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PURCHASING MANAGERS
An Occupation in
 
Occupation Description:
 
  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.
 
Career Video:
  Video Icon  Purchasing Managers
  Open-captioning or video transcript included for the hearing impaired. Career videos brought to you by CareerOneStop. Copyright © 2017 All Rights Reserved.
 
Typical Tasks:
 
 
  • Locate vendors of materials, equipment or supplies, and interview them to determine product availability and terms of sales.
  • Represent companies in negotiating contracts and formulating policies with suppliers.
  • Develop cost reduction strategies and savings plans.
  • Develop and implement purchasing and contract management instructions, policies, and procedures.
  • Prepare bid awards requiring board approval.
  • 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.
 
Knowledge:
 
 
  • Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources..
  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar..
  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications..
  • Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data..
  • Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction..
  • Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming..
  • Personnel and Human Resources - Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems..
 
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Education & Training:
 
  Work experience, plus a bachelor's or higher degree
 
Wage Information:
 
 
Region Average Annual Average Hourly Entry Level (hourly) Mid-Range  (hourly)
Statewide $138,904.00 $66.78 $43.69 $50.72 - $80.89
Bridgeport/Stamford $159,250.00 $76.56 $50.16 $58.46 - $85.20
Danbury $129,827.00 $62.42 $39.09 $46.56 - $77.80
Hartford $133,336.00 $64.11 $43.58 $50.76 - $77.46
New Haven $130,062.00 $62.53 $42.01 $46.90 - $71.04
New London/Norwich $141,178.00 $67.87 $44.55 $50.02 - $82.03
Waterbury $104,392.00 $50.19 $32.46 $38.24 - $59.26
Torrington $125,881.00 $60.52 $43.46 $48.92 - $71.45
      
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Occupation Outlook:
 
 
Region Employment Average Annual Growth Rate Average Annual Job Openings
2020 2030
State of Connecticut 1,820 2,010 0% 164
 
 
Chart of Growth Rate and Annual Openings   Employment in this occupation is expected to grow about as fast as average, and the number of annual openings will offer good or favorable job opportunities.
Key:
  N/A = Not Applicable, ***** = Over $60.00 per hour, ##### = Over $124,821
 
Similar Occupations:
 
 
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