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Purchasing manager Procurement manager

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Purchasing managers buy equipment, goods and services for their company.

Salary, a pound sign Salary: £20,000 to £60,000 average per year
Hours, a clock face Hours: 35 to 40 per week

1. Entry requirements

There are no set requirements, but experience in a company's purchasing department could help.

You may also be able to get into this role through a company's management training scheme.

2. Skills required

You'll need:

  • financial skills
  • excellent negotiating and networking skills
  • leadership and management skills

3. What you'll do

Your day-to-day tasks may include:

  • deciding what goods, services and equipment are needed
  • monitoring and forecasting stock levels
  • researching and finding new products and suppliers
  • assessing tenders from potential suppliers
  • negotiating prices and agreeing contracts
  • keeping up to date with market trends

In larger organisations you may run a purchasing department and lead a team of buyers and administrators. In smaller companies, you may combine purchasing with other management duties.

4. Salary

Starter: £20,000 to £25,000

Experienced: £25,000 to £40,000

Highly Experienced: up to £60,000

These figures are a guide. Salaries may be higher in very large companies.

5. Working hours, patterns and environment

You'll usually work standard office hours, Monday to Friday, with occasional overtime to meet deadlines. Part-time work may be available.

You'll be mainly office based, but may also travel to meet suppliers.

6. Career path and progression

You can improve your career prospects with a qualification from the Chartered Institute of Purchasing and Supply.

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Last updated: 13 September 2018