Buyers buy goods and services for use or resale on behalf of industrial, commercial, government or other establishments and organizations.
Skill level:
Skilled
Check your Wage
- The majority of Buyers earn a salary between $2,213 and $7,970 per month in 2024.
- A monthly wage for entry-level Buyers ranges from $2,213 to $4,845.
- After gaining 5 years of work experience, their income will be between $2,512 and $5,607 per month.
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Tasks and duties
- Determining or negotiating contract terms and conditions, awarding supplier contracts or recommending contract awards for the purchase of equipment, raw materials, products, services and merchandise for resale
- Obtaining information about requirements and stock and developing specifications for quantity and quality to be purchased, costs, delivery dates and other contract conditions
- Purchasing general and specialized equipment, materials or business services for use or for further processing by their establishment
- Inviting tenders, consulting with suppliers and reviewing quotations
- Purchasing merchandise for resale by retail or wholesale establishments
- Studying market reports, trade periodicals and sales promotion materials and visiting trade shows, showrooms, factories and product design events
- Selecting the merchandise or products that best fit the establishment's requirements
- Interviewing suppliers and negotiating prices, discounts, credit terms and transportation arrangements
- Overseeing distribution of merchandise to outlets and maintaining adequate stock levels
- Establishing delivery schedules, monitoring progress and contacting clients and suppliers to resolve problems