Will “Resident Buyer” be Replaced By Robots? 🤔
29% Chance of Automation
“Resident Buyer” 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
- 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
- Head of Merchandise Buying
- Gold Buyer
- Fur Buyer
- Fashion Buyer
- Contracts Specialist
- Commodity Manager
- Commodity Buyer
- Category Development Manager
- Buyer Assistant
- Art Dealer
Tasks for “Resident Buyer”
- Consult with store or merchandise managers about budgets or goods to be purchased.
- Authorize payment of invoices or return of merchandise.
- 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.
- 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.
- Examine, select, order, or purchase merchandise consistent with quality, quantity, specification requirements, or other factors, such as environmental soundness.
- Buy merchandise or commodities for resale to wholesale or retail consumers.
- Monitor competitors' sales activities by following their advertisements in newspapers or other media.
- Provide clerks with information to print on price tags, such as price, mark-ups or mark-downs, manufacturer number, season code, or style number.
- Identify opportunities to buy green commodities, such as alternative energy, water, or carbon-neutral products for resale to consumers.
- Conduct sales meetings to introduce new merchandise.
- Collaborate with vendors to obtain or develop desired products.
- Develop strategies to advertise green products or merchandise to consumers.
- Inspect merchandise or products to determine quality, value, or yield.
- Obtain information about customer needs or preferences by conferring with sales or purchasing personnel.
- Analyze environmental aspects of competing merchandise when making buying decisions.
- Monitor consumer preferences or environmental trends to determine the best way to introduce new green products.
- Negotiate prices, discount terms, or transportation arrangements with suppliers.
- Recommend mark-up rates, markdown rates, or merchandise selling prices.
- Train or supervise sales or clerical staff.
Related Technology & Tools
- Personal computers
- 10-key calculators
- Point of sale POS systems
- Desktop computers
- JDA Software Group Assortment Planning by Arthur
- JDA Software Group Advanced Warehouse Replenishment by E3
- Microsoft Access
- POSitive Software POSitive for Windows
- Inventory control systems
- Product development management software
- Project management software
- Contact management software
- SAP POS Data Management
- Presentation software
- Advanced Retail Management Systems Retail Pro
- CAM Commerce Solutions Retail STAR Point of Sale POS
- Spreadsheet software
- Microsoft Outlook
- Infor Supply Chain Management
- Scheduling software
- Intuit QuickBooks
- Claritas ConsumerPoint
- Word processing software
- Enterprise risk management software ERMS
- Microsoft Internet Explorer
- Oracle PeopleSoft Enterprise Supply Planning Multi-Site Material Planner
- Graphics software
- Microsoft Office
- Microsoft Excel
- Enterprise resource planning ERP software
- Biztrak Business Solutions Biztrak
- Eclipse IDE
- Plexis Software Plexis POS
- Kliger-Weiss Infosystems
- Microsoft PowerPoint
- Windward Software Windward System Five
- Sage ERP Accpac
- Web browser software
- Microsoft Word
- Accounting software
- Point of sale POS software
- Oracle Advanced Procurement
- Email software
- Sourcing Simulator
- Millennium Software Atrex
- Microsoft Project
- Oracle JD Edwards EnterpriseOne
- Specialized Business Solutions Keystroke POS
- Materials requirement planning MRP software