Formats and tools
- Unit Description
- Reconstruct the unit from the xml and display it as an HTML page.
- Assessment Tool
- an assessor resource that builds a framework for writing an assessment tool
- Assessment Template
- generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
- Assessment Matrix
- a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
- Wiki Markup
- mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
- Evidence Guide
- create an evidence guide for workplace assessment and RPL applicants
- Competency Mapping Template
- Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
- Observation Checklist
- create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)
- Self Assessment Survey
- A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
- Moodle Outcomes
- Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
- Registered Training Organisations
- Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver SIRRMRM004, 'Develop a merchandise financial plan'.
- Google Links
- links to google searches, with filtering in place to maximise the usefulness of the returned results
- Reference books for 'Develop a merchandise financial plan' on fishpond.com.au. This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to ntisthis.com for every purchase, so go nuts :)
Elements and Performance Criteria
Elements describe the essential outcomes.
Performance criteria describe the performance needed to demonstrate achievement of the element.
1. Review organisational financial information.
1.1. Access and review merchandise strategy to determine financial and merchandise objectives for a specified trading period.
1.2. Access and review organisational profit and loss statement to determine organisational financial position and objectives as required.
1.3. Review post-trade analysis data to determine past merchandise financial performance.
1.4. Source and analyse relevant internal and external factors impacting merchandise financial planning.
1.5. Identify merchandise financial planning activity that will maximise profitability and organisational financial performance.
2. Develop merchandise financial plan.
2.1. Plan sales value for the specified trading period using organisational systems and processes.
2.2. Determine gross profit margins that meet financial objectives.
2.3. Plan markdown value to account for potential markdowns and shrinkage and to minimise profit loss.
2.4. Plan optimal inventory values against key performance indicators that maximise profitability and minimise loss.
2.5. Review organisational promotional plan to determine impacts of planned promotional activity on sales, inventory and profit planning.
2.6. Establish merchandise performance indicators.
2.7. Document sales, inventory and profit values using established organisational systems and processes.
2.8. Obtain input from relevant personnel and make adjustments to merchandise financial plan based on feedback received.
2.9. Finalise merchandise financial plan and gain approval as required.
2.10. Communicate merchandise financial plan to relevant personnel.
3. Review and re-plan merchandise financial plan.
3.1. Review in-trade financial performance against actual and budgeted sales, profit and inventory values.
3.2. Investigate and account for variances in sales, inventory and profit values.
3.3. Identify available rebates and incorporate into merchandise financial plan as required.
3.4. Re-plan sales, profit and inventory values in response to the actual sales results.
3.5. Re-plan sales, profit and inventory values in response to internal and external influences on performance.