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Procurement agent vs purchaser

The differences between procurement agents 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 procurement agent and a purchaser. Additionally, a procurement agent has an average salary of $72,384, which is higher than the $50,031 average annual salary of a purchaser.

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

Procurement agent vs purchaser overview

Procurement AgentPurchaser
Yearly salary$72,384$50,031
Hourly rate$34.80$24.05
Growth rate11%-
Number of jobs45,1986,852
Job satisfaction2-
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 54%
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 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.

Procurement agent vs purchaser salary

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

Procurement AgentPurchaser
Average salary$72,384$50,031
Salary rangeBetween $49,000 And $106,000Between $36,000 And $68,000
Highest paying CityRichmond, CAAtlantic City, NJ
Highest paying stateNew JerseyNew Jersey
Best paying companyMcKinsey & Company IncBarnes Group
Best paying industryTechnologyTechnology

Differences between procurement agent and purchaser education

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

Procurement AgentPurchaser
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 54%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Procurement agent vs purchaser demographics

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

Procurement AgentPurchaser
Average age4848
Gender ratioMale, 51.4% Female, 48.6%Male, 49.2% Female, 50.8%
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, 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 procurement agent and purchaser 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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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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Procurement agent vs purchaser skills

Common procurement agent skills
  • Supply Chain, 15%
  • Strategic Sourcing, 6%
  • Supplier Performance, 6%
  • Customer Service, 5%
  • Inventory Control, 4%
  • Purchase Orders, 4%
Common purchaser skills
  • Purchase Orders, 38%
  • FDA, 7%
  • POS, 6%
  • Commodities, 5%
  • Logistics, 4%
  • Expedite, 3%

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