Penguin

Compiles and analyzes statistical data to determine feasibility of buying products and to establish price objectives for contract transactions: Compiles information from periodicals, catalogs, and other sources to keep informed on price trends and manufacturing processes. Obtains data for cost analysis studies by determining manufacturing costs within divisions of company. Confers with vendors and analyzes vendor’s operations to determine factors that affect prices. Prepares reports, charts, and graphs of findings. Evaluates findings and makes recommendations to purchasing personnel regarding feasibility of manufacturing or buying needed products. May recommend use of alternative parts, materials, or manufacturing methods to reduce costs.

Personality Traits


Reliable: You can always be counted on to do a good job.

Team Player: You're able to listen, communicate, and work with tons of different people.

Trustworthy: You are known for your personal integrity and honesty.

Salary and Education


How much does a Purchase Price Analyst make?

Nationally: $34,000 – $107,000

Main education level: Associates

source: US Dept of Labor


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