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”
- Provide clerks with information to print on price tags, such as price, mark-ups or mark-downs, manufacturer number, season code, or style number.
- Recommend mark-up rates, markdown rates, or merchandise selling prices.
- Inspect merchandise or products to determine quality, value, or yield.
- Identify opportunities to buy green commodities, such as alternative energy, water, or carbon-neutral products for resale to consumers.
- Buy merchandise or commodities for resale to wholesale or retail consumers.
- Determine which products should be featured in advertising, the advertising medium to be used, or when the ads should be run.
- Collaborate with vendors to obtain or develop desired products.
- Monitor consumer preferences or environmental trends to determine the best way to introduce new green 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.
- 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.
- Negotiate prices, discount terms, or transportation arrangements with suppliers.
- Analyze environmental aspects of competing merchandise when making buying decisions.
- Develop strategies to advertise green products or merchandise to consumers.
- Obtain information about customer needs or preferences by conferring with sales or purchasing personnel.
- Train or supervise sales or clerical staff.
- Consult with store or merchandise managers about budgets or goods to be purchased.
- Compare transportation options to determine the most energy efficient options.
- Conduct sales meetings to introduce new merchandise.
Related Technology & Tools
- Desktop computers
- 10-key calculators
- Point of sale POS systems
- Personal computers
- Web browser software
- Inventory control systems
- Microsoft Project
- Oracle JD Edwards EnterpriseOne
- Kliger-Weiss Infosystems
- Microsoft Internet Explorer
- Microsoft Excel
- Project management software
- JDA Software Group Assortment Planning by Arthur
- Windward Software Windward System Five
- POSitive Software POSitive for Windows
- Contact management software
- Enterprise risk management software ERMS
- Microsoft PowerPoint
- Microsoft Outlook
- Spreadsheet software
- Microsoft Access
- Biztrak Business Solutions Biztrak
- Materials requirement planning MRP software
- Infor Supply Chain Management
- Plexis Software Plexis POS
- Enterprise resource planning ERP software
- Email software
- Presentation software
- Microsoft Word
- Microsoft Office
- Product development management software
- Advanced Retail Management Systems Retail Pro
- Word processing software
- Claritas ConsumerPoint
- Eclipse IDE
- Millennium Software Atrex
- JDA Software Group Advanced Warehouse Replenishment by E3
- Point of sale POS software
- Oracle Advanced Procurement
- Intuit QuickBooks
- Scheduling software
- Sourcing Simulator
- Graphics software
- Accounting software
- SAP POS Data Management
- Oracle PeopleSoft Enterprise Supply Planning Multi-Site Material Planner
- Sage ERP Accpac
- Specialized Business Solutions Keystroke POS
- CAM Commerce Solutions Retail STAR Point of Sale POS