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Purchase price analyst vs procurement analyst

The differences between purchase price analysts and procurement analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a purchase price analyst and a procurement analyst. Additionally, a procurement analyst has an average salary of $64,448, which is higher than the $60,677 average annual salary of a purchase price analyst.

The top three skills for a purchase price analyst include customer service, and . The most important skills for a procurement analyst are purchase orders, supplier performance, and customer service.

Purchase price analyst vs procurement analyst overview

Purchase Price AnalystProcurement Analyst
Yearly salary$60,677$64,448
Hourly rate$29.17$30.98
Growth rate11%11%
Number of jobs46,01175,154
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 69%
Average age4444
Years of experience44

Purchase price analyst vs procurement analyst salary

Purchase price analysts and procurement analysts have different pay scales, as shown below.

Purchase Price AnalystProcurement Analyst
Average salary$60,677$64,448
Salary rangeBetween $43,000 And $84,000Between $45,000 And $91,000
Highest paying CitySeattle, WAWashington, DC
Highest paying stateColoradoMaryland
Best paying companyAmazonPayPal
Best paying industry-Retail

Differences between purchase price analyst and procurement analyst education

There are a few differences between a purchase price analyst and a procurement analyst in terms of educational background:

Purchase Price AnalystProcurement Analyst
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeNorthwestern UniversityNorthwestern University

Purchase price analyst vs procurement analyst demographics

Here are the differences between purchase price analysts' and procurement analysts' demographics:

Purchase Price AnalystProcurement Analyst
Average age4444
Gender ratioMale, 47.2% Female, 52.8%Male, 47.7% Female, 52.3%
Race ratioBlack or African American, 5.7% Unknown, 4.3% Hispanic or Latino, 7.2% Asian, 10.5% White, 72.1% American Indian and Alaska Native, 0.2%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 Percentage12%12%

Differences between purchase price analyst and procurement analyst duties and responsibilities

Purchase price analyst example responsibilities.

  • Manage factory activities for key commodities encompassing resource management in materials and production.
  • Utilize DSTWare ERP system to analyze orders for inventory replenishment by means of interpreting trends, deviations, and statistical tests.
  • Code analysis as per the best practices on PL/SQL.
  • Work with current software vendor and pricing manager to utilize ERP system for procurement and pricing protocols.
  • Provide constant communication to national and international vendors and OEM customers.
  • Work with pharmacy staff to develop discharge medication application for nursing and pharmacy staff to provide patients with clearer medication instructions.
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Procurement analyst example responsibilities.

  • Manage SQL reporting database server that are used by procurement analyst and pull into SharePoint.
  • Lead a software implementation process and training program for company's ERP (Advantage/Sapphire) system.
  • Manage, negotiate and source MRO products and services, for building, machinery and grounds maintenance.
  • Perform reviews of select teams and programs to determine whether VBA and federal policies and guidelines are effectively implement and manage.
  • Prepare budget estimates base on the P6 schedule in accordance with NASA PPBE guidance.
  • Function with senior management on RFP and RFQ as well as periodically report detailed analysis of vendor responses.
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Purchase price analyst vs procurement analyst skills

Common purchase price analyst skills
  • Customer Service, 100%
Common procurement analyst skills
  • Purchase Orders, 9%
  • Supplier Performance, 7%
  • Customer Service, 6%
  • Logistics, 4%
  • Strategic Sourcing, 4%
  • Data Analysis, 4%

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