EXAMPLE SCENARIO

A Purchasing Agent needs to buy raw materials for a new company initiative that will allow the company to start producing clean heating and cooling systems. After the Purchasing Agent receives the materials list and schematics from an engineer, they begin contacting current vendor partners and researching new suppliers to gain a full understanding of costs, delivery times, and products. The Purchasing Agent finds the best options for the company, performs negotiations, and drafts a contract with the vendor to ensure the materials will arrive in time for production.

TYPICAL TASKS ^SRC

• Prepare purchase orders, solicit bid proposals, and review requisitions for goods and services.
• Purchase the highest quality merchandise at the lowest possible price and in correct amounts.
• Research and evaluate suppliers, based on price, quality, selection, service, support, availability, reliability, production and distribution capabilities, and the supplier’s reputation and history.
• Negotiate, renegotiate, and administer contracts with suppliers, vendors, and other representatives.
• Analyze price proposals, financial reports, and other data and information to determine reasonable prices.

EXAMPLE JOB TITLES ^SRC

Buyer, Procurement Specialist, Purchasing Administrator