SECTION 5: ORGANISE AND ADMINISTER STOCKTAKES

Q1: What is a full stocktake?

Q2: What is a cyclical stocktake?

Q3: What is a spot-check?

Q4: How do you decide at what intervals to organise your stocktake?

Q5: A new team member is participating in the stocktake. List five questions you should be prepared to

answer about your organisation's stocktake procedures.

Q6: Identify five factors that you need to consider when rostering staff for stocktake duties.

Q7: What two systems help you produce accurate reports within a given timeframe?

Q8: State the procedures involved in a computerised stocktake.

explain how you would use the documentation to help you create accurate

stocktake reports.

Q9: Stock or count sheets

Q10: Count tickets

Q11: Stock-taken stickers

Q12: Shrinkage sheets

Q13: Physical inventory form