The document provides guidance on proper stock control procedures for retailers. It discusses the importance of accurate inventory counts and effective stock management. Key aspects covered include planning inventory levels, receiving and verifying deliveries, sorting and counting stock, using location tickets and barcode scanners, and ensuring accurate record keeping. Personnel must be trained and follow defined processes to complete an organized and accurate stocktake.
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