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 |
| Northeast Balance of State | 20 | 3 | $37.77/hr | $1.85/hr | $18.79/hr | $30.98/hr | $40.54/hr | $45.72/hr | $50.04/hr |
| Minnesota | 2,480 | 151 | $51.11/hr | $1.07/hr | $30.66/hr | $37.17/hr | $47.74/hr | $60.04/hr | $75.38/hr |
| U S | 69,400 | 555 | $51.59/hr | $0.21/hr | $27.85/hr | $36.31/hr | $48.66/hr | $63.03/hr | $77.19/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 | 320 | $21.76/hr | N/A |
| Management Analysts | 50 | $37.44/hr | N/A |
| Purchasing Agents, Except Wholesale, Retail, and Farm Products | 50 | $24.76/hr | N/A |
| Property, Real Estate, and Community Association Managers | N/A | $17.57/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.