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.