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Procurement buyer hiring summary. Here are some key points about hiring procurement buyers in the United States:
Here's a step-by-step procurement buyer hiring guide:
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.
First, determine the employments status of the procurement buyer you need to hire. Certain procurement buyer roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
A procurement buyer's background is also an important factor in determining whether they'll be a good fit for the position. For example, procurement buyers from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
This list presents procurement buyer salaries for various positions.
| Type of Procurement Buyer | Description | Hourly rate |
|---|---|---|
| Procurement Buyer | Buyers and purchasing agents buy products and services for organizations to use or resell. They evaluate suppliers, negotiate contracts, and review the quality of products. | $20-41 |
| Supply Chain Analyst | A supply chain analyst is responsible for handling the supply chain operations of an organization, aligning processes, and identifying areas of improvement to initiate procedures and create smooth supply delivery transactions. Supply chain analysts monitor the adequacy of stock inventory, including the trends in the market industry, to meet the public demands and ensuring that the business provides those interests... Show more | $24-43 |
| Landman | Landmen are referred to as the public-facing side of a gas, mineral, and oil exploration and production team. They are professionals who interact and negotiate directly with landowners for the acquisition of gas and oil drilling leases... Show more | $25-61 |
Including a salary range in your procurement buyer job description helps attract top candidates to the position. A procurement buyer salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.
For example, the average salary for a procurement buyer in Iowa may be lower than in Washington, and an entry-level procurement buyer usually earns less than a senior-level procurement buyer. Additionally, a procurement buyer with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $69,099 | $33 |
| 2 | New York | $67,436 | $32 |
| 3 | Illinois | $67,040 | $32 |
| 4 | New Jersey | $65,327 | $31 |
| 5 | Michigan | $62,850 | $30 |
| 6 | Missouri | $61,084 | $29 |
| 7 | Massachusetts | $59,097 | $28 |
| 8 | Pennsylvania | $58,951 | $28 |
| 9 | Florida | $56,952 | $27 |
| 10 | Texas | $55,839 | $27 |
| 11 | North Carolina | $55,179 | $27 |
| 12 | Kansas | $54,400 | $26 |
| 13 | Colorado | $53,601 | $26 |
| 14 | Ohio | $51,395 | $25 |
| 15 | Arizona | $50,071 | $24 |
| 16 | Tennessee | $49,457 | $24 |
| 17 | Indiana | $49,211 | $24 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Invesco | $103,943 | $49.97 | |
| 2 | AlixPartners | $92,369 | $44.41 | |
| 3 | Western Digital | $85,908 | $41.30 | 14 |
| 4 | Shiseido | $76,018 | $36.55 | |
| 5 | Corning Incorporated | $71,378 | $34.32 | 10 |
| 6 | Whirlpool | $69,896 | $33.60 | 2 |
| 7 | John B. Sanfilippo & Son | $68,548 | $32.96 | |
| 8 | Turbocam International | $68,105 | $32.74 | |
| 9 | Agilent Technologies | $67,649 | $32.52 | |
| 10 | Schneider Electric Industrial Services | $67,468 | $32.44 | 3 |
| 11 | BioCryst Pharmaceuticals | $67,110 | $32.26 | |
| 12 | Pactiv | $67,097 | $32.26 | 1 |
| 13 | Praxair | $66,762 | $32.10 | |
| 14 | Hearthside Food Solutions | $66,611 | $32.02 | |
| 15 | Sapiens | $66,546 | $31.99 | |
| 16 | A.C.Coy | $66,323 | $31.89 | 1 |
| 17 | Bechtel Plant Machinery | $65,921 | $31.69 | |
| 18 | Schnitzer Steel | $65,828 | $31.65 | |
| 19 | Modine Manufacturing | $65,366 | $31.43 | 2 |
| 20 | Sysco | $65,274 | $31.38 | 9 |
A job description for a procurement buyer role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's a procurement buyer job description:
To find procurement buyers for your business, try out a few different recruiting strategies:
To successfully recruit procurement buyers, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.
You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you have selected a candidate for the procurement buyer position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.
It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.
To prepare for the new procurement buyer first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.
Before you start to hire procurement buyers, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire procurement buyers pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
The median annual salary for procurement buyers is $61,874 in the US. However, the cost of procurement buyer hiring can vary a lot depending on location. Additionally, hiring a procurement buyer for contract work or on a per-project basis typically costs between $20 and $41 an hour.