Post job

Buyer vs senior buyer

The differences between buyers and senior buyers 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 senior buyer takes usually requires 4-6 years. Additionally, a senior buyer has an average salary of $79,848, which is higher than the $54,049 average annual salary of a buyer.

The top three skills for a buyer include purchase orders, customer service and logistics. The most important skills for a senior buyer are supply chain, purchase orders, and MRP.

Buyer vs senior buyer overview

BuyerSenior Buyer
Yearly salary$54,049$79,848
Hourly rate$25.99$38.39
Growth rate--
Number of jobs23,58927,412
Job satisfaction5-
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 70%
Average age4748
Years of experience-6

What does a buyer do?

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.

What does a senior buyer do?

The job of senior buyers, or also known as purchasing agents, is to meet the material needs of an organization. They are responsible for finding suppliers, arranging the distribution to several retail outlets, and supervising other purchasing agents. They also look for new product streams and establish procurement strategies. Senior buyers typically begin their careers as assistant buyers or junior purchasing agents. Most employers usually prefer those with college degrees in marketing, business, and economics.

Buyer vs senior buyer salary

Buyers and senior buyers have different pay scales, as shown below.

BuyerSenior Buyer
Average salary$54,049$79,848
Salary rangeBetween $37,000 And $76,000Between $56,000 And $112,000
Highest paying CityEnglewood, NJNew York, NY
Highest paying stateNew JerseyNew York
Best paying companyNVIDIACapgemini
Best paying industryAutomotiveHospitality

Differences between buyer and senior buyer education

There are a few differences between a buyer and a senior buyer in terms of educational background:

BuyerSenior Buyer
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 70%
Most common majorBusinessBusiness
Most common collegeCalifornia State University - BakersfieldUniversity of Pennsylvania

Buyer vs senior buyer demographics

Here are the differences between buyers' and senior buyers' demographics:

BuyerSenior Buyer
Average age4748
Gender ratioMale, 43.9% Female, 56.1%Male, 57.7% Female, 42.3%
Race ratioBlack 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, 8.8% Unknown, 4.4% Hispanic or Latino, 12.1% Asian, 7.6% White, 66.3% American Indian and Alaska Native, 0.8%
LGBT Percentage15%7%

Differences between buyer and senior buyer duties and responsibilities

Buyer example responsibilities.

  • Achieve QA initiatives by increasing transparency and communication with multiple departments and suppliers to achieve daily/weekly/monthly production requirements and expedites.
  • Manage all incoming RMA equipment, processing and directing to correct locations and departments.
  • Create, analyze and manage recaps pertaining to inventory, trends, OTB, and markdowns.
  • Manage KanBan spreadsheets to optimize inventory levels and supplier performance.
  • Manage business relationship with Japanese OEM of wide-format printer engines.
  • Manage MRB and IQA escalations to facilitate defective material resolutions.
  • Show more

Senior buyer example responsibilities.

  • Manage assigned commodities by communicating MRP changes and forecasts to minimize excess inventory to achieve optimum inventory levels.
  • Manage and analyze supplier OTD and keep in constant communication with suppliers to help improve delivery.
  • Manage ECO process with overseas manufacturing partner.
  • Lead Made2Manage ERP system development and implementation to improve effectiveness and efficiency of inventory.
  • Manage invoice reconciliations, RFQ management, system database review and regular inventory reporting.
  • Manage commodities at establish re-order point levels meeting forecast for production scale-up and revenue goals.
  • Show more

Buyer vs senior buyer skills

Common buyer skills
  • Purchase Orders, 22%
  • Customer Service, 11%
  • Logistics, 5%
  • Supplier Performance, 4%
  • MRP, 4%
  • Commodities, 3%
Common senior buyer skills
  • Supply Chain, 17%
  • Purchase Orders, 11%
  • MRP, 4%
  • Supplier Performance, 4%
  • Commodities, 4%
  • Continuous Improvement, 4%

Browse business and financial jobs