What is a Purchasing, Merchandising, and Procurement Agent?
Purchasing, Merchandising, and Procurement agents––also known as buyers––select suppliers and merchandise for a company to resell at the wholesale or retail level. By negotiating contracts and evaluating multiple vendors, they are responsible for providing the best quality products for the company they are buying for and work in industries such as apparel, food and beverage, and consumer packaged goods.
Where does a Purchasing, Merchandising, and Procurement Agent work?
- Manufacturing companies
- Government
- Wholesale trade companies
How much does a Purchasing, Merchandising, and Procurement Agent make?
Based on real new grad salaries reported through Handshake, the median annual salary for a Purchasing, Merchandising, and Procurement Agent is $53,000.
What majors are typically interested in becoming Purchasing, Merchandising, and Procurement Agents?
One’s major doesn’t necessarily determine their career, but these are some common majors of those who end up pursuing this career path.
- Supply management majors
- Finance majors
- Business majors
Purchasing, Merchandising, and Procurement Agents skills and competencies:
On top of a relevant degree and formal training, here are some professional skills that can help aspiring Purchasing, Merchandising, and Procurement Agents succeed in their work:
- Strong team management and leadership skills
- Good negotiating skills
- Strong analytical skills
What are some common questions about Purchasing, Merchandising, and Procurement Agents?
Q: What’s the difference between a Purchasing Agent and a Purchasing Buyer?
A: Purchasing Agents buy parts and materials meant to create the goods, while Purchasing Buyers are in charge of buying quality finished goods.