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A procurement analyst builds new relationships between the company and vendors, and ensures that these relationships are maintained to the satisfaction of all parties. The analyst also negotiates arrangements for the purchase of the goods, materials, and services the company requires within its budget limitations. In meetings with vendors, the procurement analyst must determine prices and set up a system of delivery, as well as research the market appropriately to ensure that the company is getting the best possible value. They must research the vendors to verify their credibility and ability to provide what is promised, as well as keep abreast of data resulting from the vendor relationship to make sure it is worth maintaining in its present form or at all.Read More...
Procurement analysts holds a position that requires a large amount of contact with outside vendors, and so strong written and verbal communications skills are vital. The analyst must present be strong yet reasonable with the vendor, so both sides understand clearly the terms of any prospective agreement. Attention to detail and strong analytical skills are also vital for correct analysis of procurement data and to make sure that the company honors its obligations. As the position requires meetings with clients and possible inspections of facilities, the applicant should be prepared to split office time with potentially considerable amounts of travel.
A bachelor's degree in business management, business administration, or a related field is a typical requirement of most employers. Professional experience is also highly preferred, especially if it is in a field involving vendor-client interaction. If the applicant is a recent graduate with internship experience in a related field, employers may consider this in lieu of professional experience.
Survey results show that Procurement Analysts use a fair number of skills. Most notably, facility with Sourcing, Contract Management, and Contract Negotiation are correlated to pay that is significantly above average, leading to increases of 26 percent, 18 percent, and 14 percent, respectively. The majority of those who know Data Analysis also know Microsoft Excel and Contract Negotiation. Skill sets containing Purchasing also tend to include Contract Negotiation and Microsoft Excel.
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Procurement Analysts who reported more years of relevant experience also reported higher earnings. Average salaries for inexperienced employees average out to around $51K, but folks who have five to 10 years of experience earn a higher median of $59K. Procurement Analysts see a median salary of $63K after reaching one to two decades on the job. Seasoned workers who boast more than two decades of relevant experience enjoy a median salary of $89K, which is substantially larger than the medians reported by folks with fewer years on their resumes.
For those looking to make money, Procurement Analysts in Washington enjoy an exceptional pay rate, 52 percent above the national average. Procurement Analysts can also look forward to large paychecks in cities like Arlington (+21 percent), Denver (+14 percent), Everett (+13 percent), and Houston (+12 percent). Procurement Analysts in Miami earn salaries far below the national average by 31 percent, proving that geography overwhelmingly affects the pay scale for those in this field. A couple other locations with smaller-than-average paychecks include Charlotte (14 percent lower) and San Antonio (10 percent lower).
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A Very Modern Ministry: Chaplaincy in the UK
Ben Ryan analyses the scope and importance of chaplaincy in the UK today
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Humanism and chaplaincy
David Savage argues the case for non-religious chaplaincy
Muslim chaplaincy in higher education
Asgar Halim Rajput describes the needs of Muslim chaplains and how to meet them
A former chaplaincy assistant speaks
Maddy Fry claims financial threats to university chaplaincies can disadvantage staff and students
When the curtain comes down, the cast go back to their ordinary lives
Lindsay Meader talks about the importance of theatre chaplains
The Changing Face of Chaplaincy
Andrew Todd explains how despite its range of locations, chaplaincy always has pastoral care at its core
Chaplaincy: a very multi-faith ministry?
Jo Bryant argues that chaplaincy in Britain needs to do more to include minority voices
Chaplaincy in the UK
Ben Ryan introduces Theos' new blog series on chaplaincy
Why we need to "speak up" now
Andrew Caplen warns about the future of legal aid
How to pick a fight with the media
Ben Ryan on the very different coverage and approaches of the election letters to Catholics and Anglicans
An old model for a new problem
Ben Ryan explores the future of religion in Britain
Religion and the next generation
Sylvia Collins-Mayo looks at the future of religion in Britain
Social action, and not genitalia, is where the future of Christianity lies
Frank Field MP explores the future of religion in Britain
'No religion': What doesn't kill belief will only make it stronger
Lois Lee on the future of religion in Britain
Religion in Britain Today and Tomorrow
Tariq Modood looks at the future of religion in Britain
What is the future for religion in Britain?
Linda Woodhead explores.
Page: 1 2 3 4 5 ... 16 17 18 19 20 ... 32 33 34 35 36 Next »

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March 29, 2015 - Industry News
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The Insurance Institute for Highway Safety names the luxury car a Top Safety Pick+ award winner.
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