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Head of merchandise buying vs contracts administrator

The differences between heads of merchandise buying and contracts administrators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a head of merchandise buying and a contracts administrator. Additionally, a head of merchandise buying has an average salary of $133,768, which is higher than the $52,876 average annual salary of a contracts administrator.

The top three skills for a head of merchandise buying include customer service, gross margin and product development. The most important skills for a contracts administrator are contract administration, customer service, and contract management.

Head of merchandise buying vs contracts administrator overview

Head Of Merchandise BuyingContracts Administrator
Yearly salary$133,768$52,876
Hourly rate$64.31$25.42
Growth rate5%-6%
Number of jobs15,82758,038
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 61%
Average age4848
Years of experience66

Head of merchandise buying vs contracts administrator salary

Heads of merchandise buying and contracts administrators have different pay scales, as shown below.

Head Of Merchandise BuyingContracts Administrator
Average salary$133,768$52,876
Salary rangeBetween $76,000 And $233,000Between $35,000 And $78,000
Highest paying City-Washington, DC
Highest paying state-Maryland
Best paying company-Ngam Advisors, L.P.
Best paying industry-Finance

Differences between head of merchandise buying and contracts administrator education

There are a few differences between a head of merchandise buying and a contracts administrator in terms of educational background:

Head Of Merchandise BuyingContracts Administrator
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 61%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Head of merchandise buying vs contracts administrator demographics

Here are the differences between heads of merchandise buying' and contracts administrators' demographics:

Head Of Merchandise BuyingContracts Administrator
Average age4848
Gender ratioMale, 52.0% Female, 48.0%Male, 32.2% Female, 67.8%
Race ratioBlack 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, 9.2% Unknown, 4.4% Hispanic or Latino, 12.6% Asian, 7.7% White, 65.3% American Indian and Alaska Native, 0.8%
LGBT Percentage7%7%

Differences between head of merchandise buying and contracts administrator duties and responsibilities

Head of merchandise buying example responsibilities.

  • Manage custom POs and works closely with planning to maintain a proper safety stock of refurbish inventory.
  • Launch and manage the Americas outsourcing lead generation and qualification process.
  • Create all financial and OTB plans including sales, inventory, margin and turn goals.
  • Solidify boutique as a local go-to shopping destination for customers seeking unique clothing and accessories.
  • Facilitate all RTV's and RA's and maintain all data entry for purchase orders.
  • Create facebook posts and design customer email newsletters.

Contracts administrator example responsibilities.

  • Manage communication between both interviewees and candidates regarding interview logistics.
  • Coordinate requirements and interface with other division personnel to accomplish timely and cost effective procurement of assign commodities.
  • Optimize GPO department operating efficiency with cleanup, data analysis, and rebate reconciliation projects.
  • Ensure ERP data management for customer info and contract.
  • Mentor employees new to the duties and responsibilities of an SCA.
  • Utilize SQL queries, advance excel formulas, functions and project scheduling tools.
  • Show more

Head of merchandise buying vs contracts administrator skills

Common head of merchandise buying skills
  • Customer Service, 25%
  • Gross Margin, 19%
  • Product Development, 11%
  • Store Management, 5%
  • Inventory Management, 5%
  • Inventory Control, 4%
Common contracts administrator skills
  • Contract Administration, 11%
  • Customer Service, 7%
  • Contract Management, 6%
  • Proposal Preparation, 5%
  • Purchase Orders, 5%
  • Contract Terms, 5%

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