1. What is the average salary of a Purchasing Senior Manager?
The average annual salary of Purchasing Senior Manager is $163,588.
In case you are finding an easy salary calculator,
the average hourly pay of Purchasing Senior Manager is $79;
the average weekly pay of Purchasing Senior Manager is $3,146;
the average monthly pay of Purchasing Senior Manager is $13,632.
2. Where can a Purchasing Senior Manager earn the most?
A Purchasing Senior Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Purchasing Senior Manager earns the most in San Jose, CA, where the annual salary of a Purchasing Senior Manager is $206,334.
3. What is the highest pay for Purchasing Senior Manager?
The highest pay for Purchasing Senior Manager is $198,247.
4. What is the lowest pay for Purchasing Senior Manager?
The lowest pay for Purchasing Senior Manager is $141,891.
5. What are the responsibilities of Purchasing Senior Manager?
Manages procurement and purchasing operations and implements the strategy to provide the materials and services to meet organizational requirements for quality, volume, availability, and pricing. Maintains strategic supplier relationships, negotiates contracts, and implements systems for monitoring performance, assessing risk, and responding to changes in demand or disruptions in the supply chain. Collaborates with other functions to define current and future inventory requirements and manage inventory levels. Implements processes and systems and utilizes technical tools to analyze data and increase responsiveness to material demands. Oversees auditing processes to ensure procurement and recordkeeping comply with any applicable industry or governmental regulations. Requires a bachelor's degree. Typically reports to a director. Typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.
6. What are the skills of Purchasing Senior Manager
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
1.)
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
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Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
3.)
Global Sourcing: Global sourcing is the practice of sourcing from the global market for goods and services across geopolitical boundaries. Global sourcing often aims to exploit global efficiencies in the delivery of a product or service.