Roles and tasks of the Purchasing Manager
Purchasing managers have a wide range of responsibilities and tasks within a company. The main role of the Purchasing Manager is to ensure that the products and materials required for the production and distribution of finished products are properly sourced. Their main duties are as follows:
- Establishing and maintaining a coherent and effective purchasing strategy for all the company's products and materials.
- Developing and maintaining long-term relationships with suppliers to ensure the smooth running and continuity of commercial relations.
- Develop and implement purchasing plans to obtain quality products and materials at a reasonable price.
- Monitor supplier performance and carry out regular quality checks to ensure supplier effectiveness.
- Assess supplier risk and take action to reduce risk.
- Monitor stock levels and ensure that the company is never short of raw materials.
- Develop purchasing processes and procedures to ensure that purchases comply with company policies and rules.
- Develop and implement strategies to optimise purchasing management and reduce expenditure.
- Carrying out research and analysis to identify the best sources of supply and market trends.
- Ensuring good communication with other company departments to ensure that buyers' requirements are met.
The Purchasing Manager must also ensure that the purchases made comply with the legal rules in force and conform to international quality and safety standards. Their role also involves promoting social and environmental responsibility.
Salary and career development of a Purchasing Manager
The salary of a Purchasing Manager is highly valued by professionals in this sector. In France, the average gross annual salary for this type of position is estimated at between €40k and €55k. The gross annual salary increases according to experience are as follows:
- 0 to 2 years: between €40 and €45k
- 2 to 5 years: between €45 and €50k
- 5 to 10 years: between €50 k and €55 k
- 10 to 15 years: between €55 and €60 k
- Over 15 years: between 60 and 75 k€.
A Purchasing Manager has the opportunity to enhance his or her skills and develop new competencies through training and varied professional experience. In addition to the job of Purchasing Manager, here are 5 possible career development opportunities:
- Inventory manager ;
- Purchasing and supply manager
- Purchasing Director
- Logistics Director;
- Operations Director.
