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Occupation information for

Wholesale and Retail Buyers, Except Farm Products
District Of Columbia

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description

Buy merchandise or commodities, other than farm products, for resale to consumers at the wholesale or retail level, including both durable and nondurable goods. Analyze past buying trends, sales records, price, and quality of merchandise to determine value and yield. Select, order, and authorize payment for merchandise according to contractual agreements. May conduct meetings with sales personnel and introduce new products. Includes assistant wholesale and retail buyers of nonfarm products.

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details

Currently Employed: 90

Projected Annual Job Openings: 0

Typical Hourly Wage: $17.13 - $32.47

Typical Annual Salary: $35,600 - $67,600

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typical training

Typical education needed for entry: High school diploma or equivalent

Typical work experience needed for a job in this occupation: None

Typical on-the-job training once you have a job in this occupation: Long-term on-the-job training

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typical job duties

  • Use computers to organize and locate inventory, and operate spreadsheet and word processing software.
  • Negotiate prices, discount terms and transportation arrangements for merchandise.
  • Manage the department for which they buy.
  • Confer with sales and purchasing personnel to obtain information about customer needs and preferences.
  • Examine, select, order, and purchase at the most favorable price merchandise consistent with quality, quantity, specification requirements and other factors.
  • Monitor and analyze sales records, trends, or economic conditions to anticipate consumer buying patterns and determine what the company will sell and how much inventory is needed.
  • Set or recommend mark-up rates, mark-down rates, and selling prices for merchandise.
  • Train or supervise sales or clerical staff.
  • Authorize payment of invoices or return of merchandise.
  • Interview and work closely with vendors to obtain and develop desired products.

tools & technology


Tools:
  • Desktop calculator
  • Desktop computers
  • Personal computers
  • Point of sale POS terminal

Technology:
  • Enterprise resource planning ERP software
  • Materials requirements planning logistics and supply chain software
  • Point of sale POS software
  • Procurement software
  • Project management software

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