Course Title: Fashion Merchandise Management

Part A: Course Overview

Course Title: Fashion Merchandise Management

Credit Points: 12.00

Important Information:

Please note that this course may have compulsory in-person attendance requirements for some teaching activities. 

To participate in any RMIT course in-person activities or assessment, you will need to comply with RMIT vaccination requirements which are applicable during the duration of the course. This RMIT requirement includes being vaccinated against COVID-19 or holding a valid medical exemption. 

Please read this RMIT Enrolment Procedure as it has important information regarding COVID vaccination and your study at RMIT: https://policies.rmit.edu.au/document/view.php?id=209. 

Please read the Student website for additional requirements of in-person attendance: https://www.rmit.edu.au/covid/coming-to-campus.

Please check your Canvas course shell closer to when the course starts to see if this course requires mandatory in-person attendance. The delivery method of the course might have to change quickly in response to changes in the local state/national directive regarding in-person course attendance.


Terms

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

MKTG1438

Brunswick Campus

Undergraduate

350H Fashion & Textiles

Face-to-Face

Sem 1 2021,
Sem 2 2021

Course Coordinator: Dr Tarun Panwar

Course Coordinator Phone: +61 3 9925 9223

Course Coordinator Email: tarun.panwar@rmit.edu.au

Course Coordinator Location: B511 F01 R001

Course Coordinator Availability: By appointment


Pre-requisite Courses and Assumed Knowledge and Capabilities

Required Prior Study

Successful completion of MKTG1442 Introduction to Fashion Retailing and MANU2491 Digital Applications for Fashion Enterprise 1.

Alternatively, you may be able to demonstrate the required skills and knowledge before you start this course.


Course Description

The major aim of this course is to provide you with a detailed understanding of the roles and responsibilities of a Merchandise Planner and/or Allocation Analyst within a modern fashion enterprise. You will gain insight into the various elements that comprise these closely integrated positions to determine how each of these elements relate to one another within the overall merchandise planning process. You will explore the key relationships within an integrated system to understand independent and reliant operational processes (and job roles) within a modern fashion retail brand.


Objectives/Learning Outcomes/Capability Development

Program Learning Outcomes 

In this course you will develop the following program learning outcomes:

PLO2: Apply a range of creative and commercial skills to successfully practice in a range of roles in the field of fashion enterprise.

PLO3: Demonstrate creativity, critical thinking and innovation to identify and solve problems in diverse contexts within the field of fashion enterprise.

PLO4: Communicate using a range of formats and strategies to diverse audiences within and external to the fashion enterprise field.

PLO5: Work with others in a range of roles and contexts, demonstrating cultural, environmental and social awareness through ethical and reflective practice.

PLO6: Take initiative and apply judgment in planning, problem-solving and decision making in your practice or future study.


Course Learning Outcomes 

Upon successful completion of this course, you will be able to:

CLO 1: Explain the roles and responsibilities of a fashion  merchandise planner and allocator, distinguish the components of a pre-season merchandise plan and department or category sales plan.

CLO 2: Analyse the financial implications of a merchandise plan.

CLO 3: Evaluate the use of enterprise resource planning and/or spreadsheet  software applications as they are utilised in fashion enterprises.

CLO 4: Create a pre-season merchandise plan. 

CLO 5: Recommend strategies for managing stock, Open-to-Buy positions, markdowns and margins across the different phases of a fashion season.

CLO 6: Plan promotions to maximise sales and profitability in a seasonal context.


Overview of Learning Activities

Your learning will be facilitated via a range of in-class and online activities that will require both individual and collaborative engagement. Class activities promote your ability to enquire, investigate, analyse and solve fashion business problems.


Overview of Learning Resources

RMIT will provide you with resources and tools for learning in this course through our online systems.

A list of recommended learning resources will be provided by your lecturer, including books, journal articles and web resources. You will also be expected to seek further resources relevant to the focus of your own learning.

There are services available to support your learning through the University Library. The Library provides guides on academic referencing and subject specialist help as well as a range of study support services. For further information, please visit the Library page on the RMIT University website and the myRMIT student portal. 


Overview of Assessment

You will be assessed on how well you meet the course’s learning outcomes and on your development against the program learning outcomes.

Assessment Tasks:

Assessment Task 1: Retail Maths & Merchandise roles quiz, 15%, CLO 1 & CLO 2

Assessment Task 2: SWOT & Post season analysis, 45%, CLO 3 and CLO 4

Assessment Task 3: Merchandise Plan, 40%, CLO 5 and CLO 6

Feedback will be given on all assessment tasks.

If you have a long term medical condition and/or disability it may be possible to negotiate to vary aspects of the learning or assessment methods. You can contact the program coordinator or Equitable Learning Services if you would like to find out more.
Your course assessment conforms to RMIT assessment principles, regulations, policies, procedures and instructions.