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Buying analyst vs staff analyst

The differences between buying analysts and staff analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a buying analyst, becoming a staff analyst takes usually requires 2-4 years. Additionally, a staff analyst has an average salary of $99,158, which is higher than the $77,425 average annual salary of a buying analyst.

The top three skills for a buying analyst include purchase orders, delivery schedules and MRP. The most important skills for a staff analyst are project management, process improvement, and technical support.

Buying analyst vs staff analyst overview

Buying AnalystStaff Analyst
Yearly salary$77,425$99,158
Hourly rate$37.22$47.67
Growth rate11%11%
Number of jobs22,966174,178
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 68%
Average age4844
Years of experience64

What does a buying analyst do?

A buying analyst specializes in conducting extensive market research and analysis to develop conclusions and recommendations that will help companies in making purchase decisions. They focus on studying the suppliers and competing companies, gathering and analyzing consumer feedback, performing audits and risk assessments, and making forecast models. They may also assess and evaluate external parties, such as vendors and distributors. Through the findings of their research, a buying analyst may also help in establishing guidelines, protocols, and methods to optimize business operations and develop solutions against problem areas.

What does a staff analyst do?

Staff Analysts are employees who oversee the activities related to the employees. They monitor the performance of the employees and assess whether particular employees suit the role they have. They also assess the current roles in the company to see if those roles are really needed. Staff Analysts ensure that the manpower allocation in the company is efficient. They analyze staff-related data to check whether there are more areas for improvement. Staff Analysts may also be assigned to come up with projects related to improving productivity.

Buying analyst vs staff analyst salary

Buying analysts and staff analysts have different pay scales, as shown below.

Buying AnalystStaff Analyst
Average salary$77,425$99,158
Salary rangeBetween $52,000 And $113,000Between $71,000 And $136,000
Highest paying CityPalo Alto, CASan Francisco, CA
Highest paying stateWashingtonNew Jersey
Best paying companyYellowHammerBayer
Best paying industryFinanceTechnology

Differences between buying analyst and staff analyst education

There are a few differences between a buying analyst and a staff analyst in terms of educational background:

Buying AnalystStaff Analyst
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 68%
Most common majorBusinessBusiness
Most common collegeNorthwestern UniversityNorthwestern University

Buying analyst vs staff analyst demographics

Here are the differences between buying analysts' and staff analysts' demographics:

Buying AnalystStaff Analyst
Average age4844
Gender ratioMale, 52.2% Female, 47.8%Male, 47.6% Female, 52.4%
Race ratioBlack or African American, 9.1% Unknown, 4.4% Hispanic or Latino, 12.4% Asian, 7.4% White, 65.9% American Indian and Alaska Native, 0.8%Black or African American, 8.0% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 12.1% White, 66.4% American Indian and Alaska Native, 0.2%
LGBT Percentage7%12%

Differences between buying analyst and staff analyst duties and responsibilities

Buying analyst example responsibilities.

  • Support the implementation of vendor manage inventory programs for MRO relate commodities.
  • Develop, implement and control MRO relate commodities cost saving initiatives in alignment with business unit goals.
  • Submit, receive and analyze RFQ.
  • Request RFP's and negotiate contracts.
  • Champion order fulfillment, business development, order placement, vendor relations, and MRP planning.
  • Handle MRO buying, as well as coding invoices so that correct account center is hit.
  • Show more

Staff analyst example responsibilities.

  • Develop infrastructure to enable clients to better understand and manage risks associate with their decision environment to capture opportunities.
  • Communicate with design engineers to obtain weekly status of engineering documents and update spreadsheet and charts in SharePoint.
  • Project manager for derivative processing on the accounting platform including creating a steam line process and validating tickets for accuracy.
  • Provide statistically orient in-depth market analyses using SAS for specific construction products including concrete, oil, steel and machinery equipment.
  • Deliver an innovative data visualization capability.
  • Monitor and analyze critical path of material flows and trends, coordinate material synchronization within the MRP system to maximize profitability.
  • Show more

Buying analyst vs staff analyst skills

Common buying analyst skills
  • Purchase Orders, 20%
  • Delivery Schedules, 6%
  • MRP, 6%
  • Expedite, 5%
  • Cost Savings, 5%
  • Lean Manufacturing, 4%
Common staff analyst skills
  • Project Management, 9%
  • Process Improvement, 7%
  • Technical Support, 6%
  • Windows, 6%
  • SQL, 6%
  • Logistics, 5%

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