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Career and Education Opportunities for Wholesale Buyers in Westminster, Colorado

If you want to be a wholesale buyer, the Westminster, Colorado area offers many opportunities both for education and employment. About 2,010 people are currently employed as wholesale buyers in Colorado. By 2016, this is expected to grow by 15% to 2,310 people employed. This is better than the nation as a whole, where employment opportunities for wholesale buyers are expected to shrink by about 2.2%. 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 approximately $23 per hour or $48,670 yearly on average in Colorado. Nationally they average about $23 per hour or $48,710 yearly. 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: buy boat operator, merchandise manager, and wholesale and retail merchant.

The Westminster area is home to sixty-four schools of higher education, including five within twenty-five miles of Westminster where you can get a degree as a wholesale buyer. Wholesale buyers usually hold some college courses, so it will take a short time to learn to be 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

Westwood College-Denver North - Denver, CO

Westwood College-Denver North, 7350 N Broadway, Denver, CO 80221. Westwood College-Denver North is a medium sized college located in Denver, Colorado. It is a private for-profit school with primarily 4-year or above programs. It has 5,843 students and an admission rate of 99%. Westwood College-Denver North has a bachelor's degree program in Fashion Merchandising which graduated eight students in 2008.

Johnson & Wales University-Denver - Denver, CO

Johnson & Wales University-Denver, 7150 Montview Blvd, Denver, CO 80220. Johnson & Wales University-Denver is a small university located in Denver, Colorado. It is a private not-for-profit school with primarily 4-year or above programs. It has 1,454 students and an admission rate of 76%. Johnson & Wales University-Denver has 2 areas of study related to Wholesale Buyer. They are:

  • Sales, Distribution, and Marketing Operations, associate's degree and bachelor's degree which graduated five and three students respectively in 2008.
  • Fashion Merchandising, associate's degree which graduated 11 students in 2008.

Westwood College-Denver South - Denver, CO

Westwood College-Denver South, 3150 S Sheridan Blvd, Denver, CO 80227. Westwood College-Denver South is a small college located in Denver, Colorado. It is a private for-profit school with primarily 4-year or above programs. It has 404 students and an admission rate of 98%. Westwood College-Denver South has a bachelor's degree program in Fashion Merchandising which graduated four students in 2008.

The Art Institute of Colorado - Denver, CO

The Art Institute of Colorado, 1200 Lincoln Street, Denver, CO 80203-2983. The Art Institute of Colorado is a small school located in Denver, Colorado. It is a private for-profit school with primarily 4-year or above programs. It has 3,069 students and an admission rate of 45%. The Art Institute of Colorado has a bachelor's degree program in Apparel and Accessories Marketing Operations.

Arapahoe Community College - Littleton, CO

Arapahoe Community College, 5900 S. Santa Fe Dr., Littleton, CO 80160-9002. Arapahoe Community College is a medium sized college located in Littleton, Colorado. It is a public school with primarily 2-year programs and has 7,088 students. Arapahoe Community College has a less than one year program in Sales, Distribution, and Marketing Operations which graduated three 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: Westminster, Colorado

Westminster, Colorado
Westminster, Colorado photo by Nyttend

Westminster is located in Adams County, Colorado. It has a population of over 107,056, which has grown by 6.1% over the last ten years. The cost of living index in Westminster, 96, is near the national average. New single-family homes in Westminster are valued at $376,500 on average, which is far greater than the state average. In 2008, sixty-two new homes were built in Westminster, down from one hundred forty-six the previous year.

The three most popular industries for women in Westminster are health care, educational services, and professional, scientific, and technical services. For men, it is construction, professional, scientific, and technical services, and computer and electronic products. The average travel time to work is about 27 minutes. More than 31.3% of Westminster residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 9.3%, is lower than the state average.

The unemployment rate in Westminster is 6.2%, which is less than Colorado's average of 6.6%.

The percentage of Westminster residents that are affiliated with a religious congregation, 30.4%, is less than both the national and state average. The most prominent religious groups are the Catholic Church, the LDS (Mormon) Church and the Lutheran Church.

Westminster is home to the The Golf Courses at Hyland Hills and the The Plaza at Westminster. Visitors to Westminster can choose from Comfort Suites, LA Quinta - Inns- Westminster Mall and Doubletree Hotel Denver Boulder for temporary stays in the area.