423460 Ophthalmic Goods Merchant Wholesalers
6-digit U.S. detail
423460

Ophthalmic Goods Merchant Wholesalers

Description

This industry comprises establishments primarily engaged in the merchant wholesale distribution of professional equipment, instruments, and/or goods sold, prescribed, or used by ophthalmologists, optometrists, and opticians. Illustrative Examples: Binoculars merchant wholesalers Optometric equipment and supplies merchant wholesalers Ophthalmic frames merchant wholesalers Sunglasses merchant wholesalers Ophthalmic lenses merchant wholesalers

Hierarchy

CodeTitleDescription
42
Wholesale Trade
2-digit sector
The Sector as a Whole The Wholesale Trade sector comprises establishments engaged in wholesaling merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. The merchandise described in this sector includes the outputs of agriculture, mining, manufacturing, and certain information industries, such as publishing. The wholesaling process is an intermediate step in the distribution of merchandise. Wholesalers are organized to sell or arrange the purchase or sale of (a) goods for resale (i.e., goods sold to other wholesalers or retailers), (b) capital or durable nonconsumer goods, and (c) raw and intermediate materials and supplies used in production. Wholesalers sell merchandise to other businesses and normally operate from a warehouse or office. These warehouses and offices are characterized by having little or no display of merchandise. In addition, neither the design nor the location of the premises is intended to solicit walk-in traffic. Wholesalers do not normally use advertising directed to the general public. Customers are generally reached initially via telephone, in-person marketing, or by specialized advertising that may include Internet and other electronic means. Follow-up orders are either vendor-initiated or client-initiated, generally based on previous sales, and typically exhibit strong ties between sellers and buyers. In fact, transactions are often conducted between wholesalers and clients that have long-standing business relationships. This sector comprises two main types of wholesalers: merchant wholesalers that sell goods on their own account and agents and brokers that arrange sales and purchases for others generally for a commission or fee. (1) Establishments that sell goods on their own account are known as wholesale merchants, distributors, jobbers, drop shippers, and import/export merchants. Also included as wholesale merchants are sales offices and sales branches (but not retail stores) maintained by manufacturing, refining, or mining enterprises apart from their plants or mines for the purpose of marketing their products, and group purchasing organizations primarily purchasing and selling goods on their own account. Merchant wholesale establishments typically maintain their own warehouse, where they receive and handle goods for their customers. Goods are generally sold without transformation, but may include integral functions, such as sorting, packaging, labeling, and other marketing services. (2) Establishments arranging for the purchase or sale of goods owned by others or purchasing goods, generally on a commission basis are known as business-to-business electronic markets, agents and brokers, commission merchants, import/export agents and brokers, auction companies, group purchasing organizations (acting as agents), and manufacturers' representatives. These establishments operate from offices and generally do not own or handle the goods they sell. Some wholesale establishments may be connected with a single manufacturer and promote and sell the particular manufacturer's products to a wide range of other wholesalers or retailers. Other wholesalers may be connected to a retail chain, or limited number of retail chains, and only provide a variety of products needed by that particular retail operation(s). These wholesalers may obtain the products from a wide range of manufacturers. Still other wholesalers may not take title to the goods, but act as agents and brokers for a commission. Although, in general, wholesaling normally denotes sales in large volumes, durable nonconsumer goods may be sold in single units. Sales of capital or durable nonconsumer goods used in the production of goods and services, such as farm machinery, medium- and heavy-duty trucks, and industrial machinery, are always included in wholesale trade.
423
Merchant Wholesalers, Durable Goods
3-digit subsector
Industries in the Merchant Wholesalers, Durable Goods subsector sell capital or durable goods to other businesses. Merchant wholesalers generally take title to the goods that they sell; in other words, they buy and sell goods on their own account. Durable goods are new or used items generally with a normal life expectancy of three years or more. Durable goods merchant wholesale trade establishments are engaged in wholesaling products, such as motor vehicles, furniture, construction materials, machinery and equipment (including household-type appliances), metals and minerals (except petroleum), sporting goods, toys and hobby goods, recyclable materials, and parts. Agents and brokers primarily engaged in wholesaling durable goods, generally on a commission or fee basis, are classified in Subsector 425, Wholesale Trade Agents and Brokers.
4234
Professional and Commercial Equipment and Supplies Merchant Wholesalers
4-digit industry group
This industry group comprises establishments primarily engaged in the merchant wholesale distribution of photographic equipment and supplies; office, computer, and computer peripheral equipment; and medical, dental, hospital, ophthalmic, and other commercial and professional equipment and supplies.
42346
Ophthalmic Goods Merchant Wholesalers
5-digit NAICS industry
See industry description for 423460.
423460
Ophthalmic Goods Merchant Wholesalers
6-digit U.S. detail
This industry comprises establishments primarily engaged in the merchant wholesale distribution of professional equipment, instruments, and/or goods sold, prescribed, or used by ophthalmologists, optometrists, and opticians. Illustrative Examples: Binoculars merchant wholesalers Optometric equipment and supplies merchant wholesalers Ophthalmic frames merchant wholesalers Sunglasses merchant wholesalers Ophthalmic lenses merchant wholesalers

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Index Items

Binoculars merchant wholesalers

Contact lenses merchant wholesalers

Eyeglasses merchant wholesalers

Frames, ophthalmic, merchant wholesalers

Glasses, optical, merchant wholesalers

Lens blanks, ophthalmic, merchant wholesalers

Lenses, optical, merchant wholesalers

Magnifying glasses merchant wholesalers

Ophthalmic goods (except cameras) merchant wholesalers

Optical goods (except cameras) merchant wholesalers

Optometric equipment and supplies merchant wholesalers

Professional equipment and supplies, optical, merchant wholesalers

Sunglasses merchant wholesalers

How Item Can Help

Streamlines the storage and shipment of high-value, temperature-sensitive eyeglass frames and lenses by providing real-time inventory tracking and optimized warehouse layout for fragile goods.

Unifies orders from multiple online retailers and in-store clinics to automate picking and shipping of custom prescription eyewear, reducing errors in specialized order fulfillment.

Analyzes purchasing trends across the ophthalmic sector to predict demand for specific frame styles and lens coatings, enabling proactive stock replenishment and reduced inventory costs.

External Resources

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