Career and Education Opportunities for Wholesale Buyers in Nashville-Davidson, Tennessee
There is a wide variety of career and education opportunities for wholesale buyers in the Nashville-Davidson, Tennessee area. There are currently 2,060 working wholesale buyers in Tennessee; this should grow by 1% to about 2,090 working wholesale buyers in the state by 2016. 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. 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 $20 hourly or $41,740 per year on average in Tennessee. In the U.S. as a whole, their income is about $23 per hour or $48,710 yearly on average. Wholesale buyers earn less than people working in the category of Representation generally in Tennessee and less than people in the Representation category nationally. Jobs in this field include: mechandiser, merchandise manager, and trader.
There are five schools within twenty-five miles of Nashville-Davidson where you can study to be a wholesale buyer, among fifty schools of higher education total in the Nashville-Davidson area. The most common level of education for wholesale buyers is some college courses. You can expect to spend a short time training to become 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
Lipscomb University - Nashville, TN
Lipscomb University, One University Park Drive, Nashville, TN 37204-3951. Lipscomb University is a small university located in Nashville, Tennessee. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,054 students and an admission rate of 75%. Lipscomb University has a bachelor's degree program in Fashion Merchandising which graduated one student in 2008.
International Academy of Design and Technology - Nashville, TN
International Academy of Design and Technology, One Bridgestone Park, Nashville, TN 37214. International Academy of Design and Technology is a small school located in Nashville, Tennessee. It is a private for-profit school with primarily 4-year or above programs and has 709 students. International Academy of Design and Technology has an associate's degree and a bachelor's degree program in Fashion Merchandising which graduated twenty-nine and eight students respectively in 2008.
Middle Tennessee State University - Murfreesboro, TN
Middle Tennessee State University, 1301 East Main Street, Murfreesboro, TN 37132. Middle Tennessee State University is a large university located in Murfreesboro, Tennessee. It is a public school with primarily 4-year or above programs. It has 23,872 students and an admission rate of 65%. Middle Tennessee State University has a bachelor's degree program in Fashion Merchandising.
The Art Institute of Tennessee-Nashville - Nashville, TN
The Art Institute of Tennessee-Nashville, 100 Centerview Drive, Suite 250, Nashville, TN 37214-3439. The Art Institute of Tennessee-Nashville is a small school located in Nashville, Tennessee. It is a private for-profit school with primarily 4-year or above programs. It has 499 students and an admission rate of 49%. The Art Institute of Tennessee-Nashville has a bachelor's degree program in Apparel and Accessories Marketing Operations.
O'More College of Design - Franklin, TN
O'More College of Design, 423 S Margin St, Franklin, TN 37064. O'More College of Design is a small college located in Franklin, Tennessee. It is a private not-for-profit school with primarily 4-year or above programs. It has 170 students and an admission rate of 37%. O'More College of Design has a bachelor's degree program in Fashion Merchandising which graduated thirteen students in 2008.
LOCATION INFORMATION: Nashville-Davidson, Tennessee
Nashville-Davidson is located in Williamson County, Tennessee. It has a population of over 596,462, which has grown by 9.3% over the last ten years. The cost of living index in Nashville-Davidson, 86, is well below the national average. New single-family homes in Nashville-Davidson are priced at $196,100 on average, which is well above the state average. In 2008, 1,483 new homes were constructed in Nashville-Davidson, down from 3,070 the previous year.
The three big industries for women in Nashville-Davidson are health care, educational services, and accommodation and food services. For men, it is construction, health care, and professional, scientific, and technical services. The average travel time to work is about 23 minutes. More than 29.7% of Nashville-Davidson residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 10.0%, is higher than the state average.
The percentage of Nashville-Davidson residents that are affiliated with a religious congregation, 55.2%, is more than both the national and state average. The most common religious groups are the Southern Baptist Convention, the Catholic Church and the United Methodist Church.