FIND PERSONALIZED JOBS
Sign up to Zippia and discover your career options with your personalized career search.
Sorry, we can't find that. Please try a different city or state.
APPLY NOW
Apply Now
×
FIND
PERSONALIZED JOBS

Sorry, we can't find that. Please try a different city or state.

CONTENT HAS
BEEN UNLOCKED
Close this window to view unlocked content
or
find interesting jobs in

Log In

Log In to Save

Sign Up to Save

Sign Up to Dismiss

Sign Up

SIGN UP TO UNLOCK CONTENT

or

The email and password you specified are invalid. Please, try again.

Email and password are mandatory

Forgot Password?

Don't have an account? Sign Up

reset password

Enter your email address and we will send you a link to reset your password.

Back to Log In

Log In

Log In to Save

Sign Up to Save

Sign Up to Dismiss

Sign up to save the job and get personalized job recommendations.

Sign up to dismiss the job and get personalized job recommendations.

or

The email and password you specified are invalid. Please, try again.

Email and password are mandatory

Already have an account? Log in

reset password

Enter your email address and we will send you a link to reset your password.

Back to Log In

Company Saved

Answer a few questions and view jobs at that match your preferences.

Where do you want to work?

Job Saved

See your Saved Jobs now

or

find more interesting jobs in

Job Dismissed

Find better matching jobs in

Your search has been saved!

Become An Acquisition Specialist

Where do you want to work?

To get started, tell us where you'd like to work.
Sorry, we can't find that. Please try a different city or state.

Working As An Acquisition Specialist

  • Getting Information
  • Communicating with Supervisors, Peers, or Subordinates
  • Interacting With Computers
  • Communicating with Persons Outside Organization
  • Establishing and Maintaining Interpersonal Relationships
  • Mostly Sitting

  • Make Decisions

  • Stressful

  • $78,000

    Average Salary

What Does An Acquisition Specialist Do

Buyers and purchasing agents buy products and services for organizations to use or resell. They evaluate suppliers, negotiate contracts, and review the quality of products.

Duties

Buyers and purchasing agents typically do the following:

  • Evaluate suppliers on the basis of the price, quality, and speed of delivery of their products and services
  • Interview vendors and visit suppliers’ plants and distribution centers to examine and learn about products, services, and prices
  • Attend meetings, trade shows, and conferences to learn about new industry trends and make contacts with suppliers
  • Analyze price proposals, financial reports, and other information to determine reasonable prices
  • Negotiate contracts on behalf of their organization
  • Work out agreements with suppliers, such as when products will be delivered
  • Meet with staff and vendors to discuss defective or unacceptable goods or services and determine corrective action
  • Evaluate and monitor contracts to be sure that vendors and supplies comply with the terms and conditions of the contract and to determine the need for changes
  • Maintain and review records of items bought, costs, deliveries, product performance, and inventories

Buyers and purchasing agents buy farm products, durable and nondurable goods, and services for organizations and institutions. They try to get the best deal for their organization: the highest quality goods and services at the lowest cost. They do this by studying sales records and inventory levels of current stock, identifying foreign and domestic suppliers, and keeping up to date with changes affecting both the supply of, and demand for, products and materials.

Purchasing agents and buyers consider price, quality, availability, reliability, and technical support when choosing suppliers and merchandise. To be effective, purchasing agents and buyers must have a working technical knowledge of the goods or services they are purchasing.

Evaluating suppliers is one of the most critical functions of a buyer or purchasing agent. Many organizations run on a lean manufacturing schedule and use just-in-time inventories, so any delays in the supply chain can shut down production and cause the organization to lose customers.

Buyers and purchasing agents use many resources to find out all they can about potential suppliers. They attend meetings, trade shows, and conferences to learn about new industry trends and make contacts with suppliers.

They often interview prospective suppliers and visit their plants and distribution centers to assess their capabilities. For example, they may discuss the design of products with design engineers, quality concerns with production supervisors, or shipping issues with managers in the receiving department.

Buyers and purchasing agents must make certain that the supplier can deliver the desired goods or services on time, in the correct quantities, and without sacrificing quality. Once they have gathered information on suppliers, they sign contracts with suppliers who meet the organization’s needs and they place orders.

Buyers who purchase items to resell to customers may determine which products their organization will sell. They need to be able to predict what will appeal to their customers. If they are wrong, they could jeopardize the profits and reputation of their organization.

