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