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 |
| Central Minnesota | 150 | 8 | $51.65/hr | $1.53/hr | $35.56/hr | $42.60/hr | $50.71/hr | $60.37/hr | $71.68/hr |
| Minnesota | 2,050 | 100 | $59.91/hr | $1.08/hr | $38.20/hr | $45.42/hr | $56.89/hr | $70.98/hr | $87.00/hr |
| U S | 72,100 | 577 | $62.31/hr | $0.25/hr | $34.67/hr | $44.92/hr | $58.78/hr | $74.20/hr | $93.86/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 2022 - 2032 | |
| First-Line Supervisors/Managers of Office and Administrative Support Workers | 1,950 | $25.74/hr | -3.2% |
| Management Analysts | 510 | $32.62/hr | 6.6% |
| Property, Real Estate, and Community Association Managers | 260 | $25.59/hr | 3.1% |
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.
