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This apprenticeship standard is in development and is not yet ready to use

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Reference Number: ST0683

Details of standard

This apprenticeship standard is currently in development and its contents are subject to change

Occupation summary

This occupation is typically found in the retail sector, across a range of different types of companies and employers such as those selling direct to the public/consumer and those selling to trade. It is also found across different types of retail operation, including those who trade from traditional stores, those who are exclusively on-line, and those who operate through a variety of channels.

Buying assistants will support new product selection and development and ensure that these new products are accurately added to the employer’s product portfolio in line with the supplier agreement. They will normally be responsible for the testing and delivery of product samples.

Merchandising assistants collate, distribute and analyse sales and performance reports, identifying trends, trading patterns and highlighting anomalies. They communicate and escalate findings appropriately, supported by a range of business solutions. They may also place supplier orders and maintain product availability across the business and for monitoring products to ensure on time delivery and availability to agreed locations.

Buying and merchandising assistants work collaboratively to contribute to the delivery of department/company sales and profit targets. They will normally report to a more senior member of the buying or merchandising team, this may vary with the size of the employer.

In this occupation, individuals would typically interact with a wide range of internal and external colleagues, including but not limited to, their wider buying and merchandising teams, designers, manufacturers, suppliers, distribution centres, stores, marketing, finance and IT departments. This is normally an office-based role, but may involve remote working, travel to stores, trade fairs, supplier meetings etc.

Typical job titles

Typical job titles include buying assistant, merchandising assistant.

Core occupation duties

Duty

Criteria for measuring performance

KSBs

Duty 1 Monitor the critical path to ensure products are delivered on time.

Recommendations made for new and existing products to agreed timescales.

K1 K2 K3 K5

S3 S4 S6 S7 S8 S9 S10 S21

B4 B6

Duty 2 Engage with internal and external functions (such as marketing, PR, distribution, suppliers, supply chain, stores, on-line, sales teams, design teams, product technologists, customers) to deliver product ranges that meet business KPIs and customer needs.

Issues that affect other internal and external functions identified promptly and resolved

No KPIs missed through poor communication or failure to collaborate.

K2 K5 K6 K8 K9 K12 K13 K14 K15 K17 K18 K19 K21

S3 S4 S5 S6 S7 S8 S9 S10 S12 S20 S21

B1 B2 B3 B4 B5 B6 B7

Duty 3 Contribute to the continuous improvement of the buying and merchandising processes, responding to sector trends and new ways of working to drive sales and profit.

Recommendations for improvements made to senior team members.

K1 K4 K8 K12 K13 K14 K19 K21

S1 S2 S7 S10 S11 S12 S14 S15 S16 S17 S19 S21

B1 B2 B3 B4 B5 B6

Duty 4 Coach and mentor new colleagues to drive development

Individual and team development recorded.

K9 K13 K15 K16 K17

S19 S23

B2 B6 B7

Duty 5 Develop and maintain a stakeholder network, to facilitate negotiations to maximise opportunities

Professional relationships developed, issues identified and resolved promptly. KPIs met

K2 K3 K4 K5 K6 K7 K8 K9 K13 K17 K18 K19 K21

S5 S8 S10 S15 S18 S20

B2 B3 B6 B7

Duty 6 Receive and resolve queries and questions from stakeholders (suppliers, designers, packagers, customers) regarding products, process, services, critical path deliverables etc.

Internal and external functions briefed on critical path.

K2 K6 K8 K9 K14 K18

S3 S5 S6 S10

B1 B2 B3 B6 B7

 

Option duties

Duty

Criteria for measuring performance

KSBs

Duty 7: Manage the ordering, delivery, testing and showcasing of samples, to support the final selection of products


Option title/s

 Buying Assistant

Appropriate samples were available for testing and show casing activities.

K1 K2 K3 K5 K6 K8 K9 K12 K13 K14 K15 K17 K18 K19 K21

S1 S2 S3 S5 S7 S8 S10 S14 S15 S17 S18

B1 B3 B4 B5 B6 B7

Duty 8: Action all the required processes throughout the product lifecycle, ensuring trading and pricing policies are adhered to, meeting the requirements of the current business strategy


Option title/s

 Buying Assistant

Product portfolio updated and maintained with correct information.

