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Department store buyers are responsible for purchasing the goods and products that are sold in stores. These products can range from clothing and accessories to sporting goods and furniture. Buyers must find the best products for the lowest prices. Specific duties include evaluating inventory, researching new suppliers and traveling to trade shows. Overtime work is common and an assertive personality is necessary to negotiate prices with vendors.
Buyers need years' experience and a bachelor's degree in a business or fashion field is preferred. Additionally, voluntary certification is available. Strong communication and negotiation skills and the ability to meet deadlines are needed for this career.
According to the data gathered by the U. According to the U. Bureau of Labor Statistics BLS , a high school diploma is the minimum educational requirement for working as a retail buyer. However, those who wish to advance to management positions must hold at least a bachelor's degree. A degree is also required for certain voluntary certifications. Individuals can pursue a bachelor's degree program in business, retail, fashion or a related field.
Students in these programs take courses in sales, management, merchandising, marketing, buying and selling. While a degree in business provides students with the necessary skills to work as buyers, a fashion or retail degree features courses in visual merchandising, fashion trends, fashion inventory and apparel merchandising. While pursuing a degree, students can work part-time in a retail position to gain experience.
Retail experience is beneficial in understanding the industry and is required for employment as a buyer. Before being offered a buyer position, entry-level graduates may need to work as assistant buyers. Workers in this position assist a buyer in the purchasing process.
Duties can vary depending on the department store and employer, but common duties include managing the flow of samples, sending out purchase orders and coordinating logistics with buyers. In preparation for a career as a buyer, assistant buyers develop their skills by learning about the industry and how to communicate with other professionals in the field.
Assistant buyers also have the opportunity to develop fundamental knowledge of purchasing goods, negotiating prices, managing time and solving problems.
Several professional organizations offer certification for non-management purchasing agents. The BLS states that five years of experience is typically the minimum requirement for moving into purchasing management positions. Experienced buyers can advance to assistant purchasing manager positions and gain additional experience and on-the-job training. Senior management positions include supply manager and purchasing manager. Those who hold a bachelor's degree and have at least three years of management experience qualify to earn the Certified Professional in Supply Management credential.
Aspiring department store buyers should consider enrolling in a bachelor's degree program in fashion, retail or business and should acquire several years of relevant experience. Find out how to become a yacht broker. Research the education and training requirements, and learn about the experience you A Bachelor of Arts in Merchandising program is designed for high school graduates with an interest in fashion who want to Buyers have a unique opportunity to combine their natural people skills with research and analytics abilities.
They need to analyze variables like quality, price and shipping to determine the best deal. Interpersonal skills play a significant role, too. Building and maintaining relationships with vendors is one of the best ways a buyer can score significant savings for their company. Employers want buyers who know their company and customers inside and out.
Your existing experience will give you an instant leg up on other buyers according to Pynes. Buyers with business or accounting education also have more opportunities to move into related management positions, according to the BLS. Other relevant training for buyers goes beyond a four-year degree.
The Institute for Supply Management and the American Purchasing Society are just two organizations that offer certification for purchasing professionals. You can earn certification through taking exams, having work experience and acquire the required education. Now you know how to become a buyer and how it could be the next step in a long career. Buyers are perfectly placed to move into management positions in their company by becoming purchasing managers, supply managers or directors of materials management.
They also typically have the opportunity to work in planning, production and even marketing, according to the BLS. Now you know what it takes to launch your new career as a retail buyer. The next move is yours. This data does not represent starting salaries. Earn a Bachelor's Degree According to the U. Gain Experience as an Assistant Buyer or Purchasing Agent Before being offered a buyer position, entry-level graduates may need to work as assistant buyers.
Advance to a Management Position The BLS states that five years of experience is typically the minimum requirement for moving into purchasing management positions.
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With your pre-existing knowledge of your company’s needs and the retail industry, becoming a buyer just makes sense. We’ve turned to industry experts and government statistics to pinpoint the three things you need to join this growing field and become a successful buyer. Step 2: Gain Experience as an Assistant Buyer or Purchasing Agent. Before being offered a buyer position, entry-level graduates may need to work as assistant buyers. Workers in this position assist a buyer in the purchasing process. Mar 21, · Take business, math, and accounting courses if you can. These skills will help you be a successful buyer. Also engage in any activities that will help you develop your interpersonal skills such as working on group projects, joining a club or organization, volunteering, or becoming involved in %(12).