AccountancyBusiness and administration associate professionalsISCO 3324
wholesale merchant
Wholesale merchants investigate potential wholesale buyers and suppliers and match their needs. They conclude trades involving large quantities of goods.
About wholesale merchant
As a wholesale merchant, you will be the critical link between manufacturers and retailers, identifying and evaluating potential suppliers and buyers to match their needs with suitable products and partners. Your day-to-day responsibilities include conducting market research, assessing supplier reliability, negotiating large-scale purchase and sales contracts, and monitoring international market trends to identify emerging opportunities. You will maintain detailed financial records, manage transport logistics, and build long-term business relationships that drive profitability for your organization. Why this matters: wholesale merchants are essential to the functioning of supply chains across industries, ensuring that goods flow efficiently from producers to end markets while optimizing costs and managing risks. The Polish market is growing in importance as a regional logistics hub, creating strong demand for professionals who can navigate complex international transactions and understand local consumer goods trends.
Key Work Functions
Core areas of responsibility for a wholesale merchant.
1
Supplier and Buyer Identification
- Research and evaluate potential wholesale suppliers based on product quality, pricing, and reliability
- Assess supplier risks including financial stability, compliance with regulations, and production capacity
- Identify new customer segments and business opportunities through market analysis and networking
2
Contract Negotiation and Management
- Negotiate buying conditions and sales contracts with suppliers and customers to achieve favorable terms
- Comprehend and apply financial business terminology to ensure contracts protect organizational interests
- Monitor contract performance and ensure all parties meet agreed obligations
3
Market Research and Analysis
- Monitor international market performance and trends to identify competitive advantages and pricing strategies
- Analyze consumer goods industry trends and gather competitive intelligence
- Identify customer needs through direct communication and market data analysis
4
Logistics and Transport Planning
- Plan and coordinate transport operations to optimize delivery times and reduce logistics costs
- Initiate contact with freight forwarders and logistics providers to secure best rates
5
Financial Record Maintenance
- Maintain accurate financial records of all transactions including purchases, sales, and commissions
- Track profit margins and analyze financial performance of deals
6
Relationship Building
- Build and maintain long-term business relationships with key suppliers and buyers
- Conduct regular follow-up communications to ensure customer satisfaction and identify repeat business opportunities
European Skills Framework
Skills and knowledge areas required for this occupation based on European classification.
Essential (19)
consumer goods industryconsumer goods industryThe consumer goods industry refers to a concrete economic sector that produce and sell goods to consumers for they direct consumption, enjoyment or use. Industry that covers a wide range of activities...product comprehensionproduct comprehensionThe offered products, their functionalities, properties and legal and regulatory requirements.sales strategiessales strategiesThe principles concerning customer behaviour and target markets with the aim of promotion and sales of a product or a service.identify suppliersidentify suppliersDetermine potential suppliers for further negotiation. Take into consideration aspects such as product quality, sustainability, local sourcing, seasonality and coverage of the area. Evaluate the likel...monitor international market performancemonitor international market performanceContinuously monitor the international market performance by staying up-to-date with trade media and trends.initiate contact with sellersinitiate contact with sellersIdentify sellers of commodities and establish contact.identify customer's needsidentify customer's needsUse appropriate questions and active listening in order to identify customer expectations, desires and requirements according to product and services.negotiate sales contractsnegotiate sales contractsCome to an agreement between commercial partners with a focus on terms and conditions, specifications, delivery time, price etc.comprehend financial business terminologycomprehend financial business terminologyGrasp the meaning of basic financial concepts and terms used in businesses and financial institutions or organisations.assess supplier risksassess supplier risksEvaluate supplier performance in order to assess if suppliers follow the agreed contracts, meet the standard requirements and provide the desired quality.initiate contact with buyersinitiate contact with buyersIdentify buyers of commodities and establish contact.have computer literacyhave computer literacyUtilise computers, IT equipment and modern day technology in an efficient way.identify new business opportunitiesidentify new business opportunitiesPursue potential customers or products in order to generate additional sales and ensure growth.negotiate sale of commoditiesnegotiate sale of commoditiesDiscuss client's requirements for buying and selling commodities and negotiate their sale and purchase in order to obtain the most beneficial agreement.build business relationshipsbuild business relationshipsEstablish a positive, long-term relationship between organisations and interested third parties such as suppliers, distributors, shareholders and other stakeholders in order to inform them of the orga...plan transport operationsplan transport operationsPlan mobility and transport for different departments, in order to obtain the best possible movement of equipment and materials. Negotiate the best possible delivery rates; compare different bids and ...maintain financial recordsmaintain financial recordsKeep track of and finalise all formal documents representing the financial transactions of a business or project.negotiate buying conditionsnegotiate buying conditionsNegotiate terms such as price, quantity, quality, and delivery terms with vendors and suppliers in order to ensure the most beneficial buying conditions.perform market researchperform market researchGather, assess and represent data about target market and customers in order to facilitate strategic development and feasibility studies. Identify market trends.
