Career and Education Opportunities for Wholesale Buyers in Raleigh, North Carolina
Wholesale buyers can find both educational opportunities and jobs in the Raleigh, North Carolina area. There are currently 2,970 working wholesale buyers in North Carolina; this should grow 4% to 3,100 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.
A person working as a wholesale buyer can expect to earn about $22 per hour or $46,280 yearly on average in North Carolina and about $23 hourly or $48,710 per year on average in the U.S. as a whole. Compared with people working in the overall category of Representation, people working as wholesale buyers in North Carolina earn less. They earn less than people working in the overall category of Representation nationally. Wholesale buyers work in a variety of jobs, including: assistant merchandise buyer, tradesman, and assistant buyer.
The Raleigh area is home to twenty-nine schools of higher education, including two within twenty-five miles of Raleigh where you can get a degree as a wholesale buyer. 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
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 Raleigh 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 Raleigh-Durham - Durham, NC
The Art Institute of Raleigh-Durham, 410 Blackwell St, Ste 200, Durham, NC 27701. The Art Institute of Raleigh-Durham is a small school located in Durham, North Carolina. It is a private for-profit school with primarily 4-year or above programs. It has 120 students and an admission rate of 48%. The Art Institute of Raleigh-Durham has an associate's degree and a bachelor's degree program in Apparel and Accessories Marketing Operations.
Meredith College - Raleigh, NC
Meredith College, 3800 Hillsborough St, Raleigh, NC 27607-5298. Meredith College is a small college located in Raleigh, North Carolina. It is a private not-for-profit school with primarily 4-year or above programs. It has 2,250 students and an admission rate of 69%. Meredith College has a bachelor's degree program in Fashion Merchandising.
LOCATION INFORMATION: Raleigh, North Carolina
Raleigh is located in Wake County, North Carolina. It has a population of over 392,552, which has grown by 42.2% over the last ten years. The cost of living index in Raleigh, 88, is well below the national average. New single-family homes in Raleigh are valued at $217,600 on average, which is far greater than the state average. In 2008, 1,685 new homes were built in Raleigh, down from 3,224 the previous year.
The top three industries for women in Raleigh are educational services, health care, and accommodation and food services. For men, it is construction, professional, scientific, and technical services, and accommodation and food services. The average commute to work is about 22 minutes. More than 44.9% of Raleigh residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 14.4%, is higher than the state average.
The unemployment rate in Raleigh is 7.2%, which is less than North Carolina's average of 10.6%.
The percentage of Raleigh residents that are affiliated with a religious congregation, 43.8%, is less than both the national and state average. Highland Church, Hillcrest Church and Wake Chapel are all churches located in Raleigh. The most prominent religious groups are the Southern Baptist Convention, the Catholic Church and the United Methodist Church.
Raleigh is home to the North Ridge Country Club and the Pamlico Junction as well as Carl Alwin Schenck Memorial Forest and Rothgeb Park. Visitors to Raleigh can choose from Hampton Inn - Capital Blvd. North, Best Western Raleigh Inn and Diamond Hospitality Inc for temporary stays in the area.