409 version 2 28-Jun-16 1 of 3 MERCHANDISING AND MARKETING Plan merchandising in a retail or distribution environment level: 4 credit: 3 planned review date: February 2010 sub-field: Retail, Distribution, and Sales purpose: People credited with this unit standard are able to develop a merchandising philosophy, and develop a merchandising plan. entry information: Open. accreditation option: Evaluation of documentation and visit by NZQA and industry. moderation option: A centrally established national moderation system has been set up by the ServiceIQ. special notes: 1 The Merchandising plan may refer to a department or a store. 2 Definition Organisational procedures refer to instructions to staff on policy and procedures which are formally documented, or generally accepted within the workplace. Elements and Performance Criteria element 1 Develop a merchandising philosophy. performance criteria 1.1 Marketing position is defined based on accurate information. Range: information may include but is not limited to – organisational requirements, supplier documentation, market research. New Zealand Qualifications Authority 2016 409 version 2 28-Jun-16 2 of 3 MERCHANDISING AND MARKETING Plan merchandising in a retail or distribution environment 1.2 Merchandising philosophy is developed in accordance with organisational procedures. 1.3 Merchandising philosophy is consistent with marketing position. Range: may include but is not limited to – purpose, approach, format, style, target, requirements, impact. element 2 Develop a merchandising plan. performance criteria 2.1 Merchandising plan is developed in accordance with organisational procedures. Range: 2.2 may include but is not limited to – budget, style, theme, seasonal variation, location, space, promotion, marketing, stock classification system, stock levels, suppliers, buying, constraints, resources, communication, time line. Merchandising plan is consistent with merchandising philosophy. Comments on this unit standard Please contact ServiceIQ qualifications@serviceiq.org.nz if you wish to suggest changes to the content of this unit standard. Please Note Providers must be accredited by the Qualifications Authority or a delegated interinstitutional body before they can register credits from assessment against unit standards or deliver courses of study leading to that assessment. Industry Training Organisations must be accredited by the Qualifications Authority before they can register credits from assessment against unit standards. Accredited providers and Industry Training Organisations assessing against unit standards must engage with the moderation system that applies to those standards. New Zealand Qualifications Authority 2016 409 version 2 28-Jun-16 3 of 3 MERCHANDISING AND MARKETING Plan merchandising in a retail or distribution environment Accreditation requirements and an outline of the moderation system that applies to this standard are outlined in the Accreditation and Moderation Action Plan (AMAP). The AMAP also includes useful information about special requirements for providers wishing to develop education and training programmes, such as minimum qualifications for tutors and assessors, and special resource requirements. This unit standard is covered by AMAP 0225 which can be accessed at http://www.nzqa.govt.nz/site/framework/search.html. New Zealand Qualifications Authority 2016