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Career and Education Opportunities for Wholesale Buyers in Fort Collins, Colorado

For those living in the Fort Collins, Colorado area, there are many career and education opportunities for wholesale buyers. Currently, 2,010 people work as wholesale buyers in Colorado. This is expected to grow by 15% to about 2,310 people by 2016. This is better than the national trend for wholesale buyers, which sees this job pool shrinking by about 2.2% over the next eight years. Wholesale buyers generally buy merchandise or commodities, other than farm products, for resale to consumers at the wholesale or retail level, including both durable and nondurable goods.

Wholesale buyers earn about $23 hourly or $48,670 per year on average in Colorado and about $23 hourly or $48,710 yearly on average nationally. Incomes for wholesale buyers are not quite as good as in the overall category of Representation in Colorado, and not quite as good as the overall Representation category nationally. Wholesale buyers work in a variety of jobs, including: trader, purchasing coordinator, and associate merchandise buyer.

There are eleven schools of higher education in the Fort Collins area, including one within twenty-five miles of Fort Collins where you can get a degree to start your career as a wholesale buyer. Given that the most common education level for wholesale buyers is some college courses, you can expect to spend a short time training to become a wholesale buyer if you already have a high school diploma.

CAREER DESCRIPTION: Wholesale Buyer

Wholesale Buyer video from the State of New Jersey Dept. of Labor and Workforce Development

In general, wholesale buyers buy merchandise or commodities, other than farm products, for resale to consumers at the wholesale or retail level, including both durable and nondurable goods. They also analyze past buying trends, sales records, and quality of merchandise to determine value and yield.

Wholesale buyers examine orders, and purchase products consistent with quality, quantity, specification requirements, and other factors. They also set or recommend mark-up rates, mark-down rates, and selling prices for products. Equally important, wholesale buyers have to interview and work closely with vendors to obtain and design desired products. They are often called upon to negotiate prices, discount terms, and transportation arrangements for products. Finally, wholesale buyers talk with sales and purchasing personnel to obtain data related to customer needs and preferences.

Every day, wholesale buyers are expected to be able to articulate ideas and problems. They need to think through problems and come up with general rules. It is also important that they listen to and understand others in meetings.

It is important for wholesale buyers to analyze and monitor sales records, trends and economic conditions to anticipate consumer buying patterns and decide on what the company will sell and how much inventory is needed. They are often called upon to use computers to organize and locate inventory, and operate spreadsheet and word processing software. They also conduct staff meetings with sales personnel to introduce new products. They are sometimes expected to inspect products or products to establish value or yield. Somewhat less frequently, wholesale buyers are also expected to authorize payment of invoices or return of products.

Wholesale buyers sometimes are asked to train and supervise sales and clerical staff. and furnish clerks with data to print on price tags, such as price, mark-ups or mark-downs and style number. And finally, they sometimes have to examine orders, and purchase products consistent with quality, quantity, specification requirements, and other factors.

Like many other jobs, wholesale buyers must have exceptional integrity and be able to deal with stress and deal with situations calmly.

EDUCATIONAL OPPORTUNITIES: Wholesale Buyer Training

Colorado State University - Fort Collins, CO

Colorado State University, 102 Administration Building, Fort Collins, CO 80523-0100. Colorado State University is a large university located in Fort Collins, Colorado. It is a public school with primarily 4-year or above programs. It has 27,796 students and an admission rate of 86%. Colorado State University has a bachelor's degree program in Apparel and Textile Marketing Management which graduated ninety-four students in 2008.

LICENSES

Dealer &/or Commodity Handler

Licensing agency: Colorado Department of Agriculture
Address: ICS, Farm Products, 1331 W. 31st Avenue, Denver, CO 80211-3859

Phone: (303) 477-0054
Website: Colorado Department of Agriculture ICS, Farm Products

Farm Products Dealer

Licensing agency: Colorado Department of Agriculture
Address: ICS, Farm Products, 1331 W. 31st Avenue, Denver, CO 80211-3859

Phone: (303) 477-0054
Website: Colorado Department of Agriculture ICS, Farm Products

LOCATION INFORMATION: Fort Collins, Colorado

Fort Collins, Colorado
Fort Collins, Colorado photo by Citycommunications

Fort Collins is located in Larimer County, Colorado. It has a population of over 136,509, which has grown by 15.0% in the past ten years. The cost of living index in Fort Collins, 91, is below the national average. New single-family homes in Fort Collins are valued at $216,000 on average, which is below the state average. In 2008, two hundred sixty-seven new homes were built in Fort Collins, down from four hundred eight the previous year.

The three big industries for women in Fort Collins are educational services, health care, and accommodation and food services. For men, it is educational services, construction, and professional, scientific, and technical services. The average travel time to work is about 19 minutes. More than 48.4% of Fort Collins residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 18.4%, is higher than the state average.

The unemployment rate in Fort Collins is 6.3%, which is less than Colorado's average of 6.6%.

The percentage of Fort Collins residents that are affiliated with a religious congregation, 39.3%, is less than the national average but more than the state average. The most common religious groups are the Catholic Church, the Assemblies of God and the LDS (Mormon) Church.

Visitors to Fort Collins can choose from Carousel Properties, AmericInn Motel & Suites Fort Collins and Hampton Inn Ft. Collins for temporary stays in the area.