Will “Head of Merchandise Buying” be Replaced By Robots? 🤔
29% Chance of Automation
“Head of Merchandise Buying” will almost certainly not be replaced by robots.
This job is ranked #237 out of #702. A higher ranking (i.e., a lower number) means the job is less likely to be replaced.
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Job 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.
Job Details
- The SOC (Standard Occupational Classification) code is 13-1022.00
- The Mean Annual Wage in the U.S. is $ 60,040.00
- The Mean Hourly Wage is $ 28.00
- Currently, there are 109,440 people on this job
☝️ Information based on the reference occupation “Wholesale and Retail Buyers, Except Farm Products”.
Also Known As…
- Wholesale and Retail Buyers, Except Farm Products
- Trader
- Retail Buyer
- Purchasing Coordinator
- Purchaser
- Product Manager
- Procurement Specialist
- Merchandise Manager
- Grocery Buyer
- Category Manager
- Buyer
- Wholesale Buyer
- Wholesale and Retail Merchant
- Tradesman
- Tie Buyer
- Technical Buyer
- Sustainability Purchasing Agent
- Resident Buyer
- Purveyor
- Purchasing Specialist
- Procurement Manager
- Procurement Buyer
- Print Buyer
- Merchant
- Merchandise Planner
- Merchandise for Resale Purchasing Agent
- Merchandise Buyer
- Jobber
- Internal Wholesaler
- Importer Exporter
- Importer
- Gold Buyer
- Fur Buyer
- Fashion Buyer
- Contracts Specialist
- Commodity Manager
- Commodity Buyer
- Category Development Manager
- Buyer Assistant
- Art Dealer
Tasks for “Head of Merchandise Buying”
- Develop strategies to advertise green products or merchandise to consumers.
- Buy merchandise or commodities for resale to wholesale or retail consumers.
- Recommend mark-up rates, markdown rates, or merchandise selling prices.
- Monitor consumer preferences or environmental trends to determine the best way to introduce new green products.
- Provide clerks with information to print on price tags, such as price, mark-ups or mark-downs, manufacturer number, season code, or style number.
- Negotiate prices, discount terms, or transportation arrangements with suppliers.
- Obtain information about customer needs or preferences by conferring with sales or purchasing personnel.
- Identify opportunities to buy green commodities, such as alternative energy, water, or carbon-neutral products for resale to consumers.
- Inspect merchandise or products to determine quality, value, or yield.
- Collaborate with vendors to obtain or develop desired products.
- Monitor competitors' sales activities by following their advertisements in newspapers or other media.
- 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.
- Consult with store or merchandise managers about budgets or goods to be purchased.
- Analyze environmental aspects of competing merchandise when making buying decisions.
- Authorize payment of invoices or return of merchandise.
- Examine, select, order, or purchase merchandise consistent with quality, quantity, specification requirements, or other factors, such as environmental soundness.
- Determine which products should be featured in advertising, the advertising medium to be used, or when the ads should be run.
- Compare transportation options to determine the most energy efficient options.
- Train or supervise sales or clerical staff.
- Conduct sales meetings to introduce new merchandise.
Related Technology & Tools
- Point of sale POS systems
- Desktop computers
- 10-key calculators
- Personal computers
- SAP POS Data Management
- Microsoft Excel
- Point of sale POS software
- Graphics software
- Specialized Business Solutions Keystroke POS
- Microsoft PowerPoint
- Scheduling software
- Oracle Advanced Procurement
- CAM Commerce Solutions Retail STAR Point of Sale POS
- Inventory control systems
- Microsoft Project
- Windward Software Windward System Five
- Product development management software
- Plexis Software Plexis POS
- Spreadsheet software
- Oracle JD Edwards EnterpriseOne
- POSitive Software POSitive for Windows
- Eclipse IDE
- Word processing software
- Enterprise resource planning ERP software
- Microsoft Access
- Microsoft Office
- JDA Software Group Assortment Planning by Arthur
- Kliger-Weiss Infosystems
- JDA Software Group Advanced Warehouse Replenishment by E3
- Accounting software
- Advanced Retail Management Systems Retail Pro
- Oracle PeopleSoft Enterprise Supply Planning Multi-Site Material Planner
- Contact management software
- Infor Supply Chain Management
- Microsoft Internet Explorer
- Microsoft Word
- Sourcing Simulator
- Sage ERP Accpac
- Materials requirement planning MRP software
- Claritas ConsumerPoint
- Millennium Software Atrex
- Email software
- Enterprise risk management software ERMS
- Intuit QuickBooks
- Microsoft Outlook
- Biztrak Business Solutions Biztrak
- Presentation software
- Web browser software
- Project management software