Similar careers
Similarity is based on what people in the careers do, what they know, and what they are called. The process of establishing similarity lists is described in this white paper.
A Wholesale Buyer is a professional responsible for purchasing products or commodities in large quantities from manufacturers or suppliers for resale to retailers or other businesses. They play a critical role in supply chain management and inventory control.
Education: Bachelor's degree
Years in related career: None
On-the-job training: Moderate-term
Projected Growth: Unknown
Annual job openings: 52 200
Direct AI exposure: 10% of tasks
Potential AI exposure: 70% of tasks
| Income data is from Employment and Social Development Canada's 2025 wage tables. The closest match for this career in Canada’s occupational classification system is Retail and Wholesale Buyers. According to the wage tables, average income is $62K per year. | ||||
|---|---|---|---|---|
| Bottom 10% | Bottom 25% | Median (average) | Top 25% | Top 10% |
| $40K per year | $47K per year | $62K per year | $80K per year | $100K per year |
| Compared to other careers: Median is $2.6K below the national average. | ||||
Wholesale Buyers typically work in an office environment within retail, manufacturing, or wholesale trade industries. Their role often involves travel to meet suppliers, attend trade shows, or visit manufacturing sites.
Wholesale Buyers are pivotal in ensuring that the right products are available in the market at the right time. They must possess a keen understanding of market trends, consumer preferences, and product quality to make informed purchasing decisions. This role requires them to stay abreast of industry changes, anticipate consumer needs, and adjust their buying strategies accordingly.
Negotiation is a significant part of a Wholesale Buyer's job, requiring excellent communication and interpersonal skills to secure favorable terms. They must balance cost efficiency with quality, ensuring that the products they purchase meet certain standards and price points to satisfy both their clients and end consumers.
Wholesale Buyers also play a vital role in relationship management, both with suppliers and within their own organizations. They need to collaborate closely with various departments, including sales, marketing, and logistics, to ensure a smooth and efficient supply chain.
A bachelor's degree in business, supply chain management, or a related field is commonly required. Experience in retail or sales can be advantageous.
Similarity is based on what people in the careers do, what they know, and what they are called. The process of establishing similarity lists is described in this white paper.
