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Career and Education Opportunities for Wholesale Buyers in Richardson, Texas

Wholesale buyers can find both educational opportunities and jobs in the Richardson, Texas area. Currently, 11,380 people work as wholesale buyers in Texas. This is expected to grow 5% to about 11,980 people 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 $24 hourly or $50,990 per year on average in Texas. Nationally they average about $23 per hour or $48,710 per year. Earnings for wholesale buyers are not quite as good as earnings in the general category of Representation in Texas and not quite as good as general Representation category earnings nationally. Wholesale buyers work in a variety of jobs, including: tie buyer, contracts specialist, and assistant buyer.

There are six schools within twenty-five miles of Richardson where you can study to be a wholesale buyer, among seventy-seven schools of higher education total in the Richardson area. Wholesale buyers usually hold some college courses, so 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

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 Richardson 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

Brookhaven College - Farmers Branch, TX

Brookhaven College, 3939 Valley View Ln, Farmers Branch, TX 75244-4997. Brookhaven College is a large college located in Farmers Branch, Texas. It is a public school with primarily 2-year programs and has 11,173 students. Brookhaven College has a one to two year and an associate's degree program in Apparel and Accessories Marketing Operations which graduated zero and one students respectively in 2008.

El Centro College - Dallas, TX

El Centro College, 801 Main, Dallas, TX 75202-3604. El Centro College is a medium sized college located in Dallas, Texas. It is a public school with primarily 2-year programs and has 8,114 students. El Centro College has a one to two year and an associate's degree program in Apparel and Accessories Marketing Operations which graduated one and four students respectively in 2008.

Northwood University - Cedar Hill, TX

Northwood University, 1114 W FM 1382, Cedar Hill, TX 75104-1204. Northwood University is a small university located in Cedar Hill, Texas. It is a private not-for-profit school with primarily 4-year or above programs. It has 864 students and an admission rate of 55%. Northwood University has an associate's degree and a bachelor's degree program in Fashion Merchandising which graduated six and zero students respectively in 2008.

University of North Texas - Denton, TX

University of North Texas, Chestnut Ave., Denton, TX 76203-1277. University of North Texas is a large university located in Denton, Texas. It is a public school with primarily 4-year or above programs. It has 34,795 students and an admission rate of 64%. University of North Texas has 3 areas of study related to Wholesale Buyer. They are:

  • Sales, Distribution, and Marketing Operations, bachelor's degree which graduated 4 students in 2008.
  • Merchandising and Buying Operations, postbaccalaureate certificate and master's degree which graduated zero and six students respectively in 2008.
  • Fashion Merchandising, bachelor's degree which graduated 1 student in 2008.

Collin County Community College District - Plano, TX

Collin County Community College District, 4800 Preston Park Blvd., Plano, TX 75093. Collin County Community College District is a large college located in Plano, Texas. It is a public school with primarily 2-year programs and has 21,000 students. Collin County Community College District has a less than one year and an associate's degree program in Sales, Distribution, and Marketing Operations which graduated two and six students respectively in 2008.

Texas Woman's University - Denton, TX

Texas Woman's University, 304 Administration Dr, Denton, TX 76201. Texas Woman's University is a large university located in Denton, Texas. It is a public school with primarily 4-year or above programs. It has 12,341 students and an admission rate of 56%. Texas Woman's University has a bachelor's degree and a doctor's degree program in Fashion Merchandising which graduated twenty-two and one students respectively in 2008.

LOCATION INFORMATION: Richardson, Texas

Richardson, Texas
Richardson, Texas photo by Infrogmation

Richardson is situated in Dallas County, Texas. It has a population of over 101,589, which has grown by 10.7% over the last ten years. The cost of living index in Richardson, 92, is below the national average. New single-family homes in Richardson are priced at $210,000 on average, which is well above the state average. In 2008, sixty-eight new homes were constructed in Richardson, down from one hundred forty-eight the previous year.

The top three industries for women in Richardson are educational services, professional, scientific, and technical services, and health care. For men, it is professional, scientific, and technical services, computer and electronic products, and construction. The average travel time to work is about 24 minutes. More than 47.7% of Richardson residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 16.2%, is higher than the state average.

The unemployment rate in Richardson is 7.2%, which is less than Texas's average of 8.1%.

The percentage of Richardson residents that are affiliated with a religious congregation, 55.1%, is more than the national average but less than the state average. Heights Baptist Church, Richardson East Baptist Church and Richland Bible Fellowship Church are some of the churches located in Richardson. The most prominent religious groups are the Catholic Church, the Southern Baptist Convention and the United Methodist Church.

Richardson is home to Canyon Creek Park and Berkner Park. Visitors to Richardson can choose from Comfort Inn, Best Western Dallas Telecom Area and Champ Restaurant Equipment Supplies for temporary stays in the area.