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Evidence Guide: MSTFD5028 - Develop merchandising plans for fashion products

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!

From the Wiki University

 

MSTFD5028 - Develop merchandising plans for fashion products

What evidence can you provide to prove your understanding of each of the following citeria?

Prepare to develop merchandising plan

  1. Analyse merchandising opportunities
Analyse merchandising opportunities

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Establish merchandising objectives according to workplace requirements

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Analyse stock levels and sales data to determine product life cycle

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Determine budget for merchandising

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Develop merchandising plan

  1. Determine required products and ranges to be purchased
Determine required products and ranges to be purchased

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Determine quantities, sizes, colours and designs of products to be purchased

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Develop a merchandising plan that details workplace requirements

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Assess, document and store merchandising plan

  1. Assess effectiveness of merchandising plan in meeting marketing objectives and timing requirements
Assess effectiveness of merchandising plan in meeting marketing objectives and timing requirements

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Present merchandising plan to stakeholder and integrate stakeholder response into proposals

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Document merchandising plan according to industry practices, including any legal, ethical and work health and safety requirements

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Document reports on merchandising opportunities and strategies, and present to relevant audience

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Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Required Skills and Knowledge