NZQA Expiring unit standard
387 version 6
Page 1 of 4
Title
Demonstrate knowledge of stock ordering, and maintain stock for an
automotive business
Level
3
Credits
6
Purpose
This unit standard is for people in the automotive parts and
accessories merchandising industry. People credited with this
unit standard are able to: demonstrate knowledge of inventory
control procedures; demonstrate knowledge of stock ordering;
receive parts and place them into storage; price the inwards
goods; and demonstrate knowledge of stocktaking duties.
Classification
Motor Industry > Automotive Administration
Available grade
Achieved
Explanatory notes
1
The following legislation and their amendments are relevant to this unit standard and
must be consulted where applicable:
Carriage of Goods Act, 1979;
Consumer Guarantees Act, 1993;
Resource Management Act, 1991.
2
Reference to company procedures and company policy means that the standard
must comply with any policies, procedures, and requirements of the company
involved, and the ethical codes of relevant professional management.
Outcomes and evidence requirements
Outcome 1
Demonstrate knowledge of inventory control procedures.
Evidence requirements
1.1
Methods used to determine stock levels are defined.
Range
1.2
computerised inventory, stock count, manual inventory records.
The function of inventory records and methods of locating stock is described.
Range
stock numbering systems, location codes, stock layout.
NZ Motor Industry Training Organisation
(Incorporated)
SSB Code 101542
 New Zealand Qualifications Authority 2016
NZQA Expiring unit standard
387 version 6
Page 2 of 4
Outcome 2
Demonstrate knowledge of stock ordering.
Evidence requirements
2.1
Information required to ensure accurate ordering of stock is identified.
Range
2.2
Parts sourced from a supplier are identified as best suiting the needs of the
company and the customer.
Range
2.3
sales history, seasonal selling trends, stock level, stock type,
quantity required, source of supply.
lead time, price, quality, minimum order quantity, freight costs.
Reason for a purchase authority is described.
Range
verification of costs, audit trail.
Outcome 3
Receive parts and place them into storage.
Evidence requirements
3.1
The parts delivered correspond to those detailed on the packing slip and the
purchase order, and disparities are reported to the supervisor.
3.2
The condition of the goods supplied is checked before signing any carrier's
documentation, and any damage reported to the carrier and the supervisor.
3.3
The parts are placed into the designated storage location.
3.4
The stock records are adjusted to reflect the new stock level.
Range
3.5
computer records, manual records.
Unwanted packaging is disposed of in accordance with company policy and the
Resource Management Act.
Outcome 4
Price the inwards goods.
Evidence requirements
4.1
The current price list is obtained from the employer or supplier.
NZ Motor Industry Training Organisation
(Incorporated)
SSB Code 101542
 New Zealand Qualifications Authority 2016
NZQA Expiring unit standard
387 version 6
Page 3 of 4
4.2
The company pricing structure is verified with the employer.
4.3
Range
retail, trade.
The price of goods are checked against the current price list, entered and updated on the company's record system according to company requirements.
Range
computer records, manual records.
Outcome 5
Demonstrate knowledge of stocktaking duties.
Evidence requirements
5.1
The purpose of stocktaking is defined.
Range
5.2
financial, supply and demand, stockturn efficiency, security, legal.
Methods of stocktaking are described.
Range
continuous cycle, annual, random.
5.3
Procedures to check records and stock for agreement are described.
5.4
Documentation procedures in case of a stock variance are identified according
to company policy.
Replacement information
This unit standard has been replaced by unit standard
22785, and unit standard 22786.
This unit standard is expiring. Assessment against the standard must take place by
the last date for assessment set out below.
Status information and last date for assessment for superseded versions
Process
Version Date
Last Date for Assessment
Registration
1
1 October 1993
31 December 2016
Review
2
4 October 1996
31 December 2016
Review
3
30 August 1999
31 December 2016
Review
4
21 September 2007
31 December 2020
Rollover
5
19 November 2010
31 December 2020
Rollover
6
22 August 2014
31 December 2020
NZ Motor Industry Training Organisation
(Incorporated)
SSB Code 101542
 New Zealand Qualifications Authority 2016
NZQA Expiring unit standard
387 version 6
Page 4 of 4
Consent and Moderation Requirements (CMR) reference
0014
This CMR can be accessed at http://www.nzqa.govt.nz/framework/search/index.do.
Please note
Providers must be granted consent to assess against standards (accredited) by NZQA,
before they can report credits from assessment against unit standards or deliver courses
of study leading to that assessment.
Industry Training Organisations must be granted consent to assess against standards by
NZQA before they can register credits from assessment against unit standards.
Providers and Industry Training Organisations, which have been granted consent and
which are assessing against unit standards must engage with the moderation system that
applies to those standards.
Requirements for consent to assess and an outline of the moderation system that applies
to this standard are outlined in the Consent and Moderation Requirements (CMR). The
CMR also includes useful information about special requirements for organisations wishing
to develop education and training programmes, such as minimum qualifications for tutors
and assessors, and special resource requirements.
NZ Motor Industry Training Organisation
(Incorporated)
SSB Code 101542
 New Zealand Qualifications Authority 2016