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Pharmaceutical analyst vs purchasing buyer

The differences between pharmaceutical analysts and purchasing 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 pharmaceutical analyst and a purchasing buyer. Additionally, a pharmaceutical analyst has an average salary of $66,273, which is higher than the $47,471 average annual salary of a purchasing buyer.

The top three skills for a pharmaceutical analyst include sops, HPLC and pharmaceutical industry. The most important skills for a purchasing buyer are purchase orders, logistics, and cost savings.

Pharmaceutical analyst vs purchasing buyer overview

Pharmaceutical AnalystPurchasing Buyer
Yearly salary$66,273$47,471
Hourly rate$31.86$22.82
Growth rate19%-
Number of jobs11,53821,158
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 55%
Average age4848
Years of experience66

Pharmaceutical analyst vs purchasing buyer salary

Pharmaceutical analysts and purchasing buyers have different pay scales, as shown below.

Pharmaceutical AnalystPurchasing Buyer
Average salary$66,273$47,471
Salary rangeBetween $47,000 And $93,000Between $35,000 And $62,000
Highest paying CityLos Angeles, CAGoleta, CA
Highest paying stateMassachusettsCalifornia
Best paying companyAPI TechnologiesAramco Services Company
Best paying industry-Automotive

Differences between pharmaceutical analyst and purchasing buyer education

There are a few differences between a pharmaceutical analyst and a purchasing buyer in terms of educational background:

Pharmaceutical AnalystPurchasing Buyer
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 55%
Most common majorPharmacyBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Pharmaceutical analyst vs purchasing buyer demographics

Here are the differences between pharmaceutical analysts' and purchasing buyers' demographics:

Pharmaceutical AnalystPurchasing Buyer
Average age4848
Gender ratioMale, 42.0% Female, 58.0%Male, 41.9% Female, 58.1%
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, 9.0% Unknown, 4.4% Hispanic or Latino, 12.4% Asian, 7.8% White, 65.7% American Indian and Alaska Native, 0.8%
LGBT Percentage7%7%

Differences between pharmaceutical analyst and purchasing buyer 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.

Purchasing buyer example responsibilities.

  • Manage the development of RFP process per departmental and legal requirements.
  • Create and manage requisitions, code billing statements and reconcile monthly bills in PeopleSoft.
  • Manage logistics and materials receive for appropriate quantities, timeliness and accuracy to complete project project.
  • Complete request for quotation (RFQ), design reviews, and advance product quality planning (APQP).
  • Used MRP to track and develop orders for electronic and mechanical commodities for high volume 32,000 a day unit product.
  • Make purchasing decisions base on the examination and recommendations of the ERP planning system and issuing and maintaining supplier purchase orders.
  • Show more

Pharmaceutical analyst vs purchasing buyer skills

Common pharmaceutical analyst skills
  • Sops, 40%
  • HPLC, 35%
  • Pharmaceutical Industry, 14%
  • Medicare, 6%
  • Medicaid, 5%
Common purchasing buyer skills
  • Purchase Orders, 29%
  • Logistics, 6%
  • Cost Savings, 5%
  • ERP, 4%
  • MRP, 4%
  • RFQ, 4%

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