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Purchasing manager hiring summary. Here are some key points about hiring purchasing managers in the United States:
Here's a step-by-step purchasing manager hiring guide:
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.
Before you post your purchasing manager job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find a purchasing manager for hire on a part-time basis or as a contractor.
You should also consider the ideal background you'd like them a purchasing manager to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a purchasing manager that fits the bill.
The following list breaks down different types of purchasing managers and their corresponding salaries.
| Type of Purchasing Manager | Description | Hourly rate |
|---|---|---|
| Purchasing Manager | Purchasing managers plan, direct, and coordinate the buying of materials, products, or services for wholesalers, retailers, or organizations. They oversee the work of procurement-related occupations including buyers and purchasing agents. | $33-65 |
| Director, Procurement | The responsibilities of a procurement director revolve around ensuring the efficient and smooth flow of supplies within the company, developing procurement strategies for optimal services and operations, assessing risks, and overseeing the implementation of new policies and regulations in the company. It is essential to coordinate with analysts to identify areas with potential opportunities or those needing improvements... Show more | $47-95 |
| Procurement Officer | A procurement officer is primarily in charge of overseeing the procurement of supplies and equipment for an organization, prioritizing cost-efficiency and quality. It is their duty to manage the company's supply inventory, compile and analyze procurement requests, develop purchase plans, handle purchase procedures, and maintain records of all transactions, producing reports regularly... Show more | $25-48 |
Including a salary range in your purchasing manager job description is one of the best ways to attract top talent. A purchasing manager can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $119,759 | $58 |
| 2 | Maine | $112,915 | $54 |
| 3 | Washington | $106,363 | $51 |
| 4 | New York | $102,970 | $50 |
| 5 | Connecticut | $101,839 | $49 |
| 6 | Michigan | $101,594 | $49 |
| 7 | Massachusetts | $101,428 | $49 |
| 8 | District of Columbia | $97,301 | $47 |
| 9 | Pennsylvania | $95,813 | $46 |
| 10 | Oregon | $95,598 | $46 |
| 11 | Illinois | $94,789 | $46 |
| 12 | Wisconsin | $94,618 | $45 |
| 13 | Maryland | $92,342 | $44 |
| 14 | North Carolina | $92,052 | $44 |
| 15 | Virginia | $91,631 | $44 |
| 16 | Indiana | $90,715 | $44 |
| 17 | Minnesota | $90,538 | $44 |
| 18 | Ohio | $89,898 | $43 |
| 19 | Nevada | $87,809 | $42 |
| 20 | Arizona | $86,934 | $42 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | McKinsey & Company Inc | $171,562 | $82.48 | 4 |
| 2 | Boston Consulting Group | $160,923 | $77.37 | 2 |
| 3 | A.T. Kearney | $159,324 | $76.60 | |
| 4 | Meta | $158,340 | $76.13 | 15 |
| 5 | Apple | $152,739 | $73.43 | 15 |
| 6 | $150,613 | $72.41 | 71 | |
| 7 | Airbnb | $149,570 | $71.91 | |
| 8 | Lyft | $148,315 | $71.31 | 1 |
| 9 | Quidel | $146,606 | $70.48 | |
| 10 | Netgear | $146,499 | $70.43 | |
| 11 | Pure Storage | $146,003 | $70.19 | 1 |
| 12 | NetApp | $145,993 | $70.19 | 2 |
| 13 | Safeway | $145,851 | $70.12 | |
| 14 | Intuitive Surgical | $144,690 | $69.56 | 6 |
| 15 | Rivian | $144,176 | $69.32 | 14 |
| 16 | NVIDIA | $143,707 | $69.09 | 3 |
| 17 | Western Digital | $143,220 | $68.86 | 44 |
| 18 | Fluid Components International | $142,237 | $68.38 | |
| 19 | Infinera | $141,654 | $68.10 | |
| 20 | Genentech | $141,488 | $68.02 |
A purchasing manager job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a purchasing manager job description:
To find purchasing managers for your business, try out a few different recruiting strategies:
To successfully recruit purchasing managers, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.
You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you have selected a candidate for the purchasing manager position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.
You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
Hiring a purchasing manager comes with both the one-time cost per hire and ongoing costs. The cost of recruiting purchasing managers involves promoting the job and spending time conducting interviews. Ongoing costs include employee salary, training, benefits, insurance, and equipment. It is essential to consider the cost of purchasing manager recruiting as well the ongoing costs of maintaining the new employee.
The median annual salary for purchasing managers is $98,118 in the US. However, the cost of purchasing manager hiring can vary a lot depending on location. Additionally, hiring a purchasing manager for contract work or on a per-project basis typically costs between $33 and $65 an hour.