SAQA

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SOUTH AFRICAN QUALIFICATIONS AUTHORITY

REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE:

Demonstrate knowledge and understanding of production efficiency in note processing

SAQA US ID	UNIT STANDARD TITLE
13429	Demonstrate knowledge and understanding of production efficiency in note processing
ORIGINATOR
SGB Banking and Micro Finance
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
BANKSETA - Banking Sector Education and Training Authority
FIELD			SUBFIELD
Field 03 - Business, Commerce and Management Studies			Finance, Economics and Accounting
ABET BAND	UNIT STANDARD TYPE	PRE-2009 NQF LEVEL	NQF LEVEL	CREDITS
Undefined	Regular	Level 4	NQF Level 04	10
REGISTRATION STATUS		REGISTRATION START DATE	REGISTRATION END DATE	SAQA DECISION NUMBER
Passed the End Date - Status was "Reregistered"		2018-07-01	2023-06-30	SAQA 06120/18
LAST DATE FOR ENROLMENT		LAST DATE FOR ACHIEVEMENT
2026-06-30		2029-06-30

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 standard is intended for all learners in note-processing department.

Persons credited with this unit standard will be able to explain note-processing as a function of the reserve bank, explain production efficiency measures, measure daily production efficiency, and compare production efficiency over time.

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING

There is open access to this unit standard, although basic numerical literacy at a level 3 would be useful.

UNIT STANDARD RANGE

N/A

Specific Outcomes and Assessment Criteria:

SPECIFIC OUTCOME 1

Explain note-processing as a function of the reserve bank

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. The Reserve Bank's role and functions in the supply and management of local currency is explained according to the bank's policy and practice and the relevant legislation.

ASSESSMENT CRITERION 2

2. The purpose and role of note processing department in the supply and management of local currency is understood and explained according to the Reserve Bank's role and functions.

ASSESSMENT CRITERION 3

3. The manner in which daily production targets are determined is explained according to the Reserve Banks policy and practice.

ASSESSMENT CRITERION 4

4. The impact of not meeting the production requirements on the supply and management of local currency to banks is explained according to the Reserve Bank's policy and practice.

SPECIFIC OUTCOME 2

Explain production efficiency measures

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. The daily processing targets for note-processing department are identified and explained according to the production requirements for the day.

ASSESSMENT CRITERION 2

2. The efficiency measures associated with machine performance are explained according to their impact on daily production.

ASSESSMENT CRITERION RANGE

Input, output, throughput, downtime. Evidence of competence across the full range is required.

ASSESSMENT CRITERION 3

3. The efficiency measures associated with shift performance are explained according to their impact on daily production.

ASSESSMENT CRITERION RANGE

Machines in operation, speed of machines, staff on shift, length of shift. Evidence of competence across the full range is required.

ASSESSMENT CRITERION 4

4. The concept of the quality of output is explained according to the denomination processed and the impact on daily production.

ASSESSMENT CRITERION 5

5. The concept of quantity of output is explained according to the denomination processed and the impact on daily production.

ASSESSMENT CRITERION 6

6. The concept of the percentage of fit and unfit notes processed is explained according to the impact on production performance.

SPECIFIC OUTCOME 3

Measure daily production efficiency

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. Machine performance is established according to efficiency measures and daily production targets.

ASSESSMENT CRITERION 2

2. Shift performance is established according to efficiency measures and daily production targets.

ASSESSMENT CRITERION 3

3. Down time is calculated and the impact of downtime on the daily production established according to progress made towards daily production targets.

ASSESSMENT CRITERION 4

4. Daily production statistics are recorded according to the administrative requirements of the note-processing department.

ASSESSMENT CRITERION 5

5. Daily production reports are run according to the administrative requirements of the note-processing department.

SPECIFIC OUTCOME 4

Compare production efficiency over time

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. Machine performance over time is compared according to efficiency measures and daily production statistics.

ASSESSMENT CRITERION RANGE

Weekly, monthly, quarterly. Evidence of competence across the full range is required.

