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Procurement Manager
Sources and negotiates the purchase of goods and services for organizations.
Did you know?
Governments are huge shoppers: public procurement made up about 12% of GDP in OECD countries in 2019.
How subjects help
- Business Studies: Compare suppliers on price, quality and reliability before signing a deal.
- Economics: Time big purchases around changes in the price of raw materials like steel or oil.
- Law: Write purchase contracts that protect the company if goods arrive late or faulty.
- Mathematics: Work out the total cost of buying in bulk, including delivery and storage.
A famous name
Samuel Pepys: As a Navy Board official in the 1660s, he managed contracts for buying supplies for England's navy.
Try it yourself: Plan a party on a budget
- Pretend you have a set amount of money for a party for ten friends. Pick the amount yourself.
- List what you want (food, decorations, games) and guess a price for each.
- Add it up. Over budget? Decide what to cut or swap for something cheaper.
- Keep a little money spare for surprises. What did you choose to protect, and why?
Accountants, managers and business owners make these choices every day: what matters most, and what can wait.
Also try: Match a family to a home.
Known for it in
USA, Germany, UK, Singapore, Netherlands