62101 - Retail and wholesale buyers
Broad Occupation Category
6 – Sales and service occupations
TEER
2
Major Group
62 – Retail sales and service supervisors and specialized sales and service occupations
Sub-major Group
621 – Technical sales specialists in wholesale trade and retail and wholesale buyers
Minor Group
6210 – Technical sales specialists in wholesale trade and retail and wholesale buyers
Main Duties
Retail and wholesale buyers perform some or all of the following duties:
- Purchase merchandise for resale by retail or wholesale establishments
- Review requirements of establishments and determine quantity and type of merchandise to purchase
- Study market reports, trade periodicals, and sales promotion materials and visit trade shows, showrooms, factories, and product design establishments
- Select and purchase merchandise which best fits the establishment's requirements
- Interview suppliers and negotiate prices, discounts, credit terms, and transportation arrangements
- Oversee distribution of merchandise to any outlets and maintain adequate stock levels
- Establish and maintain contact with suppliers
Employment Requirements
These are the typical employment requirements and benefits associated with this occupation in Canada:
- A university degree or college diploma in business, marketing, or a related field is usually required
- Several years of experience as a retail salesperson, supervisor, or in a related retail occupation are required
- Previous experience as a buyer's academic or trainee may be required for certain specialized product lines
- Strong analytical, negotiation, and decision-making skills are essential
Retail and Wholesale Buyers Salary Prospects
NOC 62101 — Retail and wholesale buyers
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