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Purchasing Managers

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What You Need to Know About Purchasing Managers

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.

List of Purchasing Manager Job Duties

  • Control purchasing department budgets.
  • Develop and implement purchasing and contract management instructions, policies, and procedures.
  • Resolve vendor or contractor grievances, and claims against suppliers.
  • Locate vendors of materials, equipment or supplies, and interview them to determine product availability and terms of sales.
  • Participate in the development of specifications for equipment, products, or substitute materials.
  • Administer online purchasing systems.

What Every Purchasing Manager Should Know

Purchasing Managers state the following job skills are important in their day-to-day work.

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.

Reading Comprehension: Understanding written sentences and paragraphs in work related documents.

Types of Purchasing Manager Jobs

  • Category Purchasing Manager
  • Commodity Manager
  • Circuit Rider
  • Merchandise Executive
  • Merchandise Director

Job Opportunities for Purchasing Managers

There were about 73,900 jobs for Purchasing Managers in 2016 (in the United States).

New jobs are being produced at a rate of 5.5% which is lower than average. The Bureau of Labor Statistics predicts 4,000 new jobs for Purchasing Managers by 2026. The BLS estimates 6,300 yearly job openings in this field per year.

Forecasted Number of Jobs for Purchasing Managers in U.S.

The states with the most job growth for Purchasing Managers are Texas, California, and Washington.

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.

Purchasing Manager Salary

The salary for Purchasing Managers ranges between about $69,860 and $187,060 a year. The median salary for this occupation is $118,940.

Salary Ranges for Purchasing Managers

Below is a list of the median annual salaries for jobs of this type in different U.S. states.

Annual Mean Salary by State
State Annual Mean Salary

New Jersey

$164,910

New York

$147,470

Colorado

$144,090

California

$141,400

District of Columbia

$141,150

South Dakota

$139,200

Maryland

$136,630

Virginia

$135,600

Washington

$134,480

Rhode Island

$134,220

Missouri

$133,990

North Dakota

$133,280

Texas

$133,010

West Virginia

$132,930

Massachusetts

$129,320

New Hampshire

$127,540

Pennsylvania

$126,760

Georgia

$125,290

Connecticut

$124,680

Ohio

$123,440

Minnesota

$119,160

Michigan

$119,020

North Carolina

$118,710

Illinois

$114,710

Florida

$112,840

Kentucky

$112,350

Arkansas

$111,940

New Mexico

$110,480

Hawaii

$108,870

Nevada

$107,160

Alabama

$106,940

Alaska

$106,570

Oregon

$106,550

Wisconsin

$106,180

Arizona

$105,780

Tennessee

$105,260

South Carolina

$105,130

Kansas

$104,740

Nebraska

$104,240

Montana

$102,830

Wyoming

$102,770

Utah

$102,250

Vermont

$102,190

Oklahoma

$102,170

Maine

$102,050

Iowa

$101,980

Indiana

$99,960

Idaho

$97,830

Mississippi

$96,400

Louisiana

$92,720

What Tools & Technology do Purchasing Managers Use?

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

  • Microsoft SharePoint
  • Microsoft Office
  • Microsoft PowerPoint
  • Microsoft Word
  • Oracle JD Edwards EnterpriseOne
  • Epicor Vantage ERP
  • Microsoft Dynamics
  • Microsoft Access
  • Qlik Tech QlikView
  • Oracle PeopleSoft

Where do Purchasing Managers Work?

Purchasing Manager Sectors

Those thinking about becoming Purchasing Managers might also be interested in the following careers:

  • Insurance Sales Agents

Are you already one of the many Purchasing Managers in the United States? If you’re thinking about changing careers, these fields are worth exploring:

  • Human Resources Managers
  • Fashion Designers
  • First-Line Supervisors of Non-Retail Sales Workers

References

Bureau of Labor Statistics

College Factual

O*NET Online

Image Credit: Via Wikimedia Commons

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