Top Purchasing Executive Salary in the United States

Top Purchasing Executive leads procurement and purchasing operations and develops strategic plans to provide the materials and services to meet organizational requirements for quality, volume, availability, and pricing. Evaluates and develops strategic supplier relationships, negotiates contracts, and implements systems for monitoring performance, assessing risk, and responding to changes in demand or disruptions in the supply chain. Being a Top Purchasing Executive fosters collaboration with other functions to define current and future inventory requirements and manage inventory levels. Designs processes and systems and utilizes technical tools to analyze data and increase responsiveness to material demands. Additionally, Top Purchasing Executive incorporates auditing processes to ensure procurement and recordkeeping comply with any applicable industry or governmental regulations. Requires a bachelor's degree. Typically reports to top management. The Top Purchasing Executive manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Top Purchasing Executive typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2023 Salary.com)... View full job description