SIRRMRM006Plan a merchandise product range

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What an assessment for SIRRMRM006 must cover

78 assessable components: 5 elements (23 performance criteria), 20 performance evidence and 33 knowledge evidence requirements, plus 2 foundation skills. An audit-defensible tool maps every question and task back to these — that mapping is the coverage matrix Auditori generates alongside the assessment.

Elements & performance criteria

1 Determine merchandise-range requirements.

  • 1.1Access and review category financial plan to determine range requirements.
  • 1.2Profile target market and identify relevant trends to inform range planning.
  • 1.3Source input from relevant stakeholders and use feedback to inform range planning.
  • 1.4Review product performance information and use findings to plan range optimisation and exit strategies.

2 Generate options for merchandise range.

  • 2.1Generate range options that respond to target market and trend information.
  • 2.2Confirm commercial viability of range options to maximise profitability and minimise risk.
  • 2.3Determine assortment planning including core and seasonal, and width, depth and breadth, of the range.
  • 2.4Identify aged and carry-over stock and action strategy for clearance.
  • 2.5Determine range option planning for Stock Keeping Unit (SKU) requirements.
  • 2.6Accurately quantify product units to be ordered based on open-to-buy or space capacity method.
  • 2.7Review merchandise promotional plan and ensure range aligns with planned activity.
  • 2.8Refine range options through consultation with cross-functional teams and gain approval as required.
  • 2.9Document finalised range identifying key features, costs and benefits.

3 Plan merchandise range sourcing.

  • 3.1Determine critical path for range sourcing and distribution.
  • 3.2Review supplier strategy and determine range sourcing.
  • 3.3Brief product development teams on new range.
  • 3.4Identify product branding needs and develop branding strategy accordingly.

4 Purchase merchandise.

  • 4.1Place merchandise order with supplier and confirm delivery schedules as per agreed supplier arrangements.
  • 4.2Document and exchange order and invoice information according to organisational procedures.
  • 4.3Implement and adjust orders as required.

5 Plan range distribution.

  • 5.1Communicate relevant merchandise information to stores.
  • 5.2Determine strategy for stock allocation, replenishment and distribution based on individual store requirements.
  • 5.3Communicate planned merchandise ranges to relevant personnel.

Performance evidence

  • review a merchandise category financial plan to develop a merchandise range plan that includes:
  • assortment planning
  • width, depth and breadth of range
  • core and seasonal items
  • option planning
  • Stock Keeping Unit (SKU)
  • exit strategy
  • the above product range must contain a minimum of 20 items
  • document the above range plan to ensure it details:
  • features
  • costs
  • benefits
  • profitability
  • quantification
  • critical path
  • branding
  • document a plan for range sourcing and distribution:
  • external supply arrangements
  • allocation to stores
  • prepare documentation for the purchase of merchandise.

Knowledge evidence

  • role and purpose of merchandise range planning
  • strategies for:
  • maximising profitability of a product range
  • determining viability of product range
  • key aspects of merchandise product range planning:
  • assortment planning
  • width, depth and breadth of range
  • core and seasonal items
  • option planning
  • Stock Keeping Unit (SKU)
  • exit strategies
  • internal and external factors impacting product range planning:
  • feedback from stores
  • merchandise category buying plan
  • product performance information
  • promotional plan
  • target market profile information and how it is used in constructing the product range
  • trends in industry, and global and local trends impacting on merchandise product range
  • critical path
  • common product exit strategies
  • exit strategies applied to:
  • poorly performing products
  • event and promotional products
  • short-life-cycle products
  • factors influencing range allocation:
  • store grading
  • climate
  • target market demographic
  • competitors
  • replenishment of core lines
  • stock turns
  • supply considerations in the purchasing of merchandise
  • commonly- used merchandise range planning methods and structures within the retail industry.

Foundation skills

  • Numeracy skills: interpret key retail financial metrics contained within merchandise category plans.
  • Technology skills: access, document and communicate information using digital technologies and systems.

Unit content sourced from training.gov.au — © Commonwealth of Australia, licensed under CC BY 4.0. Auditori is not affiliated with the Department of Employment and Workplace Relations.

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Questions about assessing SIRRMRM006

What does an assessment tool for SIRRMRM006 need to cover?

To satisfy the Principles of Assessment and Rules of Evidence, an assessment for SIRRMRM006 needs to address all 78 unit components: 5 elements with 23 performance criteria, 20 performance evidence requirements, 33 knowledge evidence requirements, and the foundation skills. A coverage matrix mapping each question and task to these components is what an auditor looks for.

How does Auditori generate an assessment tool for SIRRMRM006?

Auditori pulls the current release of SIRRMRM006 from training.gov.au and generates a complete package: candidate assessment, assessor guide with model answers and observation criteria, and a coverage matrix mapping every component. A suitably qualified person then reviews and approves the draft in a built-in workflow — consistent with ASQA's guidance on AI use in VET — before export as branded PDF and editable Word.

Is the first assessment tool really free?

Yes. Every new account includes one free credit — enough to generate the complete assessment tool for SIRRMRM006 — with no card and no subscription required. After that it's pay-as-you-go per unit.

Can I check my existing SIRRMRM006 assessment instead of generating a new one?

Yes — upload your existing assessment or learner guide and Auditori maps it against every element, performance criterion, PE and KE of SIRRMRM006, showing exactly what's covered and what's missing. Mapping costs a quarter of a credit.

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