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3% Chance of Automation
“Merchandise Executive” 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 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
- Contracts Specialist
- Contracting Officer
- Contracting Manager
- Contract Manager
- Contract Coordinator
- Contract Administrator
- Commissary Superintendent
- Circuit Walker
- Circuit Rider
- Buyer
Tasks for “Merchandise Executive”
- Resolve vendor or contractor grievances, and claims against suppliers.
- Participate in the development of specifications for equipment, products or substitute materials.
- Direct and coordinate activities of personnel engaged in buying, selling, and distributing materials, equipment, machinery, and supplies.
- Administer online purchasing systems.
- Interview and hire staff, and oversee staff training.
- Represent companies in negotiating contracts and formulating policies with suppliers.
- Locate vendors of materials, equipment or supplies, and interview them to determine product availability and terms of sales.
- Arrange for disposal of surplus materials.
- Control purchasing department budgets.
- Analyze market and delivery systems to assess present and future material availability.
- Review, evaluate, and approve specifications for issuing and awarding bids.
- Maintain records of goods ordered and received.
- Develop and implement purchasing and contract management instructions, policies, and procedures.
- Prepare bid awards requiring board approval.
- Prepare reports regarding market conditions and merchandise costs.
- Review purchase order claims and contracts for conformance to company policy.
- Prepare and process requisitions and purchase orders for supplies and equipment.
Related Technology & Tools
- Personal computers
- Desktop computers
- 10-key calculators
- Database software
- Microsoft Access
- Microsoft Project
- Microsoft Word
- Oracle Primavera P6 Enterprise Portfolio Project Management
- Automated purchase order software
- Corel Paradox
- Oracle DBMS
- Oracle PeopleSoft
- Microsoft Visio
- Microsoft Excel
- Microsoft Office
- Materials requirement planning MRP software
- Microsoft Outlook
- Purchasing software
- Inventory management software
- Epicor Vantage ERP
- IBM Lotus Notes
- Microsoft SharePoint
- PurchasingNet eProcurement
- Web browser software
- Oracle PeopleSoft Enterprise Financial Management Solutions
- Microsoft PowerPoint
- Infor Lawson Supply Chain Management
- SAP
- Oracle JD Edwards EnterpriseOne
- Point of sale POS software
- Enterprise resource planning ERP software
- Bowen & Groves M1 ERP
- SAP BusinessObjects Crystal Reports
- Scheduling software
- Bottomline Technologies Bottomline Sprinter Purchasing Manager
- Ariba Spend Management Suite