List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.
ELEMENTS | PERFORMANCE CRITERIA |
Elements describe the essential outcomes. | Performance criteria describe the performance needed to demonstrate achievement of the element. |
1. Plan buying trip. | 1.1. Access and review a merchandise strategy to determine buying trip objectives. 1.2. Obtain buying trip briefs and budgets. 1.3. Consult with cross-functional teams and seek the input of relevant personnel into buying trip planning. 1.4. Undertake pre-trip research to identify key buying trip activities and destinations that reflect buying trip objectives. 1.5. Research local culture, customs and market related to merchandise purchasing and supply, as required. 1.6. Determine supplier and product information and samples to be sourced during the buying trip. 1.7. Develop a buying trip itinerary and schedule, and seek required approval. 1.8. Make required bookings and arrange buying trip resources. |
2. Undertake buying trip. | 2.1. Assess products and suppliers that reflect merchandise strategy and buying trip objectives. 2.2. Determine feasibility and suitability of products and suppliers based on merchandise strategy and budgets. 2.3. Identify opportunities for new products and suppliers that meet organisational objectives and customer demands. 2.4. Obtain product and supplier information and acquire any required samples. |
3. Report on buying trip. | 3.1. Document outcomes of the buying trip according to organisational requirements. 3.2. Share trip insights and samples with relevant personnel and gain their feedback. 3.3. Make recommendations and determine actions to be taken following the buying trip. 3.4. Evaluate financial and productivity effectiveness of the buying trip. |
Evidence of the ability to complete tasks outlined in elements and performance criteria of this unit in the context of the job role, and:
review a merchandise strategy to identify merchandise needs and document one buying trip plan detailing:
buying trip objectives
key activities and destinations
buying trip budget
buying trip itinerary and schedule
key trip resources and booking requirements
undertake buying trip activities and prepare a buying trip report that details:
product and supplier insights
product and supplier feasibility
product alignment to organisational and customer needs
recommendations for merchandise buying
reflection on cost-effectiveness and productivity of trip.
Demonstrated knowledge required to complete the tasks outlined in the elements and performance criteria of this unit:
common objectives of merchandise buying trips:
find new suppliers
diversify range
find new products
gain trend insights
sample collection
analyse competitors
place orders
negotiate pricing
evaluate supplier performance
considerations to be made when planning and undertaking buying trips:
transportation and accommodation
local customs and holidays
language and communication
trip budgets
product budgets
travel bookings
appointment scheduling
logistics to transport goods
exchange rates
time efficiencies
critical path
legal and compliance requirements
common buying trip destinations:
supplier factory visits
trade fairs
retail destinations
techniques to determine suitability and feasibility of products and suppliers
formats for preparing buying trip reports.
Skills must be demonstrated in a retail environment. This can be:
an industry workplace
a simulated industry environment.
Assessment must ensure access to:
relevant documentation:
organisational merchandising strategy
buying trip budgets
sources of information relevant to the planning of buying trips.
Assessors must satisfy the Standards for Registered Training Organisations' requirements for assessors, and:
have worked in the retail industry for at least three years where they have applied the skills and knowledge within this unit of competency.