Purchasing Agents, Except Wholesale, Retail, and Farm Products

Buyer
Procurement Official
Procurement Specialist
Purchasing Administrator
Purchasing Agent

What is a Purchasing Agents, Except Wholesale, Retail, and Farm Products?

Purchasing Agents, Except Wholesale, Retail, and Farm Products are professionals responsible for buying goods and services for organizations, ensuring that they acquire the necessary products at the best possible price and quality. They analyze market trends, evaluate suppliers, and negotiate contracts to secure advantageous terms for their employer. These agents work across various industries, focusing on non-retail sectors such as manufacturing, government, and healthcare, where they source materials, equipment, and services. Their role involves collaborating closely with different departments within the organization to understand their needs, providing insights on budget considerations, and maintaining detailed records of purchases. Effective communication and analytical skills are essential in this position, as purchasing agents must foster relationships with suppliers to keep up with product availability and quality. Additionally, they often monitor inventory levels and conduct market research to forecast future purchasing needs and ensure that their organization remains competitive in its operations.

Career Assessment
Career Assessment

Tasks

  • Monitor and follow applicable laws and regulations.
  • Prepare purchase orders, solicit bid proposals, and review requisitions for goods and services.
  • Negotiate, renegotiate, and administer contracts with suppliers, vendors, and other representatives.
  • Purchase the highest quality merchandise at the lowest possible price and in correct amounts.
  • Analyze price proposals, financial reports, and other data and information to determine reasonable prices.

Technology Skills

Tools Used

Knowledge

  • English Language

    Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.

  • Administration and Management

    Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.

  • Customer and Personal Service

    Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.

  • Mathematics

    Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.

  • Economics and Accounting

    Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.

Skills

  • Negotiation

    Bringing others together and trying to reconcile differences.

  • Reading Comprehension

    Understanding written sentences and paragraphs in work-related documents.

  • Active Listening

    Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

  • Complex Problem Solving

    Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.

  • Speaking

    Talking to others to convey information effectively.

Abilities

  • Written Comprehension

    The ability to read and understand information and ideas presented in writing.

  • Oral Comprehension

    The ability to listen to and understand information and ideas presented through spoken words and sentences.

  • Oral Expression

    The ability to communicate information and ideas in speaking so others will understand.

  • Written Expression

    The ability to communicate information and ideas in writing so others will understand.

  • Deductive Reasoning

    The ability to apply general rules to specific problems to produce answers that make sense.

Education

How much education does a new hire need to perform a job in this occupation?

  • Bachelor's degree
    78 %
  • High school diploma or equivalent
    9 %

    or: GED, High School Equivalency Certificate

  • Post-baccalaureate certificate
    9 %

    Awarded for completion of an organized program of study; designed for people who have completed a Baccalaureate degree, but do not meet the requirements of academic degrees carrying the title of Master

Work Activities

  • Getting Information

    Observing, receiving, and otherwise obtaining information from all relevant sources.

  • Communicating with Supervisors, Peers, or Subordinates

    Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.

  • Working with Computers

    Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.

  • Analyzing Data or Information

    Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.

  • Communicating with People Outside the Organization

    Communicating with people outside the organization, representing the organization to customers, the public, government, and other external sources. This information can be exchanged in person, in writing, or by telephone or e-mail.

Detailed Work Activities

  • Purchase products or services.
  • Evaluate applicable laws and regulations to determine impact on organizational activities.
  • Execute sales or other financial transactions.
  • Negotiate contracts with clients or service providers.
  • Analyze business or financial data.

Work Interests

  • Conventional

    Work involves following procedures and regulations to organize information or data, typically in a business setting. Conventional occupations are often associated with office work, accounting, mathematics/statistics, information technology, finance, or human resources.

  • Enterprising

    Work involves managing, negotiating, marketing, or selling, typically in a business setting, or leading or advising people in political and legal situations. Enterprising occupations are often associated with business initiatives, sales, marketing/advertising, finance, management/administration, professional advising, public speaking, politics, or law.

  • Realistic

    Work involves designing, building, or repairing of equipment, materials, or structures, engaging in physical activity, or working outdoors. Realistic occupations are often associated with engineering, mechanics and electronics, construction, woodworking, transportation, machine operation, agriculture, animal services, physical or manual labor, athletics, or protective services.

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Job Outlook

Projected salary and job growth

$43680.0 - $121680.0

This career will grow rapidly in the next few years.

Assessment

Related assessments and tests

No assessment available.