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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Manage the financial performance of a range of merchandise 
SAQA US ID UNIT STANDARD TITLE
252270  Manage the financial performance of a range of merchandise 
ORIGINATOR
SGB Retail and Wholesale 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 11 - Services Wholesale and Retail 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 5  Level TBA: Pre-2009 was L5  15 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This unit standard is intended for people who work in the buying/planning function of an organisation. They are responsible for managing the financial performance of their category and range of merchandise within the policies and procedures of the organisation.

Persons credited with this unit standard are capable of:
  • Producing a financial budget for a range of merchandise to support a merchandise strategy.
  • Monitoring the performance of a range of merchandise.
  • Recommending action required to improve the performance. 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is assumed that the learner is competent in:
  • Communication at NQF Level 4.
  • Mathematical Literacy at NQF Level 4. 

  • UNIT STANDARD RANGE 
    N/A 

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Produce a financial budget for a range of merchandise to support a merchandise strategy. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The financial indicators and targets used to measure merchandise performance are identified as it applies to the organisation. 

    ASSESSMENT CRITERION 2 
    The merchandise budgeting methods used are explained as applicable to the organisation. 

    ASSESSMENT CRITERION 3 
    The different buying and planning processes and their impact on the ability to meet financial targets are identified and explained as they apply to an organisation. 

    ASSESSMENT CRITERION 4 
    A budget for a range of merchandise that supports the merchandise strategy of the organisation is produced. 

    SPECIFIC OUTCOME 2 
    Monitor the performance of a range of merchandise. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The method used to monitor financial performance of merchandise is identified and explained as it applies to the organisation. 

    ASSESSMENT CRITERION 2 
    Products where actual performance exceeds targets set are identified and performance of the product/product range is monitored and reported according to organisational requirements. 

    ASSESSMENT CRITERION 3 
    Products where actual performance is below targets set are identified and performance of the product/product range is monitored and reported according to organisational requirements. 

    SPECIFIC OUTCOME 3 
    Recommend action required to improve performance. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Actions and the various indicators on which they will impact, along with any other impact it could have on the business, is identified within the context of performance improvement. 

    ASSESSMENT CRITERION 2 
    Actions that can be taken in own role according to the policies and procedures of the organisation is identified within the context of performance improvement. 

    ASSESSMENT CRITERION 3 
    The actions/interventions to be taken where the action proposed needs to be implemented by others in the organisation is recommended within the context of performance improvement. 

    ASSESSMENT CRITERION 4 
    An action plan to optimise the performance of identified products is drafted according to organisational requirements. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • Anyone assessing a learner against this unit standard must be registered as an assessor with the relevant ETQA or an ETQA; which has a MOU with the relevant ETQA.
  • Moderation of assessment will be overseen by the relevant ETQA, according to the moderation guidelines in the relevant qualification and the agreed ETQA procedures. 

  • UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • The financial indicators and targets used in the organisation to measure merchandise performance.
  • The merchandise budgeting methods used in the organisation.
  • How the different buying and planning processes impact on the ability to meet financial targets.
  • The method used to monitor financial performance of merchandise in the organisation.
  • The actions that can be taken on own role to improve the financial performance of merchandise.
  • The actions to be taken where the action proposed needs to be implemented by other in the organisation.
  • Performance improvement action and the various indicators on which they will impact, along with any other impact it could have on the business. 

  • UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Solving problems.

    Refer to the following Specific Outcome/s:
  • Recommend action required to improve performance. 

  • UNIT STANDARD CCFO WORKING 
    Working effectively with others as a member of a team.

    Refer to the following Specific Outcome/s:
  • Produce a financial budget for a range of merchandise to support a merchandise strategy.
  • Recommend action required to improve performance. 

  • UNIT STANDARD CCFO ORGANISING 
    Organise oneself and ones activities.

    Refer to all Specific Outcomes. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, analyse, organise and critically evaluate information.

    Refer to all Specific Outcomes. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively.

    Refer to the following Specific Outcome/s:
  • Produce a financial budget for a range of merchandise to support a merchandise strategy.
  • Recommend action required to improve performance. 

  • UNIT STANDARD CCFO DEMONSTRATING 
    Understand the world as a set of related system.

    Refer to the following Specific Outcome/s:
  • Produce a financial budget for a range of merchandise to support a merchandise strategy.
  • Recommend action required to improve performance. 

  • UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    N/A 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Elective  59299   National Certificate: Wholesale and Retail: Buying Planning  Level 5  Level TBA: Pre-2009 was L5  Reregistered  2023-06-30  W&RSETA 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. Edutel Wholesale & Retail Academy 



    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.