Will Wholesale and Retail Buyers be replaced by AI & Robots?

Key findings

GenAI is set to enhance the role of Wholesale and Retail Buyers by streamlining tasks like market analysis and data entry.

While it won’t revolutionize the profession, it will improve efficiency in areas such as decision-making and system optimization.

This technology will assist in tasks like writing product descriptions and analyzing consumer trends, allowing professionals to focus on strategic decision-making and customer interactions.

How could AI or automation replace or complement job activities?

In the field of purchasing goods for resale to consumers, AI or automation could potentially enhance efficiency in tasks like analyzing sales trends or managing inventory.

However, the human touch remains crucial in negotiating deals, understanding customer preferences, and making strategic decisions.

For instance, in selecting eco-friendly products for retail, AI could assist in research but human judgment is essential in assessing quality and market demand.

Job description

Selects and purchases items for resale to customers at wholesale or retail stores. Examines past sales data and product quality to make informed decisions. Places orders and handles payments based on agreements. May meet with sales staff and introduce new products. May also negotiate contracts. This job includes assisting with buying for wholesale and retail stores.