The Director of Purchasing is in charge of maintaining good performance in various levels of activities. First, he/she is saddled with the responsibility of negotiating prices and checking for good quality materials or products. Also, the type of products that will be used for production is determined by the director. Plus, he/she makes findings of where to get the desired product. After this, he/she draws the budget cost, which often includes transportation, staffing, and prices of products. Not just this, but he/she also builds trusting relationships with different vendors to get good prices and great quality.
To be a purchasing director, some essential skills and educational levels are required. For the skills, a purchasing director should be able to lead a team successfully. He/She should also possess problem-solving skills should in case they face any challenges during their job. Besides these, it might be expected of him to understand some accounting principles in Microsoft Word and Excel. Directors of Purchasing make $103,449 annually.
There is more than meets the eye when it comes to being a director of purchasing. For example, did you know that they make an average of $55.33 an hour? That's $115,077 a year!
Between 2018 and 2028, the career is expected to grow -6% and produce -29,200 job opportunities across the U.S.
There are certain skills that many directors of purchasing have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, decisionmaking skills and math skills.
If you're interested in becoming a director of purchasing, one of the first things to consider is how much education you need. We've determined that 67.9% of directors of purchasing have a bachelor's degree. In terms of higher education levels, we found that 11.2% of directors of purchasing have master's degrees. Even though most directors of purchasing have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a director of purchasing. When we researched the most common majors for a director of purchasing, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on director of purchasing resumes include master's degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become a director of purchasing. In fact, many director of purchasing jobs require experience in a role such as purchasing manager. Meanwhile, many directors of purchasing also have previous career experience in roles such as buyer or purchasing agent.