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Procurement

The Ask The Buyer column is a resource for Purchasing professionals everywhere. Whether their departments go by the name Procurement, Strategic Sourcing, or Supply Chain Management, their concerns are addressed here. Matthew managed several commodities and corporate services while advancing in his Procurement career from Buying Assistant to Senior Buyer at a perennial Fortune 500 company and later working as a Procurement Consultant at a consumer products company recognized on the Inc. 500 list two years in a row as one of the fastest growing companies in America. His advice column has something for Procurement employees of all levels. Newer readers learn from Procurement definitions and explanations while more experienced Procurement officers gain another perspective on issues such as logistics, cost savings, and vendor management that challenge them in their daily work.
The median salary of Procurement professionals is 63,000 dollars. (Purchasing.com)
Fast Facts
Supply Chain Management and Strategic Sourcing Issues
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The average cost of a Purchase Order runs between 75 and 150 dollars. (Various Sources)
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