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A purchasing manager handles an organization's procurement process, ensuring that the company obtains the necessary goods and services at the best price. They oversee the purchase of materials, supplies, and equipment, negotiating contracts with vendors. The purchasing manager evaluates supplier performance, maintains inventory, and leads the purchasing team. They work with other departments, such as finance and operations, to ensure that purchases align with the company's strategies and goals.
Avg. Salary $98,118
Avg. Salary $59,228
Growth Rate -6%
Growth Rate 0.3%
American Indian and Alaska Native 0.31%
Asian 7.51%
Black or African American 9.18%
Hispanic or Latino 12.47%
Unknown 3.83%
White 66.70%
Genderfemale 32.96%
male 67.04%
Age - 47American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 47Stress level is high
7.1 - high
Complexity Level is advanced
7 - challenging
Work Life balance is poor
6.4 - fair
Pros
High salary potential
Opportunity for career advancement
Variety of industries to work in
Exposure to global markets and trends
Direct involvement in product development
Cons
Constant need for cost reduction
Risk of making costly mistakes
Constant need to stay updated on industry trends
High level of competition in the field
Limited control over external factors such as market fluctuations
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Skills![]() ![]() | Percentages![]() ![]() |
---|---|
Supply Chain | 15.14% |
Strategic Sourcing | 7.14% |
Project Management | 4.63% |
Supplier Performance | 4.54% |
Continuous Improvement | 4.38% |
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The average Purchasing Manager salary in the United States is $98,118 per year or $47 per hour. Purchasing manager salaries range between $70,000 and $136,000 per year.
What Am I Worth?
Have a direct impact of the company bottom targets.
Works not recognized by upper management!
work will be sometimes hectic.
its a challenging work. you need lot of potential to be materials manager.
I am continuously working to develop my the communication and computer skills necessary listed in the job description job description. My formal education which is bachelors degree in philosophy and a minor in economics. I am currently furthering my education in the area of computer science.