Unit of competency Outline

Date retreived
22/07/2026 8:34 AM AWST

Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.

Conduct a post-trade analysis

Conduct a post-trade analysis

Unit of competency
National Code
SIRRMRM003
State Code
BBB48
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
16/08/2017
View on TGA
State Implementation and Classification
Approved Date
14/12/2017
Field of Education
080599 - Sales And Marketing, N.e.c.
Original Release Date
14/12/2017
Nominal Hours
45
Description
This unit describes the performance outcomes, skills and knowledge required to review the performance of retail merchandise during a specified trading period. It requires the ability to gather and analyse post-trade information to draw insights and conclusions and use these findings to make recommendations for improved merchandise performance. This unit applies to individuals working in merchandise management related roles in a diverse range of retail sectors and business contexts. They operate with independence and are responsible for making a range of operational business decisions that relate to the management of merchandise. No occupational licensing, certification or specific legislative requirements apply to this unit at the time of publication
Notes
Elements and Performance Criteria
1. Access post-trade information.
  • 1.1 Determine objectives of post-trade analysis and product category to be reviewed.
  • 1.2 Source financial and merchandise performance data from specified trading period.
  • 1.3 Source supplier performance data from specified trading period.
  • 1.4 Source customer and store feedback from specified trading period.
  • 1.5 Obtain summaries of promotional activity that occurred during the specified trading period.
  • 1.6 Review and make informed conclusions about competitor performance during the specified trading period.
  • 1.7 Consult with relevant stakeholders to seek input on merchandise performance for the specified trading period.
2. Analyse post-trade information.
  • 2.1 Confirm accuracy and integrity of performance information and data.
  • 2.2 Evaluate financial performance data against performance indicators to determine financial performance of the product category.
  • 2.3 Analyse post-trade information and data to develop evidence-based conclusions about merchandise performance.
  • 2.4 Identify strengths, weaknesses, opportunities and threats based on findings.
3. Report on findings.
  • 3.1. Document post-trade findings according to organisational requirements.
  • 3.2 Use findings to make recommendations for improved merchandise category performance.
  • 3.3 Communicate findings to relevant personnel.
No information
No information
No information
State Code National Code Title Type
AD720 SIRSS00017 Merchandise Management Skill set
BDJ6 SIR50317 Diploma of Retail Merchandise Management Qualification