Purchasing managers buy equipment, goods and services for their company – comparing costs, quality and service to get the best value for money.
- Deciding what goods, services and equipment are needed
- Keeping an eye on stock levels
- Researching and identifying new products and suppliers
- Weighing up tenders from potential suppliers.
- Ensuring that suppliers deliver on time, payments and invoices are processed and that the company keeps up with market trends
- Negotiating, networking, working with figures and making good financial decisions
- Newly trained Purchasing Managers can earn in the region of £25,000 - £30,000
- Trained with experience Purchasing Managers can earn in the region of £30,000 - £40,000
- Senior or Chartered Purchasing Managers can earn in the region of £40,000 - £55,000
Qualifications & TrainingTo be a purchasing manager in the construction industry you usually need a degree level qualification, such as BSc (Hons) in Construction Management or BSc (Hons) in Commercial Management. A company may sponsor you to attend university through its graduate or management trainee scheme. As part of a full time degree you may choose a sandwich course, where some of your time is spent gaining experience in the industry. Most employers expect purchasing managers to have – or be working towards – membership of the Chartered Institute of Procurement and Supply (CIPS).