DETAILED OCCUPATION DATA
11-3061 Purchasing Managers
Occupational Description:
Plan, direct, or coordinate the activities of buyers, purchasing officers, and related workers involved in purchasing materials, products, and services. Includes wholesale or retail trade merchandising managers and procurement managers.| Percentiles | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Geography | Employment | Emp SE* | Mean | Mean SE* | 10th | 25th | Median | 75th | 90th |
| Minnesota | 2,230 | 91 | $51.70/hr | $1.14/hr | $31.53/hr | $38.94/hr | $48.03/hr | $59.38/hr | $74.70/hr |
| U S | 66,990 | 536 | $50.57/hr | $0.20/hr | $27.31/hr | $35.76/hr | $47.64/hr | $61.91/hr | $75.09/hr |
| *SE = Standard error, a measure of the statistical reliability of the estimate. | |||||||||
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| Occupation (click title for details) | OES | Projections | |
|---|---|---|---|
| Employment | Median Wage | % Change - | |
| First-Line Supervisors/Managers of Office and Administrative Support Workers | 220 | $20.97/hr | N/A |
| Purchasing Agents, Except Wholesale, Retail, and Farm Products | 40 | $21.63/hr | N/A |
| Management Analysts | 30 | $29.30/hr | N/A |
Tasks for Purchasing Managers
- Directs and coordinates activities of personnel engaged in buying, selling, and distributing materials, equipment, machinery, and supplies.
- Develops and implements office, operations, and systems instructions, policies, and procedures.
- Conducts inventory and directs buyers in purchase of products, materials, and supplies.
- Determines merchandise costs and formulates and coordinates merchandising policies and activities to ensure profit.
- Represents company in formulating policies and negotiating contracts with suppliers.
- Prepares, reviews, and processes requisitions and purchase orders for supplies and equipment.
- Analyzes market and delivery systems to determine present and future material availability.
- Prepares report regarding market conditions and merchandise costs.