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