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 | |||||||||
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| Geography | Employment | Emp SE* | Mean | Mean SE* | 10th | 25th | Median | 75th | 90th |
| Seven County Mpls-St Paul, MN | 1,610 | 97 | $62.29/hr | $1.21/hr | $40.03/hr | $47.32/hr | $59.24/hr | $73.89/hr | $90.85/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 | 14,780 | $30.75/hr | -4.5% |
| Management Analysts | 12,260 | $40.38/hr | 9.9% |
| Property, Real Estate, and Community Association Managers | 3,220 | $31.28/hr | 4.8% |
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.
