What does a purchasing agent do?
One of your main responsibilities as a purchasing agent is to find the best possible prices for supplies that a company needs. In order to do this, you will work with vendors and suppliers, negotiating contracts and prices. You will likely also track orders, ensure that delivery deadlines get met, keep track of inventory levels, and report any issues to management.
Keeping tabs on spending
Another important responsibility of purchasing agents is to monitor spending. You will do this by developing and maintaining relationships with vendors, negotiating prices, and looking for ways to get discounts. By keeping tabs on spending, you help businesses save money.
Keeping tabs on marketplace changes
As a purchasing agent, you'll also need to stay up to date on changes in the marketplace. You'll do this by attending trade shows and conferences, reading industry publications, and talking to other purchasing agents. By keeping up with changes in the marketplace, the businesses you work for will stay ahead of the competition.
Training new employees
In some cases, you will be responsible for training new employees. You'll be teaching them about the purchasing process, how to find vendors, how to negotiate prices and how to keep track of spending.
View JobsWhat is the average salary of a purchasing agent?
According to the Bureau of Labor Statistics, the median annual salary for purchasing agents is $75,410. This translates to an hourly wage of $36.18. You need to note that salaries will vary depending on factors such as your experience, education, and the industry you work in.
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Education
As with most jobs, the level of education you have will impact your salary. Purchasing agents who have a bachelor’s degree tend to earn more than those who only have a high school diploma. In addition, if you've taken courses in business, math, and economics, you'll likely be more successful in your career and earn a higher salary.
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Experience
Experience is also a key factor in determining your salary. Purchasing agents who have been in the workforce for longer tend to earn more than those who are just starting out. In addition, purchasing agents who have worked their way up the ladder and have held positions of responsibility tend to earn higher salaries.
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Location
If you find work in cities, expect to earn more than those who work in rural areas. Usually, the cost of living is higher in cities, so companies need to pay higher salaries to attract and retain employees. In addition, cities tend to have more job opportunities for purchasing agents. Also, there are some cities, such as New York and Los Angeles, where the demand for purchasing agents is high and the competition for jobs is fierce. As a result, salaries in these cities are often higher than in other parts of the country.
Purchasing agent job description
When you become a purchasing agent, there are certain duties you will perform, often working with a variety of people and businesses to get the job done.
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What are the responsibilities of a purchasing agent?
One of the most important responsibilities you'll have as a purchasing agent is to find vendors to provide the goods and services that businesses need. Purchasing agents use a variety of methods to find vendors, such as attending trade shows, reading industry publications, and talking to other purchasing agents. They then contact the vendors and request quotes for the goods and services they need. Secondly, you'll be negotiating with vendors to get the best possible price for the goods and services they need. You'll use your negotiating skills to get discounts, extended payment terms, and other concessions from vendors. Finally, you'll place orders with vendors, track the delivery of goods and services, and track spending to ensure that businesses do not overspend on their purchases.
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What type of equipment do purchasing agents use?
In this job, you'll use a variety of equipment in your work. You'll use computers to search for vendors, request quotes, and place orders. You'll also use fax machines and photocopiers to send and receive documents. In addition, purchasing agents often use software programs to track spending and manage vendor relationships. Sometimes, the type of equipment a purchasing agent uses will depend on the company they work for. For example, some companies will require purchasing agents to use specific software programs.
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What is the work environment of a purchasing agent?
When you become a purchasing agent, you will usually work in an office. You will spend most of your time sitting at a desk, using a computer. Purchasing agents often work long hours, including evenings and weekends. This is because they need to place orders with vendors who’re located in different time zones. In addition, sometimes, purchasing agents need to travel to meet with vendors or to attend trade shows. Also, depending on where you work, you will have the option to work from home or have a hybrid work structure. For example, some companies allow purchasing agents to work from home one or two days per week. In addition, some companies have a hybrid work structure in which employees split their time between working in the office and working from home.
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Who are your colleagues as a purchasing agent?
As a purchasing agent, you will work with a variety of colleagues. You will be tasked with developing good relationships with the vendors you purchase goods and services from. Depending on the type of company you work for, you will work with other types of professionals, such as systems engineers, marketing professionals, and accounting personnel. For instance, if you work for a manufacturing company, you will coordinate with the engineering department to ensure that the products you purchase meet their specifications. In addition, you will establish good working relationships with the managers and employees of the businesses you work for. These relationships are important because they will help you get the best possible prices from vendors and ensure that the businesses you work for are happy with the goods and services they receive.
