Retail Training
Diploma Retail Merchandise Management
Empower yourself with the Diploma of Retail Merchandise Management, designed to enhance your expertise in retail merchandise activities that drive profitability and growth within your organisation.
* Member discounts and groups rates apply. Please contact ARC Retail Institute to discuss your organisations training requirements.
About the course
This qualification prepares you for key roles such as:
- Retail Buyers: Strategically curate product ranges aligned with brand strategies to optimize commercial success.
- Merchandise Planners: Drive profitability through compelling customer offers and effective business trend analysis.
Gain a solid foundation in merchandise planning and buying facilitated by industry-leading professionals with strong educational and facilitation skills.
Mode of delivery:
- Face to face classroom based
- Online
The Public Course is offered as a rolling intake and you can join at any time.
Course outline
Core units
- SIRRMRM002 – Develop a Merchandise Strategy
- SIRRMRM003 – Conduct a Post Trade Analysis
- SIRRMRM004 – Develop a Merchandise Financial Plan
- SIRRMRM005 – Develop a Category Financial Plan
- SIRRMRM006 – Plan a Merchandise Product Range
- SIRRMRM007 – Negotiate and Establish Supply Arrangements
- SIRRMRM008 – Develop a Merchandise Promotional Plan
Elective units (general stream)
- SIRRMRM009 – Plan Merchandise Buying Trips
- SIRRMRM010 – Plan Product Development
- SIRRMRM011 – Manage Merchandise Quality and Compliance
- SIRXSTR001 – Develop an Ecommerce Strategy
Qualification entry requirements
Entry to this qualification is open to individuals who:
- have achieved formal study at the Certificate IV, or higher, level and are currently employed within the retail sector in a function where they have applied knowledge of retail financials, inventory management and retail operations, or
- have at least two years full time work experience in a retail merchandise management related function where they have applied knowledge of retail financials, inventory management and retail operations, or
- have at least two years full time work experience in a role where they have applied knowledge of business financials and operations.
ARC requirements
- The participants are required to have access to a reliable laptop, tablet, or desk computer, and reliable internet access. Participants must also have basic technology skills to undertake this qualification. A Language, Literacy, Numeracy and Digital (LLND) assessment will be conducted prior to commencement. Appropriate LLND support is provided to the learner on a case-by case basis.
* Subsidies may be available. Please contact your Retail Institute consultant to determine if you are eligible for subsidies in your state.