Buyers who work for large organizations often specialize in purchasing one or two categories of products or services. Buyers who work for smaller businesses or government agencies may be responsible for making a greater variety of purchases.

Wholesale and retail buyers purchase goods for resale to consumers. Examples of these goods are clothing and electronics. Purchasing specialists who buy finished goods for resale are commonly known as buyers or merchandise managers.

Purchasing agents and buyers of farm products buy agricultural products for further processing or resale. Examples of these products are grain, cotton, and tobacco.

Purchasing agents, except wholesale, retail, and farm products buy items for the operation of an organization. Examples of these items are chemicals and industrial equipment needed for a manufacturing establishment, and office supplies.

Show More

Show Less

How To Become An Acquisition Specialist

Although a high school diploma may be sufficient for some positions, many employers require buyers and purchasing agents to have a bachelor’s degree. Most entry-level positions require some form of on-the-job training.

Education

Educational requirements usually vary with the size of the organization. Although a high school diploma may be enough at some organizations, many businesses require applicants to have a bachelor’s degree. For many positions, a degree in business, finance, or supply management is sufficient.

For those interested in a career as a buyer or purchasing agent of farm products, a degree in agriculture, agriculture production, or animal science is often beneficial.

Training

Buyers and purchasing agents typically get on-the-job training for more than 1 year. During this time, they learn how to perform their basic duties, including monitoring inventory levels and negotiating with suppliers.

Licenses, Certifications, and Registrations

There are several certifications available for buyers and purchasing agents. Although some employers require certification, many do not.

Most of these certifications involve oral or written exams and have education and work experience requirements.

The Institute for Supply Management offers the Certified Professional in Supply Management (CPSM) credential, which covers a wide scope of purchasing professional duties. To receive the CPSM credential, candidates must pass three exams and those with a bachelor’s degree must possess at least 3 years of relevant work experience while those without a bachelor’s degree must have at least 5 years of relevant work experience.

The American Purchasing Society offers the Certified Purchasing Professional (CPP) certification. The CPP certification is valid for 5 years. Candidates must earn a certain number of professional development “points” to renew their certification. Candidates initially become eligible and can renew their certification through a combination of purchasing-related experience, education, and professional contributions (such as published articles or delivered speeches).

APICS offers the Certified Supply Chain Professional (CSCP) credential. Applicants must have 3 years of relevant business experience or a bachelor’s degree in order to be eligible for the CSCP credential. The credential is valid for 5 years. Candidates must also earn a certain number of professional development points to renew their certification.

The Next Level Purchasing Association offers the Senior Professional in Supply Management (SPSM) Certification. Although there are no education or work experience requirements, applicants must complete six online courses and pass an SPSM exam. Certification is valid for 4 years. Candidates must complete 32 continuing education hours in procurement-related topics to recertify for an additional four-year period.

The Universal Public Procurement Certification Council (UPPCC) offers two certifications for workers in federal, state, and local government. The Certified Professional Public Buyer (CPPB) credential requires applicants to have earned at least an associate’s degree, possess at least 3 years of public procurement experience, and complete relevant training courses. The Certified Public Purchasing Officer (CPPO) requires applicants to have earned a bachelor’s degree, possess at least 5 years of public procurement experience, and complete additional training courses.

Those with the CPPB or the CPPO designation must renew their certification every 5 years by completing continuing education courses or attending procurement-related conferences or events.

The National Institute of Government Purchasing (NIGP), Institute for Public Procurement offers preparation courses for the UPPCC certification exams.

Advancement

An experienced purchasing agent or buyer may become an assistant purchasing manager before advancing to purchasing manager, supply manager, or director of materials management. Buyers and purchasing agents with extensive work experience can also advance to become the Chief Procurement Officer (CPO) for an organization.

Important Qualities

Analytical skills. When evaluating suppliers, buyers and purchasing agents must analyze their options and choose a supplier with the best combination of price, quality, delivery, or service. 

Decisionmaking skills. Buyers and purchasing agents must have the ability to make informed and timely decisions, choosing products that they think will sell.

Math skills. Buyers and purchasing agents must possess basic math skills. They must be able to compare prices from different suppliers to ensure that their organization is getting the best deal. 

