A purchaser is responsible for coordinating purchases of various products and services for their company. They order supplies, inventory, equipment, and services for all departments in the company. They also have to ensure that they are keeping costs under control while not sacrificing quality in the items and services they buy.They submit purchase orders in accordance with their company's policies and also verify that the order has been placed and that delivery has occurred. They also reconcile shipments, manifests, back-ordered items, and damaged items, and they also follow through with the supplier to correct any discrepancies. A purchaser must also maintain a database of vendor contacts and also constantly be on the lookout for new suppliers that may be able to more effectively supply a product or service than an existing supplier. A purchase also acts as a liaison between their department and all other departments in the company, and they may also be responsible for conducting necessary background checks to allow vendors access to the company. In addition to the above duties, a purchaser also has to maintain accurate records of all transactions with suppliers, answer phones, and schedule meetings with vendor representatives as needed.Due to the nature of their job, familiarity with computers is a necessity, specifically with word processing and spreadsheet applications. A familiarity with the Internet is also crucial, as more and more business is being conducted online. It is also crucial that a purchaser be able to multitask and adjust their workflow as needed and to work without direct supervision.

The role of a Purchaser in Singapore is expected to witness substantial growth in the market. Over the next ten years, the job role is projected to experience a positive trajectory, with an increasing demand for skilled professionals. The proliferation of industries and businesses in Singapore will create significant employment opportunities for Purchasers. The role involves strategic sourcing, negotiating contracts, and managing supplier relationships to ensure smooth operations. As the Singaporean economy continues to expand and diversify, the need for efficient procurement processes will contribute to the rising demand for Purchasers in various sectors.

How to Learn

As a Purchaser with 0-3 years of experience in Singapore, your main responsibilities include:<ul><li> Source and evaluate suppliers, negotiate contracts, and ensure timely delivery of goods and services. Conduct supplier research, assess their capabilities, and negotiate favorable terms and conditions. </li><li> Monitor inventory levels, track purchase orders, and manage the procurement process efficiently. Maintain accurate records of inventory, generate purchase orders, and coordinate with internal teams for order fulfillment. </li><li> Collaborate with stakeholders to determine procurement needs, forecast demand, and optimize costs. Work closely with departments to understand their requirements, anticipate future demands, and implement cost-effective strategies. </li><li> Conduct market research to stay updated on industry trends, prices, and availability of goods and services.</li></ul>

Roles & Responsibilities

Average take home Salary for a Purchaser in Singapore is around $20887 per year

Salary Breakup

A purchaser is responsible for coordinating purchases of various products and services for their company. They order supplies, inventory, equipment, and services for all departments in the company. They also have to ensure that they are keeping costs under control while not sacrificing quality in the items and services they buy.

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Purchaser

Salary Breakup

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