K1 K2 K3 K5 K7 K8 K11 K17 K18 K19

S4 S6 S7 S8 S9 S10 S13 S14 S20 S21

B6

Duty 9: Input products into the database and carry out on-going maintenance. Coordinate the product content and imagery to support and maximise the sales of the product


Option title/s

 Buying Assistant

All products represented accurately on product portfolio.

K1 K2 K5 K7 K12 K13 K17 K21

S3 S9 S10 S11 S12 S21

B1 B2 B4 B6

Duty 10: Monitor competitor activities and update prices accordingly in line with legislation and organisation policies


Option title/s

 Buying Assistant

Product portfolio updated and maintained with correct information.

K2 K7 K11 K12 K18

S1 S3 S11 S13 S14 S15 S17 S21

B6

Duty 11: Use competitor and market analysis to identify opportunities to improve/increase sales performance.


Option title/s

 Buying Assistant

Data sourced and actions implemented to agreed timescales.

K2 K7 K11 K12 K18 K21

S1 S3 S11 S13 S14 S15 S17 S21

B3 B4

Duty 12: Assist in the creation of future range building inputting into trend and competitor analysis


Option title/s

 Buying Assistant

Accurate data inputted to inform strategic decisions.

K1 K2 K3 K5 K8 K10 K11 K12 K13 K15

S1 S2 S11 S12 S13 S14 S15 S16 S17 S18 S20

B1 B4 B5 B6

Duty 13: Manage suppliers and key stakeholders (distribution/warehousing and depots, branches/ stores, online) to ensure stock levels are kept within agreed targets/timelines


Option title/s

 Merchandising Assistant

Stakeholder’s issues dealt with promptly and within targets/timescales

K8 K12 K14 K15 K17 K19 K20 K21

S4 S6 S9 S10 S21 S22

B2 B4 B6 B7

Duty 14: Place and manage orders for assigned products, in line with the agreed volume and specification.


Option title/s

 Merchandising Assistant

Deliveries made on agreed dates in agreed volumes

Cancellations processed correctly.

K7 K8 K14 K17 K20

S4 S9 S10 S12 S21 S22

B2 B4 B6

Duty 15: Assist in producing short to mid-term product range forecasts for intake and delivery.


Option title/s

 Merchandising Assistant

Correct data sources accessed and analysed.

K7 K10 K12 K13 K20

S12 S13 S22

B4

Duty 16: Use current and past data to identify opportunities to improve sales and profit performance, providing reforecasts of stock, delivery dates and cancellations to minimise/maximise financial impact. Provide weekly trading analysis.


Option title/s

 Merchandising Assistant

Data analysed and findings reported to senior team members to agreed timescales.

K7 K10 K11 K17 K18 K20

S4 S6 S11 S12 S13 S14 S17

B2 B3 B4 B5

Duty 17: Assist in the creation of future range building by inputting financial targets and plans and data analysis.


Option title/s

 Merchandising Assistant

Accurate data inputted to inform strategic decisions.

K1 K3 K5 K7 K10 K11 K13 K14 K17

S2 S7 S10 S11 S12 S13 S14 S17 S18 S20 S21

B1 B4 B5 B7

Duty 18: Provide orders and line level product forecasts to suppliers. Manage/maintain stock replenishment system to maximise availability and drive sales.


Option title/s

 Merchandising Assistant

Stock system updated and maintained to agreed timescales.

K12 K14 K17 K18 K20 K21

S9 S11 S12 S20 S21 S22

B2 B6

 

KSBs

Knowledge

K1: How to develop an operational or strategic approach to buying and / or merchandising

K2: Industry standards, regulations and legislation relating to the ethical and sustainable sourcing, purchasing and sale of goods to ensure compliance

K3: Product lifecycle from development to customer and the critical path approach to support the buying and merchandising process

K4: Principles of buying and merchandising and the specific role of each

K5: The brand position within the market, which includes both UK and global markets, retailer types and trading models

K6: Effective methods of negotiation, and how they relate to the organisation’s strategy, goals and ethical stance

K7: Key aspects of the sector in respect of global and domestic trading patterns

K8: Principles of working within strategic operational buying and merchandising frameworks

