Want to Become a Purchasing Agent? Here Are 3 Skills You Must Possess - 1 JML Corporation (2024)

Want to Become a Purchasing Agent? Here Are 3 Skills You Must Possess - 1 JML Corporation (1)

If you want to be a part of the manufacturing, wholesale, or retail trades and are able to make well-thought out decisions that result in better products for your customers and higher sales for your company, becoming a certified purchasing agent may be an excellent career move. Purchasing agent training can be highly beneficial in preparing you for your purchasing agent duties and for obtaining any certifications that your potential position may require. But before you even start applying for purchasing agent jobs in your area, you might want to take a look at these three skills that you should possess. Most likely, any job description for purchasing agents that you see will highlight these, as well as other purchasing agent responsibilities you’re likely to encounter. If you want to go into this field, you’ll want to make sure you possess the following:

    1. Math Skills
      You don’t need to be a mathematical genius to pursue purchasing agent training or positions, but you do need to have a good basic math foundation. You need to calculate and compare prices to make sure your company is getting a good deal on product and is able to make a more substantial profit in the end. You may have software to help you with your calculations, but you still need to be comfortable and accurate with numbers.
    1. Analytical and Decision-Making Skills
      In order to become a successful purchasing agent, you need to be able to analyze and make thoughtful (and sometimes fast) decisions. You’ll likely have a choice of many options for suppliers and products. You’ll have to choose a supplier that has the best price, quality, delivery options, and overall service. You may even have to make decisions about the type of packaging you’ll use for your products. For instance, using paper to package goods will reduce the use of plastic and can make cargo more eco-friendly. This may or may not be a cost-effective option depending on your industry, but you need to be able to weigh other factors — like overall brand identity and goals of the company — when making decisions. You’ll also need to make these choices quickly and with all pertinent information at your disposal. And in the end, you need to choose products that will translate into successful sales for the company. There are numerous factors to keep in mind, and you’ll have to juggle them all. For this reason, purchasing agent training can be very valuable.
  1. People Skills
    A purchasing agent mustn’t shy away from a negotiation. Often, you’ll have to haggle a bit with a supplier or negotiate the terms of contract. You need to have a lot of knowledge about your industry and the product in question to do this effectively. You also need to know how to interact with people in a way that can get you what you need while maintaining positive working relationships. Self-confidence is a must, as is self-awareness and a positive attitude. This is not a job you can do without interacting with people; interpersonal skills are required to succeed.

If you’d like to find out more about getting your purchasing agent certification or additional details about what a purchasing agent position entails, please contact us today.

Want to Become a Purchasing Agent? Here Are 3 Skills You Must Possess - 1 JML Corporation (2024)

FAQs

What skills do you need to be a procurement agent? ›

Top Skills & Keywords for Procurement Agent Resumes:
  • Supplier Management.
  • Contract Negotiation.
  • Cost Analysis.
  • Strategic Sourcing.
  • Supply Chain Management.
  • Vendor Evaluation and Selection.
  • Inventory Management.
  • Purchase Order Processing.

What makes a great purchasing agent? ›

Purchasing agents and buyers consider price, quality, availability, reliability, and technical support when choosing suppliers and merchandise. To be effective, purchasing agents and buyers must have a working technical knowledge of the goods or services they are purchasing.

What it is needed by a purchasing agent? ›

Required Skills/Abilities:

Excellent verbal and written communication skills with proven negotiation skills. Excellent interpersonal and customer service skills. Excellent organizational skills and attention to detail. Thorough understanding of purchasing procedures and policies.

What are the three types of purchasing performed by a business purchasing agent? ›

Procurement is the process of acquiring goods or services. It includes all activities from the identification of needs to the acquisition and management of both contracts and suppliers. There are three types: direct, indirect, and strategic.

What is purchasing skill? ›

Procurement skills are the abilities that purchasing managers or procurement specialists use to guide purchasing decisions within a department or business. They use communication, business and research skills to determine what equipment or material is best for daily functions or projects.

What is your strength in procurement? ›

Strong negotiation skills

They must also have strong contract negotiation skills and be able to identify areas for cost savings across various deals. Overall, they must be able to negotiate to ensure the five “rights” of procurement: The right product, price, location, quantity, and quality.

What is the highest position in purchasing? ›

Chief Procurement Officer (CPO)

The highest-ranking position within the procurement function, tasked with leading all aspects of purchasing and supply chain management.

Which role of purchasing is most important? ›

1. Lower costs. This is by far the primary function of the purchasing department. A well-run department should allow you to achieve immediate savings by choosing a mix of suppliers who can provide the best prices and terms.

How do I become a company purchaser? ›

How to Become a Purchaser. A purchaser needs basic communications and marketing experience. Many small companies hire purchasers with just a high school degree and provide on-the-job training. Larger companies prefer purchasers with a bachelor's or master's degree in accounting, business, or an industry-related field.

Is a purchasing agent a good career? ›

Is purchasing a good career? One advantage of working as a purchasing agent is that they typically have regular business hours, which offers a good work-life balance. These professionals also have the opportunity to travel to conferences or trade shows to find new products and develop new vendor relationships.

Is a purchasing agent a buyer? ›

Buyers and purchasing agents buy goods and services for their company. Those who buy finished goods, such as clothes or furniture, are called buyers. Those who buy the parts and materials that help make goods are called purchasing agents or purchasers. These two types of workers have similar duties.

What are the three basic principles of purchasing? ›

In this section, you'll learn about three basic buying princi- ples that can help you and all consumers achieve this goal. They are: (1) gathering information; (2) using advertising wisely; and (3) comparison shopping.

What are 3 examples of procurement? ›

This can include anything from office supplies and furniture to advertising campaigns, consulting services and equipment maintenance. Goods procurement largely refers to the procurement of physical items, but it can also include items like software subscriptions.

What are the 4 types of purchase order? ›

The Four Types of Purchase Orders Include:
  • Standard Purchase Orders (PO) Standard purchase orders are (not surprisingly) the most used type of purchase order, and the easiest to understand. ...
  • Planned Purchase Orders (PPO) ...
  • Blanket Purchase Orders (BPO) ...
  • Contract Purchase Orders (CPO)

What are the five things that a purchasing agent must accomplish in the purchasing cycle select all that apply? ›

1 punto Processing purchase orders Receiving and monitoring advance shipping notices. Confirming receipt of goods. Processing invoices. Paying suppliers.

Is purchasing agent a stressful job? ›

A career as a purchasing agent can be stressful. Purchasing agents can be responsible for spending hundreds of thousands to millions of dollars a year.

Is purchasing agent stressful? ›

One of the most difficult parts of a salesperson's job is dealing with purchasing departments. Whether you are a new salesperson or a seasoned veteran, you likely will agree that dealing with a purchasing department can create a tremendous amount of stress for a salesperson.

Top Articles
Latest Posts
Article information

Author: Duncan Muller

Last Updated:

Views: 6249

Rating: 4.9 / 5 (59 voted)

Reviews: 82% of readers found this page helpful

Author information

Name: Duncan Muller

Birthday: 1997-01-13

Address: Apt. 505 914 Phillip Crossroad, O'Konborough, NV 62411

Phone: +8555305800947

Job: Construction Agent

Hobby: Shopping, Table tennis, Snowboarding, Rafting, Motor sports, Homebrewing, Taxidermy

Introduction: My name is Duncan Muller, I am a enchanting, good, gentle, modern, tasty, nice, elegant person who loves writing and wants to share my knowledge and understanding with you.