Growth Trends for Related Jobs
Job Description for a Procurement Technician
For businesses and organizations that do business with vendors and sellers, procurement is a critical process.
Procurement, also known as purchasing, is the process of purchasing goods and services for a business at a reasonable price that meets the needs and budget of the business.
A procurement technician's responsibility is to solicit vendors for the best pricing without compromising quality according to objectives set by management.
A procurement technician works in an office setting with several other technicians. As a procurement technician, an individual may be assigned to a certain commodity or service group.
For example, a procurement technician can be well versed in the ordering of janitorial supplies while the other technician can responsible for furniture and fixtures.
The technician typically reports to a procurement manager or supervisor.
The procurement technician always analyzes cost and quality of goods and services and establishes vendor relationships.
A procurement technician must have:
- Outstanding oral and written communication skills.
- Knowledge of computer applications is a must, because in many cases, the business or organization will have management information systems that provide reports and analysis of procurement activities.
- Strong math skills are needed to analyze cost and savings when ordering goods or services.
- The procurement technician must also have knowledge of establishing purchase orders and tracking invoices.
According to Payscale.com, the five popular industries for procurement technicians to work in are:
- information technology,
- engineering services,
- aerospace and defense,
- manufacturing and distribution
- and military and defense.
The average annual salary for an apprentice procurement technician or an individual with less than one year of experience is between $33,000 and $50,000, while those with 20 years of experience or more can make up to nearly $70,000.
The employment outlook for procurement technicians is fair, according to the Bureau of Labor Statistics. Growth is projected to decline 4 percent between 2020 and 2030, which is lower than the 6 percent average growth expected of all professions.
According to the BLS, procurement technicians need a high school diploma. Most industries offer on-the-job training to their procurement staff. However, there are educational programs that a procurement technician can participate in that can translate into a higher salary.
The Procurement Association of America (PAA) and Certified Procurement Professional (CPP) are industry certifications based on work experience and testing.
Also, a bachelor's degree in logistics management, business or economics can be beneficial for an individual seeking employment at a mid-level management position as a procurement technician.
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