Career and Education Opportunities for Wholesale Buyers in Las Vegas, Nevada
There are many career and education opportunities for wholesale buyers in the Las Vegas, Nevada area. About 1,360 people are currently employed as wholesale buyers in Nevada. By 2016, this is expected to grow by 41% to about 1,910 people employed. 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. 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.
A person working as a wholesale buyer can expect to earn about $23 hourly or $47,880 yearly on average in Nevada and about $23 per hour or $48,710 yearly on average in the U.S. as a whole. Wholesale buyers earn less than people working in the category of Representation generally in Nevada and less than people in the Representation category nationally. People working as wholesale buyers can fill a number of jobs, such as: retail buyer, jobber, and purchasing specialist.
The Las Vegas area is home to nineteen schools of higher education, including one within twenty-five miles of Las Vegas where you can get a degree as a wholesale buyer. The most common level of education for wholesale buyers is some college courses. 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
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
College of Southern Nevada - Las Vegas, NV
College of Southern Nevada, 6375 W. Charleston Blvd., Las Vegas, NV 89146-1164. College of Southern Nevada is a large college located in Las Vegas, Nevada. It is a public school with primarily 4-year or above programs and has 27,035 students. College of Southern Nevada has an associate's degree program in Sales, Distribution, and Marketing Operations which graduated two students in 2008.
LOCATION INFORMATION: Las Vegas, Nevada
Las Vegas is located in Clark County, Nevada. It has a population of over 558,383, which has grown by 16.7% over the last ten years. The cost of living index in Las Vegas, 91, is below the national average. New single-family homes in Las Vegas are priced at $111,300 on average, which is far less than the state average. In 2008, 1,085 new homes were constructed in Las Vegas, down from 2,356 the previous year.
The top three industries for women in Las Vegas are accommodation and food services, arts, entertainment, and recreation, and health care. For men, it is construction, accommodation and food services, and arts, entertainment, and recreation. The average commute to work is about 25 minutes. More than 18.2% of Las Vegas residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 6.5%, is higher than the state average.
The unemployment rate in Las Vegas is 13.3%, which is greater than Nevada's average of 12.6%.
The percentage of Las Vegas residents that are affiliated with a religious congregation, 36.2%, is less than the national average but more than the state average. The most common religious groups are the Catholic Church, the LDS (Mormon) Church and the Southern Baptist Convention.
Las Vegas is home to the Tule Springs and the Union Pacific Station as well as Jaycee Park and Dexter Park. Shopping centers in the area include Spanish Oaks Shopping Center, Wonderland East Shopping Center and Shadow Hills Shopping Center. Visitors to Las Vegas can choose from Doubletree Club Las Vegas, The Las Vegas Gambler and MGM Grand Hotel Casino-The City of Entertainment - Human Resources for temporary stays in the area.