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Associate buyer vs procurement agent

The differences between associate buyers and procurement agents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become an associate buyer, becoming a procurement agent takes usually requires 4-6 years. Additionally, a procurement agent has an average salary of $72,384, which is higher than the $49,963 average annual salary of an associate buyer.

The top three skills for an associate buyer include customer service, purchase orders and math. The most important skills for a procurement agent are supply chain, strategic sourcing, and supplier performance.

Associate buyer vs procurement agent overview

Associate BuyerProcurement Agent
Yearly salary$49,963$72,384
Hourly rate$24.02$34.80
Growth rate-11%
Number of jobs14,94245,198
Job satisfaction-2
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 69%
Average age4448
Years of experience46

What does an associate buyer do?

An Associate Buyer maintains and keeps records of the inventory and disburses the different materials as required by the departments or personnel. The Associate Buyer reports to the Buyer or Senior Buyer.

What does a procurement agent do?

A procurement agent develops profitable measures to save the client money and ensure the quality of goods supplied. Procurement agents obtain the purchased items through suppliers, monitor them, and expedite the orders. They oversee the activities and performance of the suppliers for compliance. Their duties include the verification of item receipts, resolving shipment-related problems, and authorizing purchase payments through documentation. The necessary skills for this job include being accomplished, decisive, and strong communication skills.

Associate buyer vs procurement agent salary

Associate buyers and procurement agents have different pay scales, as shown below.

Associate BuyerProcurement Agent
Average salary$49,963$72,384
Salary rangeBetween $36,000 And $68,000Between $49,000 And $106,000
Highest paying CityNew York, NYRichmond, CA
Highest paying stateNew YorkNew Jersey
Best paying companyVFMcKinsey & Company Inc
Best paying industryTechnologyTechnology

Differences between associate buyer and procurement agent education

There are a few differences between an associate buyer and a procurement agent in terms of educational background:

Associate BuyerProcurement Agent
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Associate buyer vs procurement agent demographics

Here are the differences between associate buyers' and procurement agents' demographics:

Associate BuyerProcurement Agent
Average age4448
Gender ratioMale, 31.8% Female, 68.2%Male, 51.4% Female, 48.6%
Race ratioBlack or African American, 8.5% Unknown, 4.6% Hispanic or Latino, 16.9% Asian, 6.0% White, 63.7% American Indian and Alaska Native, 0.3%Black or African American, 8.8% Unknown, 4.4% Hispanic or Latino, 12.2% Asian, 7.6% White, 66.2% American Indian and Alaska Native, 0.8%
LGBT Percentage9%7%

Differences between associate buyer and procurement agent duties and responsibilities

Associate buyer example responsibilities.

  • Define and manage sales, markdowns, inventories (OTB plans) achieving financial objectives for all years in position.
  • Manage numerous RFP processes for the non-technology services.
  • Support include identifying and qualifying vendors, manage process for select RFP's and assist with bid assessments.
  • Work closely with planner and buyer to manage OTB and determine when to maximize business and when to protect liabilities.
  • Manage and develop successful relationships with top luxury watch and jewelry brands.
  • Coordinate and provide direction to inventory teams by managing product placement, open-to-buy, and logistics.
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Procurement agent example responsibilities.

  • Achieve $200k cost savings buy locating excess material from OEM.
  • Manage project size OEM bills of material from supplier negotiation through final invoice.
  • Monitor and manage cost of components for bill of material (BOM), schedule lead times and performance with budgets.
  • Prepare strategic commodity business plans for globally manage commodities, performing spend analysis, and identifying part cost drivers.
  • Process purchase requisitions to POs for different commodities for MCI s end-user community.
  • Perform category spend analysis of indirect spend for hotel expenses to determine hotel candidates for 2010 RFP corporate rate negotiations.
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Associate buyer vs procurement agent skills

Common associate buyer skills
  • Customer Service, 16%
  • Purchase Orders, 15%
  • Math, 5%
  • Vendor Relations, 5%
  • Logistics, 3%
  • Market Trends, 3%
Common procurement agent skills
  • Supply Chain, 15%
  • Strategic Sourcing, 6%
  • Supplier Performance, 6%
  • Customer Service, 5%
  • Inventory Control, 4%
  • Purchase Orders, 4%

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