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 organisation.
*Member discounts and groups rates apply. Please contact your Retail Institute consultant 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.
The Public Course is offered as a rolling intake and you can join at any time.
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.