Optional (54)
pharmaceutical productspharmaceutical productsThe offered pharmaceutical products, their functionalities, properties and legal and regulatory requirements.chemical productschemical productsThe offered chemical products, their functionalities, properties and legal and regulatory requirements.agricultural raw materials, seeds and animal feed productsagricultural raw materials, seeds and animal feed productsThe offered agricultural raw materials, seeds and animal feed products, their functionalities, properties and legal and regulatory requirements.textile industry machinery productstextile industry machinery productsThe offered textile industry machinery products, their functionalities, properties and legal and regulatory requirements.e-procuremente-procurementThe functioning and methods used to manage electronic purchases.waste managementwaste managementThe methods, materials and regulations used to collect, transport, treat and dispose of waste. This includes recycling and monitoring of waste disposal. It excludes procedures related to waste inciner...sales activitiessales activitiesThe supply of goods, sale of goods and the related financial aspects. The supply of goods entails the selection of goods, import and transfer. The financial aspect includes the processing of purchasin...clothing and footwear productsclothing and footwear productsThe offered clothing and footwear products, their functionalities, properties and legal and regulatory requirements.electronic and telecommunication equipmentelectronic and telecommunication equipmentThe offered electronic and telecommunication equipment and products, their functionalities, properties and legal and regulatory requirements.types of aircrafttypes of aircraftThe various types of aircraft, their functionalities, properties and legal and regulatory requirements.office equipmentoffice equipmentThe offered office machinery and equipment products, its functionalities, properties and legal and regulatory requirements.tobacco productstobacco productsThe varieties of products that can be manufactured using tobacco leaves as a base. The types of tobacco products which are smoked tobacco products, smokeless tobacco products, and byproducts of tobacc...agricultural equipmentagricultural equipmentThe offered agricultural machinery and equipment products, their functionalities, properties and legal and regulatory requirements.types of maritime vesselstypes of maritime vesselsVarious types of maritime vessels such as container ships, passenger ships and fishing vessels, and their characteristics and specifications, security, technical, and maintenance requirements.export control principlesexport control principlesThe restrictions a country imposes on its exported products and goods.dairy and edible oil productsdairy and edible oil productsThe offered dairy products and edible oil products, their functionalities, properties and legal and regulatory requirements.fish, crustacean and mollusc productsfish, crustacean and mollusc productsThe offered fish, crustacean and mollusc products, their functionalities, properties and legal and regulatory requirements.sugar, chocolate and sugar confectionery productssugar, chocolate and sugar confectionery productsThe offered sugar, chocolate and sugar confectionery products, their functionalities, properties and legal and regulatory requirements.machinery productsmachinery productsThe offered machinery products their functionalities, properties and legal and regulatory requirements.hides, skins and leather productshides, skins and leather productsThe offered hides, skins and leather products, their functionalities, properties and legal and regulatory requirements.furniture, carpet and lighting equipment productsfurniture, carpet and lighting equipment productsThe offered furniture, carpet and lighting equipment products, their functionalities, properties and legal and regulatory requirements.meat and meat productsmeat and meat productsThe offered meat and meat products, their properties and legal and regulatory requirements.hardware, plumbing and heating equipment productshardware, plumbing and heating equipment productsThe offered hardware, plumbing and heating equipment products, their functionalities, properties and legal and regulatory requirements.beverage productsbeverage productsThe offered beverage products, their functionalities, properties and legal and regulatory requirements.computer equipmentcomputer equipmentThe offered computers, computer peripheral equipment and software products, their functionalities, properties and legal and regulatory requirements.fruit and vegetable productsfruit and vegetable productsThe offered fruit and vegetable products, their functionalities, properties and legal and regulatory requirements.electrical