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The Register of Regulated Qualifications

View Unit : Keep stock on sale at required levels in a retail environment

Unit
Unit Reference Number
K/500/5700
Qualification Framework
QCF
Title
Keep stock on sale at required levels in a retail environment
Unit Level
Level 2
Unit Sub Level
None
Guided Learning Hours
20
Unit Credit Value
3
Date of Withdrawal
31-Dec-2013
SSAs
7.1 Retailing and Wholesaling
Unit Grading Structure
Pass
Assessment Guidance

This unit requires workplace assessment of occupational competence.

Learning Outcomes and Assessment Criteria
Learning Outcome - The learner will:Assessment Criterion - The learner can:
1

Know how to check the level of stock on sale in a retail environment

1.1

show that they know why the store needs to carry the right levels of stock

1.2

show that they know why the quality of stock needs checking regularly

1.3

show that they know the maximum and minimum levels of stock that need to be on display

1.4

show that they know the factors that can affect demand for stock, and how to work out how often to check stock levels

1.5

show that they know how to plan and organise their time so that they check stock at suitable intervals

1.6

show that they know how to use the stock control system to identify current stock levels, the stock levels needed and any shortfalls in stock

1.7

show that they know how to identify unsaleable stock

1.8

show that they know how to deal with unsaleable stock

1.9

show that they know how to update the stock control system to reflect changes in stock levels

2

Know how to replenish stock on sale in a retail environment

2.1

show that they know how to use the stock control system to identify the types and quantities of stock to order

2.2

show that they know how to prepare and send orders for stock, and why they should do so accurately and at the right times

2.3

show that they know how to prepare different types of stock for sale

2.4

show that they know company procedures for getting rid of packaging waste

2.5

show that they know how to decide when to move stock to the sales floor and the arrangements to make for moving stock

2.6

show that they know why stock needs rotating

2.7

show that they know how to rotate stock correctly and without disturbing other people any more than needed

2.8

show that they know why they should regularly check demand for stock

2.9

show that they know and understand the factors that can affect demand

2.10

show that they know who to approach with suggestions for changes to the levels of stock carried

2.11

show that they know how to present a clearly reasoned case for changing the levels of stock carried

3

Check the level of stock on sale in a retail environment

3.1

use the stock control system to identify current stock levels, the stock levels needed and any shortfalls in stock

3.2

work out how often to check stock so that there will be enough time to replace stocks before they run out

3.3

check stock levels at suitable intervals

3.4

tell the right person promptly when stock needs replacing

3.5

notice when stock is no longer saleable, promptly remove it from sale and update the stock control system

4

Replenish stock on sale in a retail environment

4.1

order enough stock to maintain the correct levels

4.2

prepare stock for sale within the time allowed

4.3

arrange for stock to be moved to the sales floor when it is needed

4.4

rotate stock correctly and with the least possible disturbance to other people

4.5

follow company procedures for getting rid of packaging waste

4.6

update the stock control system promptly, accurately and completely

4.7

notice changes in demand for stock and decide what stock levels are suitable

4.8

suggest realistic changes to the right person and give reasons for their recommendations

Equivalent Units
There are no equivalences to display.
2.1.3.0L