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Purchasing Director

2 months ago

London, Greater London, United Kingdom Zippia, Inc. Full time
What is a Director of Purchasing?

A Director of Purchasing is responsible for overseeing the entire purchasing process, from planning to execution, ensuring compliance with company policies and standards. They conduct thorough research and evaluations to understand project requirements, focusing on price, quality, and delivery time. The Director of Purchasing identifies suitable suppliers, negotiates contracts, and fosters strong business relationships. They also determine production materials, set budgets, and build trust with vendors. Proficiency in accounting principles and software like Microsoft Word and Excel is essential.

How long does it take to become a Director of Purchasing?

Typically, it takes 8-10 years to become a Director of Purchasing:

  1. Years 1-4: Obtaining a Bachelor's degree in a relevant field, such as business, finance, or supply chain management.
  2. Years 7-8: Continuing to gain experience, moving into more senior roles such as Purchasing Manager. This involves overseeing a team, managing budgets, and developing purchasing strategies.
Responsibilities of a Director of Purchasing
  • Manage all aspects of the RFQ process, contracts, cost and rebate negotiations, and awarding of business.
  • Develop standards and implement procedures for materials planning, product acquisition, inventory control, material distribution, and logistics management.
Skills Required

A Director of Purchasing needs a range of skills including the ability to manage vendor and supplier relationships, plan and implement global procurement programs, and evaluate the effectiveness of purchasing standards. They must also be able to recognize needs and activate purchases using computer-generated systems.

Career Path

A Director of Purchasing can move into various leadership roles, such as Vice Presidents or Directors in supply chain management, procurement, or materials management.

Salary Information

The average Director of Purchasing salary in the United States is $106,945 per year or $51 per hour.