Stock control is one important facet of managing cash flow and expenditure. The need to purchase, maintain and control stock items is common to all business owners, department managers and supervisors, regardless of the size of the establishment. In order to control costs and to minimise wastage, a business needs to develop an efficient and effective method of controlling stock. This course will assist you to purchase, receive, store and monitor stock.
Purchase Goods
Overview of module
Hospitality businesses purchase a wide range of supplies throughout the week, ranging from cleaning materials to wine and beer; fresh fruit, meat and seafood to linen, equipment and stationery supplies.
It is important that the purchases are of the required quality and at the correct price point. It is crucial to have systems in place that ensure appropriate controls.
Estimated time to complete this module is 80 minutes.
Components in this Module
1 - Determining Purchasing Requirements
- Determining Purchasing Requirements
- Determining Goods to Order
- Cruise Ship Logistics and Communication Example
- Stock Control
- Checkpoint 1
- Ensuring Quality of Supplies
- Ensuring Quality of Supplies pt2
- Ensuring Quality of Supplies pt3
- Forecasting Tools
- Moving Average
- Popularity Index
- Sales Forecasts
- Yield Tests
- Butchers Test
- Cooking Loss
- Yield Test Implications
- Ascertaining Price Limitations
- Developing Purchase Lists
- Purchasing Requirements
- Checkpoint 2
2 - Sourcing Suppliers
- Sourcing Suppliers
- Ordering from Preferred Suppliers
- Supplier Selection
- Comparing Quotes
- Choosing Suppliers
- Organisational Procedures for Supplies
- Discussing Specifications
- Checkpoint 3
- Supply Provisions and Price
3 - Assessing Quality of Goods
- Selection Criteria
- Supplier Considerations
- Quality Checks
- Checking the Delivery Docket
- Quality Considerations
- Purchasing Goods
- Documentation Associated with a Stock Control System
4 - Conclusion
- Conclusion
- Checkpoint 4
- Congratulations!
Pre-requisite?
No previous knowledge or experience is required.
How long?
The online courses are made up of a number of learning modules. Each module has an estimated time to complete them (click on the ‘i’ next to the module to get the time).
The time to complete a module can vary based on your existing knowledge of the material.
No need to finish the course in one session. You can log in and out as many times as you like, until the course end date. The course end date is shown when entering the training. The system remembers what you have completed and you can continue on from where you left off.
How does it work?
Once we receive confirmation of your payment (which could take up to 24 hours), you will receive an email with your login details. Go to the login page which will be emailed to you. Enter your details then click on the name of the course when you are ready to start.
How do I pay?
Pay with mastercard or visa through our secure PayPal internet payment facility. You can also select to ‘Generate an Invoice’ or ‘Make An Enquiry’ and we will get back to you with a group pricing as a quote or submission for you to respond to.
Who should do this course?
These courses are for anyone who wants to learn more or wants to extend their resume by becoming more knowledgable in their company.
How will I be assessed?
Each module is broken into sections with checkpoints, interactive challenges and quiz questions throughout. You are required to go through each section and answer every question correctly to be deemed competent. If you answer any questions incorrectly, you will be given feedback on which question you answered incorrectly. You can then correct your response and continue.
Will I receive a certificate?
These are non accredited corporate-based short courses and if successful you will receive a Certificate of Completion.
Steps to proceed with enrolling in a Course
Step 1 – Select a Course(s) by adding it to the Shopping Cart.
Step 2 – Pay for the course (using Paypal).
Step 3 – Once we have received the payment we will send you an email confirming your order.
Step 4 – This email will have instructions for connecting to the course, your login ID and password.
Step 5 – Complete the online course.
Step 6 – Once the course has been successfully completed, you will have access to your certificate.
If you have any problems or questions just call us on (02) 9635 0477 or email training@alliedrisk.com.au