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3.7 Choose Supplies and Suppliers for Your Business
| Title: | Choose Supplies and Suppliers for Your Business |
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| QCA code: | L/500/4586 |
| Level: | Three |
| Credit Value: | Two |
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Learning Outcomes The learner will: |
Assessment criteria The learner can: |
| 1.1 Assess current and future supply needs for utilities, equipment (including IT), tools and materials and check they are in line with your business aims, finances and profit forecasts 1.2 Draw up a schedule of what and when supplies will be needed, the resources required and match this to your business financial plans 1.3 Set clear targets and limits for buying your business supplies |
| 2.1 Investigate different suppliers, purchase options and methods and calculate the full costs of each 2.2 Undertake a cost-benefit analysis of the various suppliers and use this to decide the best options for your business 2.3 Review the decisions to check for any hidden costs or alternative methods of reducing costs and expenditure to make sure best value is achieved |
| 3.1 Devise a system which could be used to manage and control utilities, fixtures and fittings to make sure they are always working effectively 3.2 Set up a stock control system to record and review the supply of consumables and non-consumables to make sure that there is adequate supply and minimal wastage 3.3 Describe how to reduce waste and dispose of potential waste products using environmental friendly methods |
| Additional information about the unit | |
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Unit aim(s) |
To support the development of skills needed to plan and control to get best value in the management of business supplies when starting a business |
| Unit expiry date | 2008 |
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Details of the relationship between the unit and relevant national occupational standards (if appropriate) |
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Details of the relationship between the unit and other standards or curricula (if appropriate) |
Not applicable |
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Assessment requirements specified by a sector or regulatory body (if appropriate) |
Assessment to be based on naturally occurring evidence or realistic work environment |
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Endorsement of the unit by a sector or other appropriate body (if required) |
Supported by SFEDI |
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Location of the unit within the subject/sector classification system |
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Name of the organisation submitting the unit |
OCR |
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Availability for use |
To be used only by the following partners engaged in the SFEDI Framework project when developing Business Enterprise Qualifications CMI, Edexcel, IAB, ILM, NOCN, OCR, VTCT |
