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. Research product development opportunities. | 1.1. Access and review organisational merchandise objectives and direction. 1.2. Research and analyse the current marketplace and market trends to generate ideas for product development that align with organisational merchandise objectives and direction. 1.3. Review competitor product offerings to identify opportunities and risks in relation to product development. 1.4. Seek input from internal and external stakeholders to identify opportunities for product development and inform product concept. 1.5. Review opportunities for product development and identify product development options. |
2. Develop product concept. | 2.1. Complete product development costings to determine commercial viability of product development options. 2.2. Consider supply and sourcing arrangements to determine feasibility of product development. 2.3. Undertake conceptual testing to determine market responsiveness. 2.4. Document product concept and present to relevant stakeholders and make any required adjustments. 2.5. Seek approval for final product concept. |
3. Plan product development. | 3.1. Determine product range options, quantity and grading. 3.2. Identify critical path and required resourcing for product development. 3.3. Identify internal and external compliance requirements and undertake product development planning to ensure adherence. 3.4. Identify potential product development and supply issues and plan contingency strategies. 3.5. Plan product packaging and labelling needs and ensure compliance with packaging and labelling requirements. 3.6. Document a detailed product design brief for supplier tendering purposes. 3.7. Source supplier samples and provide feedback. 3.8. Determine suitable supply arrangements that meet product design brief and compliance requirements. 3.9. Ensure ethical and environmental sustainability of supply arrangements. 3.10. Finalise product development brief and communicate to relevant personnel. |
4. Review product performance. | 4.1. Review product sales performance and market receptiveness to determine product performance. 4.2. Review product development costings against performance to determine commercial viability of product. 4.3. Make recommendations for the continuation, alteration or deletion of product. |
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 the merchandise objectives and direction of one organisation and conduct target market research to identify product development opportunities. Use findings to create a product development concept for one product, that details:
risks
opportunities
benefits
commercial viability
supply arrangements
for the above product develop a product development design brief that details:
range size and options
grading
product costing
product and technical specifications
quantity
quality requirements
bill of materials
compliance requirements:
internal
external
resources
critical path and timeframes
supply arrangements
packaging and labelling
storage requirements
review product performance data to determine viability of product and make recommendations for future improvements.
Demonstrated knowledge required to complete the tasks outlined in the elements and performance criteria of this unit:
key legal and ethical compliance requirements and considerations as related to product development:
certification
packaging and labelling
safety
Australian standards
sustainability
ethical sourcing and supply
key stages of product development:
concept development
screening
planning
testing
producing
reviewing
key considerations in product development:
range size and options
critical path
current marketplace and market trends
target market
competitor activity
internal sources of feedback
external sources of feedback
product feasibility
waste minimisation
quality requirements
supply arrangements
freight and logistics
product and technical specifications
bill of materials
minimum order quantity
costings:
cost of materials
yield
production efficiencies
through-puts
packaging and labelling
storage requirements
technology
techniques for:
determining market receptiveness
determining product commercial viability
determining supply feasibility
determining product performance
common issues faced in product development and contingency strategies
role of, and sources of internal and external feedback in product design and development.