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Planner/buyer vs purchaser

The differences between planner/buyers and purchasers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a planner/buyer and a purchaser. Additionally, a planner/buyer has an average salary of $54,261, which is higher than the $50,031 average annual salary of a purchaser.

The top three skills for a planner/buyer include supply chain, purchase orders and customer service. The most important skills for a purchaser are purchase orders, FDA, and POS.

Planner/buyer vs purchaser overview

Planner/BuyerPurchaser
Yearly salary$54,261$50,031
Hourly rate$26.09$24.05
Growth rate-3%-
Number of jobs33,4526,852
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 54%
Average age4848
Years of experience66

What does a planner/buyer do?

The role of buyers/planners is to ensure that office materials and equipment are well-supplied within their organization. They decide and purchase the materials needed for use or resale by their organization. They are responsible for evaluating prospective suppliers based on their cost, product quality, and delivery times. They are also the ones who negotiate contracts specifying the payment terms, price, and delivery schedules. Most employers prefer their buyer to have earned a bachelor's degree with a major in operations management or business management.

What does a purchaser do?

A Purchaser is responsible for buying goods and services from distribution centers to sell to customers or other companies. They conduct data analysis and research current market trends to identify public demands and generate resources that would increase the company's revenues and profitability. They also ensure the adequacy of supply inventories for deliveries, respond to customers' inquiries and concerns, and recommend products according to their needs and budget requirements. A Purchaser must have excellent communication and organizational skills, especially in documenting purchase transactions and negotiating contracts with suppliers and vendors.

Planner/buyer vs purchaser salary

Planner/buyers and purchasers have different pay scales, as shown below.

Planner/BuyerPurchaser
Average salary$54,261$50,031
Salary rangeBetween $37,000 And $77,000Between $36,000 And $68,000
Highest paying CityBillerica, MAAtlantic City, NJ
Highest paying stateMassachusettsNew Jersey
Best paying companyEdwards LifesciencesBarnes Group
Best paying industryTechnologyTechnology

Differences between planner/buyer and purchaser education

There are a few differences between a planner/buyer and a purchaser in terms of educational background:

Planner/BuyerPurchaser
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 54%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Planner/buyer vs purchaser demographics

Here are the differences between planner/buyers' and purchasers' demographics:

Planner/BuyerPurchaser
Average age4848
Gender ratioMale, 47.9% Female, 52.1%Male, 49.2% Female, 50.8%
Race ratioBlack or African American, 9.1% Unknown, 4.4% Hispanic or Latino, 12.5% Asian, 7.9% 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, 7.7% White, 66.1% American Indian and Alaska Native, 0.8%
LGBT Percentage7%7%

Differences between planner/buyer and purchaser duties and responsibilities

Planner/buyer example responsibilities.

  • Manage assign commodities by communicating MRP changes to the suppliers, minimizing obsolete inventory while achieving the optimum inventory levels.
  • Manage monthly and year end physical inventory audits of all raw materials, WIP, and finish goods.
  • Manage inventory pipelines from NPI to manufacturing and/or offshore contract manufacturers.
  • Utilize company ERP system for inventory management and schedule optimization.
  • Plan and coordinate all material requirements of assign commodities and supplier availability utilizing the MRP system.
  • Synchronize with packers and freight forwarders to arrange and prepare documentation shipment export.
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Purchaser example responsibilities.

  • Purchase components for production; run daily production schedule; manage inventory of items; source alternative items for production
  • Work extensively with customers to identify business and project requirements through RFI's, RFP's, and RFQ's.
  • Handle RFQ (request for quotation) and the RFB (request for bid).
  • Insure day to day operations run smoothly.
  • Operate ERP system in factory and keep the data update.
  • Order parts & MRO items as needed for production workers.
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Planner/buyer vs purchaser skills

Common planner/buyer skills
  • Supply Chain, 14%
  • Purchase Orders, 14%
  • Customer Service, 7%
  • MRP, 6%
  • ERP, 3%
  • Logistics, 3%
Common purchaser skills
  • Purchase Orders, 38%
  • FDA, 7%
  • POS, 6%
  • Commodities, 5%
  • Logistics, 4%
  • Expedite, 3%

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