Landman vs senior buyer

The differences between landmen and senior buyers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a landman and a senior buyer. Additionally, a landman has an average salary of $82,853, which is higher than the $79,848 average annual salary of a senior buyer.

The top three skills for a landman include ownership reports, title searches and due diligence. The most important skills for a senior buyer are supply chain, purchase orders, and MRP.

Landman vs senior buyer overview

	Landman	Senior Buyer
Yearly salary	$82,853	$79,848
Hourly rate	$39.83	$38.39
Growth rate	3%	-
Number of jobs	364	27,412
Job satisfaction	5	-
Most common degree	Bachelor's Degree, 70%	Bachelor's Degree, 70%
Average age	48	48
Years of experience	6	6

What does a landman do?

Landmen are referred to as the public-facing side of a gas, mineral, and oil exploration and production team. They are professionals who interact and negotiate directly with landowners for the acquisition of gas and oil drilling leases. Their duties include acquiring subsurface mineral rights from the landowners. They negotiate mineral rights, which include marketing and leasing right from the owner. The skills necessary for the job include management skills, leadership, communication skills, and attention to detail.

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.

Landman vs senior buyer salary

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

	Landman	Senior Buyer
Average salary	$82,853	$79,848
Salary range	Between $53,000 And $128,000	Between $56,000 And $112,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	Capgemini
Best paying industry	-	Hospitality

Differences between landman and senior buyer education

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

	Landman	Senior Buyer
Most common degree	Bachelor's Degree, 70%	Bachelor's Degree, 70%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Landman vs senior buyer demographics

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

	Landman	Senior Buyer
Average age	48	48
Gender ratio	Male, 72.8% Female, 27.2%	Male, 57.7% Female, 42.3%
Race ratio	Black or African American, 9.3% Unknown, 4.4% Hispanic or Latino, 12.7% Asian, 6.7% White, 66.1% 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 Percentage	7%	7%

Differences between landman and senior buyer duties and responsibilities

Landman example responsibilities.

Manage OGA other government agencies (i.e.
Manage the tenant improvement schedules and annual CPI rent increases for tenants in designate office locations.
Manage land-related licensing, permitting and zoning processes including reporting, oversight of requirements and monitoring to ensure compliance.
Manage for multiple medical clients performing tasks such as medical billing, submitting insurance and verifying insurance including Medicare and Medicaid.
Provide results by comparing BLM and county results and transferring the data onto ownership reports for producing wells.
Examine probate and civil case files in court clerk offices in an attempt to fill title gaps or cure title defects.

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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.

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Landman vs senior buyer skills

Common landman skills

Ownership Reports, 13%
Title Searches, 9%
Due Diligence, 8%
Right-of-Way, 6%
Title Opinions, 6%
RUN Sheets, 5%

Common senior buyer skills

Supply Chain, 17%
Purchase Orders, 11%
MRP, 4%
Supplier Performance, 4%
Commodities, 4%
Continuous Improvement, 4%

Landman vs. similar jobs

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Updated January 8, 2025

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