Negotiating skills. Buyers and purchasing agents often must negotiate the terms of a contract with a supplier. Interpersonal skills and self-confidence, in addition to knowledge of the product, can help lead to successful negotiations.

Show More

Show Less

Do you work as an Acquisition Specialist?

Send To A Friend

Acquisition Specialist Jobs

NO RESULTS

Aw snap, no jobs found.

Add To My Jobs

Acquisition Specialist Career Paths

Acquisition Specialist
Project Manager Business Development Manager
Business Development Director
11 Yearsyrs
Project Manager
Project Director
8 Yearsyrs
Project Manager Purchasing Manager
Supply Chain Manager
10 Yearsyrs
Senior Contract Specialist Contracts Manager Program Manager
Portfolio Manager
7 Yearsyrs
Senior Contract Specialist
Contracts Manager
9 Yearsyrs
Senior Contract Specialist Contracts Manager Vice President
Supply Chain Vice President
17 Yearsyrs
Manager
Purchasing Manager
9 Yearsyrs
Manager Sales Manager Account Manager
Strategic Accounts Manager
9 Yearsyrs
Manager Purchasing Manager
Category Manager
8 Yearsyrs
Program Manager General Manager Property Manager
Real Estate Manager
8 Yearsyrs
Program Manager Product Manager Purchasing Manager
Senior Purchasing Manager
9 Yearsyrs
Contracts Manager General Manager Account Manager
Development Manager
8 Yearsyrs
Account Manager Operations Manager Information Technology Project Manager
Contract Project Manager
10 Yearsyrs
General Manager Business Development Manager
Proposal Manager
10 Yearsyrs
Supervisor Unit Manager Claims Manager
Risk Manager
8 Yearsyrs
Supervisor Property Manager Real Estate Manager
Acquisitions Manager
7 Yearsyrs
Supervisor Owner Maintenance Manager
Special Projects Manager
7 Yearsyrs
Assistant Manager Shop Manager Parts Sales Manager
Commercial Manager
7 Yearsyrs
Senior Subcontract Administrator
Subcontracts Manager
11 Yearsyrs
Senior Subcontract Administrator Senior Contract Administrator/Contract Administrator
Contracts Administration Manager
8 Yearsyrs
Show More
Share

Do you work as an Acquisition Specialist?

