Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between associate buyers and procurement analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an associate buyer and a procurement analyst. Additionally, a procurement analyst has an average salary of $64,448, 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 analyst are purchase orders, supplier performance, and customer service.
| Associate Buyer | Procurement Analyst | |
| Yearly salary | $49,963 | $64,448 |
| Hourly rate | $24.02 | $30.98 |
| Growth rate | - | 11% |
| Number of jobs | 14,942 | 75,154 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 69% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
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.
Procurement analysts procure favorable contracts by acting as liaisons between suppliers and their employers. They are hired by organizations that rely on supply chain management to analyze and evaluate potential suppliers, prepare reports about monthly supply costs, and negotiate contracts. With good critical thinking skills, these procurement analysts who are also known as purchasing analysts, evaluate vendors and suppliers based on the speed of delivery, quality, and price. They use quantitative methods to support fact-based decision-making to become competitive and to ensure cost-efficiency and high quality of the products and services.
Associate buyers and procurement analysts have different pay scales, as shown below.
| Associate Buyer | Procurement Analyst | |
| Average salary | $49,963 | $64,448 |
| Salary range | Between $36,000 And $68,000 | Between $45,000 And $91,000 |
| Highest paying City | New York, NY | Washington, DC |
| Highest paying state | New York | Maryland |
| Best paying company | VF | PayPal |
| Best paying industry | Technology | Retail |
There are a few differences between an associate buyer and a procurement analyst in terms of educational background:
| Associate Buyer | Procurement Analyst | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between associate buyers' and procurement analysts' demographics:
| Associate Buyer | Procurement Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 31.8% Female, 68.2% | Male, 47.7% Female, 52.3% |
| Race ratio | Black 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, 8.2% Unknown, 4.5% Hispanic or Latino, 9.0% Asian, 11.8% White, 66.4% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 9% | 12% |