Where do you want to work?
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.
Average Length of Employment
Top Careers Before Contract Analyst
Top Careers After Contract Analyst
Hispanic or Latino9.9%
Black or African American0.9%
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University of Phoenix24.9%
University of Houston6.4%
George Washington University4.7%
Pennsylvania State University4.7%
Texas A&M University4.7%
University of Maryland - University College4.2%
Arizona State University3.6%
Saint Joseph's University3.6%
American InterContinental University3.3%
New York University3.0%
University of Colorado at Boulder3.0%
University of Texas at Austin2.8%
Unfortunately we don’t have enough data for this section.
|Job Title||Company||Location||Start Date||Salary|
|Contract Analyst||D.E. Shaw & Co., L.P.||New York, NY||May 10, 2010||$160,000|
|Contract Analyst||D.E. Shaw & Co., L.P.||New York, NY||May 09, 2010||$160,000|
|Contract Analyst||D.E. Shaw & Co., L.P.||New York, NY||Sep 05, 2010||$120,000|
|Analyst II Contracts||Gilead Sciences, Inc.||Foster City, CA||Jul 10, 2013||$89,109 -
|Contract Analyst||International Institute for Learning, Inc.||New York, NY||Apr 15, 2016||$81,286|
|Contract Analyst III||Williams WPC-I, LLC||Houston, TX||Sep 20, 2013||$79,029|
|Specialist Contract & Capital Analyst||VMC Consulting Croporation||Redmond, WA||Dec 01, 2009||$78,889|
|Contract Service Analyst||Partners Healthcare||Boston, MA||Nov 23, 2009||$78,000|
|Analyst II Contracts||Gilead Sciences, Inc.||Foster City, CA||Sep 10, 2014||$75,167 -
|Contract Analyst||Siemens Energy, Inc.||Orlando, FL||Sep 12, 2014||$75,000|
|Contracts Analyst||Cantor Fitzgerald LP||New York, NY||Jul 18, 2011||$72,000|
|Purchasing and Contract Analyst||Milky Way International Trading Co.||Norwalk, CA||Feb 26, 2013||$72,000|
|Contract Analyst||International Institute for Learning, Inc.||New York, NY||Jul 17, 2015||$70,000|
|Contract Analyst||National Consulting Group Inc.||Piscataway, NJ||Jan 27, 2012||$69,000|
|Management and Contract Analyst||The Goldstar Firm, P.L.||Hallandale Beach, FL||Sep 18, 2013||$58,436|
|Legal Translator/Contract Analyst||Morales Group||Indianapolis, IN||Aug 16, 2008||$58,039|
|Latin American Contract Analyst||Res America Developments Inc.||Broomfield, CO||Oct 01, 2012||$58,000|
|Projects and Contracts Analyst II||Covance Inc.||Madison, WI||Aug 15, 2009||$58,000|
|Latin American Contract Analyst||Res America Developments Inc.||Broomfield, CO||Jun 25, 2012||$58,000|
|Contracts Analyst II||Quintiles, Inc.||Jersey City, NJ||Sep 22, 2012||$57,637 -
|Claims & Contracts Analyst||Mediterranean Shipping Company (USA), Inc.||Houston, TX||May 29, 2013||$56,000|
|Software Contracts Analyst||Cummins Inc.||Columbus, IN||Oct 01, 2010||$51,563 -
|Contract Analyst||Tri State Construction Services Inc.||NY||Jan 09, 2016||$51,445|
|Contract Analyst||ZTE USA, Inc.||Richardson, TX||Nov 17, 2012||$51,064|
|Contracts Analyst||The Advisory Board Company||Washington, DC||Sep 15, 2015||$51,000|
|Claims and Contracts Analyst||Mediterranean Shipping Company (USA), Inc.||Rosemont, IL||Sep 24, 2011||$51,000|
|Ocean Contract Analyst||UTI United States Inc.||Long Beach, CA||Apr 15, 2011||$50,274 -
|Contracts Analysts||The Risk Management Association||Philadelphia, PA||Nov 17, 2011||$50,000 -
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