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The differences between acquisition specialists and purchasing agents can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an acquisition specialist and a purchasing agent. Additionally, an acquisition specialist has an average salary of $65,906, which is higher than the $51,950 average annual salary of a purchasing agent.
The top three skills for an acquisition specialist include program management, market research and DOD. The most important skills for a purchasing agent are purchase orders, customer service, and logistics.
| Acquisition Specialist | Purchasing Agent | |
| Yearly salary | $65,906 | $51,950 |
| Hourly rate | $31.69 | $24.98 |
| Growth rate | 9% | - |
| Number of jobs | 17,543 | 45,856 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 56% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
An acquisition specialist is in charge of developing strategies to acquire goods and services on behalf of a company. Their responsibilities include coordinating with different departments to gather data, conducting extensive research and analysis to find cost-efficient materials and resources, liaising with external parties such as vendors and suppliers, negotiating contracts, and arranging payment plans. Furthermore, an acquisition specialist may also participate in a company's employment procedures and recruit potential employees in adherence to the company's vision and mission.
A purchasing agent's general task is keeping purchase records and making sure that there won't be any discrepancies with the handling of orders. The purchasing agent should be responsible for the order processing and payment collection. Purchasing agents should also be proficient in interpreting and evaluating data, researching on best marketing sources and alternatives, issuing required documentation for suppliers, as well as managing customer queries as needed. Being a purchasing agent requires critical-thinking skills in assessing concerns and providing solutions should there be any possible negotiation conflicts.
Acquisition specialists and purchasing agents have different pay scales, as shown below.
| Acquisition Specialist | Purchasing Agent | |
| Average salary | $65,906 | $51,950 |
| Salary range | Between $43,000 And $99,000 | Between $37,000 And $72,000 |
| Highest paying City | Washington, DC | San Jose, CA |
| Highest paying state | New Jersey | Maryland |
| Best paying company | Amazon | Abiomed |
| Best paying industry | Finance | Technology |
There are a few differences between an acquisition specialist and a purchasing agent in terms of educational background:
| Acquisition Specialist | Purchasing Agent | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 56% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between acquisition specialists' and purchasing agents' demographics:
| Acquisition Specialist | Purchasing Agent | |
| Average age | 48 | 48 |
| Gender ratio | Male, 51.9% Female, 48.1% | Male, 49.5% Female, 50.5% |
| Race ratio | Black or African American, 9.3% Unknown, 4.4% Hispanic or Latino, 12.6% Asian, 7.6% White, 65.3% American Indian and Alaska Native, 0.8% | Black or African American, 9.3% Unknown, 4.4% Hispanic or Latino, 12.7% Asian, 7.0% White, 65.8% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 7% | 7% |