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Procurement agent vs procurement buyer

The differences between procurement agents and procurement 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 procurement agent and a procurement buyer. Additionally, a procurement agent has an average salary of $72,384, which is higher than the $61,874 average annual salary of a procurement buyer.

The top three skills for a procurement agent include supply chain, strategic sourcing and supplier performance. The most important skills for a procurement buyer are purchase orders, supplier performance, and logistics.

Procurement agent vs procurement buyer overview

Procurement AgentProcurement Buyer
Yearly salary$72,384$61,874
Hourly rate$34.80$29.75
Growth rate11%-
Number of jobs45,19816,674
Job satisfaction2-
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 64%
Average age4848
Years of experience66

What does a procurement agent do?

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.

What does a procurement buyer do?

Procurement Buyers oversee the requisition of goods and services for the company. They receive purchase requisitions from employees or departments and contact possible vendors that can supply the items. They compare the price quotations of these vendors and choose the most cost-efficient option. Upon choosing, procurement buyers notify the vendor and proceed with the request. Procurement buyers are responsible for the receipt of goods from the suppliers. They check the deliveries and ensure that all orders are complete and in good condition. They also handle the receipts and consolidate these for processing of payment.

Procurement agent vs procurement buyer salary

Procurement agents and procurement buyers have different pay scales, as shown below.

Procurement AgentProcurement Buyer
Average salary$72,384$61,874
Salary rangeBetween $49,000 And $106,000Between $43,000 And $87,000
Highest paying CityRichmond, CAStockton, CA
Highest paying stateNew JerseyWashington
Best paying companyMcKinsey & Company IncInvesco
Best paying industryTechnologyEnergy

Differences between procurement agent and procurement buyer education

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

Procurement AgentProcurement Buyer
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Procurement agent vs procurement buyer demographics

Here are the differences between procurement agents' and procurement buyers' demographics:

Procurement AgentProcurement Buyer
Average age4848
Gender ratioMale, 51.4% Female, 48.6%Male, 45.6% Female, 54.4%
Race ratioBlack 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, 9.0% Unknown, 4.4% Hispanic or Latino, 12.3% Asian, 7.8% White, 65.8% American Indian and Alaska Native, 0.8%
LGBT Percentage7%7%

Differences between procurement agent and procurement buyer duties and responsibilities

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.
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Procurement buyer example responsibilities.

  • Lead development of indirect spend category management including executing and managing RFP's.
  • Manage activities of purchasing, production planning and scheduling, inventory management, warehousing and logistics.
  • Develop a working relationship with numerous suppliers, performing excellent customer service throughout the RFI, RFP, RFQ process.
  • Monitor and adjust MRP parts policy report on a regular basis.
  • Review and prepare evaluation of RFP data regarding fleet services providers.
  • Minimize production shortages through buying to MRP needs and tactical review of demand.
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Procurement agent vs procurement buyer skills

Common procurement agent skills
  • Supply Chain, 15%
  • Strategic Sourcing, 6%
  • Supplier Performance, 6%
  • Customer Service, 5%
  • Inventory Control, 4%
  • Purchase Orders, 4%
Common procurement buyer skills
  • Purchase Orders, 18%
  • Supplier Performance, 10%
  • Logistics, 6%
  • POS, 5%
  • Procurement Process, 4%
  • Cost Reduction, 3%

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