Application
This unit of competency defines the skills and knowledge required to organise and lead periodical stocktakes, including planning a stocktake, briefing team members, generating stocktake reports and adjusting inventory documentation.
No licensing, legislative or certification requirements apply to this unit at the time of publication.
What You'll Learn
1. Determine job requirements
- 1.1 Follow standard operating procedures (SOPs)
- 1.2 Comply with work health and safety (WHS) requirements at all times
- 1.3 Identify stocktake requirements from enterprise stocktaking policies, practices and procedures
2. Plan stocktake and brief participants
- 2.1 Prepare and distribute inventory lists
- 2.2 Allocate warehouse and/or production areas to each individual or team assisting in stocktake
- 2.3 Provide clear directions and appropriate documentation and equipment to each individual or team participating in stocktake
3. Generate stocktake reports
- 3.1 Collect written or computer reports from individuals or teams on stock counts
- 3.2 Confirm inventory data to match stock levels
- 3.3 Prepare and distribute stock discrepancy report according to SOPs
4. Adjust inventory documentation
- 4.1 Reconcile inventory documentation to match physical stock in accordance with SOPs
- 4.2 Reconcile stocktake information with audit requirements
Assessment Requirements
Performance Evidence
Evidence required to demonstrate competence in this unit must be relevant to and satisfy the requirements of the elements and performance criteria on at least two (2) occasions and include:
following work instructions, standard operating procedures (SOPs) and safe work practices
preparing inventory lists and instructions on procedures to be followed
providing directions to personnel undertaking stocktaking and equipment to carry out the stocktake
undertaking numerical operations and calculations associated with organising and leading stocktakes
analysing and reporting results of stocktakes by manual and electronic means
reconciling inventory documentation in accordance with SOPs.
Knowledge Evidence
Evidence required to demonstrate the required knowledge for this unit must be relevant to and satisfy the requirements of the elements and performance criteria and include knowledge of:
safe work practices
relevant inventory systems and procedures
recording systems and procedures
analysis and reporting methods/procedures
audit processes.
Assessment Conditions
Assessors must:
have vocational competency in organising and leading stocktakes at least to the level being assessed with relevant industry knowledge and experience
satisfy the assessor requirements in the Standards for Registered Training Organisations 2015 or its replacement and comply with the National Vocational Education and Training Regulator Act 2011, its replacement or equivalent legislation covering VET regulation in a non-referring state/territory as the case requires
Where possible assessment must occur in operational workplace situations. Where this is not possible or where personal safety or environmental damage are limiting factors, assessment must occur in a sufficiently rigorous simulated environment that reflects realistic operational workplace conditions. This must cover all aspects of workplace performance, including environment, task skills, task management skills, contingency management skills and job role environment skills
Conditions for assessment must include access to all tools, equipment, materials and documentation required, including relevant workplace procedures, product and manufacturing specifications
Assessment processes and techniques must be appropriate to the language, literacy and numeracy requirements of the work being performed and the needs of the candidate.
Foundation Skills
- text: This section describes those required skills (reading, writing, oral communication and numeracy) that are essential to workplace performance in this unit of competency. Foundation skills essential to performance are explicit in the performance criteria of this unit of competency.
Prerequisite Units
Parent Qualifications
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Request Early AccessLast updated from training.gov.au: 25 February 2026