SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: 

Processing stock 
SAQA US ID UNIT STANDARD TITLE
8261  Processing stock 
ORIGINATOR
SGB Retail and Wholesale 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 11 - Services Wholesale and Retail 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 4  NQF Level 04  12 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 		 2005-11-01  2008-11-01  SAQA 0160/05 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2009-11-01   2012-11-01  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This unit is a core standard in the qualification National Certificate in retail/wholesale sales and services at NQF 4. It is designed to create an efficient process for controlling stock in a world-class retail/wholesale outlet while ensuring individual skills recognition 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Computer literacy in terms of data capture and display. Numeracy at NQF Level 3. Basic retail/wholesale administration skills to NQF 2 Level 

UNIT STANDARD RANGE 
  • Source document information including quantities of stock received, order numbers, prices, locations, quality, delivery time, descriptions of merchandise, bar codes, sizes, packing, product, dates, invoice numbers, returns
  • Manual/electronic information outputs including goods received vouchers, invoices, stock inventories, stock returns,?

    Criteria against which stocks of merchandise are evaluated including damaged stock, out-of-season merchandise, expired ranges of merchandise, discontinued ranges of merchandise?

    Techniques for controlling stock-holdings of merchandise including stock counts, monitoring the rate of sales, counting high risk lines of merchandise, minimising damage to stock, controlling mark-ups and mark-downs, controlling stock holdings against budget 
    		•

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    The demonstrated ability to make decisions and consider options. 
    OUTCOME NOTES 
  • Checking a range of source document information and verifying quantity and quality of merchandise received into stock by retail/wholesale outlets?

    Grouping source documents and recording appropriate details using manual/electronic processes for capturing and generating a range of information outputs relating to stocks of merchandise in retail/wholesale outlets?

    Evaluating a range of criteria and determining stock replenishment requirements or stock returns to merchandise suppliers?

    Planning and allocating packing areas for categories of merchandise according to floor layout plans ?

    Monitoring quantity, quality and movement of stockholdings within the holistic requirements of merchandising strategy 
    		•

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    1. Checking a range of source document information and verifying quantity and quality of merchandise received into stock by retail/wholesale outlets. 

    ASSESSMENT CRITERION 2 
    2. Grouping source documents and recording appropriate details using manual/electronic processes for capturing and generating a range of information outputs relating to stocks of merchandise in retail/wholesale outlets. 

    ASSESSMENT CRITERION 3 
    3. Evaluating a range of criteria and determining stock replenishment requirements or stock returns to merchandise suppliers. 

    ASSESSMENT CRITERION 4 
    4. Planning and allocating packing areas for categories of merchandise according to floor layout plans. 

    ASSESSMENT CRITERION 5 
    5. Monitoring quantity, quality and movement of stockholdings within the holistic requirements of merchandising strategy. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
    This standard will be used by the Retail/Wholesale SETA (in its role as ETQA) to accredit providers. Moderation may be performed by the Transport ETQA (Logistics 

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
    The demonstrated understanding of:?

    Concepts related to flow of merchandise in retail/wholesale outlets?

    Current trends in manual/electronic stock management ?

    Manual/electronic data capturing techniques?

    Techniques for conducting stock audits ?

    Techniques for planning stockholding logistics 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
  • Understand the world as a set of related systems where accurate record-keeping and consistent monitoring of all the elements relating to stocks of merchandise lead to the success of the overall merchandise strategy. 
    		•

    UNIT STANDARD CCFO ORGANISING 
  • Organise oneself and one's activities so that all stock-holding activities are co-ordinated in accordance with the overall merchandise strategy. 
    		•

    UNIT STANDARD CCFO COLLECTING 
  • Collect, organise and critically examine information so that stocks of merchandise can be accurately monitored against the requirements of the holistic merchandising strategy. 
    		•

    UNIT STANDARD CCFO COMMUNICATING 
  • Communicate effectively with others during packing operations to ensure that merchandise is packed according to product categories to minimise risk and damage to stocks of merchandise. 
    		•

    UNIT STANDARD CCFO SCIENCE 
  • Use science and technology effectively when using electronic processes for capturing stock details so that information outputs accurately reflect the current status of merchandise received into stock. 
    		•

    UNIT STANDARD ASSESSOR CRITERIA 
    Assessment Criteria:

    This evidence needs to be judged by a registered retail/wholesale assessor:

    The ability to produce at least three of the following types of evidence:?

    Identify and give reasons why selected areas of packing space have been allocated to different categories of merchandise received into stock ?

    Describe various manual/electronic information outputs that can be generated from stock records ?

    Describe criteria for replenishing or returning stocks of merchandise?

    Demonstrate manual/electronic processes for recording details of merchandise received into stock by retail/wholesale outlets?

    Demonstrate one of the techniques for controlling stock-holdings of merchandise
  • Produce evidence of manual/electronic reports indicating stock control measures implemented over a given period 
    		•

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  48882   Further Education and Training Certificate: Auctioneering Practices  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered"     		 2011-02-16  Was SERVICES until Last Date for Achievement 
    Core  80546   Further Education and Training Certificate: Auctioneering Support Services  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  SERVICES 
    Core  48744   Further Education and Training Certificate: Beauty (Nail Technology)  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered"     		 2011-02-16  Was SERVICES until Last Date for Achievement 
    Core  13719   National Certificate: Retail and Wholesale, Sales and Service Technology  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered"     		 2006-12-03  W&RSETA 
    Core  22154   National Certificate: Wholesale and Retail Operations Management  Level 5  Level TBA: Pre-2009 was L5  Passed the End Date -
    Status was "Reregistered"     		 2008-11-01  Was W&RSETA until Last Date for Achievement 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    NONE 


    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.