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A buyer sources, negotiates, and purchases goods and services on behalf of a company or organization. They research market trends, evaluate suppliers, and make decisions based on quality, price, and availability. Buyers work closely with sales teams, vendors, and other departments to deliver products on time and meet the needs of the business. They also manage inventory levels and track expenses. Successful buyers have communication skills, attention to detail, and the ability to work under pressure.
It typically takes 5-6 years to become a buyer:
Avg. Salary $54,049
Avg. Salary $59,228
American Indian and Alaska Native 0.77%
Asian 6.71%
Black or African American 4.02%
Hispanic or Latino 9.99%
Unknown 3.12%
White 75.39%
Genderfemale 56.09%
male 43.91%
Age - 49American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 49Stress level is high
7.1 - high
Complexity Level is advanced
7 - challenging
Work Life balance is poor
6.4 - fair
Pros
Opportunity to negotiate and make deals
Constantly learning about new products and industries
Opportunity for travel
Potential for high earning potential with commission or bonuses
Ability to take ownership of projects
Cons
Work can be high pressure and stressful
Long hours, including evenings and weekends
Reliance on technology which can be frustrating if it malfunctions
Dealing with difficult vendors or customers
Limited opportunities for creativity or innovation in certain industries
Buyers often progress to senior buyer positions or take on roles like purchasing manager or director of purchasing. They may also move into planning and merchandising roles. In some cases, buyers move into operations or supply chain management.
The educational requirements for a buyer are typically a bachelor's degree in Business, Marketing, Accounting, Management, or Supply Chain Management. According to the data, 76.83% of buyers hold a bachelor's degree. However, some buyers may also hold certifications such as Certified Supply Chain Professional, Certified Purchasing Professional, International Accredited Business Accountant, Certified Product Safety Manager, or Certified Professional in Supply Management. Top schools for buyers include California State University - Bakersfield, University of Minnesota - Twin Cities, University of Illinois at Urbana-Champaign, Stanford University, and Pennsylvania State University.
A buyer needs to be skilled in managing vendor relationships, resolving performance issues, and preventing problems. They must also be able to handle inventory management, including coordinating delivery times and identifying discrepancies. Strong negotiation and communication skills are also vital for a buyer, as they need to work with vendors, resolve issues, and participate in proposal evaluation.
Skills | Percentages |
---|---|
Purchase Orders | 22.11% |
Customer Service | 10.95% |
Logistics | 4.61% |
Supplier Performance | 3.89% |
MRP | 3.88% |
A buyer's job involves managing vendor relationships, tracking orders, and ensuring timely deliveries. They handle performance issues and other difficulties to prevent escalation and resolve problems. They also analyze consumer responses, market trends, and sales volumes to develop and implement quarterly promotional advertisement sales forecasts.
When your background is strong enough, you can start writing your buyer resume.
You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a buyer resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.
Now it's time to start searching for a buyer job. Consider the tips below for a successful job search:
Are you a Buyer?
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The average Buyer salary in the United States is $54,049 per year or $26 per hour. Buyer salaries range between $37,000 and $76,000 per year.
What Am I Worth?
Have a direct impact of the company bottom targets.
To be involved in negotiations
I like all in this job, because I have the choise to be in relation with a lot of persons and know what they are doing against purchasing also what the use to buy and under what coondition
Negotiating with suppliers, influencing others, solving problems, making a positive difference to the company's bottom line.