Grow your career on

Advanced Search

Purchasing Analyst


Purchasing analysts look at market outlooks and determine when and what to buy when contracting with vendors, ordering supplies or making a big investment in a product, technology etc.


purchasing analyst


What responsibilities will I have?

  • Research product comparisons and prices
  • Determine cost effectiveness and price history to determine if time is right for purchasing
  • Maintain a network of parts and equipment suppliers
  • Document purchases of equipment by area and specification
  • Purchase needed equipment from the most cost-effective supplier
  • Negotiate favorable pricing from suppliers
  • Maintain an awareness of supply
  • Develop short- and long-term sourcing strategies with leadership
  • Develop and implement short- and long-term strategies to purchase cash corn and/or basis levels at or below the market and profit plans
  • Develop, monitor, pursue, and execute tactical and strategic initiatives in the areas of commodities, vendor/contract relationships, and supplier management


What education and training is required?

An associate’s or bachelor’s degree in agricultural business finance or accounting is required to be a pricing analyst.


To pursue a career as a purchasing analyst:

The following high school courses are recommended:  agricultural education, mathematics, business courses and computer courses


Where can I work?

Purchasing analyst are employed by agricultural companies who produce a product for retail, organizations and the government to determine the feasibility of purchasing various products and services.


Future Job Market / Outlook

The future outlook for a purchasing analyst will be good over the next five years.


Suggested Professional Organizations and Associations

  • Supply Chain Management Association
  • Council of Supply Chain Management Professionals
  • American Purchasing Society 
Red Alert

Register for your free account to receive exclusive information and features.

Candidate | Employer