Qualification Outline
23/07/2026 4:52 AM AWST
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Diploma of Retail Merchandise Management
Diploma of Retail Merchandise Management
SIR50317
BDJ6
Current
Approved
National Endorsed, State Implementation and Classification
Releases
| Release Version | Release Date | TGA Status | DTWD Status |
|---|---|---|---|
| 1.00 | 16/08/2017 | Current | Approved |
Description
This qualification reflects the role of individuals who undertake retail merchandise management activity to deliver profitable results for a retail organisation. They analyse merchandise performance results and follow an organisational strategy to plan and enhance ongoing merchandise performance.
These individuals operate with autonomy, are responsible for their personal outputs, and undertake decision making independently and in consultation with others.
Individuals with this qualification are able to perform roles such as buyer, merchandise planner and merchandise manager.
No occupational licensing, certification or specific legislative requirements apply to this qualification at the time of publication.
Schedule
Packaging Rules
Eleven (11) units must be completed:- seven (7) core units
- four (4) elective units, consisting of:
- two (2) units from the list below
- two (2) units from the list below, elsewhere in SIR Retail Services Training Package, or any other current Training Package or accredited course.
The selection of electives must be guided by the job outcome sought, local industry requirements and the complexity of skills appropriate to the AQF level of this qualification.
1. Core Units
All seven (7) units must be completed.
| State Code | National Code | Title | Hours | Type |
|---|---|---|---|---|
| BBB48 | SIRRMRM003 | Conduct a post-trade analysis | 45 | Unit of competency |
| BBB52 | SIRRMRM005 | Develop a category financial plan | 55 | Unit of competency |
| BBB66 | SIRRMRM004 | Develop a merchandise financial plan | 65 | Unit of competency |
| BBB69 | SIRRMRM008 | Develop a merchandise promotional plan | 55 | Unit of competency |
| BBB65 | SIRRMRM002 | Develop a merchandise strategy | 55 | Unit of competency |
| BBB44 | SIRRMRM007 | Negotiate and establish supply arrangements | 60 | Unit of competency |
| BBB62 | SIRRMRM006 | Plan a merchandise product range | 55 | Unit of competency |
2. Elective Units
At least two (2) of the required four (4) elective units must be selected from the list below.
Please refer to the packaging rules for the full details of available options.
| State Code | National Code | Title | Hours | Type |
|---|---|---|---|---|
| AUK09 | BSBINN502 | Build and sustain an innovative work environment | 50 | Unit of competency |
| AUJ82 | BSBLDR503 | Communicate with influence | 55 | Unit of competency |
| BBB70 | SIRRMRM011 | Manage merchandise quality and compliance | 45 | Unit of competency |
| AUK69 | BSBWOR501 | Manage personal work priorities and professional development | 50 | Unit of competency |
| AWW97 | SIRXRSK003 | Manage risk in the retail environment | 55 | Unit of competency |
| AWX09 | SIRXMGT004 | Plan and manage retail projects | 60 | Unit of competency |
| BBB51 | SIRRMRM009 | Plan merchandise buying trips | 35 | Unit of competency |
| BBB47 | SIRRMRM010 | Plan product development | 45 | Unit of competency |
| AWX10 | SIRXMGT003 | Provide leadership to others | 45 | Unit of competency |
No information
No information
Entry Requirements
Entry to this qualification is open to individuals who:
have achieved formal study at the Certificate IV, or higher, level and arecurrently 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.
Traineeships and Apprenticeships