NZQA Expiring unit standard
418 version 3
Page 1 of 3
Title
Monitor stock in a distribution facility
Level
3
Credits
4
Purpose
People credited with this unit standard are able to: monitor
stock; and maintain stock security in a distribution facility.
Classification
Retail, Distribution, and Sales > Distribution
Available grade
Achieved
Explanatory notes
1
Definitions
Distribution facility refers to a workplace where the primary focus is on storage and
distribution of stock.
Organisational procedures refer to instructions to staff on policy and procedures
which are formally documented, or generally accepted within the workplace.
2
Evidence is required for monitoring of four stock situations.
Outcomes and evidence requirements
Outcome 1
Monitor stock.
This unit standard is
The purpose for holding of stock is identified.
expiring
Evidence requirements
1.1
Range
1.2
Special requirements of stock are identified and adjustments made in
accordance with stock needs and organisational procedures.
Range
1.3
may include but is not limited to – stock processing, quarantine,
cataloguing, storage, supply, stocktaking.
may include but are not limited to – environment, storage,
handling, accessibility.
Special requirements of stock area are identified and adjustments made in
accordance with organisational procedures.
Range
ServiceIQ
SSB Code 9068
may include but are not limited to – effective use of space,
resources, time.
 New Zealand Qualifications Authority 2016
NZQA Expiring unit standard
1.4
Stock numbers are counted and recorded accurately in accordance with
organisational procedures.
may include but are not limited to – periodic, perpetual, spotcheck.
Range
1.5
418 version 3
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Stock location discrepancies are identified, and are reported according to
organisational procedures.
may include but are not limited to – location, stock outs, shortages,
errors in cataloguing, labelling and identification.
Range
Outcome 2
Maintain stock security.
Evidence requirements
2.1
Potential security risks are identified.
may include but is not limited to – theft, damage, wastage, fraud,
accident, clerical procedures.
Range
2.2
Risk management procedures are identified relevant for stock lines.
2.3
Risk management procedures are applied in accordance with organisational
procedures.
Replacement information
This unit standard, unit standard 406, unit standard
11958, unit standard 11984, and unit standard 22014
have been replaced by unit standard 28500.
This unit standard is
expiring
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
17 June 1993
31 December 2016
Review
2
29 July 2002
31 December 2016
Review
3
16 April 2015
31 December 2017
Consent and Moderation Requirements (CMR) reference
0225
This CMR can be accessed at http://www.nzqa.govt.nz/framework/search/index.do.
ServiceIQ
SSB Code 9068
 New Zealand Qualifications Authority 2016
NZQA Expiring unit standard
418 version 3
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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.
This unit standard is
expiring
ServiceIQ
SSB Code 9068
 New Zealand Qualifications Authority 2016