Purchasing Managers
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.
Meet the Writer: O*NET Occupational Analysts
Annual Salary
$139,510/ year
Median wage · BLS🇺🇸 USA
What You'll Actually Do
The core tasks and responsibilities that fill a typical day.
- Maintain records of goods ordered and received.
- Locate vendors of materials, equipment or supplies, and interview them to determine product availability and terms of sales.
- Prepare and process requisitions and purchase orders for supplies and equipment.
- Control purchasing department budgets.
- Interview and hire staff, and oversee staff training.
- Review purchase order claims and contracts for conformance to company policy.
- Analyze market and delivery systems to assess present and future material availability.
- Develop and implement purchasing and contract management instructions, policies, and procedures.
- Participate in the development of specifications for equipment, products, or substitute materials.
- 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.
- Direct and coordinate activities of personnel engaged in buying, selling, and distributing materials, equipment, machinery, and supplies.
- Prepare bid awards requiring board approval.
- Prepare reports regarding market conditions and merchandise costs.
- Administer online purchasing systems.
- Arrange for disposal of surplus materials.
- Develop cost reduction strategies and savings plans.