Diploma
RETAIL MERCHANDISE MANAGEMENT
SIR50317
$7,900*
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 organization.
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.
Course Outline
- 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
- SIRRMRM009 – Plan Merchandise Buying Trips
- SIRRMRM010 – Plan Product Development
- SIRRMRM011 – Manage Merchandise Quality and Compliance
- SIRXSTR001 – Develop an Ecommerce Strategy
Eligibility
Qualification Entry Requirements:
- Formal study at Certificate IV level or higher, plus current employment in retail with application of retail financials, inventory management, and operations knowledge
- OR at least two years full-time work experience in retail merchandise management, demonstrating knowledge of retail financials, inventory management, and operations
- OR at least two years full-time work experience in a role involving business financials and operations knowledge
Additional Requirements:
- Internet access and basic technology skills
- Completion of an entry requirement questionnaire, including a Language, Literacy, Numeracy & Digital (LLND) test
*Subsidies may be available. Please contact your Retail Institute consultant to determine if you are eligible for subsidies in your state
The ARA Retail Institute (RTO Code: 4049) is the leading national body providing for the education, consulting and professional development needs of the Australian retail industry. The ARA Retail Institute specialises in consulting and education on a broad range of topics, including: Retail Buying, Financials, Visual Merchandising, Marketing, Operations, and Sales and Service Strategy. The ARA Retail Institute houses a suite of both accredited and non accredited training solutions; from the Diploma of Retail Merchandise Management to customised in-house training programs. This suite provides a diverse and flexible range of education products to suit industry needs.
