Merchandise Procurement Coordinator Overview
Required Education and Training To Become a Merchandise Procurement Coordinator
Best Schools to become a Merchandise Procurement Coordinator in U.S. 2024
Fashion Institute of Technology
In-State Tuition:$7,170
Out-of-State Tuition:$21,692
Admission Rate:53%
Graduation Rate:83%
Total Enrollment:8,125
CUNY Bernard M Baruch College
In-State Tuition:$6,930
Out-of-State Tuition:$14,880
Admission Rate:50%
Graduation Rate:74%
Total Enrollment:19,854
New York University
In-State Tuition:$55,384
Out-of-State Tuition:$55,384
Admission Rate:12%
Graduation Rate:87%
Total Enrollment:59,144
Texas A & M University-College Station
In-State Tuition:$8,815
Out-of-State Tuition:$36,239
Admission Rate:63%
Graduation Rate:84%
Total Enrollment:74,014
Kent State University at Kent
In-State Tuition:$11,218
Out-of-State Tuition:$20,132
Admission Rate:88%
Graduation Rate:65%
Total Enrollment:25,854
West Chester University of Pennsylvania
In-State Tuition:$7,716
Out-of-State Tuition:$19,290
Admission Rate:88%
Graduation Rate:72%
Total Enrollment:17,275
Merchandise Procurement Coordinator Job Description:
- Buy merchandise or commodities, other than farm products, for resale to consumers at the wholesale or retail level, including both durable and nondurable goods.
- Analyze past buying trends, sales records, price, and quality of merchandise to determine value and yield.
- Select, order, and authorize payment for merchandise according to contractual agreements.
- May conduct meetings with sales personnel and introduce new products.
- May negotiate contracts.
- Includes assistant wholesale and retail buyers of nonfarm products.
Required Skills and Competencies To Become a Merchandise Procurement Coordinator
Job Duties for Merchandise Procurement Coordinators
Buy merchandise or commodities for resale to wholesale or retail consumers.
Examine, select, order, or purchase merchandise consistent with quality, quantity, specification requirements, or other factors, such as environmental soundness.
Negotiate prices, discount terms, or transportation arrangements with suppliers.
Technologies and Skills Used by Merchandise Procurement Coordinators
Enterprise resource planning ERP software
- Oracle JD Edwards EnterpriseOne
- SAP software
Point of sale POS software
- Plexis Software Plexis POS
- Windward Software Windward System Five
Presentation software
- Microsoft PowerPoint
Basic Skills
- Listening to others, not interrupting, and asking good questions
- Talking to others
Problem Solving
- Noticing a problem and figuring out the best way to solve it
Social
- Bringing people together to solve differences
- Talking people into changing their minds or their behavior