Director, procurement can also be known as purchasing director or procurement director. These professionals are responsible for developing and implementing procurement policies in an organization. Directors of procurement may also negotiate supplies, communicate with vendors, and settle disputes in procurement.
Directors of procurement usually work in industries like manufacturing, where the organization needs a large volume of supplies to function. While supervising procurement, the director may handle vendor relationships, review quality and price, and monitor current inventory.
As a procurement director, you may also need to create reports for upper management, usually the chief financial officer or related executives. You may also be in charge of regulating the procurement budget in the organization.
To become a director of procurement, you need a relevant bachelor's degree. More importantly, you need up to seven years of relevant purchasing experience. Directors of procurement also need excellent relationship building skills because they collaborate with people outside the organization.
There is more than meets the eye when it comes to being a director, procurement. For example, did you know that they make an average of $64.9 an hour? That's $135,001 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, procurement 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.
When it comes to the most important skills required to be a director, procurement, we found that a lot of resumes listed 11.7% of directors, procurement included supplier performance, while 10.3% of resumes included procedures, and 7.0% of resumes included product category. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the director, procurement job title. But what industry to start with? Most directors, procurement actually find jobs in the manufacturing and technology industries.
If you're interested in becoming a director, procurement, one of the first things to consider is how much education you need. We've determined that 64.3% of directors, procurement have a bachelor's degree. In terms of higher education levels, we found that 18.8% of directors, procurement have master's degrees. Even though most directors, procurement 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, procurement. When we researched the most common majors for a director, procurement, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on director, procurement resumes include associate degree degrees or doctoral degree degrees.
You may find that experience in other jobs will help you become a director, procurement. In fact, many director, procurement jobs require experience in a role such as purchasing manager. Meanwhile, many directors, procurement also have previous career experience in roles such as buyer or senior buyer.