Purchasing ManagerJob Description:
Purchasing managers buy equipment, goods and services for their company.Job Category:
What you will do:
- decide what goods, services and equipment are needed
- forecast stock or service levels and identify potential cost savings
- research and find new products and suppliers
- assess tenders from potential suppliers
- present any legal or commercial risks to senior leadership teams
- negotiate prices and agree contracts
- monitor the performance of contracted suppliers
- make sure staff follow purchasing procedures correctly
- keep up to date with market trends
- maths knowledge
- to be able to use a computer and the main software packages competently
As well as:
To become a Purchasing Manager, there are no specific subject requirements. However, this role typically involves a combination of skills and knowledge in areas related to business, procurement, and management. Here are some subjects that can be valuable for a future career as a Purchasing Manager:
- Mathematics: Strong math skills are essential for budgeting, cost analysis, and financial aspects of procurement and supply chain management.
- Business Studies: Understanding business concepts, such as supply chain management, negotiation, and vendor relationships, is crucial for a Purchasing Manager.
- Economics: This subject can provide insights into economic principles, market dynamics, and the factors influencing supply and demand.
- ICT (Information and Communication Technology): Proficiency in using computer applications and specialized procurement software is important for modern purchasing roles.
- English Language: Effective communication skills are essential for negotiating with suppliers, writing contracts, and managing vendor relationships.
- Foreign Languages: Knowledge of other languages can be valuable if your role involves international procurement or working with global suppliers.
- Science: Some understanding of scientific principles may be helpful when purchasing technical or scientific equipment and supplies.
- Geography: Geography can be relevant when considering factors like shipping costs and geographical distribution of suppliers.
You can get into this job through:
- a university course
- an apprenticeship
- working towards this role
- applying directly
There is no set entry route to become a purchasing manager but it may be useful to get a relevant foundation degree, higher national diploma or degree in a subject like:
- business studies
- purchasing and logistics
- purchasing and supply
- supply chain management
You could start as a trainee purchasing manager through an advanced Procurement and supply assistant apprenticeship.
You could also do a Commercial procurement and supply higher apprenticeship.
You could start by working as an administrator or assistant in a company’s purchasing department. You could work your way up as you get more experience.
You can apply directly for jobs if you have several years’ experience in purchasing. If you have a degree you can join a procurement graduate management scheme.
Working Hours and Environment:
A typical week consists of 38-40 hours of work. You could be required to work evenings occasionally.
You could work in an office.
Career Path & Progression:
You can improve your career prospects with a qualification.