With up to 75% of a company's expenditure being spent on goods and services from outside of the organisation, the London purchasing industry plays a key role in managing the budgets of local businesses. From procurement buyers to supply chain planners, the purchasing industry encompasses a range of professionals who are expected to work alongside the retail, logistics and supply chain operations of a company. Purchasing personnel are an integral part of both public and private sector companies and London purchasing recruitment agencies are in high demand to source dynamic candidates for the permanent, temporary or contract vacancies of their clients.
The London purchasing industry can be a challenging environment with often long and unsociable hours requiring candidates to be flexible and adaptable. Those who are able to demonstrate these qualities can potentially earn comparatively high salaries with the average London purchasing wage being around £35K. Experienced and executive professionals such as senior procurement officers or commercial directors, can comfortably earn £60K+, whereas graduate and entry level roles will typically command £21K-£25K per annum. London and the South East offers some of the best job opportunities in the UK, with purchasing professionals in Europe's business capital earning 10%-20% more than in other cities.
When searching for purchasing staff, employers and recruiters generally look to identify candidates with degrees in buying, business, supply chain or mathematical disciplines. A degree isn't always necessary though, as previous experience in identifying trends and customer needs is also valued highly. Alongside these qualifications and skills, there are also a wide range of CIPS qualifications (Chartered Institute of Purchasing & Supplying) that will further develop relevant knowledge and expertise. A London purchasing recruitment agency will specialise in sourcing purchasing candidates with these credentials before placing them into permanent or temporary vacancies.