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Procurement buyer vs planner/buyer

The differences between procurement buyers and planner/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 buyer and a planner/buyer. Additionally, a procurement buyer has an average salary of $61,874, which is higher than the $54,261 average annual salary of a planner/buyer.

The top three skills for a procurement buyer include purchase orders, supplier performance and logistics. The most important skills for a planner/buyer are supply chain, purchase orders, and customer service.

Procurement buyer vs planner/buyer overview

Procurement BuyerPlanner/Buyer
Yearly salary$61,874$54,261
Hourly rate$29.75$26.09
Growth rate--3%
Number of jobs16,67433,452
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 65%
Average age4848
Years of experience66

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.

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.

Procurement buyer vs planner/buyer salary

Procurement buyers and planner/buyers have different pay scales, as shown below.

Procurement BuyerPlanner/Buyer
Average salary$61,874$54,261
Salary rangeBetween $43,000 And $87,000Between $37,000 And $77,000
Highest paying CityStockton, CABillerica, MA
Highest paying stateWashingtonMassachusetts
Best paying companyInvescoEdwards Lifesciences
Best paying industryEnergyTechnology

Differences between procurement buyer and planner/buyer education

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

Procurement BuyerPlanner/Buyer
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Procurement buyer vs planner/buyer demographics

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

Procurement BuyerPlanner/Buyer
Average age4848
Gender ratioMale, 45.6% Female, 54.4%Male, 47.9% Female, 52.1%
Race ratioBlack 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%Black 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%
LGBT Percentage7%7%

Differences between procurement buyer and planner/buyer duties and responsibilities

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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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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Procurement buyer vs planner/buyer skills

Common procurement buyer skills
  • Purchase Orders, 18%
  • Supplier Performance, 10%
  • Logistics, 6%
  • POS, 5%
  • Procurement Process, 4%
  • Cost Reduction, 3%
Common planner/buyer skills
  • Supply Chain, 14%
  • Purchase Orders, 14%
  • Customer Service, 7%
  • MRP, 6%
  • ERP, 3%
  • Logistics, 3%

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