What is a purchase price analyst and how to become one

Key steps to become a purchase price analyst

1. Explore purchase price analyst education requirements

   Most common purchase price analyst degrees

   Bachelor's

   70.8 %

   Associate

   25.0 %

   High School Diploma

   4.2 %

2. Start to develop specific purchase price analyst skills

   Skills	Percentages
   Customer Service	100.00%

3. Complete relevant purchase price analyst training and internships

   Accountants spend an average of 6-12 months on post-employment, on-the-job training. New purchase price analysts 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 purchase price analyst based on U.S. Bureau of Labor Statistics data and data from real purchase price analyst resumes.

4. Research purchase price analyst duties and responsibilities

   • Manage factory activities for key commodities encompassing resource management in materials and production.
   • Utilize DSTWare ERP system to analyze orders for inventory replenishment by means of interpreting trends, deviations, and statistical tests.
   • Code analysis as per the best practices on PL/SQL.
   • Work with current software vendor and pricing manager to utilize ERP system for procurement and pricing protocols.

5. Apply for purchase price analyst jobs

   Now it's time to start searching for a purchase price analyst 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