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About Procurement Specialist

What does a Procurement Specialist do?

As procurement specialists, our job is related to purchasing and managing different contracts. We are responsible for analyzing the product prices and negotiating with different vendors. We have to manage and settle contracts with the suppliers as per mutual convenience. As procurement specialists, we try to reduce the cost of goods by purchasing the products at low cost while ensuring quality. Our job tasks involve managing records, tracing orders, providing solutions regarding cost disagreements, and offering deals for services.

Core tasks:

  • evaluating products and services to understand the appropriate requirements of companies
  • providing proper cost analysis for working within the budget
  • negotiating contracts with clients and providing the best offers

Insights

How Many Years of Experience Do Professionals Need Before Becoming Procurement Specialist?
On average, people work 7+ years in other positions prior to becoming a Procurement Specialist.
How Long Do Procurement Specialist Employees Typically Stay in Their Roles?
On average, Procurement Specialists works in this position for 3-5 years across multiple employers.
What Is the Job Hopper Score for Procurement Specialist Employees?
Moderate job changes in Procurement Specialist, showing some career movement without excessive turnover.

Career path

Path to job

Discover a Procurement Specialist's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Procurement Specialist typically studied at.
Michigan State University
Penn State University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Procurement Specialist Employees?
Gender ratio in Procurement Specialist position: 0.544901938295676 Male and 0.455098061704324 Female. Age ratio in Procurement Specialist position: 16-20: 7%, 21-30: 63%, 31-40: 19%, 41-50: 8%, 51-60: 3%, 60+: 0%. Procurement Specialist position is predominantly male (54.5%) with the largest age group being 21-30 years old, followed by 31-40 years old.

Workplaces

Who Are the Top Employers for Procurement Specialist?
Top employers of Procurement Specialist position: Halliburton, Raytheon, SAP Ariba. People who work in Procurement Specialist position most typically go on to work for the Halliburton.
Halliburton
Raytheon
SAP Ariba
What Industries Does Procurement Specialist Typically Have Experience In?
Industry Background: The most typical industries of Procurement Specialist: Manufacturing, Information Technology, Retail, Professional / Scientific / Technical, Mining / Oil & Gas. Procurement Specialist employees most likely come from a Manufacturing industry background.

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Discussion about Procurement Specialist

Want to know more about Procurement Specialist position?
Share your thoughts and ideas about Procurement Specialist position with others in our community.
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Do I need any certifications or degrees to work as a Procurement Specialist?
Do people working as a Procurement Specialist have a lot of responsibilities?
Which is the best experience for a Procurement Specialist?
Is it possible to be a freelancer and work as a Procurement Specialist at the same time?
What typical interview questions do you have to answer?
Is it hard to get a job as a Procurement Specialist?
How should I picture the work environment for a Procurement Specialist?
What typical salary can I expect if I work as a Procurement Specialist?
Do people working as a Procurement Specialist have any dress code to follow?
Does job growth for a Procurement Specialist look promising?
Which educational institutions give the most Procurement Specialist to the world?
What is the women/men ratio in the job of Procurement Specialist?
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Liam BrownFebruary 12, 2021
45% are women in this profession.
What is the most common age of a Procurement Specialist?
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Liam BrownFebruary 12, 2021
The typical age is 29 for a Procurement Specialist.
How much experience is typically required to work as a Procurement Specialist?
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Liam BrownFebruary 12, 2021
You should work for 7 years on average to become a Procurement Specialist.
Which industries does a Procurement Specialist typically work in?
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Liam BrownFebruary 12, 2021
Manufacturing is the most frequent for a Procurement Specialist.
Speaking of higher education, do I need a degree as a Procurement Specialist?
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Isabella HolmesFebruary 12, 2021
Most people have a Bachelor of Science degree
As a Procurement Specialist, which company should I definitely check out for jobs?
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Benjamin GardnerFebruary 12, 2021
Halliburton, Raytheon, SAP Ariba, Schlumberger and Siemens employs the most people in the Procurement Specialist role.
How many years do people spend as a Procurement Specialist in their career path?
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Liam BrownFebruary 12, 2021
A Procurement Specialist typically changes positions after 4 years.
How common is it for a Procurement Specialist to jump from company to company?
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Liam BrownFebruary 12, 2021
A typical Procurement Specialist might work for one or two companies.
From which job titles people come from to work as a Procurement Specialist?
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Liam BrownFebruary 12, 2021
You have a good chance of becoming a Procurement Specialist if you are working as Buyer, Procurement Manager or Purchasing Manager
Working as a Procurement Specialist what job titles should I consider to switch to?
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Liam BrownFebruary 12, 2021
Working as Procurement Specialist consider Buyer, Procurement Manager or Senior Procurement Specialist as a next step in your career.
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