household appliances productselectrical household appliances productsThe offered electrical household appliances products, their functionalities, properties and legal and regulatory requirements.industrial toolsindustrial toolsThe tools and equipment used for industrial purposes, both power and hand tools, and their various uses.debt systemsdebt systemsThe processes needed to obtain goods or services before payment and when a sum of money is owed or overdue.waste and scrap productswaste and scrap productsThe offered waste and scrap products, their functionalities, properties and legal and regulatory requirements.watches and jewellery productswatches and jewellery productsThe offered watches and jewellery products, their functionalities, properties and legal and regulatory requirements.wood productswood productsThe various wood products such as lumber and furniture, their functionalities, properties and legal and regulatory requirements.perfume and cosmetic productsperfume and cosmetic productsThe offered perfume and cosmetic products, their functionalities, properties and legal and regulatory requirements.mining, construction and civil engineering machinery productsmining, construction and civil engineering machinery productsThe offered mining, construction and civil engineering machinery products, their functionalities, properties and legal and regulatory requirements.supply chain principlessupply chain principlesCharacteristics, operations and resources involved in moving a product or service from supplier to the customer.commercial lawcommercial lawThe legal regulations that govern a specific commercial activity.coffee, tea, cocoa and spice productscoffee, tea, cocoa and spice productsThe offered coffee, tea, cocoa and spice products, their functionalities, properties and legal and regulatory requirements.office furniture productsoffice furniture productsThe offered office furniture products, its functionalities, properties and legal and regulatory requirements.electronic communicationelectronic communicationData communication performed through digital means such as computers, telephone or e-mail.household productshousehold productsThe offered household products or goods, their functionalities, properties and legal and regulatory requirements.flower and plant productsflower and plant productsThe offered flower and plant products, their functionalities, properties and legal and regulatory requirements.machine toolsmachine toolsThe offered machine tools and products, their functionalities, properties and legal and regulatory requirements.glassware productsglassware productsThe offered china glassware and other glassware products such as cups and vases, their functionalities, properties and legal and regulatory requirements.maintain relationship with customersmaintain relationship with customersBuild a lasting and meaningful relationship with customers in order to ensure satisfaction and fidelity by providing accurate and friendly advice and support, by delivering quality products and servic...manage storage operationsmanage storage operationsSelect and manage suitable storage area for the traded goods.visit suppliersvisit suppliersVisit local or international suppliers to get an accurate understanding of their services and report back to clients on that basis.speak different languagesspeak different languagesMaster foreign languages to be able to communicate in one or more foreign languages.apply strategic thinkingapply strategic thinkingApply generation and effective application of business insights and possible opportunities, in order to achieve competitive business advantage on a long-term basis.meet deadlinesmeet deadlinesEnsure operative processes are finished at a previously agreed-upon time.handle cargo space on salehandle cargo space on saleHandle cargo spaces on sale, which can include both buying and selling cargo space on ships for commodities handled.tolerate stresstolerate stressMaintain a temperate mental state and effective performance under pressure or adverse circumstances.metal and metal ore productsmetal and metal ore productsThe offered metal and metal ore products, their functionalities, properties and legal and regulatory requirements.live animal productslive animal productsThe offered live animal products, their specificity and legal and regulatory requirements.textile products, textile semi-finished products and raw materialstextile products, textile semi-finished products and raw materialsThe offered textile products, textile semi-finished products and raw materials, their functionalities, properties and legal and regulatory requirements.
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Quick Facts
SectorAccountancy
ISCO GroupBusiness and administration associate professionals
Essential Skills19
Core Skills0