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Associate buyer vs procurement analyst

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 vs procurement analyst overview

Associate BuyerProcurement Analyst
Yearly salary$49,963$64,448
Hourly rate$24.02$30.98
Growth rate-11%
Number of jobs14,94275,154
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 69%
Average age4444
Years of experience44

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 analyst do?

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 buyer vs procurement analyst salary

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

Associate BuyerProcurement Analyst
Average salary$49,963$64,448
Salary rangeBetween $36,000 And $68,000Between $45,000 And $91,000
Highest paying CityNew York, NYWashington, DC
Highest paying stateNew YorkMaryland
Best paying companyVFPayPal
Best paying industryTechnologyRetail

Differences between associate buyer and procurement analyst education

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

Associate BuyerProcurement Analyst
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaNorthwestern University

Associate buyer vs procurement analyst demographics

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

Associate BuyerProcurement Analyst
Average age4444
Gender ratioMale, 31.8% Female, 68.2%Male, 47.7% Female, 52.3%
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, 8.2% Unknown, 4.5% Hispanic or Latino, 9.0% Asian, 11.8% White, 66.4% American Indian and Alaska Native, 0.2%
LGBT Percentage9%12%

Differences between associate buyer and procurement analyst 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.
  • Show more

Procurement analyst example responsibilities.

  • Manage SQL reporting database server that are used by procurement analyst and pull into SharePoint.
  • Lead a software implementation process and training program for company's ERP (Advantage/Sapphire) system.
  • Manage, negotiate and source MRO products and services, for building, machinery and grounds maintenance.
  • Perform reviews of select teams and programs to determine whether VBA and federal policies and guidelines are effectively implement and manage.
  • Prepare budget estimates base on the P6 schedule in accordance with NASA PPBE guidance.
  • Function with senior management on RFP and RFQ as well as periodically report detailed analysis of vendor responses.
  • Show more

Associate buyer vs procurement analyst skills

Common associate buyer skills
  • Customer Service, 16%
  • Purchase Orders, 15%
  • Math, 5%
  • Vendor Relations, 5%
  • Logistics, 3%
  • Market Trends, 3%
Common procurement analyst skills
  • Purchase Orders, 9%
  • Supplier Performance, 7%
  • Customer Service, 6%
  • Logistics, 4%
  • Strategic Sourcing, 4%
  • Data Analysis, 4%

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