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STUDENT FINANCE AVAILABLE

Course information

Qualification title

NQF Level

SAQA ID

Occupational Certificate: Retail buyer

5

103145

Curriculum code

Credits

Duration

332301000

131

12 months

  1. Entry Requirements:

NQF Level 4 (Matric) with experience in business operations

  1. Tuition Fee:

R22 000.00

  1. Purpose of the qualification:

The purpose of this qualification is to prepare a student to operate as a Retail buyer. A Retail Buyer sources, buys and allocates stock for wholesale and retail outlets.

A qualified student will be able to:

  1. Manage supplier relationships and the performance of stock.
  2. Source products through the identification and selection of suppliers.
  3. Buy products.
  4. Allocate stock to stores.
  1. Modules:

4.1 Knowledge Modules (26 Credits);

  1. Concepts and principles for managing supplier relationships and the performance of merchandise, 10 credits
  2. Concepts and principles for identifying and sourcing products and selecting suppliers, 7 credits
  3. Concepts and principles of buying merchandise, 6 credits
  4. Concepts and principles for allocating stock to stores, 3 credits

4.2 Practical Skill Modules (40 Credits);

  1. Manage supplier and stock performance, 10 credits
  2. Manage stock through the supply chain, 4 credits
  3. Source products and identify preferred suppliers, 9 credits
  4. Negotiate with suppliers, 4 credits
  5. Buy products, 7 credits
  6. Plan and allocate stock to stores, 6 credits

4.3 Workplace Modules (65 Credits);

  1. Processes and procedures for the management of supplier and stock performance, 8 credits
  2. Processes and procedures for sourcing products and setting ranges, 12 credits
  3. Processes and procedures for identifying preferred supplies, 8 credits
  4. Processes and procedures for negotiating, buying and recording products purchased, 25 credits
  5. Processes and procedures for allocating to stores, 12 credits
  1. Career path:
  • Retail buyer
  • Supply chain specialist
  • Operations manager
  1. Rationale:

This qualification is designed to enhance the professionalism and productivity of those who are responsible for purchasing products in a retail outlet. Buyers have a full responsibility to select the best products and buy at a reasonable price to generate for their organization.

How to Pay

3 payment options are available

  •  
  1. Payment Plans: R22 000

7.1 – 1st Option

Full tuition fees upfront

Payable on 1st March

With 5% discount R20 900.00

7.2 – 2nd Option

Payment option in two instalments

1.     Before or on 31ST March

60% R13 200.00

2.     Before or on 31st October

40% R8 800.00

7.3 – 3rd Option

10 monthly instalments under Laduma Academy’s Debit order system

Instalment amount

R2 200.00

First Instalment

Payable by 1ST March

Instalments for 9 remaining months

Payable by the 1st of every month until beginning of December

Banking details for payment

Please find the banking details to which the payments are to be made

  • Bank Name: Nedbank
  • Account Name: Laduma Training Academy (PTY)LTD
  • Account type: Current account
  • Account number: 1233296809
  • Branch code: 198765

Please use your id no: as reference while making payment.

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