All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source. |
SOUTH AFRICAN QUALIFICATIONS AUTHORITY |
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: |
Buying merchandise |
SAQA US ID | UNIT STANDARD TITLE | |||
8283 | Buying merchandise | |||
ORIGINATOR | ||||
SGB Retail and Wholesale | ||||
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY | ||||
- | ||||
FIELD | SUBFIELD | |||
Field 11 - Services | Wholesale and Retail | |||
ABET BAND | UNIT STANDARD TYPE | PRE-2009 NQF LEVEL | NQF LEVEL | CREDITS |
Undefined | Regular | Level 4 | NQF Level 04 | 20 |
REGISTRATION STATUS | REGISTRATION START DATE | REGISTRATION END DATE | SAQA DECISION NUMBER | |
Passed the End Date - Status was "Reregistered" |
2003-12-03 | 2006-12-03 | SAQA 1351/03 | |
LAST DATE FOR ENROLMENT | LAST DATE FOR ACHIEVEMENT | |||
2007-12-03 | 2010-12-03 |
In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise. |
This unit standard does not replace any other unit standard and is not replaced by any other unit standard. |
PURPOSE OF THE UNIT STANDARD |
This is a core unit standard towards the qualification of National Certificate in Retail/Wholesale Sales and Service. It is optional to allow flexibility in creating a qualification that is tailored to meet different needs of learners and retail/wholesale outlets in the quest for world competitiveness |
LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING |
Basic research and analysis techniques at NQF 3. Basic accounting principles at NQF 3. Negotiating skills. |
UNIT STANDARD RANGE |
Range Statement:?
Factors influencing merchandise sales including seasonal trends, economic indicators, product life-cycles, stock returns? Criteria for placing buying orders including lead times, warehouse locations, packing and transportation costs, quality and availability of merchandise, discounts, payment terms, forward cover? Factors influencing profit margins including supplier service levels, replenishment cycles, store space allocations, inventory controls, pricing structures, promotion cycles, product life cycles? Factors for identifying new product lines including local and international merchandise ranges, consumer profiles, competitor analysis, seasonal trends |
UNIT STANDARD OUTCOME HEADER |
The demonstrated ability to make decisions and con |
Specific Outcomes and Assessment Criteria: |
SPECIFIC OUTCOME 1 |
The demonstrated ability to make decisions and consider options when: |
OUTCOME NOTES |
Sourcing merchandise and negotiating a range of criteria for placing buying orders on selected suppliers of merchandise to retail/wholesale outlets? Determining packaging requirements for promoting new ranges of merchandise in accordance with branding strategies of retail/wholesale outlets? Monitoring profitability of buying operations by analysing a range of factors influencing flow of merchandise from suppliers through to points of sale in retail/wholesale outlets? Researching and analysing a range of factors for identifying and developing new product lines for retail/wholesale outlets |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
The demonstrated ability to make decisions and consider options when: |
ASSESSMENT CRITERION NOTES |
Sourcing merchandise and negotiating a range of criteria for placing buying orders on selected suppliers of merchandise to retail/wholesale outlets? Determining packaging requirements for promoting new ranges of merchandise in accordance with branding strategies of retail/wholesale outlets? Monitoring profitability of buying operations by analysing a range of factors influencing flow of merchandise from suppliers through to points of sale in retail/wholesale outlets? Researching and analysing a range of factors for identifying and developing new product lines for retail/wholesale outlets |
UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS |
Providers will be accredited against this standard by the Retail and Wholesale SETA in its ETQA role. Moderation will be provided by the FETQA |
UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE |
The demonstrated understanding of:?
Organisational procedures for buying and ordering merchandise? Organisational merchandising strategy and merchandising standards? Organisational promotional and branding strategies? Organisational structures and distribution networks? Organisational store profiles and store layout plans? Merchandise suppliers, service costs and trading terms? Financial accounting techniques for budgeting, calculating profit margins, calculating forward cover, rebates? Ranges and categories of merchandise stocked by retail/wholesale outlets? Negotiating and analysing techniques |
Critical Cross-field Outcomes (CCFO): |
UNIT STANDARD CCFO IDENTIFYING |
UNIT STANDARD CCFO WORKING |
UNIT STANDARD CCFO COLLECTING |
UNIT STANDARD CCFO COMMUNICATING |
UNIT STANDARD ASSESSOR CRITERIA |
Assessment Criteria:The ability to produce at least four of the following types of evidence:?
Explain organisational procedures for buying and ordering merchandise? Describe ranges and categories of merchandise stocked by retail organisation? Demonstrate techniques for negotiating with suppliers when placing buying orders ? Demonstrate techniques for calculating profit margins for ranges of merchandise ordered? From a given range of packaging options, select packaging that best reflects the promotional and branding strategy of the organisation? Evaluate factors influencing flow of merchandise from suppliers through to points of sale? Demonstrate techniques for identifying and developing new product ranges |
QUALIFICATIONS UTILISING THIS UNIT STANDARD: |
ID | QUALIFICATION TITLE | PRE-2009 NQF LEVEL | NQF LEVEL | STATUS | END DATE | PRIMARY OR DELEGATED QA FUNCTIONARY | |
Core | 13719 | National Certificate: Retail and Wholesale, Sales and Service Technology | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2006-12-03 | W&RSETA |
Core | 50017 | National Diploma: Club Professional Golfing | Level 5 | Level TBA: Pre-2009 was L5 | Passed the End Date - Status was "Registered" |
2008-11-30 | Was CATHSSETA until Last Date for Achievement |
PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: |
This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here. |
NONE |
All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source. |