Purchasing Manager

Remote

💰 Finance

Purchasing Managers work in all industries to secure the materials, supplies and equipment a company needs to complete essential business functions. This includes all kinds of products from raw materials to packaging and shipping supplies. The role of a Purchasing Manager is to design purchasing strategies that ensure constant availability of inventory within the company’s budget. Purchasing Mangers develop databases of potential suppliers and cultivate working relationships to ease the process of acquiring new materials.

What does a Purchasing Manager do?

A Purchasing Manager, or Materials Manager, is in charge of supervising the process of sourcing and purchasing essential materials for a business’s operations. Their duties include researching raw materials suppliers and comparing costs, negotiating purchase agreements and developing inventory controls to identify demand for new materials.

Responsibilities

A Purchasing Manager should be able to fulfill various duties and responsibilities. The following are some duties and responsibilities a Purchasing Manager should be able to execute:

Planning and overseeing the work of Buyers and Purchasing Agents
Hiring and training new staff
Developing an organization’s procurement rules and regulations
Establishing guidelines on how often the company gets price quotes for items, the number of bids to accept and which vendors to consider
Buying goods and services for the company
Evaluating quality, price, reliability, technical support and availability of goods and services

Required Skills

A competitive Purchasing Manager will have certain skills and qualifications, including: