Necessary skills for Purchasing Manager : skills and requirements
General requirements of a Purchasing Manager
• Bachelor's degree in business, finance or supply chain management
• Minimum of 5 years' experience in purchasing, supply chain or related role
• Knowledge of relevant laws, regulations and best practices
• Ability to build relationships with vendors and negotiate contracts
• Excellent communication, organizational and problem-solving skills
Skills and Behaviours for a Purchasing Manager
Cost control
Budgeting
Cost Control
Cost of goods sold
Cost reduction
Standard Costs
Variance analysis
E-Purchasing
E-Catalogues
E-Invoice
E-Payment
Procurement & Purchasing
Procurement
Purchasing
Strategic Sourcing
Subcontracting
Supplier Negotiation
Project management
Project Coordination
Supplier Performance Management
Supplier Assessment
Supplier Performance Management
Communicating information
Asking the right questions
Influencing and persuading others
Negotiation
Closing deals
Leading win-win discussions
Relationship Building
Growing network and relationships
Nurturing long term relationships