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The differences between procurement agents and procurement analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a procurement agent, becoming a procurement analyst takes usually requires 2-4 years. Additionally, a procurement agent has an average salary of $72,384, which is higher than the $64,448 average annual salary of a procurement analyst.
The top three skills for a procurement agent include supply chain, strategic sourcing and supplier performance. The most important skills for a procurement analyst are purchase orders, supplier performance, and customer service.
| Procurement Agent | Procurement Analyst | |
| Yearly salary | $72,384 | $64,448 |
| Hourly rate | $34.80 | $30.98 |
| Growth rate | 11% | 11% |
| Number of jobs | 45,198 | 75,154 |
| Job satisfaction | 2 | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 69% |
| Average age | 48 | 44 |
| Years of experience | 6 | 4 |
A procurement agent develops profitable measures to save the client money and ensure the quality of goods supplied. Procurement agents obtain the purchased items through suppliers, monitor them, and expedite the orders. They oversee the activities and performance of the suppliers for compliance. Their duties include the verification of item receipts, resolving shipment-related problems, and authorizing purchase payments through documentation. The necessary skills for this job include being accomplished, decisive, and strong communication skills.
Procurement analysts procure favorable contracts by acting as liaisons between suppliers and their employers. They are hired by organizations that rely on supply chain management to analyze and evaluate potential suppliers, prepare reports about monthly supply costs, and negotiate contracts. With good critical thinking skills, these procurement analysts who are also known as purchasing analysts, evaluate vendors and suppliers based on the speed of delivery, quality, and price. They use quantitative methods to support fact-based decision-making to become competitive and to ensure cost-efficiency and high quality of the products and services.
Procurement agents and procurement analysts have different pay scales, as shown below.
| Procurement Agent | Procurement Analyst | |
| Average salary | $72,384 | $64,448 |
| Salary range | Between $49,000 And $106,000 | Between $45,000 And $91,000 |
| Highest paying City | Richmond, CA | Washington, DC |
| Highest paying state | New Jersey | Maryland |
| Best paying company | McKinsey & Company Inc | PayPal |
| Best paying industry | Technology | Retail |
There are a few differences between a procurement agent and a procurement analyst in terms of educational background:
| Procurement Agent | Procurement Analyst | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between procurement agents' and procurement analysts' demographics:
| Procurement Agent | Procurement Analyst | |
| Average age | 48 | 44 |
| Gender ratio | Male, 51.4% Female, 48.6% | Male, 47.7% Female, 52.3% |
| Race ratio | 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% | Black or African American, 8.2% Unknown, 4.5% Hispanic or Latino, 9.0% Asian, 11.8% White, 66.4% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 12% |