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