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