements and Record all Necessary Details Interactive Content
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  Learning Outcome 3: Minimize Stock Losses

  • Indicative Content 3.1: Identify and Record Stock Losses According to Standard Procedures Interactive Content
  • Indicative Content 3.2: Report Losses According to Standard Procedures Interactive Content
  • Indicative Content 3.3: Identify Avoidable Losses and Establish Reasons for Them Interactive Content
  • Indicative Content 3.4: Recommend Solutions to Lose Situations and Implement Related Procedures to Prevent Future Avoidable Losses Interactive Content
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  Learning Outcome 4: Follow-up Orders

  • Introduction Page
  • Indicative Content 4.1: Monitor the Delivery Process to Ensure Agreed Deadlines Are Met Interactive Content
  • Indicative Content 4.2: Liaise with Colleagues and Suppliers to Ensure Continuity of Supply Interactive Content
  • Indicative Content 4.3: Distribute Stock to Agreed Allocations Ensuring that it is Protected from Loss, Contamination, Spoilage, Temperature Abuse, and Pests and Is in Line with Relevant Occupational Health and Safety Procedures Interactive Content
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  Learning Outcome 5: Organize & Administer Stock Takes

  • Indicative Content 5.1: Organize Stock Takes at Appropriate Intervals According to Policies and Procedures Interactive Content
  • Indicative Content 5.2: Allocate Stock-taking Responsibilities to Staff Interactive Content
  • Indicative Content 5.3: Produce Accurate Stock-take Reports within Designated Timelines Interactive Content
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  Source

  • References Page