What is a procurement cost coordinator and how to become one

Key steps to become a procurement cost coordinator

1. Explore procurement cost coordinator education requirements

   Most common procurement cost coordinator degrees

   Bachelor's

   69.4 %

   Associate

   14.9 %

   Master's

   9.9 %

   Show more

2. Start to develop specific procurement cost coordinator skills

   Skills	Percentages
   Coordinators	14.74%
   Purchase Orders	12.60%
   Cost Analysis	10.93%
   Administrative Functions	8.85%
   Cost Control	8.60%

   Show more

3. Complete relevant procurement cost coordinator training and internships

   Accountants spend an average of 6-12 months on post-employment, on-the-job training. New procurement cost coordinators learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a procurement cost coordinator based on U.S. Bureau of Labor Statistics data and data from real procurement cost coordinator resumes.

4. Research procurement cost coordinator duties and responsibilities

   • Communicate thoroughly with factories abroad to receive and negotiate CMT prices to attain target mark-ups prior to bulk production.
   • Utilize EDI communications to manage customer requirements and shipment coordination.
   • Process supplier price changes for distribution to billing coordinators.
   • Implement the correction of BOM's working closely with the engineering department in order to have an accurate material requirements planning.

5. Apply for procurement cost coordinator jobs

   Now it's time to start searching for a procurement cost coordinator job. Consider the tips below for a successful job search:

   1. Browse job boards for relevant postings
   2. Consult your professional network
   3. Reach out to companies you're interested in working for directly
   4. Watch out for job scams