Inventory / Purchasing Manager
$30K-$65K
/ year
0-3 years experience
$30K-$65K
/ year
0-3 years experience
An inventory or purchasing manager is a supervisor that is responsible for managing the inventory for their organization. They are responsible for buying supplies, materials, and parts for the job they are tasked to complete. The purchasing they oversee may be routine, it may change frequently, or it may involve a mix of both. Depending on the employer, the inventory or purchasing manager may work with a team (in which they ensure that the inventory and purchasing needs of the company are met) or they may perform this work independently.An inventory manager also handles the management of supplies, products, goods, materials, and parts for their company. They may work on in-house inventory monitoring and management or on a good-sold or -rented basis. They may also do a combination of both. Frequently, an inventory manager has one or more inventory clerks working for them.Typically an inventory manager or a purchasing manager has a bachelor's degree in a field such as business, mathematics, or inventory management. Prior working experience may be substituted depending on the employer, in conjunction with an associate's degree or high school diploma (or equivalent). A purchasing manager must build good relationships with the vendors with whom they work. Additionally, they often work with a variety of internal departments, such as accounting, shipping and receiving, and credit. The purchasing manager must also have good negotiating and communication skills; organizational skills are also fundamental for an inventory/purchasing manager.
As an Inventory/Purchasing Manager with 0-3 years of experience in Canada, your main responsibilities include:
For an Inventory/Purchasing Manager, the following qualifications are required:
1
Inventory Planning
2
Inventory Management
3
Inventory Management System
4
Supply Chain Management Tools
Different skills can affect your salary. Below are the most popular skills and their effect on salary.
Management Acquisitions
14%
The role of an Inventory/Purchasing Manager is crucial for effective inventory control and procurement processes. For individuals with 0-3 years of experience in Canada, here are four alternative roles to consider:
The role of Inventory/Purchasing Manager in Canada is projected to experience steady growth in the market. Over the past 10 years, this job role has shown consistent demand and is expected to continue expanding in the future. According to the latest data from Google, the employment opportunities for Inventory/Purchasing Managers are expected to increase in the coming years. Nevertheless, it is evident that this position holds promising prospects in the Canadian job market.