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Procurement Manager Jobs

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Demand Planning Manager
  • Job type: Permanent
  • Location: Ithaca, New York
  • Salary: Negotiable
  • Description Demand Planning Manager needed for a Leading Automotive Manufacturing Company A well-known manufacturing company is looking for an experienced individual to add to their team
Inventory Analyst
  • Job type: Permanent
  • Location: Lowell, Massachusetts
  • Salary: Negotiable
  • Description Our client, a leading medical device technology company, is looking to hire an Inventory Analyst for their growing team. This position is a data-driven role and will be responsible for utilizing
Senior Category Manager - IT
  • Job type: Permanent
  • Location: Nottingham, Maryland
  • Salary: US$100000 - US$150000 per year
  • Description We are seeking individuals who have deep IT category, Software specific strategic sourcing, category management and procurement operations experience to add to our team
Procurement Consultant
  • Job type: Permanent
  • Location: New York
  • Salary: Competitive
  • Description A boutique consulting firm is looking to hire a Procurement Consultant for their growing US team. This role will challenge you with strategic sourcing, vendor management, contract negotiations
Procurement Consultant
  • Job type: Permanent
  • Location: New York
  • Salary: Competitive
  • Description A boutique consulting firm is looking to hire a Procurement Consultant for their growing US team. This role will challenge you with strategic sourcing, vendor management, contract negotiations
Buyer - Manufacturing Materials
  • Job type: Permanent
  • Location: Boston, Massachusetts
  • Salary: Competitive
  • Description A multinational manufacturing company is seeking an experienced Buyer to join their growing team. The ideal candidate will have the ability to support all departments of the organization in the areas
Strategic Sourcing Manager
  • Job type: Permanent
  • Location: Houston, Texas
  • Salary: Negotiable
  • Description A global leader in their industry is seeking a skilled Senior Strategic Sourcing Manager to bring on to the team to manage and develop further existing categories and relationships
Senior Procurement Manager
  • Job type: Permanent
  • Location: Shanghai
  • Salary: Negotiable
  • Description A Fortune 500 Lifestyle & Active Wear MNC is currently seeking to hire a Senior Procurement Manager in Shanghai. You will play a key role in managing traditional and digital Supply Chain processes
Procurement Manager
  • Job type: Permanent
  • Location: Cherry Hill, New Jersey
  • Salary: Negotiable
  • Description Procurement Manager required for rapidly growing, global pharmaceutical company Cherry Hill, NJ My client, one of the world's leading pharmaceutical companies, is looking for a Procurement Manager to

Procurement professionals are responsible for buying the best quality goods, equipment, services and products at the most competitive or lowest price, to enable an organization or company to operate efficiently. Different organizations have different procurement policies, so procurement managers work across a wide range of areas, often overseeing procurement and supply chain management on an international or global scale. Procurement managers help an organization or business increase its profits by saving money through effective negotiation and networking. 

Job Specification, Salary, Outlook

The focus and remit of the role vary according to an organization’s specific requirements and structure, from operations, manufacturing and project management divisions of the organization. The procurement specialist may need to assess the competency or performance of suppliers in responding to orders or demands, develop long term relationships with them, or terminate partnerships where necessary.  

How much does a procurement professional earn in the United States? According to the Bureau of Labor Statistics report, the 291,000 purchasing agents of America, including procurement manager and specialists, make an average annual salary of $66,000. The top-paid procurement professionals are employed by commodity brokerages and securities for $92,000 annually and the specialists who are working in federal executive branches earn about $80,900 on average. Maryland and New Jersey offer the highest salaries states for procurement specialists, with an average salary of $77,400 and $76,850 respectively. 
Entry-level procurement specialists earn around $37,850 per year. Good opportunities for progression are available in this field, and procurement specialists with at least five years of experience earn an average $114,000 per year. A CPO (Chief Procurement Officer) can earn up to $346,000 per year. 
The average salary for procurement managers in the US is $81,294 per annum; in the UK, procurement managers earn an average of £37,921 per year. The level of salary varies according to the candidate’s skills, performance, industry knowledge and experience. 

Job Description 

 Procurement managers specialize in sourcing services and goods for organizations at the most competitive. These goods may include inventory, office supplies and large-scale purchases such as real estate. Procurement professionals increase the organization’s profitability by securing the highest quality goods within budget. In addition to other responsibilities, procurement specialists assist in the analysis and preparation of contracts. 

Procurement managers work closely with finance and accounting departments, all areas of upper management and external vendors. They typically work in a business office environment and a Monday to Friday work is standard. However, the time constraints of a particular project may require additional or late hours at times. 

Typical Responsibilities :

  • Forecasting levels of demands for products and services
  • Conducting extensive research to identify the most efficient suppliers and the best products in terms of quality, delivery schedules and value
  • Maintaining an awareness of current stock levels
  • Developing and maintaining good working relationships with suppliers
  • Liaising with manufacturers, suppliers, customers and relevant departments
  • Processing invoices and payments
  • Contract negotiation 
  • Forecasting and measuring price trends and the impact on future business activities
  • Keeping contract files in order
  • Giving presentations on market analysis, current trends and potential growth
  • Developing procurement strategies
  • Making recommendations on bids, based on technical and commercial factors
  • Producing statistics and reports using computer software
  • Attending trade conferences and meetings

Employers

Procurement is increasingly recognized as a crucial part of any organization or business. Employers include:

  • Construction and engineering industries
  • The armed forces
  • Local authorities
  • Service and manufacturing companies
  • Communication and information technology companies
  • The NHS (National Health Service)
  • Wholesalers
  • Mail order and retail companies

Key Skills & Qualifications      

Entry level position requirements vary depending on the size and type of the organization. Wholesale distribution centers and large retail stores tend to prefer applicants with a business background or related degree. Some employers, particularly engineering, manufacturing or construction firms, require candidates to have knowledge and qualifications relevant to the industry. 

Although this industry is open to all graduates, the following subjects or degrees are particularly valuable:

  • Business Studies
  • Management
  • Marketing
  • Operations Management
  • Engineering
  • Purchasing & Supply
  • Purchasing & Logistics
  • Retail Management

Required job skills

  • Good verbal and written communication skills
  • Commercial awareness
  • Strong analytical skills
  • A high standard of numerical proficiency
  • The ability to develop and maintain good working relationships and to adapt to different client needs
  • The ability to cope with pressure and to meet demanding targets
  • A flair for networking, dealing and negotiation

Procurement Job Trends 

The procurement and buying activities in bigger companies are typically carried out by a large team, so you may have the opportunity to manage a team or to work at various locations. It is possible to specialize in a particular area such as facilities management, IT or travel. Experienced procurement specialists can move to a department or employer that manages a larger volume of products, goods or services. 

More senior roles include:

  • Senior Buyer
  • Purchasing Director
  • Group Procurement Director

A career in procurement can be varied, challenging and with good opportunities for progression.