Overview
Outlook
Data
Trianing
Description
Purchasing and inventory control workers process purchasing transactions and maintain inventories of materials, equipment and stock. They are employed by retail and wholesale establishments, manufacturing companies, government agencies and other establishments.
Job Titles
- Procurement clerk
- Purchase order clerk
- Purchasing control clerk
Main Duties
- Review requisition orders for accuracy and verify that materials, equipment and stock are not available from current inventories
- Source and obtain price quotations from catalogues and suppliers and prepare purchase orders
- Calculate cost of orders and charge or forward invoices to appropriate accounts
- Process purchases within purchasing authority
- Contact suppliers to schedule deliveries and to resolve shortages, missed deliveries and other problems
- Prepare and maintain purchasing files, reports and price lists.
Workplaces
- Government agencies
- Manufacturing companies
- Retail sales establishments
- Wholesale companies
Skills
- Management of Material Resources
- Negotiating
- Numeracy
- Coordinating
- Critical Thinking
Abilities
- Mathematical Reasoning
- Near Vision
- Numerical Ability
- Speech Recognition
- Categorization Flexibility
Personal Attributes
- Adaptability
- Attention to Detail
- Collaboration
- Independence
- Stress Tolerance
Similar Occupations
- Procurement and purchasing agents and officers (12102)
- Storekeepers and partspersons (14401)
- Retail and wholesale buyers (62101)
Source: OaSIS
Employment Outlook
The employment outlook will be Moderate for purchasing and inventory control workers (NOC 14403) in Prince Edward Island for the 2025-2027 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Purchasing and inventory control workers in Prince Edward Island:
- Approximately 100 people worked in this occupation in May 2021.
- Purchasing and inventory control workers mainly work in the following sectors:
- Hospitals (NAICS 622): 25%
- Other retail stores (NAICS 44-45, except 445): 18%
- Food, beverage and tobacco product manufacturing (NAICS 311, 312): 17%
- Transportation equipment manufacturing (NAICS 336): 13%
- Food and beverage stores (NAICS 445): 12%
- The distribution of full-time and part-time workers in this occupation is:
- Full-time workers: 91% compared to 84% for all occupations
- Part-time workers: 9% compared to 16% for all occupations
- 59% of purchasing and inventory control workers work all year, while 41% work only part of the year, compared to 59% and 41% respectively among all occupations. Those who worked only part of the year did so for an average of 42 weeks compared to 41 weeks for all occupations.
- The gender distribution of people in this occupation is:
- Men: 77% compared to 51% for all occupations
- Women: 23% compared to 49% for all occupations
- The educational attainment of workers in this occupation is:
- no high school diploma: n/a
- high school diploma or equivalent: 38% compared to 28% for all occupations
- apprenticeship or trades certificate or diploma: 8% compared to 11% for all occupations
- college certificate or diploma or university certificate below bachelor’s: 17% compared to 25% for all occupations
- bachelor’s degree: 25% compared to 17% for all occupations
- university certificate, degree or diploma above bachelor level: n/a
Source: Job Bank
Prevailing Wages
| AREA | LOW | MEDIAN | HIGH |
|---|---|---|---|
| PEI | $21.00 | $21.00 | $28.37 |
| Canada | $17.50 | $24.00 | $36.06 |
Training
There are no known training programs for this occupation in PEI. If you are aware of a local training program, please contact us.
More Info
View the full occupational profile with details on work characteristics, interests, employment requirements and more on the Occupational and Skills Information System (OaSIS) website.
Related Jobs
There are currently no job listings for this occupation on WorkPEI.