Purchasing Manager

Career Area: Business Management and Operations

Occupation Group: Procurement

Salary

Percentile wages tell how much a certain percentage of an overall population in a geographic area or within a given industry or field makes. The percentile wage estimate is the value of a wage below which a certain percent of workers fall.

An example would be the 25th percentile, 25 percent of workers employed in that occupation earn less and 75 percent earn more than the estimated wage value. At the 75th percentile, 75 percent of workers employed in that occupation earn less and 25 percent earn more than the estimated wage value.

A typical Purchasing Manager earns the following wages (national and state):

State

The average salary in North Carolina for those pursuing this career is $69,256

*The salaries depicted here are representative of the range of salaries posted in job listings over the past year. Living wage in North Carolina is $30,000.

National

The average salary in the United States for those pursuing this career is $68,933

*The salaries depicted here are representative of the range of salaries posted in job listings over the past year. Living wage in North Carolina is $30,000.

What Does a Professional in this Career Do?

Manages the purchasing of supplies for a company or organization. Develops policies and schedules for regular procurements. Trains and supervises staff, develops relationships with suppliers, researches and inspects supplies, and negotiates supply and shipping prices.

Employment Trends

The job demand and job growth statistics shown here were derived from job posts over the past year. Expected job growth projections are extrapolated from year-over-year job post listing history.

Job demand and job growth is expected at the following rates:

LocationGrowth
North Carolina283+10.1%
Nationwide6089+5.4%

Skills

A professional in this position typically utilizes the following skills in the course of everyday work in this exciting and challenging field:

Baseline Skills

The following are baseline skills every Purchasing Manager is expected to have in order to experience success in this field:

  • Communication Skills: The ability to convey information to another effectively and efficiently.
  • Microsoft Excel: Microsoft Excel is a spreadsheet developed by Microsoft for Windows, macOS, Android and iOS. It features calculation, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications.
  • Microsoft Office: Microsoft Office is an office suite of applications, servers, and services developed by Microsoft.
  • Planning: Working experience with the process of thinking about and organizing the activities required to achieve desired goals.
  • Teamwork / Collaboration: Experience working in collaborative efforts with a team to achieve a common goal or to complete a task in the most effective and efficient way.

Specialized Skills

These skills are specific to working in this career:

  • Purchasing: Purchasing refers to a business or organization attempting to acquire goods or services to accomplish the goals of its enterprise.
  • Procurement: Procurement is the process of finding, agreeing terms and acquiring goods, services or works from an external source, often via a tendering or competitive bidding process.
  • Budgeting: Experience planning how the financial resources of a business or department are to be allocated during the next business period.
  • Supply Chain Management: In commerce, supply chain management (SCM), the management of the flow of goods and services, involves the movement and storage of raw materials, of work-in-process inventory, and of finished goods from point of origin to point of consumption.
  • Enterprise Resource Planning (ERP): Enterprise resource planning (ERP) is the integrated management of core business processes, often in real-time and mediated by software and technology.

Distinguishing Skills

Any Purchasing Manager that possesses the following skills will stand out against the competition:

  • Procurement Contracts: A procurement contract is an agreement in which a buyer agrees to acquire goods or services from a seller in exchange for consideration.
  • Supplier Management: The termsupply managementdescribes the methods and processes of modern corporate or institutionalbuying. This may be for the purchasing of supplies for internal use referred to as indirect goods and services, purchasing raw materials for the consumption during themanufacturingprocess, or for the purchasing of goods forinventoryto be resold asproductsin thedistributionandretailprocess.
  • Purchasing Management: Purchasing is the function of buying Goods & Services from External Source to an Organization.
  • Commodity Management: Commodity Management is the process of developing a systematic approach to the entire usage cycle for a group of items.
  • Supplier Selection: Supplier selection is the process by which firms identify, evaluate, and contract with suppliers.

Experience

This position typically requires the following level of experience. The numbers presented in the pie charts below were derived from actual job posts over the past year. Not all job postings list experience requirements.

Experience Required%
0 to 2 years12%
3 to 5 years67%
6 to 8 years12%

Many of the programs offered through NC State are designed for working professionals who need additional credentials to enhance existing work experience.

Students who do not have the expected level of experience may wish to look into internship and employment opportunities.

Common Job Titles

It is possible to find work in this field in positions commonly listed as the following job titles:

  • Purchasing Manager
  • Purchasing Supervisor
  • Assistant Purchasing Manager
  • Manager, Purchasing
  • Senior Purchasing Manager

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