Purchasing and inventory control workers

Purchasing and inventory control workers

NOC
14403

process purchasing transactions and maintain inventories of materials, equipment and stock.

Quick facts

3-Year Outlook

Moderate
Moderate

3-Year Job Openings

66
 

Median Hourly Wage

$18.46
$13.75
Low
$29.63
High

Average Salary

$48,800
 

Typically Required

High school / on-the-job training

Employed

544
 
Job details

Full NOC 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.

Main Duties

This group performs some or all of the following duties:
 

Purchasing control workers

  • 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.

Inventory control workers

  • Monitor inventory levels as materials, equipment and stock are issued, transferred within an establishment or sold to the public using manual or computerized inventory systems
  • Compile inventory reports, recording the quantity, type and value of materials, equipment and stock on hand, using manual or computerized inventory systems
  • Prepare requisition orders to replenish materials, equipment and stock
  • Maintain stock rotation and dispose of and account for outdated stock
  • Enter data for production scheduling, stock replenishment/relocation and inventory adjustments
  • Reconcile physical inventories with computer counts.

Also Known As

  • inventory analyst
  • inventory clerk
  • inventory control clerk
  • inventory planner
  • procurement clerk
  • purchasing clerk
  • purchasing clerk assistant
Requirements

Employment Requirements

  • Completion of secondary school is usually required.
  • Courses in purchasing management may be required for purchasing control workers.
  • Courses in production and inventory management and ability to operate a computerized inventory system may be required for inventory control workers.

Provincial Regulation

Not Provincially Regulated

Employment by Sex

The following graph shows the percentage of men and women working in this occupation in New Brunswick.

Data legend

43.0%
Female
57.0%
Male
Employment by age

The following graph shows the breakdown of all persons working in this occupation in New Brunswick by age group.

Data legend

13.1%
15-24
15.9%
25-34
20.6%
35-44
29.0%
45-54
18.7%
55-64
2.8%
65+
Employment by highest level of education

The following graph shows the breakdown of all persons working in this occupation in New Brunswick by highest level of education achieved.

Data legend

6.6%
No Certificate, Diploma or Degree
38.7%
High School, Diploma or Equivalent
6.6%
Apprenticeship or Trades Certificate or Diploma
30.2%
College or University Below Bachelor Level
17.9%
University - Bachelor Level or Above
Employment by Industry

The following graph shows the industry groups in which the largest shares of persons working in this occupation in New Brunswick are employed. Small percentages for all top three industry groups may suggest employment for this occupation is widely distributed amongst many industry groups.

Data legend

29.9%
Retail trade
14.0%
Manufacturing
10.3%
Wholesale trade
45.8%
All Other Industries
Employment by Economic Regions

The following graph shows the breakdown of all persons employed in this occupation in New Brunswick by which economic region they reside in.

Data legend

11.30%
Northeast
40.60%
Southeast
19.80%
Southwest
15.10%
Central
13.20%
Northwest
Province of New Brunswick Economic Regions

Economic Regions

The following map displays New Brunswick’s five economic regions. An economic region (ER) is a grouping of counties, created as a standard unit for analysis of regional economic activity across Canada.

Annual Average Salary by Economic Regions

The following graph shows the average salary of all persons employed in this occupation in each of New Brunswick’s five economic regions.

Data legend

$40,000
Northeast
$48,000
Southeast
$50,000
Southwest
$56,000
Central
$46,000
Northwest
Province of New Brunswick Economic Regions

Economic Regions

The following map displays New Brunswick’s five economic regions. An economic region (ER) is a grouping of counties, created as a standard unit for analysis of regional economic activity across Canada.

Hourly Median Wages by Economic Regions

The following represents the median hourly wage of all persons employed in this occupation in each of New Brunswick’s five economic regions.

Northeast

$18.72
$14.47
Low
$24.32
High

Southeast

$19.16
$15.07
Low
$22.89
High

Southwest

$19.09
$14.58
Low
$28.02
High

Central

$18.70
$14.76
Low
$25.72
High

Northwest

$19.58
$14.50
Low
$24.59
High
Salary

The following shows the average salary of everyone who worked full-time and year-round in this occupation across each of the Atlantic Provinces and nationally.

New Brunswick

$48,800

Newfoundland

$59,200

Prince Edward Island

$48,000

Nova Scotia

$51,000

Canada

$56,500
Employment Outlook

The following represents the number of job openings that are expected to occur in this occupation over the next three and ten years respectively, broken down by openings expected to result from growth (“new jobs”) and openings expected to result from attrition (death and retirements).

Three Year Outlook

Total Openings: 3-Year

66
 

New Jobs: 3-Year

14
 

Retirements/Deaths: 3-Year

52
 

Ten Year Outlook

Total Openings: 10-Year

192
 

New Jobs: 10-Year

33
 

Retirements/Deaths: 10-Year

160