Based on recent jobs postings on Zippia, the average salary in the U.S. for a Procurement Agent is $72,384 per year or $35 per hour. The highest paying Procurement Agent jobs have a salary over $106,000 per year while the lowest paying Procurement Agent jobs pay $49,000 per year
The job of senior buyers, or also known as purchasing agents, is to meet the material needs of an organization. They are responsible for finding suppliers, arranging the distribution to several retail outlets, and supervising other purchasing agents. They also look for new product streams and establish procurement strategies. Senior buyers typically begin their careers as assistant buyers or junior purchasing agents. Most employers usually prefer those with college degrees in marketing, business, and economics.
A purchasing manager is responsible for organizing and managing products to order or sell. Purchasing managers review product specifications, negotiate pricing details with the vendors, evaluate and choose the best suppliers, and assist purchasing agents. Purchase managers are also responsible for resolving order processing issues and analyzing current market trends to determine which products to purchase. A purchasing manager must have excellent decision-making and strategical skills to examine effects, inspect defective items, and create an in-depth analysis of customers' needs to improve their performance and sales.
Project managers oversee a specific project related to the organization's business. They manage the whole project from inception to evaluation. They initiate planning with involved departments, follow-through on the plans, ensure smooth execution of the plans, and evaluate the project for further improvements should these be needed. In line with this, project managers also ensure that the project is cost-efficient and well within the budget. They also manage the different work teams involved in the project and ensure that things are running smoothly on this aspect as well.
It is the responsibility of the supply chain specialist to procure materials to manufacture and ship products. The supply chain specialist determines and orders the proper quantities and negotiates pricing and their shipment terms. They oversee the delivery of necessary materials for the fulfillment of orders made by customers. The specialists need to develop strong skills in project management, business ethics, problem-solving, understanding of financial statements, communication skills, and cost accounting skills.
As a subcontract administrator, you will be responsible for identifying the needs of a company and implement measures and initiatives to fulfill those needs. This role will require you to perform a few tasks, including responding to purchase requisitions, soliciting bids and proposals from new and existing sources, and evaluating terms and awarding the subcontract. You are then expected to monitor the subcontract terms, including plans, progress, and payments. You will also be responsible for negotiating additions, modifications, and deletions of subcontracts.
The skills you need to be a purchasing agent are analytical and interpersonal, in addition to basic math and digital knowledge.
Purchasing, or procurement, agents buy parts and materials their organization needs to function. They must keep up with market and sales trends and identify which purchases are most profitable and sustainable for their organization.