ASSESSMENT CRITERION 2

2. Operator performance over time is compared according to efficiency measures and daily production statistics.

ASSESSMENT CRITERION RANGE

Weekly, monthly, quarterly. Evidence of competence across the full range is required.

ASSESSMENT CRITERION 3

3. Shift performance over time is compared according to efficiency measures and daily production statistics.

ASSESSMENT CRITERION RANGE

Weekly, monthly, quarterly. Evidence of competence across the full range is required.

ASSESSMENT CRITERION 4

4. The impact of machine availability and downtime is compared over time according to efficiency measures and daily production targets.

ASSESSMENT CRITERION 5

5. The department's production efficiency over time is compared according to the achievement of production targets.

ASSESSMENT CRITERION 6

6. Factors affecting performance over time are identified and explained according to departmental performance and statistics.

UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS

1 Anyone assessing a learner against this unit standard must be registered as an assessor with the relevant ETQA.
2 Any institution offering learning that will enable achievement of this unit standard or assessing this unit standard must be accredited as a provider with the relevant ETQA.
3 Moderation of assessment will be overseen by the relevant ETQA according to the moderation guidelines in the relevant qualification and the agreed ETQA procedures.

Therefore, anyone wishing to be assessed against this unit standard may apply to be assessed by any assessment agency, assessor or provider institution that is accredited by the relevant ETQA.

UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE

This unit standard requires knowledge sufficient to understand use and interpret the production measures and performance statistics in the note-processing environment. The criteria against which this knowledge is evaluated are expressed in the standard.

UNIT STANDARD DEVELOPMENTAL OUTCOME

N/A

UNIT STANDARD LINKAGES

N/A

Critical Cross-field Outcomes (CCFO):

UNIT STANDARD CCFO COLLECTING

In this standard the learner demonstrates the ability to collect, organise and critically evaluate information when daily production is measured and production efficiency is compared over time.

UNIT STANDARD CCFO DEMONSTRATING

In this standard the learner demonstrates the ability to demonstrate an understanding of the world as a set of related systems when explaining note-processing as a function of the reserve bank.

UNIT STANDARD CCFO CONTRIBUTING

In this standard the learner demonstrates the ability to understand the relationship between note- processing role and the responsibility to the commercial banks is understood when the impact of not meeting the production requirements on the supply and management of local currency to banks is explained according to the Reserve Bank`s policy and practice.

UNIT STANDARD ASSESSOR CRITERIA

N/A

REREGISTRATION HISTORY

As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015.

UNIT STANDARD NOTES

Additional information:

Legal requirements:

All procedures must meet recognised codes of practice as well as obligations required by current legislation within South Africa and within the normal parameters of the defined job/task.

QUALIFICATIONS UTILISING THIS UNIT STANDARD:

	ID	QUALIFICATION TITLE	PRE-2009 NQF LEVEL	NQF LEVEL	STATUS	END DATE	PRIMARY OR DELEGATED QA FUNCTIONARY
Elective	20185	Further Education and Training Certificate: Banking	Level 4	NQF Level 04	Passed the End Date - Status was "Reregistered"	2023-06-30	BANKSETA

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.

1.	AAR Trading and Projects (Pty) Ltd
2.	Advanced Assessments and Training (Pty) Ltd
3.	Africa Glory Empowerment Services
4.	Assured Vocational Skills Institute (Pty) Ltd
5.	Brainwave Project 707 Pty Ltd
6.	Brainwave Projects 707
7.	Compuscan Academy
8.	DC Academy
9.	Delmas Development Centre
10.	Fachs Business Consulting and Training
11.	Gigimo Tourism Academy
12.	MAT 007 (PTY) LTD
13.	Matibidi Raphela Investments (Pty) LTD
14.	Octomate Education Pty Ltd
15.	Octopus Training Solutions
16.	Production Management Institute of Southern Africa (Pty) Ltd
17.	RIAPHATHUTSHEDZA
18.	SIGNA ACADEMY (PTY) LTD
19.	Sinovuyolethu Trading (Pty) Ltd
20.	THE SHERQ CENTRE OF EXCELLENCE PTY LTD