Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between purchase analysts and senior purchasing agents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a purchase analyst, becoming a senior purchasing agent takes usually requires 4-6 years. Additionally, a senior purchasing agent has an average salary of $73,386, which is higher than the $64,581 average annual salary of a purchase analyst.
The top three skills for a purchase analyst include purchase orders, supplier performance and continuous improvement. The most important skills for a senior purchasing agent are purchase orders, project management, and supplier relationships.
| Purchase Analyst | Senior Purchasing Agent | |
| Yearly salary | $64,581 | $73,386 |
| Hourly rate | $31.05 | $35.28 |
| Growth rate | 11% | -6% |
| Number of jobs | 88,542 | 43,833 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 68% |
| Average age | 44 | 48 |
| Years of experience | 4 | 6 |
A purchase analyst is responsible for looking at the market outlook and determining what and when to buy when ordering supplies. They are responsible for making an investment in a product or technology, and contracting with vendors. You have varied duties and responsibilities that include researching product prices and comparisons, determining price history and cost-effectiveness, and providing leadership for logistics, resource management decisions, and sourcing. You will also be responsible for purchasing equipment from suppliers and working closely with leadership to develop sourcing strategies.
Senior Purchasing Agents are experienced employees in the company's purchasing department. They oversee the purchase requisitions of the employees. They validate requests, ensure that the requestors followed company guidelines, check the availability of the items with the chosen supplier, and forward the purchase order to the supplier. Upon fulfillment of the request, Senior Purchasing Agents check the deliveries, ensure that the items are complete and correct, forward the items to the requestor, and process the payment for the supplier. Senior Purchasing agents also prepare reports, spot trends in employee or department purchases, and create recommendations based on observations. They are also expected to form good working relationships with suppliers.
Purchase analysts and senior purchasing agents have different pay scales, as shown below.
| Purchase Analyst | Senior Purchasing Agent | |
| Average salary | $64,581 | $73,386 |
| Salary range | Between $42,000 And $98,000 | Between $52,000 And $103,000 |
| Highest paying City | Milford, MA | San Francisco, CA |
| Highest paying state | New Jersey | New York |
| Best paying company | MPS Horticulture | Levi Strauss & Co. |
| Best paying industry | Retail | Energy |
There are a few differences between a purchase analyst and a senior purchasing agent in terms of educational background:
| Purchase Analyst | Senior Purchasing Agent | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Pennsylvania |
Here are the differences between purchase analysts' and senior purchasing agents' demographics:
| Purchase Analyst | Senior Purchasing Agent | |
| Average age | 44 | 48 |
| Gender ratio | Male, 45.8% Female, 54.2% | Male, 57.7% Female, 42.3% |
| Race ratio | Black or African American, 8.4% Unknown, 4.5% Hispanic or Latino, 9.1% Asian, 10.6% White, 67.2% American Indian and Alaska Native, 0.2% | Black or African American, 8.9% Unknown, 4.4% Hispanic or Latino, 12.3% Asian, 7.7% White, 66.0% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 12% | 7% |