Acquisition Specialist Demographics

Gender

Male

45.0%

Female

44.6%

Unknown

10.4%
Ethnicity

White

60.5%

Hispanic or Latino

14.9%

Black or African American

13.7%

Asian

7.1%

Unknown

3.8%
Show More
Foreign Languages Spoken

Spanish

46.6%

French

11.0%

Russian

5.5%

Portuguese

5.5%

German

4.1%

Japanese

4.1%

Czech

2.7%

Mandarin

2.7%

Italian

2.7%

Sami

1.4%

Chinese

1.4%

Greek

1.4%

Igbo

1.4%

Yoruba

1.4%

Slovak

1.4%

Hindi

1.4%

Polish

1.4%

Korean

1.4%

Uzbek

1.4%

Arabic

1.4%
Show More

Acquisition Specialist Education

Schools

University of Phoenix

17.6%

Strayer University

10.5%

University of Maryland - University College

7.9%

Michigan State University

6.0%

Webster University

6.0%

Defense Acquisition University

5.2%

George Washington University

4.9%

George Mason University

4.1%

Florida State University

4.1%

American University

4.1%

University of Houston

3.7%

Liberty University

3.4%

University of Maryland - College Park

3.0%

University of Massachusetts Amherst

3.0%

Kaplan University

3.0%

Saint Leo University

3.0%

Ashford University

2.6%

Ohio State University

2.6%

Georgia State University

2.6%

University of Georgia

2.6%
Show More
Majors

Business

39.9%

Management

6.8%

Marketing

6.6%

Finance

5.7%

Psychology

4.5%

Accounting

4.4%

Communication

3.0%

Real Estate

3.0%

Political Science

2.8%

Human Resources Management

2.6%

English

2.5%

General Studies

2.3%

Criminal Justice

2.3%

Liberal Arts

2.0%

Computer Science

1.9%

Economics

1.9%

Supply Chain Management

1.9%

Electrical Engineering

1.8%

Education

1.8%

Health Care Administration

1.8%
Show More
Degrees

Bachelors

42.3%

Masters

21.6%

Other

20.5%

Associate

7.6%

Certificate

4.0%

Doctorate

2.3%

License

0.9%

Diploma

0.9%
Show More

Job type you want
Full Time
Part Time
Internship
Temporary
Average Yearly Salary
$78,000
View Detailed Salary Report
$43,000
Min 10%
$78,000
Median 50%
$78,000
Median 50%
$78,000
Median 50%
$78,000
Median 50%
$78,000
Median 50%
$78,000
Median 50%
$78,000
Median 50%
$140,000
Max 90%
Best Paying Company
New Penn Financial
Highest Paying City
Bloomington, MN
Highest Paying State
North Dakota
Avg Experience Level
2.6 years
How much does an Acquisition Specialist make at top companies?
The national average salary for an Acquisition Specialist in the United States is $78,679 per year or $38 per hour. Those in the bottom 10 percent make under $43,000 a year, and the top 10 percent make over $140,000.

Real Acquisition Specialist Salaries

Job Title Company Location Start Date Salary
Seismic Acquisition Specialist BP America Inc. Houston, TX May 17, 2011 $151,000 -
$174,300
Mass Acquisitions Specialist Google Inc. Mountain View, CA Oct 01, 2011 $106,000
Mergers & Acquisition Specialist Riverstone Resources LLC Manchester, NH May 05, 2014 $78,030
Data Acquisition Specialist O.C. Tanner Company Salt Lake City, UT May 03, 2013 $78,000
Data Acquisition Specialist Edifice Information Management Systems, Inc. Riverdale, NJ Oct 01, 2009 $78,000
Data Acquisition Specialist O.C. Tanner Company Salt Lake City, UT May 03, 2010 $78,000
Marketing, User Acquisition Specialist Concur Technologies, Inc. San Francisco, CA Aug 29, 2016 $75,000
Customer Acquisition Specialist Encyclopaedia Britannica Chicago, IL Oct 01, 2011 $50,000
Textile Acquisition Specialist Cameron Industries, Inc. New York, NY Oct 02, 2009 $43,000
Data Acquisition Specialist/Programmer Viper Drill, LLC Lake Charles, LA May 15, 2016 $42,262
Data Acquisition Specialist/Programmer Power Hydraulics LLC Lake Charles, LA Aug 25, 2013 $38,923
Acquisition Specialist American Optical Services LLC San Diego, CA Jan 10, 2014 $36,105

No Results

To get more results, try adjusting your search by changing your filters.

See More Salaries

How Would You Rate The Salary Of an Acquisition Specialist?

Have you worked as an Acquisition Specialist? Help other job seekers by rating your experience as an Acquisition Specialist.

Top Skills for An Acquisition Specialist

  1. Procedures
  2. Purchase Orders
  3. Project Management
You can check out examples of real life uses of top skills on resumes here:
  • Developed desktop procedures and instructional guides for processing purchase requests and reconciling contracts and purchase cards using Microsoft Word and PowerPoint.
  • Prepared and collected contract obligation history and invoice payment status for all assigned outstanding purchase orders.
  • Implemented and followed standardized project management methods and developed specific project planned documents.
  • Achieved extraordinary market share and revenue results through development of operational pricing guidelines for future projects exceeding $5M.
  • Assessed and analyzed distressed real estate for potential investment opportunities.

How Would You Rate Working As an Acquisition Specialist?

Are you working as an Acquisition Specialist? Help us rate Acquisition Specialist as a Career.

Rank:

Average Salary:

Embed On Your Website

Top 10 Best States for Acquisition Specialists

  1. District of Columbia
  2. Virginia
  3. Rhode Island
  4. Maryland
  5. Massachusetts
  6. Alabama
  7. Pennsylvania
  8. Delaware
  9. Alaska
  10. North Dakota
  • (275 jobs)
  • (890 jobs)
  • (72 jobs)
  • (426 jobs)
  • (571 jobs)
  • (181 jobs)
  • (704 jobs)
  • (58 jobs)
  • (29 jobs)
  • (66 jobs)

Top Acquisition Specialist Employers

Jobs From Top Acquisition Specialist Employers

Acquisition Specialist Videos

Human Resource Management Lecture Part 03 - Talent Acquisition

Career Advice on becoming a Human Resources Manager by Jennifer C (Full Version)

2015 IT Salary and Hiring Trends

Related to your recently viewed content