Career and Education Opportunities for Wholesale Buyers in Charlotte, North Carolina
There is a wide variety of career and education opportunities for wholesale buyers in the Charlotte, North Carolina area. There are currently 2,970 jobs for wholesale buyers in North Carolina and this is projected to grow 4% to about 3,100 jobs 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 approximately $22 per hour or $46,280 annually on average in North Carolina. 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 North Carolina, and not quite as good as the overall Representation category nationally. Jobs in this field include: merchandise manager, assistant merchandise buyer, and purchasing coordinator.
There are forty-three schools of higher education in the Charlotte area, including two within twenty-five miles of Charlotte where you can get a degree to start your career 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.
Similar jobs with educational opportunities in Charlotte 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
The Art Institute of Charlotte - Charlotte, NC
The Art Institute of Charlotte, Three Lakepointe Plaze, 2110 Water Ridge Parkway, Charlotte, NC 28217-4536. The Art Institute of Charlotte is a small school located in Charlotte, North Carolina. It is a private for-profit school with primarily 4-year or above programs. It has 1,141 students and an admission rate of 47%. The Art Institute of Charlotte has an associate's degree and a bachelor's degree program in Apparel and Accessories Marketing Operations which graduated fifteen and thirty-two students respectively in 2008.
Johnson & Wales University-Charlotte - Charlotte, NC
Johnson & Wales University-Charlotte, Academic Center, 801 West Trade Street, Charlotte, NC 28202. Johnson & Wales University-Charlotte is a small university located in Charlotte, North Carolina. It is a private not-for-profit school with primarily 4-year or above programs. It has 2,436 students and an admission rate of 63%. Johnson & Wales University-Charlotte has an associate's degree program in Fashion Merchandising which graduated seventeen students in 2008.
LOCATION INFORMATION: Charlotte, North Carolina
Charlotte is located in Mecklenburg County, North Carolina. It has a population of over 687,456, which has grown by 27.1% over the last ten years. The cost of living index in Charlotte, 86, is well below the national average.
The three big industries for women in Charlotte are health care, finance and insurance, and educational services. For men, it is construction, finance and insurance, and professional, scientific, and technical services. The average commute to work is about 25 minutes. More than 36.4% of Charlotte residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 10.5%, is higher than the state average.
The unemployment rate in Charlotte is 9.7%, which is less than North Carolina's average of 10.6%.
The percentage of Charlotte residents that are affiliated with a religious congregation, 48.0%, is less than the national average but more than the state average. New Hampton Church, New Emmanuel Church and New East Stonewall Church are all churches located in Charlotte. The largest religious groups are the Southern Baptist Convention, the Catholic Church and the United Methodist Church.
Charlotte is home to the Crown Point Plaza and the Providence Square as well as Kilborne District Park and Little Rock Road District Park. Shopping malls in the area include Heckinger Shopping Center, Hampshire Hills Shopping Center and Providence Village Shopping Center. Visitors to Charlotte can choose from American Motel, Extended Stay America - Charlotte/Tyvola and Drury Inn and Suites Charlotte for temporary stays in the area.