Buyers, also known as purchasing agents, work in many different fields. Some common businesses that hire buyers are retail stores, grocery stores, car dealerships, and many others. Buyers work is both mentally and physically challenging. Not only do they have to have very extensive knowledge of the business, they also need to know what kind of products need to be bought. Aside from the mental aspect, buyers often have to physically travel to pick up the items they are buying. They usually work indoors although some types of buyers such as car dealerships would have cars outside in the lot to choose from. Buyers often work with public relations or sellers from other companies. Most buyers have a Bachelors Degree in Business Administration or Management, but some have a degree in their field such as Fashion, etc.Most buyers work regular Monday-Friday hours when other businesses are open. Their typical day includes taking inventory, figuring out what needs to be purchased, and finding out where and what to purchase. Sometimes buyers are required to go out of town to get what they need and might work weekends.

The role of a Buyer in Canada is projected to experience substantial growth in the market over the next 10 years. According to the latest data points gathered by Google, the demand for Buyers is expected to increase, creating a significant number of employment opportunities. Nonetheless, it is apparent that the Buyer position is set to witness strong growth, making it a promising career choice for individuals seeking employment in the Canadian market.

How to Learn

As a Buyer with 0-3 years of experience in Canada, your main responsibilities include:<ul><li> Source and evaluate potential suppliers, negotiate contracts, and secure cost-effective and high-quality products or services.</li><li> Monitor inventory levels, anticipate demand, and place orders to ensure timely delivery and avoid stockouts.</li><li> Collaborate with internal teams, such as production, logistics, and finance, to forecast and plan procurement needs.</li><li> Conduct market research to stay updated on industry trends, identify new suppliers, and explore cost-saving opportunities.</li></ul>

Roles & Responsibilities

Average take home Salary for a Buyer in Canada is around $39963 per year

Salary Breakup

Buyers, also referred to by the name of purchasing agents are employed in a variety of areas. The most common companies that employ buyers include grocery stores, retail stores, dealerships for cars, and a myriad of other industries. Buyers' work is physically and mentally demanding. They not only have to be knowledgeable of their business, but they must also know the kind of items that need to be purchased. In addition to the psychological aspect, buyers are often required to travel physically to get the goods they purchase. They typically work inside, although certain types of buyers, such as dealerships for cars would have vehicles outside to pick from. Buyers usually collaborate with public relations or sales representatives from other businesses. The majority of buyers hold a Bachelors degree in Business Administration or Management, however, some may have a degree in their area of expertise, such as Fashion, for instance.

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Buyer

Salary Breakup

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