Discuss the role of stocktaking in ensuring inventory accuracy

What is the purpose of this course?

This unit standard is required by people working in the manufacturing environment who need to know why stocktaking is performed, and to use the variety of stocktaking processes to check stock. They will also be able to perform stock reconciliation.

What will I learn?

Qualifying learners will be able to:

• Discuss the reasons why stocktaking is performed.

• Discuss periodic stocktaking.

• Discuss perpetual stocktaking.

• Explain the control group approach to stocktaking.

• Discuss stock reconciliation.

What is the pre-requisite for this course?

It is assumed that you are competent in:

• Communication at NQF Level 3. 

• Mathematical literacy at NQF Level 3. 

How long will it take me?

50 Notional hours

(5 Credits. Each credit = 10 hours)

What do I get?

A certificate of competence and your results will be uploaded on the NLRD (National Learner Database)

SAQA QUAL ID:  377362

NQF Level:  3

Credits: 5

SETA:  merSETA