Also known as Category Purchasing Manager, Commodity Manager, Materials Director, Materials Manager, Procurement Director, Procurement Manager, Purchasing Director, Purchasing Supervisor, Strategic Sourcing Director
Also known as Category Purchasing Manager, Commodity Manager, Materials Director
Purchasing Managers plan, direct, or coordinate the activities of buyers, purchasing officers, and related workers involved in purchasing materials, products, and services.
In addition, Purchasing Managers includes wholesale or retail trade merchandising managers and procurement managers.
Purchasing Managers are often responsible for overseeing or executing some or all of the following tasks:
The above responsibilities are specific to Purchasing Managers. More generally, Purchasing Managers are involved in several broader types of activities:
The median salary for a Purchasing Manager is $125,940, and the average salary is $132,660. Both the median and average roughly describe the middle of the Purchasing Manager salary range, but the average is more easily affected by extremely high or low salaries.
Many Purchasing Managers earn significantly more or less than the average, due to several factors. About 10% of Purchasing Managers earn less than $74,570 per year, 25% earn less than $96,400, 75% earn less than $158,160, and 90% earn less than $197,630.
Between the years of 2020 and 2030, the number of Purchasing Managers is expected to change by 6.2%, and there should be roughly 6,300 open positions for Purchasing Managers every year.
Career interests describe a person's preferences for different types of working environments and activities. When a person's interest match the demands of an occupation, people are usually more engaged and satisfied in that role.
Compared to most occupations, those who work as a Purchasing Manager are usually higher in their Enterprising and Conventional interests.
Purchasing Managers typically have very strong Enterprising interests. Enterprising occupations frequently involve starting up and carrying out projects. These occupations can involve leading people and making many decisions. Sometimes they require risk taking and often deal with business.
Also, Purchasing Managers typically have strong Conventional interests. Conventional occupations frequently involve following set procedures and routines. These occupations can include working with data and details more than with ideas. Usually there is a clear line of authority to follow.
People differ in their values, or what is most important to them for building job satisfaction and fulfillment.
Compared to most people, those working as a Purchasing Manager tend to value Working Conditions, Support, and Independence.
Most importantly, Purchasing Managers strongly value Working Conditions. Occupations that satisfy this work value offer job security and good working conditions.
Second, Purchasing Managers strongly value Support. Occupations that satisfy this work value offer supportive management that stands behind employees.
Lastly, Purchasing Managers moderately value Independence. Occupations that satisfy this work value allow employees to work on their own and make decisions.
Each occupation brings its own set of psychological demands, which describe the characteristics necessary to perform the job well.
In order to perform their job successfully, people who work as Purchasing Managers must consistently demonstrate qualities such as integrity, attention to detail, and leadership.
Below, you'll find a list of qualities typically required of Purchasing Managers, ranked by importance:
Many Purchasing Managers will have a four-year bachelor's degree, but some do not.
Purchasing Managers usually need several years of work-related experience, on-the-job training, and/or vocational training.
Purchasing Managers may benefit from understanding of specialized subject areas, such as administration and management, economics and accounting, or mathematics knowledge.
The list below shows several areas in which most Purchasing Managers might want to build proficiency, ranked by importance.
Purchasing Managers must develop a particular set of abilities to perform their job well. Abilities are individual capacities that influence a person's information processing, sensory perception, motor coordination, and physical strength or endurance. Individuals may naturally have certain abilities without explicit training, but most abilities can be sharpened somewhat through practice.
For example, Purchasing Managers need abilities such as oral comprehension, fluency of ideas, and written comprehension in order to perform their job at a high level. The list below shows several important abilities for Purchasing Managers, ranked by their relative importance.
Skills are developed capacities that enable people to function effectively in real-world settings. Unlike abilities, skills are typically easier to build through practice and experience. Skills influence effectiveness in areas such as learning, working with others, design, troubleshooting, and more.
Purchasing Managers frequently use skills like social perceptiveness, active listening, and speaking to perform their job effectively. The list below shows several critical skills for Purchasing Managers, ranked by their relative importance.
The information provided on this page is adapted from data and descriptions published by the U.S. Department of Labor, Employment and Training Administration under the CC BY 4.0 license. TraitLab has modified some information for ease of use and reading, and the U.S. Department of Labor, Employment, and Training Administration has not approved, endorsed, or tested these modifications.
If you have any questions or suggestions about this information, please send a message.