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What is the work schedule of a purchasing agent?
As a purchasing agent, you will usually work full-time during regular business hours. However, sometimes, you will work evenings and weekends in order to coordinate with vendors who’re located in different time zones. Purchasing agents often work during evenings and weekends. They do so especially when they need to place orders with vendors who’re located in different time zones. Your job schedule, however, will vary depending on the company you work for and the type of business it is in.
What is the career outlook for a purchasing agent?
Although the U.S. Bureau of Labor Statistics predicts that the job outlook for purchasing agents will decline at a rate of 4% by 2030, this does not mean that there will be no jobs for purchasing agents. When you consider the fact that there are businesses of all types that need to purchase goods and services, it's easy to see why this job will always be in demand. In addition, as the economy continues to globalize, there will be an increasing need for purchasing agents to coordinate with vendors in different parts of the world. Additionally, this job offers you skills that often come in handy use in a variety of other jobs, such as logistics coordinator and supply chain manager.
What are the advantages of working with Spherion as a purchasing agent?
Are you actively looking to get a job as a purchasing agent? If so, Spherion will help you out. Spherion is a staffing agency that places workers in a variety of different types of jobs. We have a team of expert recruiters who will work with you to find a job that matches your skills and interests. In addition, we offer a variety of resources that will help you in your job search. Of course, we offer countless networking opportunities, which means you'll have the chance to meet other professionals who will help you in your career. Some of the other advantages of working with Spherion include:
- Getting paid each week
- Having a contact person to fall back on and ask for help
- Getting many training opportunities
- Having a wide range of jobs in your area
- Having a personal contact to assist you with your job search
- Getting training opportunities for gaining more advanced skills
- Flexible scheduling options
What education do you need as a purchasing agent?
In order to become a purchasing agent, you will need at least a bachelor's degree in business administration or a related field. However, many employers prefer to hire candidates who have a master's degree. However, the most important thing is to have experience in the field. Many purchasing agents start their careers as interns or entry-level employees and work their way up. In some situations, employers offer training programs for entry-level employees. These programs usually last between one and two years.
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How about licenses and certifications?
There are no licenses or certifications required to become a purchasing agent. However, it is helpful to have certification from the American Purchasing Society. This certification shows that you have the necessary skills and knowledge to do the job. It will likely also help you get a job and advance in your career.
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Skills & competencies
One of the most important things for a purchasing agent is to have strong negotiation skills. After all, your job is to get the best possible price for the goods and services your company needs. It's also important to be able to manage multiple tasks at the same time and stay organized. This is because you will often be working with multiple vendors at the same time. In addition, it is helpful to have strong communication skills. Remember that you will need to be able to communicate effectively with both vendors and internal customers. Besides that, it is also helpful to have strong analytical skills; these will come in handy when you are trying to find the best possible deals. Last but not least, it is helpful to have a strong understanding of computer systems and software. This is because you will need to use these tools to do your job effectively.
FAQs
Purchasing agents are essential to make sure businesses have everything they need to run smoothly. Although the job may seem straightforward, there are a variety of questions that people often have about the position.
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What's the difference between a purchasing agent and a procurement officer or buyer?
A purchasing agent is responsible for the procurement of goods and services for their company, while buyers are responsible for the purchase of merchandise for resale. The main difference between the two positions is that purchasing agents usually work in manufacturing or wholesale companies, while buyers usually work in retail stores. The main difference between a purchasing agent and a procurement officer is that purchasing agents are responsible for the purchase of goods and services, while procurement officers are responsible for the entire procurement process. This includes planning, organizing, and controlling the procurement process.
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Is it easy to find a job as a purchasing agent?
Although the job market for purchasing agents is not as strong as it was a few years ago, it is still possible to find a job as a purchasing agent. All you need to do is make sure that you have the necessary skills and experience. If possible, try to get a job with a company that is in a growth industry. This will give you the best chance of finding a job as a purchasing agent.
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How do I apply for a job as a purchasing agent?
Applying for a job as a purchasing agent is easy with Spherion. Simply search for purchasing agent jobs on Spherion.com by job title and location. If you don’t see the perfect role, submit an open application. Once you submit your contact information and resume through Spherion’s open application, a recruiter from the office closest to you will reach out with details about potential purchasing agent roles that fit your skill set and professional goals.