What does a Purchasing Manager do?
Published 3 min read
A purchasing manager is responsible for the procurement of materials and services for an organization. They develop and implement purchasing strategies, negotiate contracts with suppliers, and oversee the purchasing department.
Purchasing Manager job duties include:
- Research potential vendors
- Compare and evaluate offers from suppliers
- Negotiate contract terms with suppliers
- Review quality of purchased products
- Monitor supplier performance
- Maintain supplier relationships
- Resolve vendor or contractor grievances
- Track and report key functional metrics to reduce expenses and improve effectiveness
- Collaborate with key persons to ensure clarity of the specifications and expectations of the company
- Control spending and build a preference for products and services
Purchasing Manager Job Requirements
Purchasing managers typically need at least a bachelor’s degree in business, supply chain management, or a related field. Some jobs may require certification, such as Certified Purchasing Manager (CPM) certification from the Institute for Supply Management. Many employers also prefer candidates with several years of experience working in purchasing or a related field. Strong analytical, math, and negotiation skills are also important for this job.
Purchasing Manager Skills
- Negotiation
- Communication
- Organization
- Time Management
- Budgeting
- Research
- Problem Solving
- Decision Making
- Critical Thinking
- Interpersonal skills
- Supplier management
Related: Top Purchasing Manager Skills: Definition and Examples
How to become a Purchasing Manager
Purchasing managers are responsible for the procurement of materials and services for an organization. They work with suppliers to negotiate contracts, select vendors, and manage inventory. In order to become a purchasing manager, one must have a bachelor’s degree in business administration or a related field. Additionally, experience in supply chain management or procurement is often required. Strong analytical and negotiation skills are also essential for this role.
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