Decision details

Stock Management Policy

Decision Maker: Cabinet

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No

Purpose:

A draft Stock Management Policy has been developed for consideration and approval by Cabinet

Decision:

Decision

 

That Cabinet:

 

Approve the Stock Management Policy

 

Reasons for the decision

 

It is essential that the Council has a Stock Control Policy to ensure that Council assets are protected thereby reducing the risk of theft.

 

It is also important that the Council is aware of its stock levels in the event of an insured peril where it would need to be evidenced as part of any claim

 

Other options considered

 

The alternative option was not to be approve a Stock Management Policy, but this has been discounted as there is a clear recommendation from Internal Audit supported by Section 151 officer to put in place a formal Stock Management Policy in place.

Report author: David Scott

Publication date: 22/07/2026

Date of decision: 21/07/2026

Decided at meeting: 21/07/2026 - Cabinet

Accompanying Documents: