Procurement Managers typically work for corporations across industries, including retail, healthcare and technology. They work closely with upper management professionals, Suppliers or Vendors and purchasing employees to determine product and shipping needs. Their job is to maintain Supplier contracts, monitor product inventory levels across locations and place additional orders according to customer demand. They may also be responsible for developing strategic plans to address delayed shipments or discontinued products.
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A Procurement Manager, or Purchasing Manager, is responsible for overseeing Supplier relations and transportation details for a company. Their duties include evaluating their employers’ brand and target audience to determine what products to order, monitoring delivery times from warehouses or manufacturing plants to retail locations and hiring and training purchasing staff members to carry out purchasing tasks.