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Senior purchasing manager hiring summary. Here are some key points about hiring senior purchasing managers in the United States:
Here's a step-by-step senior purchasing manager hiring guide:
A senior purchasing manager is responsible for spearheading and overseeing the efforts in purchasing supplies for a company. They are in charge of managing purchasing teams, gathering purchase requests, identifying the company's needs, and setting goals in adherence to the budget. They must also liaise with vendors and suppliers, negotiate contracts, and build positive relationships with them. Furthermore, as a senior manager, it is essential to lead and encourage teams to reach goals, all while implementing the company's policies and regulations.
Before you post your senior 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 senior 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 senior 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 senior purchasing manager that fits the bill.
Here's a comparison of senior purchasing manager salaries for various roles:
| Type of Senior Purchasing Manager | Description | Hourly rate |
|---|---|---|
| Senior 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. | $37-73 |
| 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 |
| Contracts Director | A contract director is primarily in charge of developing and negotiating contracts with clients and partners, ensuring adherence to the company's policies and regulations. Their responsibilities typically revolve around performing extensive research and analysis to foresee potential advantages and disadvantages, coordinating with analysts and other experts, monitoring the progress of operations to ensure contract compliance of both parties, and overseeing the development of proposals within the organization... Show more | $22-55 |
Including a salary range in the senior purchasing manager job description is a good way to get more applicants. A senior purchasing manager salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.
For example, the average salary for a senior purchasing manager in North Dakota may be lower than in California, and an entry-level engineer typically earns less than a senior-level senior purchasing manager. Additionally, a senior purchasing manager with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $144,929 | $70 |
| 2 | Massachusetts | $128,426 | $62 |
| 3 | New York | $119,436 | $57 |
| 4 | Michigan | $112,824 | $54 |
| 5 | New Jersey | $111,684 | $54 |
| 6 | District of Columbia | $109,590 | $53 |
| 7 | North Carolina | $105,510 | $51 |
| 8 | Florida | $103,722 | $50 |
| 9 | Virginia | $103,039 | $50 |
| 10 | Texas | $102,305 | $49 |
| 11 | Illinois | $102,175 | $49 |
| 12 | Minnesota | $102,055 | $49 |
| 13 | Ohio | $99,333 | $48 |
| 14 | Wisconsin | $96,586 | $46 |
| 15 | South Carolina | $93,914 | $45 |
| 16 | Colorado | $92,368 | $44 |
| 17 | Indiana | $89,849 | $43 |
| 18 | Georgia | $88,178 | $42 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Tonix Pharmaceuticals | $152,190 | $73.17 | |
| 2 | Rivian | $150,679 | $72.44 | 13 |
| 3 | Koppers | $141,981 | $68.26 | 2 |
| 4 | Waters | $139,490 | $67.06 | 5 |
| 5 | ICU Medical | $138,071 | $66.38 | |
| 6 | Gillette | $137,321 | $66.02 | |
| 7 | Exterran Corporation HQ | $136,291 | $65.52 | |
| 8 | Toll Brothers | $133,666 | $64.26 | 3 |
| 9 | Alnylam Pharmaceuticals | $129,245 | $62.14 | |
| 10 | Golden State Foods | $127,700 | $61.39 | |
| 11 | Baker Hughes | $126,518 | $60.83 | 6 |
| 12 | Hologic | $125,974 | $60.56 | |
| 13 | P&G | $124,391 | $59.80 | 12 |
| 14 | Magna International | $124,119 | $59.67 | 4 |
| 15 | Reckitt Benckiser | $123,959 | $59.60 | 2 |
| 16 | Baxter International | $122,738 | $59.01 | |
| 17 | Generac Holdings | $122,584 | $58.93 | 10 |
| 18 | Related Companies | $118,549 | $56.99 | |
| 19 | Analogic | $118,107 | $56.78 | 2 |
| 20 | Exactech | $117,183 | $56.34 |
A senior 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 senior purchasing manager job description:
There are various strategies that you can use to find the right senior purchasing manager for your business:
Your first interview with senior purchasing manager candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to 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 senior 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.
It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.
To prepare for the new senior purchasing manager first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.
Hiring a senior purchasing manager comes with both the one-time cost per hire and ongoing costs. The cost of recruiting senior 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 senior purchasing manager recruiting as well the ongoing costs of maintaining the new employee.
The median annual salary for senior purchasing managers is $109,837 in the US. However, the cost of senior purchasing manager hiring can vary a lot depending on location. Additionally, hiring a senior purchasing manager for contract work or on a per-project basis typically costs between $37 and $73 an hour.