Low to No Risk

12

Moderate Risk

2

High Risk

4

Extreme Risk

0

• 1.5Locate vendors of materials, equipment or supplies, and interview them to determine product availability and terms of sales.
• 1Interview and hire staff, and oversee staff training.
• 2.6Review purchase order claims and contracts for conformance to company policy.
• 2Analyze market and delivery systems to assess present and future material availability.
• 1.6Develop and implement purchasing and contract management instructions, policies, and procedures.
• 2Participate in the development of specifications for equipment, products, or substitute materials.
• 1.2Resolve vendor or contractor grievances and claims against suppliers.
• 0.5Represent companies in negotiating contracts and formulating policies with suppliers.
• 1.8Review, evaluate, and approve specifications for issuing and awarding bids.
• 1.5Direct and coordinate activities of personnel engaged in buying, selling, and distributing materials, equipment, machinery, and supplies.
• 1.5Prepare bid awards requiring board approval.
• 1.8Develop cost reduction strategies and savings plans.

22.2% of Purchasing Managers tasks can be automated with AI or robotics