Wholesale and Retail Buying

Wholesale and Retail Buying

 

NQA ID Q1091

 

NQF Level 5

 

Total Credits 121

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About

This programme is developed around a planned combination of learning outcomes that will provide learners with more advanced knowledge and applied competence in wholesale and retail merchandising that will enhance their pursuit to acquire increasingly specialised operational skills in the wholesale and retail sector.

A retail buyer is responsible for planning, selecting and purchasing quantities of goods and merchandise that are sold to retailers or in retail stores. They source new and review existing goods to ensure their products remain competitive. Most buyers, including those working in large department stores, tend to specialise in one product type (e.g. clothes, fashion accessories, food and drink, books, furniture, electrical items or household goods), while those who work for smaller stores buy a variety of products.

For individuals looking for a fast-paced career that combines retail and business, retail buying might be the ideal career. The programme provides the learner with the strategies, skills and knowledge required by retail buyers to purchase retail merchandise and develop buying plans. The learner will learn how to analyse the market, plan and introduce product ranges, establish supplier relationships, negotiate the supply of goods and maximise profit through effective buying strategies. The programme will ensure a solid understanding of the tools and techniques required to purchase strategically to meet performance benchmarks and maximise profit in an ever-changing retail environment.

Whether you are an individual looking to further a career in logistics and supply chain disciplines or the wholesale and retail industry or a business executive responsible for your workforce’s development and training – we can help you with your learning and development requirements.

Contact us and we will be happy to discuss relevant and appropriate solutions.

Admission Requirements

This qualification is designed to be accessible and flexible. The basic entry requirements are:

  • the ability to demonstrate English communication and numeracy skills
  • NVC in Wholesale and Retail Operations Supervision Level 4
Mode of Delivery

This programme is delivered through contact sessions that will provide the learner with the interpersonal support for learning to take place.

Furthermore, a workplace component will allow the learner to apply knowledge gained in a workplace environment.

Duration

This programme can be completed over a minimum duration of one year and a maximum of two.

What Learners Can Expect

Learners will gain skills, such as the following:

  • Demonstrating an understanding of the target market
  • Propose a product range for an organisation
  • Procure products for an organisation and import merchandise for a Wholesale or Retail organisation
  • Maintain and control stock levels of an organisation
  • Implement price changes
  • Implement loss control measures and promotional activities
  • Apply leadership skills to achieve objectives, effective customer management skills and tenders to obtain business
Programme Modules

The programme consists of the following compulsory modules

Demonstrate an understanding of basic financial skills 

Demonstrate an understanding of target market 

Manage own time effectively

Maintain and control stock levels of an organisation 

Implement price changes 

Manage suppliers effectively 

Procure products for an organisation 

Import merchandise for a Wholesale or Retail organisation 

Apply leadership skills to achieve objectives

Apply for tenders to obtain business

Implement loss control measures 

Implement promotional activities

Apply effective customer management skills 

Student Success Stories

Grizelda Griffiths

Diploma in Logistics and Supply Chain Management

“Distance studying teaches you to read a lot, do a lot of research by yourself and to become your own teacher.”

Joel Griffiths

Diploma in Logistics and Supply Chain Management

“You must be able to sacrifice in order to get the results.”

Pendukeni Katukula

Higher Certificate in Logistic Management

Diploma in Logistics and Supply Chain Management

Bachelor of Business Administration in Logistics and Supply Chain Management

“BSE is giving all needed study material and information and they are cheaper than other institutes.”

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Tel: +264 61 247 879

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