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Career and Education Opportunities for Wholesale Buyers in Grand Rapids, Michigan

There are many career and education opportunities for wholesale buyers in the Grand Rapids, Michigan area. There are currently 4,270 working wholesale buyers in Michigan; this should shrink 1% to 4,240 working wholesale buyers in the state 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%. 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.

Wholesale buyers earn about $23 per hour or $49,080 per year on average in Michigan and about $23 per hour or $48,710 yearly on average nationally. Compared with people working in the overall category of Representation, people working as wholesale buyers in Michigan earn less. They earn less than people working in the overall category of Representation nationally. Jobs in this field include: department manager, merchandise worker, and jobber.

There is one school within twenty-five miles of Grand Rapids where you can study to be a wholesale buyer, among nineteen schools of higher education total in the Grand Rapids area. Wholesale buyers usually hold some college courses, so you can expect to spend a short time studying 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.

Similar jobs with educational opportunities in Grand Rapids include:

  • Agent. Represent and promote artists, performers, and athletes to prospective employers. May handle contract negotiation and other business matters for clients.

EDUCATIONAL OPPORTUNITIES: Wholesale Buyer Training

Grand Rapids Community College - Grand Rapids, MI

Grand Rapids Community College, 143 Bostwick Ave NE, Grand Rapids, MI 49503-3295. Grand Rapids Community College is a large college located in Grand Rapids, Michigan. It is a public school with primarily 2-year programs and has 15,403 students. Grand Rapids Community College has 2 areas of study related to Wholesale Buyer. They are:

  • Sales, Distribution, and Marketing Operations, one to two year and associate's degree which graduated one and six students respectively in 2008.
  • Fashion Merchandising, associate's degree which graduated 4 students in 2008.

LICENSES

Cigarette Wholesaler, Secondary Wholesaler/ Unclass Acquirer

Licensing agency: Michigan Department of Treasury
Address: Tobacco Tax Unit, Customer Contact Unit, PO Box 30748, Lansing, MI 48909-5172

Phone: None
Website: Michigan Department of Treasury Tobacco Tax Unit Customer Contact Unit

LOCATION INFORMATION: Grand Rapids, Michigan

Grand Rapids, Michigan
Grand Rapids, Michigan photo by Grguy2011

Grand Rapids is located in Kent County, Michigan. It has a population of over 193,396, which has shrunk by 2.2% over the last ten years. The cost of living index in Grand Rapids, 81, is well below the national average. New single-family homes in Grand Rapids cost $98,700 on average, which is far less than the state average. In 2008, forty-three new homes were built in Grand Rapids, down from ninety-two the previous year.

The three most popular industries for women in Grand Rapids are health care, educational services, and accommodation and food services. For men, it is construction, transportation equipment, and educational services. The average travel time to work is about 19 minutes. More than 23.8% of Grand Rapids residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 8.0%, is lower than the state average.

The unemployment rate in Grand Rapids is 15.4%, which is greater than Michigan's average of 14.3%.

The percentage of Grand Rapids residents that are affiliated with a religious congregation, 52.9%, is more than both the national and state average. Church of Jesus Christ, Immanuel Church and Trinity Church are among the churches located in Grand Rapids. The most prominent religious groups are the Catholic Church, the Christian Reformed Church in North America and the Reformed Church in America.

Grand Rapids is home to the Kent Country Club and the Walker Juvenile Court as well as Comstock Riverside Park and Richmond Park. Visitors to Grand Rapids can choose from Hampton Inn Grand Rapids, Hampton Inn Grand Rapids/North- Mi and Hampton Inn Fax for temporary stays in the area.