Purchasing Managers: Salary, Job Description, How To Become One, and Quiz

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Purchasing Managers career information
pros and cons of being a Purchasing Manager

Purchasing Managers

plan, direct, or coordinate the activities of buyers, purchasing officers, and related workers involved in purchasing materials, products, and services. Includes wholesale or retail trade merchandising managers and procurement managers.

$125630
Salary
73%
Job Satisfaction
Hard
Becoming One
Low
Job Growth
Suitable Personality

Purchasing Managers

Salary, Job Description, How To Become One, and More


In this career summary, you will find out what the job of a Purchasing Manager is about and what it is like.

After reading this, you will have a good idea on what the job is about and decide if this is the right career for you.



Job description

Purchasing Managers plan, direct, or coordinate the activities of buyers, purchasing officers, and related workers involved in purchasing materials, products, and services. Includes wholesale or retail trade merchandising managers and procurement managers.


    Read more about what does a Purchasing Manager really do at work and what is it like being and working as one.




    Become one

    schools for Purchasing Managers

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    Salary

    Average salary
    $125630 per year

    Average hourly wage
    $60 per hour


    Purchasing Managers with little to no experience tend to make between $69860 and $90460 while the more experienced ones can earn over $149960 per year.

    Top 5 paying statesHourlyAnnual
    NJ$79$164,910
    NY$71$147,470
    CO$69$144,090
    CA$68$141,400
    DC$68$141,150

    One of the easiest ways to increase your salary as a Purchasing Manager is to move to a higher paying state like NJ. Right now, the highest paying states for Purchasing Managers are NJ, NY, CO, CA and DC.

    However a higher pay at NJ doesn’t guarantee that you will make more because the living expenses at NJ might be twice as high than where you are currently at now.

    Three other factors that can increase your salary as a Purchasing Manager is the degree you hold, the industry you work in and lastly the company you work for.



    Requirements

    Recommended degree level
    Bachelor’s Degree

    We asked other Purchasing Managers what degree they had when they got the job and most of them said they had a Bachelor’s Degree followed by an Associate’s Degree.

    Other than that, we also asked them what did they major in and here are the most popular majors that came up.

    Purchasing, Procurement/Acquisitions and Contracts Management

    Read more about how to become a Purchasing Manager and the degree, training and education you need.



    Pros and Cons

    Here are some of the pros and cons of being a Purchasing Manager.

    PROS
    Suitable for people who likes to start and carry out projects
    Suitable for people who wants job security and a good working condition
    This career is perfect for people who love to work indoors.
    One of the highest paid careers in the world
    CONS
    Not suitable for people who likes to work with designs
    It is hard to get into this career. A considerable amount of work-related skill, knowledge, or experience is required for this career.
    Demand for this career is growing very slowly
    Long working hours (More than 40 hours per week)



    What is the job like

    Job satisfaction
    73%

    Is this job meaningful
    49%


    73% of Purchasing Managers said they were satisfied with their job and 49% said they feel like their job is making other people’s lives better.



    Is this right for me

    Best personality for this career
    The Entrepreneurs and The Organizers


    You can read more about these career personality types here.

    People who are suitable for this job tends to like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business..

    They also like following set procedures and routines. They like working with data and details more than with ideas.



    How we can help

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