What does a Purchasing Manager do?
Purchasing managers oversee the work of buyers and purchasing agents. They plan, direct, and coordinate the buying of products, services, and materials for retailer organizations and wholesalers. They also handle complicated purchases and negotiations.
How to Become a Purchasing Manager
Purchasing managers typically require a bachelor’s degree in business science, logistics, electrical or mechanical engineering, or business with certifications in purchasing through APEX or other certification along with some work experience in procurement.
Some employers desire candidates seeking advancement to top-level purchasing manager jobs to hold a master’s degree. Work experience of at least 5 years is usually expected as a purchasing agent or buyer before one can advance to purchasing manager.
Some employers require certification, while others do not. The certification involves written or oral exams and have requirements for education and work experience. Purchasing managers should be skilled in math, negotiating, decision making, and must be analytical.
Job Description of a Purchasing Manager
Purchasing managers coordinate the activities of buyers and purchasing agents in buying equipment, supplies, or materials for the organization. They evaluate potential suppliers on the basis of quality, price, and speed of delivery. He or she has the job of interviewing vendors and visiting supplier’s plants and distribution centers to see what services, products, and prices they offer.
Purchasing managers attend meetings, conferences, and trade shows to remain current with industry trends and make contacts with suppliers. They analyze financial reports, price proposals, and other information in order to make the best price decisions. He or she may also negotiate contracts, delivery of products, and ensure suppliers and vendors are in compliance with the terms and conditions of the contract.