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Procurement cost coordinator vs purchasing agent

The differences between procurement cost coordinators and purchasing agents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a procurement cost coordinator, becoming a purchasing agent takes usually requires 4-6 years. Additionally, a procurement cost coordinator has an average salary of $63,618, which is higher than the $51,950 average annual salary of a purchasing agent.

The top three skills for a procurement cost coordinator include coordinators, purchase orders and cost analysis. The most important skills for a purchasing agent are purchase orders, customer service, and logistics.

Procurement cost coordinator vs purchasing agent overview

Procurement Cost CoordinatorPurchasing Agent
Yearly salary$63,618$51,950
Hourly rate$30.59$24.98
Growth rate-3%-
Number of jobs27,76745,856
Job satisfaction-5
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 56%
Average age4548
Years of experience26

Procurement cost coordinator vs purchasing agent salary

Procurement cost coordinators and purchasing agents have different pay scales, as shown below.

Procurement Cost CoordinatorPurchasing Agent
Average salary$63,618$51,950
Salary rangeBetween $40,000 And $100,000Between $37,000 And $72,000
Highest paying City-San Jose, CA
Highest paying state-Maryland
Best paying company-Abiomed
Best paying industry-Technology

Differences between procurement cost coordinator and purchasing agent education

There are a few differences between a procurement cost coordinator and a purchasing agent in terms of educational background:

Procurement Cost CoordinatorPurchasing Agent
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 56%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Procurement cost coordinator vs purchasing agent demographics

Here are the differences between procurement cost coordinators' and purchasing agents' demographics:

Procurement Cost CoordinatorPurchasing Agent
Average age4548
Gender ratioMale, 42.8% Female, 57.2%Male, 49.5% Female, 50.5%
Race ratioBlack or African American, 10.1% Unknown, 4.9% Hispanic or Latino, 16.6% Asian, 7.0% White, 60.9% American Indian and Alaska Native, 0.5%Black or African American, 9.3% Unknown, 4.4% Hispanic or Latino, 12.7% Asian, 7.0% White, 65.8% American Indian and Alaska Native, 0.8%
LGBT Percentage11%7%

Differences between procurement cost coordinator and purchasing agent duties and responsibilities

Procurement cost coordinator example responsibilities.

  • Communicate thoroughly with factories abroad to receive and negotiate CMT prices to attain target mark-ups prior to bulk production.
  • Utilize EDI communications to manage customer requirements and shipment coordination.
  • Process supplier price changes for distribution to billing coordinators.
  • Implement the correction of BOM's working closely with the engineering department in order to have an accurate material requirements planning.
  • Document and generate the bill- of- materials (BOM), listing all maintenance materials/ parts for a specific maintenance tasks.
  • Verify insurance, process payments and maintain patients records securely and handle in compliance with HIPPA privacy and security regulations.
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Purchasing agent example responsibilities.

  • Reorganize MRO to manage inventory more efficiently.
  • Utilize MaCola ERP system to process and manage purchase requisitions and purchase orders in coordination with manufacturing forecast.
  • Process purchase orders from electronically generate RFQ'S.
  • Develop programs with suppliers to ensure that commodities meet engineering and quality specifications while maintaining on-time delivery.
  • Prepare purchase orders, RFP's and RFB's, advertise solicitations, review responses and approve contract acceptance.
  • Send out RFQ's and award orders to the best fit and price vendor to ensure manufacturing meets critical due dates.
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Procurement cost coordinator vs purchasing agent skills

Common procurement cost coordinator skills
  • Coordinators, 15%
  • Purchase Orders, 13%
  • Cost Analysis, 11%
  • Administrative Functions, 9%
  • Cost Control, 9%
  • Cost Sheets, 9%
Common purchasing agent skills
  • Purchase Orders, 30%
  • Customer Service, 12%
  • Logistics, 5%
  • Inventory Control, 4%
  • MRP, 3%
  • Cost Savings, 3%

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