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The differences between buyers and purchasing agents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a buyer, becoming a purchasing agent takes usually requires 4-6 years. Additionally, a buyer has an average salary of $54,049, which is higher than the $51,950 average annual salary of a purchasing agent.
The top three skills for a buyer include purchase orders, customer service and logistics. The most important skills for a purchasing agent are purchase orders, customer service, and logistics.
| Buyer | Purchasing Agent | |
| Yearly salary | $54,049 | $51,950 |
| Hourly rate | $25.99 | $24.98 |
| Growth rate | - | - |
| Number of jobs | 23,589 | 45,856 |
| Job satisfaction | 5 | 5 |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 56% |
| Average age | 47 | 48 |
| Years of experience | - | 6 |
A buyer's duties include product sourcing and comparing resources for the best product range that would suit the specific needs of the business. Buyers must have excellent communication and negotiation skills to evaluate items that most likely benefit the customer and improve the sales of daily operations with cost-efficient products. They also conduct extensive research for market and price trends while considering the highest quality standards. Buyers should also possess strong analytical skills to create purchase orders and statistical analysis.
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.
Buyers and purchasing agents have different pay scales, as shown below.
| Buyer | Purchasing Agent | |
| Average salary | $54,049 | $51,950 |
| Salary range | Between $37,000 And $76,000 | Between $37,000 And $72,000 |
| Highest paying City | Englewood, NJ | San Jose, CA |
| Highest paying state | New Jersey | Maryland |
| Best paying company | NVIDIA | Abiomed |
| Best paying industry | Automotive | Technology |
There are a few differences between a buyer and a purchasing agent in terms of educational background:
| Buyer | Purchasing Agent | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 56% |
| Most common major | Business | Business |
| Most common college | California State University - Bakersfield | University of Pennsylvania |
Here are the differences between buyers' and purchasing agents' demographics:
| Buyer | Purchasing Agent | |
| Average age | 47 | 48 |
| Gender ratio | Male, 43.9% Female, 56.1% | Male, 49.5% Female, 50.5% |
| Race ratio | Black or African American, 4.0% Unknown, 3.1% Hispanic or Latino, 10.0% Asian, 6.7% White, 75.4% 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 | 15% | 7% |