Purchasing Manager Education Requirements

Purchasing managers are responsible for handling the purchasing activities of a department or a set of departments of a firm. The budget for purchasing is to be decided between the purchasing manager and the finance manager. The purchasing manager should also work out the accounts payables period depending upon the interest of the company and the requirements of the suppliers. Candidates who would like to become a purchasing manager should possess education in general management with skills in sales, retail, purchasing, accounting, procurement, etc. Candidates should also have a good knowledge of the product market and the effective location and cost at buying the products from the suppliers. Read on to know more about the education requirements and training tom aim for the position of a purchasing manager.

Purchasing Manager Educational Requirements

  • Candidates who would like to become a purchasing manager should gain retail management experienced focused on purchasing functionality.
  • Candidates can also take up courses in general business management, economics, and accounting.
  • Those who have a relevant full time experience of working in projects for the purchasing department would definitely be given more preference over the others.
  • Candidates who would be inducted as purchasing managers would be given the initial job training so that they can pick up the tasks and start delivering them. Candidates are expected to be quick to grasp the concepts and start contributing responsibly.

Purchasing Manager Degree, Courses, and Certifications

The following given courses are mostly opted by candidates who are seriously considering the job of a purchasing manager. They are:

  • Master of Business Administration
  • BBA – Retail Management Concentration
  • BS in Retail Management
  • BA in Service Management – Mass-market Retain Enterprise Management
  • Graduate Certificate – E-Commerce Management

Purchasing Manager Qualifications and Training

Candidates whose aim is to become a purchasing manager should preferably gain additional training and certification in supply chain management, operations, and logistics. Candidates should possess good management skills and business knowledge.

Purchasing Manager Colleges and Universities

Purchasing Manager Wages and Salaries

Candidates may find enormous job opportunities as purchasing manager if they meet the education requirements and possess the job experience in purchasing. The popular industries that are in search for good purchasing managers are manufacturing and distribution, retail or wholesale distribution, food manufacturing, steel or metal manufacturing, health care, etc. A purchasing manager in the United States will be able to earn salary in the range of $37,000 to $102,000 per year. The median salary could be $70,000 per year approximately.

Category: Administration Education Requirements

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