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Follow the links below to find material targeted to the unit's elements, performance criteria, required skills and knowledge

Elements and Performance Criteria

  1. Plan buying trip.
  2. Undertake buying trip.
  3. Report on buying trip.

Performance Evidence

Evidence of the ability to complete tasks outlined in elements and performance criteria of this unit in the context of the job role, and:

review a merchandise strategy to identify merchandise needs and document one buying trip plan detailing:

buying trip objectives

key activities and destinations

buying trip budget

buying trip itinerary and schedule

key trip resources and booking requirements

undertake buying trip activities and prepare a buying trip report that details:

product and supplier insights

product and supplier feasibility

product alignment to organisational and customer needs

recommendations for merchandise buying

reflection on cost-effectiveness and productivity of trip.


Knowledge Evidence

Demonstrated knowledge required to complete the tasks outlined in the elements and performance criteria of this unit:

common objectives of merchandise buying trips:

find new suppliers

diversify range

find new products

gain trend insights

sample collection

analyse competitors

place orders

negotiate pricing

evaluate supplier performance

considerations to be made when planning and undertaking buying trips:

transportation and accommodation

local customs and holidays

language and communication

trip budgets

product budgets

travel bookings

appointment scheduling

logistics to transport goods

exchange rates

time efficiencies

critical path

legal and compliance requirements

common buying trip destinations:

supplier factory visits

trade fairs

retail destinations

techniques to determine suitability and feasibility of products and suppliers

formats for preparing buying trip reports.