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Perform  Stock Control Procedures Retail Certificate II SIR07
Objectives of effective stock control ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
PURPOSE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Inventory control plays a critical role in the success of any retailer.  If you don’t have the stock, you can’t make sales and you go broke. Stock procedures vary a lot between large and small retailers and according to stock type sold. Food retailers also have the added responsibility of controlling items with very short life spans.
PLAN PLAN PLAN CONTROL CONTROL CONTROL Control Unit Inventory Systems Inventory Systems Merchandise Management = + Dollar The merchandise management process Dollar Planning Unit Merchandise  Budgets Merchandise  Lists
Planning ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Stock Monitoring activities Check all stock handling and movement within store Check reserve stock pricing Check handling of invoices Check all  shortage claims  Check stock  and handling for transfers out Check pricing and  quantities of goods  removed  from large boxes Check handling and storage of damaged goods Check proper use of tags, labels, tickets Check prices on merchandise Spot-check quantities received into store/ department Check for price changes
Receiving Bay ,[object Object],[object Object],[object Object],[object Object],[object Object],http://www.materialshandling.com.au
Verification and delivery   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Stock movement ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Various types of storeroom storage
Check Stock ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Terms to know ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Terms to know continued ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Shrinkage ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Preparation ,[object Object],[object Object],[object Object],[object Object],[object Object],Efficient preparation ensures time spent on stock-take day is spent recording merchandise quantities, not chasing up stock records.
[object Object],[object Object],[object Object],[object Object],Stock Systems
Sorting stock ,[object Object],[object Object],[object Object],[object Object],[object Object],Stock will be required to be sorted and counted prior to recording quantities.
Location tickets ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Location tickets are used to ensure the entire store’s merchandise is counted.  They direct you to your specific counting/recording areas.  They often contain a barcode or a 4 digit number or an alpha/numerical combination. Eg. Aisle 1 shelf 1, shelf 2, shelf 3 etc.
Sequence to use is ,[object Object],[object Object],[object Object]
Facings ,[object Object],[object Object],[object Object],[object Object],[object Object]
Organise it   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Personnel Required ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
DO NOT ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Be aware that ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Specific procedures laid down by your own store may differ from these.   The above is a guideline and is to be treated as such.
PRODUCT STOCKTAKE SHEET DATE: RECORDER: COUNTER: ITEM SIZE/COLOUR PRICE COUNT QUANTITY Checker quantity Day shirt 16 $35.00 1111 4
PLU Codes Uniform Shop as at 30/08/2005 Boys Girls Non Gender Item Size Code   Item  Size Code   Item Size Code  Junior Shirt 85 12 Junior Blouse 8 31 Day Shorts 62 1 Junior Shirt 90 13 Junior Blouse 10 32 Day Shorts 67 2 Junior Shirt 95 14 Junior Blouse 12 33 Day Shorts 72 3 Junior Shirt 100 15 Junior Blouse 14 34 Day Shorts 77 4 Junior Shirt 105 16 Junior Blouse 16 35 Day Shorts 82 5 Junior Shirt 110 17 Junior Blouse 18 36 Day Shorts 87 6 Junior Shirt 115 18 Junior Blouse 20 37 Day Shorts 92 7 Junior Shirt 120 19 Junior Blouse 22 38 Day Shorts 97 8
Equipment Pre-printed barcodes Teklogix DOS devices Printer Portable Data Terminal Scanner Custom Labels
The End ,[object Object],[object Object],[object Object],[object Object]

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Stock

  • 1. Perform Stock Control Procedures Retail Certificate II SIR07
  • 2.
  • 3.
  • 4. PLAN PLAN PLAN CONTROL CONTROL CONTROL Control Unit Inventory Systems Inventory Systems Merchandise Management = + Dollar The merchandise management process Dollar Planning Unit Merchandise Budgets Merchandise Lists
  • 5.
  • 6. Stock Monitoring activities Check all stock handling and movement within store Check reserve stock pricing Check handling of invoices Check all shortage claims Check stock and handling for transfers out Check pricing and quantities of goods removed from large boxes Check handling and storage of damaged goods Check proper use of tags, labels, tickets Check prices on merchandise Spot-check quantities received into store/ department Check for price changes
  • 7.
  • 8.
  • 9.
  • 10. Various types of storeroom storage
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 22.
  • 23.
  • 24.
  • 25. PRODUCT STOCKTAKE SHEET DATE: RECORDER: COUNTER: ITEM SIZE/COLOUR PRICE COUNT QUANTITY Checker quantity Day shirt 16 $35.00 1111 4
  • 26. PLU Codes Uniform Shop as at 30/08/2005 Boys Girls Non Gender Item Size Code   Item Size Code   Item Size Code Junior Shirt 85 12 Junior Blouse 8 31 Day Shorts 62 1 Junior Shirt 90 13 Junior Blouse 10 32 Day Shorts 67 2 Junior Shirt 95 14 Junior Blouse 12 33 Day Shorts 72 3 Junior Shirt 100 15 Junior Blouse 14 34 Day Shorts 77 4 Junior Shirt 105 16 Junior Blouse 16 35 Day Shorts 82 5 Junior Shirt 110 17 Junior Blouse 18 36 Day Shorts 87 6 Junior Shirt 115 18 Junior Blouse 20 37 Day Shorts 92 7 Junior Shirt 120 19 Junior Blouse 22 38 Day Shorts 97 8
  • 27. Equipment Pre-printed barcodes Teklogix DOS devices Printer Portable Data Terminal Scanner Custom Labels
  • 28.