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Purchasing Manager

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What Do Purchasing Manager Do?

Purchasing Manager Example Plan, direct, or coordinate the activities of buyers, purchasing officers, and related workers involved in purchasing materials, products, and services. Includes wholesale or retail trade merchandising managers and procurement managers.

What Do Purchasing Managers Do On a Daily Basis?

  • Develop and implement purchasing and contract management instructions, policies, and procedures.
  • Administer online purchasing systems.
  • Resolve vendor or contractor grievances, and claims against suppliers.
  • Represent companies in negotiating contracts and formulating policies with suppliers.
  • Review, evaluate, and approve specifications for issuing and awarding bids.
  • Analyze market and delivery systems to assess present and future material availability.

What a Purchasing Manager Should Know

These are the skills Purchasing Managers say are the most useful in their careers:

Social Perceptiveness: Being aware of others’ reactions and understanding why they react as they do.

Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

Speaking: Talking to others to convey information effectively.

Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.

Writing: Communicating effectively in writing as appropriate for the needs of the audience.

Time Management: Managing one’s own time and the time of others.

Types of Purchasing Manager

  • Merchandising Manager
  • Import Coordinator
  • Purchasing Coordinator
  • Merchandise Director
  • Contract Administrator

Is There Job Demand for Purchasing Managers?

In 2016, there was an estimated number of 73,900 jobs in the United States for Purchasing Manager. New jobs are being produced at a rate of 5.4% which is above the national average. The Bureau of Labor Statistics predicts 4,000 new jobs for Purchasing Manager by 2026. There will be an estimated 6,300 positions for Purchasing Manager per year.

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The states with the most job growth for Purchasing Manager are Utah, Washington, and North Dakota. Watch out if you plan on working in Wyoming, Vermont, or South Dakota. These states have the worst job growth for this type of profession.

Do Purchasing Managers Make A Lot Of Money?

Purchasing Managers make between $69,860 and $187,060 a year.

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Purchasing Managers who work in New Jersey, District of Columbia, or Maryland, make the highest salaries.

Below is a list of the median annual salaries for Purchasing Managers in different U.S. states.

State Annual Mean Salary
Alabama $106,940
Alaska $106,570
Arizona $105,780
Arkansas $111,940
California $141,400
Colorado $144,090
Connecticut $124,680
District of Columbia $141,150
Florida $112,840
Georgia $125,290
Hawaii $108,870
Idaho $97,830
Illinois $114,710
Indiana $99,960
Iowa $101,980
Kansas $104,740
Kentucky $112,350
Louisiana $92,720
Maine $102,050
Maryland $136,630
Massachusetts $129,320
Michigan $119,020
Minnesota $119,160
Mississippi $96,400
Missouri $133,990
Montana $102,830
Nebraska $104,240
Nevada $107,160
New Hampshire $127,540
New Jersey $164,910
New Mexico $110,480
New York $147,470
North Carolina $118,710
North Dakota $133,280
Ohio $123,440
Oklahoma $102,170
Oregon $106,550
Pennsylvania $126,760
Rhode Island $134,220
South Carolina $105,130
South Dakota $139,200
Tennessee $105,260
Texas $133,010
Utah $102,250
Vermont $102,190
Virginia $135,600
Washington $134,480
West Virginia $132,930
Wisconsin $106,180
Wyoming $102,770

Tools & Technologies Used by Purchasing Managers

Below is a list of the types of tools and technologies that Purchasing Managers may use on a daily basis:

  • Microsoft Excel
  • Microsoft Word
  • Microsoft Office
  • Microsoft PowerPoint
  • Microsoft Outlook
  • Web browser software
  • Microsoft Access
  • SAP
  • Microsoft Project
  • Microsoft Visio
  • Microsoft SharePoint
  • Database software
  • Microsoft Dynamics
  • Oracle PeopleSoft
  • Scheduling software
  • Oracle JD Edwards EnterpriseOne
  • Enterprise resource planning ERP software
  • Qlik Tech QlikView
  • NetSuite ERP
  • Oracle PeopleSoft Financials

How do I Become a Purchasing Manager?

Individuals working as a Purchasing Manager have obtained the following education levels:

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How many years of work experience do I need?

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Purchasing Managers Sector

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Below are examples of industries where Purchasing Managers work:

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Similar Careers

Those interested in being a Purchasing Manager may also be interested in:

Those who work as a Purchasing Manager sometimes switch careers to one of these choices:

References:

Image Credit: Mike Moore via public domain

More about our data sources and methodologies.

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