Buyer lead vs procurement agent

The differences between buyer leads and procurement agents can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a buyer lead and a procurement agent. Additionally, a procurement agent has an average salary of $72,384, which is higher than the $60,256 average annual salary of a buyer lead.

The top three skills for a buyer lead include purchase orders, supplier performance and commodities. The most important skills for a procurement agent are supply chain, strategic sourcing, and supplier performance.

Buyer lead vs procurement agent overview

	Buyer Lead	Procurement Agent
Yearly salary	$60,256	$72,384
Hourly rate	$28.97	$34.80
Growth rate	-	11%
Number of jobs	20,610	45,198
Job satisfaction	-	2
Most common degree	Bachelor's Degree, 63%	Bachelor's Degree, 69%
Average age	48	48
Years of experience	6	6

Buyer lead vs procurement agent salary

Buyer leads and procurement agents have different pay scales, as shown below.

	Buyer Lead	Procurement Agent
Average salary	$60,256	$72,384
Salary range	Between $43,000 And $82,000	Between $49,000 And $106,000
Highest paying City	Vancouver, WA	Richmond, CA
Highest paying state	Maryland	New Jersey
Best paying company	Lam Research	McKinsey & Company Inc
Best paying industry	Manufacturing	Technology

Differences between buyer lead and procurement agent education

There are a few differences between a buyer lead and a procurement agent in terms of educational background:

	Buyer Lead	Procurement Agent
Most common degree	Bachelor's Degree, 63%	Bachelor's Degree, 69%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Buyer lead vs procurement agent demographics

Here are the differences between buyer leads' and procurement agents' demographics:

	Buyer Lead	Procurement Agent
Average age	48	48
Gender ratio	Male, 55.4% Female, 44.6%	Male, 51.4% Female, 48.6%
Race ratio	Black or African American, 9.0% Unknown, 4.4% Hispanic or Latino, 12.4% Asian, 7.8% White, 65.7% American Indian and Alaska Native, 0.8%	Black or African American, 8.8% Unknown, 4.4% Hispanic or Latino, 12.2% Asian, 7.6% White, 66.2% American Indian and Alaska Native, 0.8%
LGBT Percentage	7%	7%

Differences between buyer lead and procurement agent duties and responsibilities

Buyer lead example responsibilities.

Facilitate and manage key communication between internal customers and suppliers regarding RFP status, price and contract negotiations.
Used T4m (ERP system )
Direct and indirect (MRO) purchase materials.
Implement usage of ERP system to its full capacity.
Serve as key team member on development and implementation of automate MRO systems.
Issue and analyze RFQ and RFP to obtain the best cost and quality for goods and services.

Procurement agent example responsibilities.

Achieve $200k cost savings buy locating excess material from OEM.
Manage project size OEM bills of material from supplier negotiation through final invoice.
Monitor and manage cost of components for bill of material (BOM), schedule lead times and performance with budgets.
Prepare strategic commodity business plans for globally manage commodities, performing spend analysis, and identifying part cost drivers.
Process purchase requisitions to POs for different commodities for MCI s end-user community.
Perform category spend analysis of indirect spend for hotel expenses to determine hotel candidates for 2010 RFP corporate rate negotiations.

Buyer lead vs procurement agent skills

Common buyer lead skills

Purchase Orders, 19%
Supplier Performance, 17%
Commodities, 7%
RFQ, 6%
On-Time Delivery, 6%
Customer Service, 4%

Common procurement agent skills

Supply Chain, 15%
Strategic Sourcing, 6%
Supplier Performance, 6%
Customer Service, 5%
Inventory Control, 4%
Purchase Orders, 4%