What does a Procurement Agent do?

Procurement agents make purchases for businesses and ensure that business benefits from the products and services needed to efficiently carry out their tasks. They stay up-to-date with the latest market trends and collaborate with suppliers to negotiate prices and contracts. Procurement agents make profitable strategies for companies and are effective negotiators with an analytical approach.

Procurement agents look to save a client money while ensuring quality goods are supplied that meet the client's needs. They oversee supplier-related activities, paying attention to their performance and ensuring they meet compliance. If issues arise, they coordinate with companies to resolve them, negotiate with suppliers to determine preferable contract terms, or secure a better price. They implement negotiation techniques to efficiently and professionally communicate with outside companies and prepare and submit detailed reports highlighting revenue or expenditures from records maintained and updated regularly throughout the process. Procurement agents manage and develop relationships with suppliers and clients and ensure the quality of the goods and delivery, and the terms of contracts are met and need a minimum bachelor's degree in business administration or related fields.

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Average Years of Experience

0 - 1
26%
2 - 4
48%
5 - 7
16%
8+
10%

Common Skill Sets

Microsoft Office Suite
SUPPLIERS
Excellent Communication
Interpersonal and Communication
Powerpoint
Negotiation
MS Office
Problem Solving

Procurement Agent Seniority Levels

L2
Procurement Agent
$65,755/yr
Procurement Analyst
12% made the transition
Purchasing Agent
33% made the transition
See Career Path

Procurement Agent Salaries

Glassdoor Estimated Salary

Procurement Agent Jobs