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.

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What 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.

Purchasing Agent jobs
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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 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
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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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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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