Post job

Pharmaceutical analyst vs procurement agent

The differences between pharmaceutical analysts 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 pharmaceutical analyst and a procurement agent. Additionally, a procurement agent has an average salary of $72,384, which is higher than the $66,273 average annual salary of a pharmaceutical analyst.

The top three skills for a pharmaceutical analyst include sops, HPLC and pharmaceutical industry. The most important skills for a procurement agent are supply chain, strategic sourcing, and supplier performance.

Pharmaceutical analyst vs procurement agent overview

Pharmaceutical AnalystProcurement Agent
Yearly salary$66,273$72,384
Hourly rate$31.86$34.80
Growth rate19%11%
Number of jobs11,53845,198
Job satisfaction-2
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 69%
Average age4848
Years of experience66

Pharmaceutical analyst vs procurement agent salary

Pharmaceutical analysts and procurement agents have different pay scales, as shown below.

Pharmaceutical AnalystProcurement Agent
Average salary$66,273$72,384
Salary rangeBetween $47,000 And $93,000Between $49,000 And $106,000
Highest paying CityLos Angeles, CARichmond, CA
Highest paying stateMassachusettsNew Jersey
Best paying companyAPI TechnologiesMcKinsey & Company Inc
Best paying industry-Technology

Differences between pharmaceutical analyst and procurement agent education

There are a few differences between a pharmaceutical analyst and a procurement agent in terms of educational background:

Pharmaceutical AnalystProcurement Agent
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 69%
Most common majorPharmacyBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Pharmaceutical analyst vs procurement agent demographics

Here are the differences between pharmaceutical analysts' and procurement agents' demographics:

Pharmaceutical AnalystProcurement Agent
Average age4848
Gender ratioMale, 42.0% Female, 58.0%Male, 51.4% Female, 48.6%
Race ratioBlack or African American, 9.1% Unknown, 4.4% Hispanic or Latino, 12.5% Asian, 7.8% White, 65.4% 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 Percentage7%7%

Differences between pharmaceutical analyst and procurement agent duties and responsibilities

Pharmaceutical analyst example responsibilities.

  • Manage project team meetings using SharePoint calendars.
  • Participate in writing and filing appropriate FDA premarket submissions.
  • Develop an optimize HPLC condition to simultaneously measure several cephalosporins.
  • Develop and implement data management monthly/quarterly goal reports and QC procedures to support them.
  • Analyze office administration support for analysts supporting DOD projects to identify efficiency opportunities to prototype and write report of analysis findings.
  • Develop and debug application programs for the disability/health care line of business utilizing COBOL.

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.
  • Show more

Pharmaceutical analyst vs procurement agent skills

Common pharmaceutical analyst skills
  • Sops, 40%
  • HPLC, 35%
  • Pharmaceutical Industry, 14%
  • Medicare, 6%
  • Medicaid, 5%
Common procurement agent skills
  • Supply Chain, 15%
  • Strategic Sourcing, 6%
  • Supplier Performance, 6%
  • Customer Service, 5%
  • Inventory Control, 4%
  • Purchase Orders, 4%

Browse business and financial jobs