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3% Chance of Automation
“Contracts Specialist” will not be replaced by robots.
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Job 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.
Job Details
- The SOC (Standard Occupational Classification) code is 11-3061.00
- The Mean Annual Wage in the U.S. is $ 117,720.00
- The Mean Hourly Wage is $ 56.00
- Currently, there are 71,750 people on this job
☝️ Information based on the reference occupation “Purchasing Managers”.
Also Known As…
- Purchasing Managers
- Purchasing Supervisor
- Purchasing Manager
- Purchasing Director
- Procurement Officer
- Procurement Manager
- Materials Manager
- Director of Strategic Sourcing
- Director of Purchasing
- Director of Materials
- Commodity Manager
- Supply Chain Manager
- Subcontract Administrator
- Strategic Sourcing Manager
- Sourcing Specialist
- Sourcing Manager
- Purchasing Officer
- Purchasing Coordinator
- Purchasing Analyst
- Purchasing Agent
- Property and Supply Officer
- Procurement Services Manager
- Procurement Agent
- Merchandising Manager
- Merchandise Planner
- Merchandise Manager
- Merchandise Executive
- Merchandise Director
- Materials Coordinator
- Material Manager
- Livestock, Grain, Cotton and Other Farm Products Purchasing Director
- Leasing Manager
- Import Coordinator
- General Merchandise Manager
- Division Merchandise Manager (DMM)
- Demand Planner
- Contracting Officer
- Contracting Manager
- Contract Manager
- Contract Coordinator
- Contract Administrator
- Commissary Superintendent
- Circuit Walker
- Circuit Rider
- Buyer
Tasks for “Contracts Specialist”
- Prepare reports regarding market conditions and merchandise costs.
- Analyze market and delivery systems to assess present and future material availability.
- Administer online purchasing systems.
- Review, evaluate, and approve specifications for issuing and awarding bids.
- Direct and coordinate activities of personnel engaged in buying, selling, and distributing materials, equipment, machinery, and supplies.
- Arrange for disposal of surplus materials.
- Prepare and process requisitions and purchase orders for supplies and equipment.
- Locate vendors of materials, equipment or supplies, and interview them to determine product availability and terms of sales.
- Interview and hire staff, and oversee staff training.
- Represent companies in negotiating contracts and formulating policies with suppliers.
- Resolve vendor or contractor grievances, and claims against suppliers.
- Prepare bid awards requiring board approval.
- Maintain records of goods ordered and received.
- Participate in the development of specifications for equipment, products or substitute materials.
- Develop and implement purchasing and contract management instructions, policies, and procedures.
- Control purchasing department budgets.
- Review purchase order claims and contracts for conformance to company policy.
Related Technology & Tools
- 10-key calculators
- Desktop computers
- Personal computers
- Microsoft Excel
- IBM Lotus Notes
- PurchasingNet eProcurement
- SAP
- Oracle DBMS
- Microsoft Visio
- Oracle Primavera P6 Enterprise Portfolio Project Management
- Automated purchase order software
- Microsoft Access
- Corel Paradox
- Enterprise resource planning ERP software
- Oracle PeopleSoft
- Point of sale POS software
- Microsoft Word
- Inventory management software
- Ariba Spend Management Suite
- Bottomline Technologies Bottomline Sprinter Purchasing Manager
- Microsoft Project
- Materials requirement planning MRP software
- Bowen & Groves M1 ERP
- Scheduling software
- Oracle PeopleSoft Enterprise Financial Management Solutions
- Microsoft SharePoint
- Microsoft Outlook
- Microsoft Office
- Web browser software
- Purchasing software
- Infor Lawson Supply Chain Management
- Microsoft PowerPoint
- Oracle JD Edwards EnterpriseOne
- Database software
- Epicor Vantage ERP
- SAP BusinessObjects Crystal Reports