Pharmaceutical analyst vs senior buyer

The differences between pharmaceutical analysts 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 pharmaceutical analyst and a senior buyer. Additionally, a senior buyer has an average salary of $79,848, 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 senior buyer are supply chain, purchase orders, and MRP.

Pharmaceutical analyst vs senior buyer overview

	Pharmaceutical Analyst	Senior Buyer
Yearly salary	$66,273	$79,848
Hourly rate	$31.86	$38.39
Growth rate	19%	-
Number of jobs	11,538	27,412
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 73%	Bachelor's Degree, 70%
Average age	48	48
Years of experience	6	6

Pharmaceutical analyst vs senior buyer salary

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

	Pharmaceutical Analyst	Senior Buyer
Average salary	$66,273	$79,848
Salary range	Between $47,000 And $93,000	Between $56,000 And $112,000
Highest paying City	Los Angeles, CA	New York, NY
Highest paying state	Massachusetts	New York
Best paying company	API Technologies	Capgemini
Best paying industry	-	Hospitality

Differences between pharmaceutical analyst and senior buyer education

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

	Pharmaceutical Analyst	Senior Buyer
Most common degree	Bachelor's Degree, 73%	Bachelor's Degree, 70%
Most common major	Pharmacy	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Pharmaceutical analyst vs senior buyer demographics

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

	Pharmaceutical Analyst	Senior Buyer
Average age	48	48
Gender ratio	Male, 42.0% Female, 58.0%	Male, 57.7% Female, 42.3%
Race ratio	Black 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, 12.1% Asian, 7.6% White, 66.3% American Indian and Alaska Native, 0.8%
LGBT Percentage	7%	7%

Differences between pharmaceutical analyst and senior 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.

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.

Pharmaceutical analyst vs senior buyer skills

Common pharmaceutical analyst skills

Sops, 40%
HPLC, 35%
Pharmaceutical Industry, 14%
Medicare, 6%
Medicaid, 5%

Common senior buyer skills

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