What does a wholesale buyer do?
Wholesale buyer responsibilities
Here are examples of responsibilities from real wholesale buyer resumes:
- Coordinate and provide direction to inventory teams by managing product placement, open-to-buy, and logistics.
- Evaluate sales records and inventory levels to determine appropriate product requirements for a wide variety of automotive and industrial commodities.
- Originate BOM structure for production operations.
Wholesale buyer skills and personality traits
We calculated that 64% of Wholesale Buyers are proficient in Wholesale Purchase, Market Trends, and Retail Sales.
We break down the percentage of Wholesale Buyers that have these skills listed on their resume here:
- Wholesale Purchase, 64%
Managed all wholesale purchases for retail sales while working within a budget.
- Market Trends, 20%
Appraised vehicles based on current market trends, MMR, NADA, and Black Book values.
- Retail Sales, 16%
Attained new vendors generating better margins to increase retail sales profitability by 15%.
"wholesale purchase," "market trends," and "retail sales" are among the most common skills that wholesale buyers use at work. You can find even more wholesale buyer responsibilities below, including:
The three companies that hire the most wholesale buyers are:
- Performance Food Group2 wholesale buyers jobs
- Famous Supply1 wholesale buyers jobs
- French Connection
1 wholesale buyers jobs
Compare different wholesale buyers
Wholesale buyer vs. Purveyor
A merchandise planner is responsible for monitoring the adequacy of stock inventories and requesting purchase orders by researching current market trends to meet customer demands. Merchandise planners assist with marketing campaigns and promotional offers of the business, selling goods and services to the customers based on their needs and budget requirements. They also write sales reports, inspect the validity of merchandise, and maintain an attractive visual display of items. A merchandise planner resolves and escalates customer complaints timely, processes replacements, and issues refunds as needed.
While similarities exist, there are also some differences between wholesale buyers and purveyor. For instance, wholesale buyer responsibilities require skills such as "wholesale purchase," "international business," "market trends," and "retail sales." Whereas a purveyor is skilled in "food products," "hand inventory," "placement process," and "computer system." This is part of what separates the two careers.
The education levels that purveyors earn slightly differ from wholesale buyers. In particular, purveyors are 1.1% less likely to graduate with a Master's Degree than a wholesale buyer. Additionally, they're 1.1% less likely to earn a Doctoral Degree.Wholesale buyer vs. Merchandise planner
Assistant merchandise buyers are skilled employees who are responsible for assisting other buyers and managers in purchasing products and maintaining the inventory of their store. These buyers must maintain positive relationships with vendors so that they can negotiate product specifications and prices of merchandise. They must prepare budgets and purchase orders so that they can purchase items and ensure on-time delivery of goods. Assistant merchandise buyers must also perform forecasts on their purchasing trends while compiling reports on the performance and statistics of their existing products.
While some skills are similar in these professions, other skills aren't so similar. For example, resumes show us that wholesale buyer responsibilities requires skills like "wholesale purchase," "international business," "retail sales," and "vehicle inventory." But a merchandise planner might use other skills in their typical duties, such as, "gross margin," "strong analytical," "math," and "historical data."
Merchandise planners earn a higher average salary than wholesale buyers. But merchandise planners earn the highest pay in the retail industry, with an average salary of $66,788. Additionally, wholesale buyers earn the highest salaries in the hospitality with average pay of $51,048 annually.merchandise planners earn higher levels of education than wholesale buyers in general. They're 6.5% more likely to graduate with a Master's Degree and 1.1% less likely to earn a Doctoral Degree.Wholesale buyer vs. Assistant merchandise buyer
Some important key differences between the two careers include a few of the skills necessary to fulfill the responsibilities of each. Some examples from wholesale buyer resumes include skills like "wholesale purchase," "international business," "retail sales," and "vehicle inventory," whereas an assistant merchandise buyer is more likely to list skills in "apparel," "kids," "purchase orders," and "math. "
Assistant merchandise buyers earn the highest salary when working in the retail industry, where they receive an average salary of $44,678. Comparatively, wholesale buyers have the highest earning potential in the hospitality industry, with an average salary of $51,048.When it comes to education, assistant merchandise buyers tend to earn similar degree levels compared to wholesale buyers. In fact, they're 3.4% more likely to earn a Master's Degree, and 0.9% more likely to graduate with a Doctoral Degree.Wholesale buyer vs. Associate merchandise buyer
Even though a few skill sets overlap between wholesale buyers and associate merchandise buyers, there are some differences that are important to note. For one, a wholesale buyer might have more use for skills like "wholesale purchase," "international business," "retail sales," and "vehicle inventory." Meanwhile, some responsibilities of associate merchandise buyers require skills like "customer service," "open-to-buy," "product line," and "system tools. "
In general, associate merchandise buyers hold similar degree levels compared to wholesale buyers. Associate merchandise buyers are 4.4% more likely to earn their Master's Degree and 1.1% less likely to graduate with a Doctoral Degree.Types of wholesale buyer
Updated January 8, 2025