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Job Description:

  • 1) 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.

  • 2) Obtains data for cost analysis studies by determining manufacturing costs within divisions of company.

  • 3) Confers with vendors and analyzes vendor's operations to determine factors that affect prices.

  • 4) Prepares reports, charts, and graphs of findings.

  • 5) Evaluates findings and makes recommendations to purchasing personnel regarding feasibility of manufacturing or buying needed products.

  • 6) May recommend use of alternative parts, materials, or manufacturing methods to reduce costs.




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End Of Job Description for: "PURCHASE-PRICE ANALYST"
DOT:   162.167-030

Job Number: 8104