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The differences between procurement buyers 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 buyer, becoming a procurement analyst takes usually requires 2-4 years. Additionally, a procurement analyst has an average salary of $64,448, which is higher than the $61,874 average annual salary of a procurement buyer.
The top three skills for a procurement buyer include purchase orders, supplier performance and logistics. The most important skills for a procurement analyst are purchase orders, supplier performance, and customer service.
| Procurement Buyer | Procurement Analyst | |
| Yearly salary | $61,874 | $64,448 |
| Hourly rate | $29.75 | $30.98 |
| Growth rate | - | 11% |
| Number of jobs | 16,674 | 75,154 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 69% |
| Average age | 48 | 44 |
| Years of experience | 6 | 4 |
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 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 buyers and procurement analysts have different pay scales, as shown below.
| Procurement Buyer | Procurement Analyst | |
| Average salary | $61,874 | $64,448 |
| Salary range | Between $43,000 And $87,000 | Between $45,000 And $91,000 |
| Highest paying City | Stockton, CA | Washington, DC |
| Highest paying state | Washington | Maryland |
| Best paying company | Invesco | PayPal |
| Best paying industry | Energy | Retail |
There are a few differences between a procurement buyer and a procurement analyst in terms of educational background:
| Procurement Buyer | Procurement Analyst | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between procurement buyers' and procurement analysts' demographics:
| Procurement Buyer | Procurement Analyst | |
| Average age | 48 | 44 |
| Gender ratio | Male, 45.6% Female, 54.4% | Male, 47.7% Female, 52.3% |
| Race ratio | 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% | 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% |