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What You'll Do: Managers generally handle the logistics, while leaving the actual product assessment and buying to the purchasing agents. However, you will be asked to perform many of the same duties as the agents on occasion. The job entails: overseeing and delegating the work of the purchasing team, meeting with vendors to check out products and negotiate prices and conditions, making decisions to purchase based on factors such as quality and price, doing research to see how market prices are for certain products, maintaining detailed records of all purchases, reviewing products once received to determine if they meet the conditions of the contract, sitting down with company executives to figure out how what action to take if products are not up to standards, and showing up at trade shows to check out potential buys and learn more about new and upcoming items.

Like most purchasing managers, you are probably employed in manufacturing, retail, or wholesale, but you could be a worker of any basically organization. A typical work-week is 40 hours long with a set schedule, and you may be required to do overtime on occasion.

Education and Training: All purchasing managers must have a four-year degree. A bachelor's degree in a business-related field such as finance, accounting, economics, or business administration is most desirable to employers. Another thing that employers will look for is experience working as a purchasing agent. Several years of experience as an agent is mandatory for most positions. While it isn't necessary for most managerial positions, having a master's degree or other graduate or professional degree will definitely make you stand out from the applicant pool.

Certification will further advance your career by designating you as a highly-competent worker who has proven to possess the skills to excel in the workplace. Successfully passing a written exam and more may be required to get certification.

The Future: The Purchasing Management profession is only expected to grow at about 7% through 2020, so expect competition for available positions to be keen.

The Pay: Annual salaries for Purchasing Managers in the U.S. range from $34,100 to $105,600, with the average median annual wage hitting $97,100 in 2011 as per the U.S. Bureau of Labor Statistics.

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