# Competences — wholesale merchant in hardware, plumbing and heating equipment and supplies Source: ESCO v1.2.1 occupation-skill relations (http://data.europa.eu/esco/occupation/a5a4e4d6-e705-4b38-96b5-225f8ab01f2c). ## Essential - **assess supplier risks** (skill/competence) - **build business relationships** (skill/competence) - **comprehend financial business terminology** (skill/competence) - **hardware, plumbing and heating equipment products** (knowledge) - **have computer literacy** (skill/competence) - **identify customer's needs** (skill/competence) - **identify new business opportunities** (skill/competence) - **identify suppliers** (skill/competence) - **initiate contact with buyers** (skill/competence) - **initiate contact with sellers** (skill/competence) - **maintain financial records** (skill/competence) - **monitor international market performance** (skill/competence) - **negotiate buying conditions** (skill/competence) - **negotiate sale of commodities** (skill/competence) - **negotiate sales contracts** (skill/competence) - **perform market research** (skill/competence) - **plan transport operations** (skill/competence) - **product comprehension** (knowledge) - **sales strategies** (knowledge) - **vertical markets** (knowledge) ## Optional