Buyer or procurement officer

Buyers and procurement officers organise and undertake the buying of raw materials, equipment and merchandise from manufacturers, importers, wholesalers and other sources for wholesale distribution, resale or for own internal use.

Tasks

  • Maintains records and prepares reports as necessary.
  • Works closely with merchandisers who allocate stock and develop sales forecasts.
  • Supervises clerical, administrative and warehouse distribution staff, deals with recruitment and training.
  • Ensures that delivered items comply with order, monitors quality of incoming goods and returns unsatisfactory or faulty items, monitors performance and makes sure targets are met.
  • Looks at ways to improve supply networks, presents new ideas to senior management team.
  • Helps negotiate contract with supplier and specifies details of goods or services required.
  • Assesses bids from suppliers, finds suppliers and negotiates prices.
  • Assesses budgetary limitations and customer requirements and decides on quantity, type, range and quality of goods or services to be bought.
  • Keeps up with market trends and chooses products/services.
  • Attends trade fairs, shows and demonstrations to research new product lines and suppliers, checks catalogues.

Typical Education Level

Level 3 NVQ; A Levels

Will retirement created job openings

In the UK, 9% in this profession are aged 55 or above.* They will likely retire in the next 10 years, creating a demand for new workers

*This is based on national data

£25,799

Average annual earnings

The current average wage for buyer or procurement officer is £25,799

2,194 positions

Current Employment

The number of jobs in the career for the current year is 2,194. Job counts include both employed and self-employed persons, and do not distinguish between full- and part-time jobs.

jobs

Job Postings

Over the past year, jobs have been posted for buyer or procurement officer roles.

How well does it pay?

Normal pay for this occupation is £25,799 per year. That is about £2,150 per month or £13.23 per hour. New workers generally start on £21,445, while highly experienced workers can earn as much as £57,886

Is it growing or declining?

This career has remained the same over the last 2 years, and is expected to remain the same over the next 4 years. Currently, 2,194 people are employed in the region.

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