K9: Effective methods of communication to achieve operational success

K10: The principles of internal trend analysis and forecasting

K11: The principles of undertaking competitor analyses

K12: The different purchasing habits of customers, seasonality and the different customer journey across all purchasing channels

K13: The importance of keeping up with current trends within the industry

K14: The importance of customer profiles and how they impact buying and merchandising operations

K15: The principles of team dynamics and relationships in order to achieve individual and organisational goals

K16: The importance of coaching and mentoring to support the development of the buying and merchandising teams

K17: The goals and targets of the business, the drivers of performance and the contribution of the team in order to achieve these

K18: The key performance indicators of the department, their performance and how to individually contribute to their success

K19: The range and impact of external factors such as currency fluctuation and global suppliers have on profit margin and costs

K20: The impact of stock planning and densities on profitability and how it aligns to organisational/brand strategy

K21: Factors affecting and impacting seasonal planning to ensure availability of appropriate products and to drive profit

Skills

S1 Uses their market/industry knowledge to contribute to new product development and innovation

S2 Contributes to the building of customer focused ranges to meet the brand identity of the business

S3 Ensures product quality and legal compliance by working within industry standards, regulations and legislation to source, purchase and sell goods

S4 Ensures accurate implementation of the critical path prioritising actions accordingly

S5 Negotiates in a manner that balances the need for a sound financial return, with the need to operate ethically, honestly and fairly

S6 Monitors agreed performance targets with suppliers to manage ongoing supplier relationships

S7 Applies the organisation strategy to buying and/or merchandising to ensure strategic objectives are met

S8 Applies an ethical and sustainable approach to the buying and merchandising process in line with policies and procedures to achieve legal compliance

S9 Ensures the agreed route to market is delivered and maintained successfully so that objectives are met

S10 Works with external and internal departments (for example, marketing, distribution, suppliers) to build relationships to drive sales activity and support the delivery of the business objectives across all channels

S11 Uses data to support decisions to influence both the strategic and operational direction of the buying and/or merchandising approach.

S12 Demonstrates accurate application of systems in analysing data (for example, customer trends, buying patterns, stock rotation and levels)

S13 Analyses and presents business data to support achievement of business strategies, brand and KPIs

S14 Evaluates commercial performance to support proposed actions for both good and poor product performers

S15 Demonstrates anticipation of customer buying and product patterns to forecast future demand

S16 Articulates relevant ideas and opinions towards trends and competitor activity so that opportunities may be identified

S17 Applies customer profile/trend data to inform the development of a range, products and services

S18 Formulates and communicates customer propositions

S19 Develops self and individuals to improve personal and team performance and capability

S20 Demonstrates commercial buying and merchandising within a financial framework

S21 Operates in a manner that produces the required financial rate of return for the business

S22 Ensures effective stock management to support the delivery of the sales and profit forecasts

S23 Coaches and mentors new/less experienced colleagues

Behaviour


B1: Is creative thinking, and enthusiastic with a positive and professional attitude
B2: Is confident accountable and pro-active
B3: Shows tenacity and is prepared to take risks
B4: Is resilient, organised with an eye for attention to detail
B5: Is flexible, agile and adaptable to changing markets
B6: Operates within professional code of ethics
B7: Is an ambassador for the business

Qualifications

 English and Maths qualifications

Apprentices without level 2 English and maths will need to achieve this level prior to taking the End-Point Assessment.  For those with an education, health and care plan or a legacy statement, the apprenticeship’s English and maths minimum requirement is Entry Level 3. A British Sign Language (BSL) qualification is an alternative to the English qualification for those whose primary language is BSL. 

Additional details

Occupational Level: 4
Duration (months): 18

Review

This standard will be reviewed after three years.


Crown copyright © 2017. You may re-use this information (not including logos) free of charge in any format or medium, under the terms of the Open Government Licence. Visit www.nationalarchives.gov.uk/doc/open-government-licence

Status: In development
Proposal approved Standard approved Assessment plan approved
Level: 4
Reference: ST0683
Version: 1
Date updated: 20/11/2018
Route: Sales, marketing and procurement
Trailblazer contact(s): linda.guthrie@steinhoffretail.co.uk

Version log

Version Date updated Change Previous version
1 20/11/2018 Standard first published

Not available