LMTFD6001B
Evaluate commercial viability of designs

This unit covers the skills and knowledge to evaluate the commercial viability of the mass production and sale of fashion designs.

Application

The unit applies to evaluating the ability of fashion design concepts and proposals to assist in achieving business goals and financial targets. Skills covered by this unit are used to assist in the making decisions about which fashion designs to select for commercial production and sale.

Work may be conducted in small to large scale enterprises and may involve individual and team-related activities.

The application of this unit is according to OHS practices of the enterprise and workplace practices, which may include:

requirements prescribed by legislation, awards agreements and conditions of employment

standard operating procedures

work instructions

oral, written and visual communication

quality practices, including responsibility for maintenance of own work quality and contribution to quality improvement of team or section output

housekeeping

tasks related to environmental protection, waste disposal, pollution control, and recycling

This unit requires communication, problem solving skills and initiative and enterprise to analyse business information and assess commercial viability of specific designs. Planning and organising skills are applied to assess design against business criteria.



Elements and Performance Criteria

ELEMENT

PERFORMANCE CRITERIA

1 Review business position

1.1 Current business plan is analysed.

1.2 Business objectives and financial targets are identified.

1.3 Current business practices are identified and relevance for future developments is determined.

1.4 Past products are identified and records of commercial success analysed.

1.5 Workplace criteria for measuring commercial success of products are identified.

2 Analyse fashion designs

2.1 Ability of designs to meet client or target market needs and expectations is identified.

2.2 Costing and production strategies of designs are analysed.

2.3 Alignment of designs to business goals and practices is assessed.

3 Apply selection criteria to fashion designs

3.1 Workplace criteria for selection of designs are identified.

3.2 Designs are analysed against selection criteria.

3.3 Senior management are consulted in selection of designs.

3.4 Designs are selected for commercial production.

4 Establish evaluation mechanisms

4.1 Financial targets for design production are established.

4.2 Monitoring systems are implemented to measure progress of design production and return.

4.3 Design selection is evaluated against commercial targets.

Required Skills

This describes the essential skills and knowledge and their level, required for this unit.

Demonstrates knowledge of:

practices and procedures for costing of design production

industry trends and market practices

OHS practices, including hazard identification and control measures

quality practices

workplace practices

recording and reporting practices

Demonstrates skills to:

interpret costing and financial documentation

access industry standards

analyse business information

read, interpret and follow information on work specifications, standard operating procedures and work instructions, and other reference material

maintain accurate records

communicate within the workplace

sequence operations

meet specifications

clarify and check task-related information

carry out work according to OHS practices

Evidence Required

The Evidence Guide provides advice on assessment and must be read in conjunction with the Performance Criteria, Required Skills and Knowledge, the Range Statement and the Assessment Guidelines for the Training Package.

Critical aspects of evidence

Demonstrates skills and knowledge to:

complete and assess production costing information

analyse designs against selection criteria

analyse business goals and strategies

apply OHS practices in work operations

maintain accurate records

Consistency in performance

Consistently applies skills and knowledge when:

organising work

completing tasks

identifying improvements

using workplace practices

using OHS practices

recording and reporting accidents and incidents

assessing operational readiness of equipment used and work processes

recognising and adapting to cultural differences in the workplace, including modes of behaviour and interactions

completing work systematically with attention to detail without damage to goods and equipment

Resource implications

Access is required to real or appropriately simulated situations, including work areas, materials and equipment, and to information on workplace practices and OHS practices.

Context for assessment

Assessment may occur on the job or in an appropriately simulated environment.

Interdependent assessment

This unit may be assessed independently or in combination with other relevant units.


Range Statement

The Range Statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the Performance Criteria, is detailed below. Add any essential operating conditions that may be present with training and assessment depending on the work situation, needs if the candidate, accessibility of the item, and local industry and regional contexts.

Legislative/regulatory requirements

All work must comply with relevant Federal and State or Territory legislative or regulatory requirements.

Current business practices may include:

use of in-house; cut, make and trim; offshore production suppliers

use of expertise external to organisation

development of organisational image and market position

pricing and budget strategies

marketing and sales strategies

Criteria may include:

potential financial return

alignment with business goals and corporate image

client acceptance

availability of materials and resources for production

suitability of production processes

marketing potential

place in the market and product life cycle

production costs and timelines

OHS practices

OHS practices must include hazard identification and control, risk assessment and implementation of risk reduction measures specific to the tasks described by this unit and may include:

manual handling techniques

standard operating procedures

personal protective equipment

safe materials handling

taking of rest breaks

ergonomic arrangement of workplaces

following marked walkways

safe storage of equipment

housekeeping

reporting accidents and incidents

other OHS practices relevant to the job and enterprise


Sectors

Sector

Fashion Design and Technology


Employability Skills

This unit contains employability skills.


Licensing Information

Not applicable.