Business

SIRXINV005A - Control Inventory

SIRT007A

Overview

Level of study: What does Vocational Education, Training mean?

Vocational Education, Training

EFTSL: What does EFTSL mean?

0.0625

Delivery Method: What does delivery method mean?

Fully Online

Availability: What is a Study period?

2012:

Duration:

13 weeks

Government loans available:

None

Domestic student fee:

$400.00 (AUD)

International student fee:

$625.00 (AUD)

Description

This unit describes the performance outcomes, skills and knowledge required to control inventory in a retail environment. It involves managing receipt, dispatch and storage of merchandise, and managing stock control.

Prerequisites

Mandatory prerequisites

You must have successfully completed the following unit(s) before starting this unit:

  • SIRT009A — SIRXCOM001A - Communicate in the Workplace
  • SIRT010A — SIRXIND001A - Work Effectively in a Retail Environment
  • SIRT011A — SIRXSLS004A - Build Relationships with Customers

If you have completed equivalent study at another university, please contact a Student Advisor for advice.

Special Requirements

  • Broadband access

Assessment

  • Assignment (40%)
  • Case Study (20%)
  • Project (40%)

Learning Outcomes

At the completion of this unit students will be able to:

  1. manage receipt, dispatch and storage of merchandise
  2. manage stock control.

Topics

This unit addresses the following topics.

NumberTopic
1Receive, dispatch and store merchandise according to store policy and procedures.
2Determine cost-effective and efficient methods for goods movement according to store policy
3Implement maintenance procedures for storage areas and equipment according to store policy
4Implement store policy and procedures in regard to stock control and inventories
5Establish and implement store procedures to monitor and control stock levels
6Maintain budgeted stock levels
7Establish and implement stocktaking procedures
8Establish and implement contingency plans in regard to stock delivery times
9Document and prepare accurate reports on stock inventories

Study Resources

This unit is delivered using the following methods and materials:

Instructional Methods

  • Blogs
  • Chat rooms
  • Discussion Forum/Discussion Board
  • Embedded Multimedia
  • Glossary
  • Interactive Games
  • Online Quizzes/Tests
  • Online assignment submission
  • Web links
  • Wikis

Textbook information for this unit is currently being updated and will be available soon. Please check back regularly for updates. Alternatively, visit the Unibooks website and enter the unit details to search for available textbooks.