Will “Procurement Manager” be Replaced By Robots? 🤔

Job Description

Buy merchandise or commodities, other than farm products, for resale to consumers at the wholesale or retail level, including both durable and nondurable goods. Analyze past buying trends, sales records, price, and quality of merchandise to determine value and yield. Select, order, and authorize payment for merchandise according to contractual agreements. May conduct meetings with sales personnel and introduce new products. Includes assistant wholesale and retail buyers of nonfarm products.

Job Details

• The SOC (Standard Occupational Classification) code is 13-1022.00
• The Mean Annual Wage in the U.S. is $ 60,040.00
• The Mean Hourly Wage is $ 28.00
• Currently, there are 109,440 people on this job

☝️ Information based on the reference occupation “Wholesale and Retail Buyers, Except Farm Products”.

Also Known As…

• Wholesale and Retail Buyers, Except Farm Products
• Trader
• Retail Buyer
• Purchasing Coordinator
• Purchaser
• Product Manager
• Procurement Specialist
• Merchandise Manager
• Grocery Buyer
• Category Manager
• Buyer
• Wholesale Buyer
• Wholesale and Retail Merchant
• Tradesman
• Tie Buyer
• Technical Buyer
• Sustainability Purchasing Agent
• Resident Buyer
• Purveyor
• Purchasing Specialist
• Procurement Buyer
• Print Buyer
• Merchant
• Merchandise Planner
• Merchandise for Resale Purchasing Agent
• Merchandise Buyer
• Jobber
• Internal Wholesaler
• Importer Exporter
• Importer
• Head of Merchandise Buying
• Gold Buyer
• Fur Buyer
• Fashion Buyer
• Contracts Specialist
• Commodity Manager
• Commodity Buyer
• Category Development Manager
• Buyer Assistant
• Art Dealer

Tasks for “Procurement Manager”

• Monitor and analyze sales records, trends, or economic conditions to anticipate consumer buying patterns and determine what the company will sell and how much inventory is needed.
• Authorize payment of invoices or return of merchandise.
• Consult with store or merchandise managers about budgets or goods to be purchased.
• Monitor competitors' sales activities by following their advertisements in newspapers or other media.
• Obtain information about customer needs or preferences by conferring with sales or purchasing personnel.
• Buy merchandise or commodities for resale to wholesale or retail consumers.
• Recommend mark-up rates, markdown rates, or merchandise selling prices.
• Conduct sales meetings to introduce new merchandise.
• Monitor consumer preferences or environmental trends to determine the best way to introduce new green products.
• Provide clerks with information to print on price tags, such as price, mark-ups or mark-downs, manufacturer number, season code, or style number.
• Examine, select, order, or purchase merchandise consistent with quality, quantity, specification requirements, or other factors, such as environmental soundness.
• Identify opportunities to buy green commodities, such as alternative energy, water, or carbon-neutral products for resale to consumers.
• Collaborate with vendors to obtain or develop desired products.
• Negotiate prices, discount terms, or transportation arrangements with suppliers.
• Analyze environmental aspects of competing merchandise when making buying decisions.
• Compare transportation options to determine the most energy efficient options.
• Train or supervise sales or clerical staff.
• Inspect merchandise or products to determine quality, value, or yield.
• Determine which products should be featured in advertising, the advertising medium to be used, or when the ads should be run.
• Develop strategies to advertise green products or merchandise to consumers.

Related Technology & Tools

• Point of sale POS systems
• Personal computers
• 10-key calculators
• Desktop computers

• Accounting software
• Oracle Advanced Procurement
• Contact management software
• Email software
• Inventory control systems
• Plexis Software Plexis POS
• Biztrak Business Solutions Biztrak
• Point of sale POS software
• Materials requirement planning MRP software
• Microsoft Internet Explorer
• Microsoft Excel
• POSitive Software POSitive for Windows
• Specialized Business Solutions Keystroke POS
• Word processing software
• Enterprise risk management software ERMS
• CAM Commerce Solutions Retail STAR Point of Sale POS
• Scheduling software
• Oracle JD Edwards EnterpriseOne
• Microsoft Office
• Advanced Retail Management Systems Retail Pro
• Microsoft Word
• Microsoft Project
• Project management software
• Graphics software
• Sage ERP Accpac
• Presentation software
• Web browser software
• Millennium Software Atrex
• Sourcing Simulator
• Enterprise resource planning ERP software
• Kliger-Weiss Infosystems
• Microsoft Access
• Oracle PeopleSoft Enterprise Supply Planning Multi-Site Material Planner
• Claritas ConsumerPoint
• Product development management software
• SAP POS Data Management
• Windward Software Windward System Five
• JDA Software Group Assortment Planning by Arthur
• JDA Software Group Advanced Warehouse Replenishment by E3
• Microsoft PowerPoint
• Infor Supply Chain Management
• Intuit QuickBooks
• Eclipse IDE
• Microsoft Outlook
• Spreadsheet software