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Career and Education Opportunities for Wholesale Buyers in Miami, Florida

Wholesale buyers can find both educational opportunities and jobs in the Miami, Florida area. Currently, 8,280 people work as wholesale buyers in Florida. This is expected to grow by 16% to about 9,570 people by 2016. 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.

The income of a wholesale buyer is about $24 hourly or $50,070 per year on average in Florida. In the U.S. as a whole, their income is about $23 hourly or $48,710 annually on average. Wholesale buyers earn less than people working in the category of Representation generally in Florida and less than people in the Representation category nationally. Wholesale buyers work in a variety of jobs, including: procurement specialist, gold buyer, and purchasing agent.

There are three schools within twenty-five miles of Miami where you can study to be a wholesale buyer, among ninety-eight schools of higher education total in the Miami area. 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

The Art Institute of Fort Lauderdale Inc - Fort Lauderdale, FL

The Art Institute of Fort Lauderdale Inc, 1799 SE 17th St, Fort Lauderdale, FL 33316-3000. The Art Institute of Fort Lauderdale Inc is a small school located in Fort Lauderdale, Florida. It is a private for-profit school with primarily 4-year or above programs. It has 3,071 students and an admission rate of 52%. The Art Institute of Fort Lauderdale Inc has a bachelor's degree program in Fashion Merchandising which graduated four students in 2008.

AI Miami International University of Art and Design - Miami, FL

AI Miami International University of Art and Design, 1501 Biscayne Boulevard, Miami, FL 33132-1418. AI Miami International University of Art and Design is a small university located in Miami, Florida. It is a private for-profit school with primarily 4-year or above programs. It has 3,120 students and an admission rate of 41%. AI Miami International University of Art and Design has an associate's degree and a bachelor's degree program in Fashion Merchandising which graduated twenty-five and thirty-seven students respectively in 2008.

Johnson & Wales University-Florida Campus - North Miami, FL

Johnson & Wales University-Florida Campus, 1701 NE 127th St, North Miami, FL 33181. Johnson & Wales University-Florida Campus is a small university located in North Miami, Florida. It is a private not-for-profit school with primarily 4-year or above programs. It has 1,918 students and an admission rate of 63%. Johnson & Wales University-Florida Campus has an associate's degree and a bachelor's degree program in Fashion Merchandising which graduated fourteen and one students respectively in 2008.

LOCATION INFORMATION: Miami, Florida

Miami, Florida
Miami, Florida photo by Averette

Miami is located in Miami-Dade County, Florida. It has a population of over 413,201, which has grown by 14.0% in the past ten years. The cost of living index in Miami, 140, is far greater than the national average. New single-family homes in Miami cost $273,500 on average, which is near the state average. In 2008, thirty-seven new homes were built in Miami, down from seventy-three the previous year.

The three big industries for women in Miami are health care, accommodation and food services, and educational services. For men, it is construction, accommodation and food services, and administrative and support and waste management services. The average travel time to work is about 28 minutes. More than 16.2% of Miami residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 7.7%, is lower than the state average.

The unemployment rate in Miami is 12.5%, which is greater than Florida's average of 11.3%.

The percentage of Miami residents that are affiliated with a religious congregation, 39.6%, is less than both the national and state average. Church of Resurrection, Church of the Ascension and Church of the Incarnation are all churches located in Miami. The most prominent religious groups are the Catholic Church, the Southern Baptist Convention and the Seventh-Day Adventist Church.

Miami is home to the Edison West Little River Neighborhood Center and the Miamarina South Pier Light as well as Belle Meade Park and 54th Street Mini Park. Shopping malls in the area include Central Shopping Center, Northside Mall and Northside Shopping Center. Visitors to Miami can choose from AmeriSuites Miami / Kendall, Four Seasons Hotel Miami and Airways Airport Inn & Suites for temporary stays in the area.