Buyer careers such as a purchasing agent or purchasing manager is an integral part of the company operations. They buy services or goods to sell or materials for their manufacturing needs. Clothing and other goods are bought in bulk by retail and wholesale buyers. Some purchasing managers who work in a processing firm buy materials like food ingredients like grains, fruits, preservatives, meat and food colors for processing.
Choosing reliable suppliers, material availability including their price are a buyer’s main responsibility. They make sure that they purchase good quality materials reasonably priced. The quality of these materials is imperative to maintain the quality control of their products. Any less than that could be fatal to the sales revenue of the company. To keep the purchasing manager up to date with the latest changes in the market, he or she has to maintain a record of the prices, suppliers, sales and inventory records and most of all the needs of the firm.
Buyer careers offered in large companies with large processing plants are called purchasing managers. They function much like buyers in wholesale and retail industries do but they purchase a more specialized type of product such as steel, metal and petroleum products. The purchasing managers also track changes on prices, suppliers, stocks, and other market forecasts. They usually work in manufacturing, fabrication, aerospace, and textile companies. They also work with a team of buyers.
The local or federal government also offers buyer careers. They usually purchase office supplies, furniture, tables, food, and other needs of the offices. They may also engage in supplier contacts and accept bids for yearly suppliers for materials in renovation, plumbing, HVAC, and contract workers. They are in charge of the inventory of stock and like their commercial counterparts. They also check current market forecasts, prices, suppliers, and the availability of the products or services. Government buyers or specialists also purchase building materials, medicine and other equipment for the local government civic oriented projects and construction. They cover all aspects of purchasing including workers pay and other benefits for services.
The services sectors and manufacturing industry are gaining momentum and so does buyer careers until 2015 at least according to the latest government forecast. High tech industries and telecommunications are constantly in need of workers and purchasing managers are put in charge in every branch of satellite offices. Farms and retail industries are slowly but steadily growing and the need for buyers is inevitable.
A buyer career requirement is a bachelor’s degree holder applicant with experience in buying or purchasing for a company or working for the local government. Applicants with background in economics and management are an advantage. There are top level positions to be filled and an applicant should have a master’s degree in public administration and business. Some applicants are encouraged to learn the ropes as they go along for a more robust company responsibility. Taking on government projects requires years of experience. Further enhancement and training should be best for new graduates and work in a grocery store or a smaller retail store for internships or job training.
Buyer careers annual average pay is from $45,000 for entry level buyers and about $75,000 in large companies or the Federal government which pays $95,000 annually. The highest paid purchasing manager or specialists are $123,000 dollars annually. The lowest paid buyer is about $40,000 dollars working for a grocery chain store.
If you want to open avenues to new opportunities, you have to strategically write a personalized cover letter approach to each employer that you are applying to by researching about their company culture and organization or business needs. Include the volunteer work and extracurricular activities that you have that you have done and do to demonstrate your potential to succeed in your career if you don’t have real-work experience because you just graduated from college.
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