Wholesale Manager Career Description
A wholesale manager manages the range the activities in a wholesale firm. It can vary from hiring wholesale workers, building relationships with suppliers, distributors, and manufacturers, and managing the inventory in the wholesale supply chain. The aim of the wholesale manager is to increase the inventory turnover as improved inventory turnover leads to greater profitability of the firm. Candidates who want to become wholesale managers should have rich experience in retail and wholesale buying and selling industry and a management degree in wholesale supply chain management will be preferable. Candidates should also possess good organizational, leadership, and management skills to run the wholesale firm effectively.
Wholesale Manager Job Career Description
- A wholesale manager oversees the effective functioning of all the activities in a wholesale firm ranging from buying materials at the least cost, stocking them in the wholesale store, and selling them to valuable customers.
- A wholesale manager should therefore coordinate all the activities with various wholesale professionals. He should hire staff for various positions, train them, and inspire them to increase their productively and sales targets.
- A wholesale manager should have good knowledge of products that are in high demand in the locality, know their competitors, and the least cost suppliers. He should maintain well trained staff who can help to increase selling of inventory.
Wholesale Manager Career Salary
Candidates who want to become wholesales managers can find many opportunities to work in this position, particularly in sectors like beauty supplies, auto or car dealership, retail or wholesale distribution firms, women’s apparel, oil and gas, etc. Candidates who have 5-9 years of experience would be preferred for the role of a wholesales manager. According to the salary estimates by National Salary data and released by Pay Scale, the annual compensation of a wholesales manager ranges from $27,000 to $78,000 with the median salary being $54,000 per year approximately.
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