Purchasing Managers in New Mexico
Thinking about a career as a Purchasing Managers in New Mexico? Here’s what you need to know. 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 Make in New Mexico?
For a purchasing managers working in New Mexico, the typical annual salary is $131,710 per year (or about $63.32/hour).Earnings range from $78,010 at the 10th percentile to $188,800 at the 90th percentile.
| Wage Statistic | Annual | Hourly |
|---|---|---|
| 10th percentile | $78,010 | $37.51 |
| 25th percentile | $106,930 | $51.41 |
| Median (50th) | $131,710 | $63.32 |
| 75th percentile | $154,770 | $74.41 |
| 90th percentile | $188,800 | $90.77 |
The job concentration index in New Mexico relative to the national average — is 0.41, suggesting fewer purchasing managers per worker than the national average.
National Wage Comparison
Nationally, purchasing managers earn a median of $74,176 per year ($35.66/hour), exceeding the New Mexico median.
Employment Outlook
National employment for 248,461 purchasing managers across the United States. In New Mexico alone, approximately 190 people work in this role. That’s fewer than the typical state, which employs around 1,000 purchasing managers.
Top New Mexico Metros for Purchasing Managers
The largest metro-area employers of purchasing managers in New Mexico.
| Metro Area | Number Employed | Annual Median Salary |
|---|---|---|
| Albuquerque, NM | 120 | $132,570 |
Top States for Purchasing Managers Employment
The table below shows the states where the most purchasing managers work.
| State | Number Employed |
|---|---|
| Texas | 8,100 |
| California | 7,260 |
| New York | 5,980 |
| Illinois | 4,130 |
| Florida | 4,040 |
| Virginia | 3,630 |
| Michigan | 2,830 |
| New Jersey | 2,830 |
| Georgia | 2,770 |
| North Carolina | 2,680 |
| Pennsylvania | 2,630 |
| Maryland | 2,520 |
| Massachusetts | 2,370 |
| Washington | 2,150 |
| Arizona | 1,840 |
| Connecticut | 1,650 |
| Wisconsin | 1,480 |
| Tennessee | 1,430 |
| Alabama | 1,400 |
| Minnesota | 1,400 |
Highest-Paying States for Purchasing Managers
These states pay the most for purchasing managers.
| State | Annual Median Salary |
|---|---|
| New Jersey | $173,130 |
| District of Columbia | $171,910 |
| Massachusetts | $168,890 |
| Washington | $165,170 |
| New York | $164,950 |
| Colorado | $163,610 |
| Virginia | $161,300 |
| Minnesota | $157,450 |
| Maryland | $153,320 |
| New Hampshire | $153,000 |
Skills
The most important purchasing managers skills, rated on an importance scale of 0 to 5:
Knowledge Areas
Important knowledge areas for this occupation, rated on an importance scale of 0 to 5:
Abilities
Top abilities for purchasing managers, rated on an importance scale of 0 to 5:
Daily Tasks
Purchasing Managers typically:
- Develop and implement purchasing and contract management instructions, policies, and procedures.
- Locate vendors of materials, equipment or supplies, and interview them to determine product availability and terms of sales.
- Prepare bid awards requiring board approval.
- Direct and coordinate activities of personnel engaged in buying, selling, and distributing materials, equipment, machinery, and supplies.
- Review purchase order claims and contracts for conformance to company policy.
- Review, evaluate, and approve specifications for issuing and awarding bids.
- Administer online purchasing systems.
- Prepare and process requisitions and purchase orders for supplies and equipment.
- Interview and hire staff, and oversee staff training.
- Develop cost reduction strategies and savings plans.
- Control purchasing department budgets.
- Resolve vendor or contractor grievances and claims against suppliers.
Work Activities
- Making Decisions and Solving Problems
- Communicating with Supervisors, Peers, or Subordinates
- Communicating with People Outside the Organization
- Getting Information
- Working with Computers
- Establishing and Maintaining Interpersonal Relationships
- Organizing, Planning, and Prioritizing Work
- Updating and Using Relevant Knowledge
- Coaching and Developing Others
- Training and Teaching Others
- Guiding, Directing, and Motivating Subordinates
- Processing Information
Tools & Technology
Software and systems commonly involved: Hot technologies: Microsoft Access, Microsoft Excel In-demand technologies: Microsoft Excel
What Major Will Prepare You For This Career?
Programs that train for this career include:
- Business Administration & Management
Featured schools near , edit
Related Careers
Careers similar to purchasing managers include:
- Industrial Production Managers
- Transportation, Storage, and Distribution Managers
- Supply Chain Managers
- Buyers and Purchasing Agents, Farm Products
- Wholesale and Retail Buyers, Except Farm Products
- Purchasing Agents, Except Wholesale, Retail, and Farm Products
Also Known As
Category Purchasing Manager, Commissary Superintendent, Commodity Manager, Contract Manager, Contracting Manager, Division Merchandise Manager (DMM), General Merchandise Manager, Materials Director, Materials Manager, Merchandise Director, Merchandise Manager, Merchandising Manager, Procurement Director, Procurement Manager, Procurement Services Manager.
References
- U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics — https://www.bls.gov/oes/
- O*NET Online — https://www.onetonline.org/
- BLS Employment Projections — https://www.bls.gov/emp/
- O*NET-SOC code: 11-3061.00
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