DIST303 – Inventory Control
Module code
DIST303
Module title
Inventory Control
Prescription
In this module students will identify and apply distribution operations, outline stock management systems used in a distribution facility, and identify and manage risks associated with stock management.
Programmes
- TC1902
NZQA Level
Level 3
NZQA Credits
20
Delivery method
- Web-Enhanced
Learning hours
- Total learning hours
- 200
Resources required
- Teaching and Learning Strategy
- As per Ako: Teaching and Learning Directions – Project-based learning, Blended Learning
- Learning Outcomes
- 1. Outline stock management systems used in a distribution facility and how these contribute to processing of inwards goods, picking and dispatch of customer orders.
2. Identify and apply effective stock management practices.
3. Identify and manage risks associated with stock management. - Content
- Stock management systems:
•Advantages and disadvantages
•Applications of stock management systems
Stock management:
• systems
• procedures
• storage costs
• documentation
• counting/recording
• data control
• quality standards
• handling and storage
Risks for stock management:
• risk identification
• loss prevention techniques - Assessment Criteria
- This module is assessed using achievement-based assessment. Students must attempt all achievement-based assessment tasks, gain a minimum mark of 80% for the practical assessment, and an overall mark of 50% in order to pass and receive credit for this module.
- Learning and Teaching Resource
- A reading and resources list will be supplied by the tutor at the commencement of the module. This will be updated annually. Resources will include:
? Wintec workbooks
? Mechanical handling equipment e.g. forklift, pallet truck, reach truck, general freight vehicle
? Safety equipment