Career Opportunities - Home
Career Profiles

Purchasing Agent

Career Highlights

  • Develop Purchasing Policies
  • Setting Contract Terms And Conditions
  • Team Work With Other Departments

This is Print View - Back to Normal View

Career Summary

Purchasing Agents often help develop purchasing policies. They set delivery schedules, track progress and contact clients and suppliers. Depending on the industry purchasing agents may specialize in purchasing particular materials or business services, such as mobile technology or medical equipment.

Specific responsibilities of purchasing agents include:

  • Reviewing proposals
  • Consulting with suppliers
  • Reviewing price quotations
  • Setting contract terms and conditions
  • Awarding contracts to specific vendors

Purchasing agents must know how their products are created and what the quality is. They must know what types of material work best for manufacturing and they must be able to order parts when production needs them. If the parts are missing, many businesses have to stop production. If purchasing agents donít plan well, companies lose money.

In some companies, purchasing agents are involved in product development due to their knowledge of a inventory and parts cost and availability. They may talk with engineers and quality control staff about the best parts to order.

Wholesale and retail establishments employ purchasing agents who buy finished goods for resale. They are also known as buyers or merchandise managers. Purchasing agents are an integral part of a complex system of distribution and merchandising that caters to the vast array of consumer needs and wants.

To be a successful purchasing agent, individuals must have excellent negotiation, problem solving and communication skills, keep up-to-date regarding trends and prices within their market, and possess strong delegating skills.

Salary

$40000*

Education

Requires a degree in:

  • Business Administration
  • Masters of Business Administration
  • Finance

Career Skills

  • Negotiation
  • Communication skills
  • Delegating skills
  • Research
  • Industry material analyzing

Additional Information

References

Comments

There are no comments on this post.

Add a Comment

Allowed tags are: a, b, em, i, p, strong, u; Line breaks are converted automatically.

Suggestions

Title

*Salary ranges based on location, experience, and demand. This number represents a rough nation-wide average.