Median Annual Wage: $106,090
Education: Bachelor's degree (75%); Associate's degree (8%); Post-baccalaureate certificate (8%)
Projected Growth: Little or no change (-2% to 2%)
Related Job Titles: Procurement Manager; Purchasing Manager; Materials Manager; Director of Purchasing; Commodity Manager; Director of Materials; Director of Strategic Sourcing; Procurement Officer; Purchasing Director; Purchasing Supervisor
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Source: O*NET OnLine information for Purchasing Managers.
More Management Careers
- Direct and coordinate activities of personnel engaged in buying, selling, and distributing materials, equipment, machinery, and supplies.
- Interview and hire staff, and oversee staff training.
- 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.
- Develop and implement purchasing and contract management instructions, policies, and procedures.
- Maintain records of goods ordered and received.
- Participate in the development of specifications for equipment, products or substitute materials.
- Analyze market and delivery systems to assess present and future material availability.
- Resolve vendor or contractor grievances, and claims against suppliers.
- Control purchasing department budgets.
- Review, evaluate, and approve specifications for issuing and awarding bids.
- Review purchase order claims and contracts for conformance to company policy.
- Administer online purchasing systems.
- Prepare reports regarding market conditions and merchandise costs.
Source: O*NET OnLine information for Purchasing Managers.
- Speaking - Talking to others to convey information effectively.
- 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.
- Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
- Time Management - Managing one's own time and the time of others.
- Persuasion - Persuading others to change their minds or behavior.
- Social Perceptiveness - Being aware of others' reactions and understanding why they react as they do.
- Negotiation - Bringing others together and trying to reconcile differences.
- Management of Personnel Resources - Motivating, developing, and directing people as they work, identifying the best people for the job.
- Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
Source: O*NET OnLine information for Purchasing Managers.