Retail and wholesale buyers

This group performs some or all of the following duties:

• Purchase merchandise for resale by retail or wholesale establishments

• Review requirements of establishment and determine quantity and type of merchandise to purchase

• Study market reports, trade periodicals and sales promotion materials and visit trade shows, showrooms, factories and product design events

• Select the merchandise which best fits the establishment's requirements

• Interview suppliers and negotiate prices, discounts, credit terms and transportation arrangements

• Oversee distribution of merchandise to outlets and maintain adequate stock levels

• Establish and maintain contact with suppliers

• May supervise the work of other retail buyers.

• Retail and wholesale buyers may specialize in a particular merchandise line.

• Completion of secondary school is required.

• A university degree or college diploma in business, marketing or a related program is usually required.

• Previous work experience in retail or wholesale establishments is usually required.

• Retail and wholesale buyers may specialize through experience or product-related training courses.

• Progression to management positions in retail trade, sales, marketing or advertising is possible with additional training or experience.