Purchase price analyst vs purchase analyst

The differences between purchase price analysts and purchase 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 purchase analyst. Additionally, a purchase analyst has an average salary of $64,581, 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 purchase analyst are purchase orders, supplier performance, and continuous improvement.

Purchase price analyst vs purchase analyst overview

	Purchase Price Analyst	Purchase Analyst
Yearly salary	$60,677	$64,581
Hourly rate	$29.17	$31.05
Growth rate	11%	11%
Number of jobs	46,011	88,542
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 70%
Average age	44	44
Years of experience	4	4

Purchase price analyst vs purchase analyst salary

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

	Purchase Price Analyst	Purchase Analyst
Average salary	$60,677	$64,581
Salary range	Between $43,000 And $84,000	Between $42,000 And $98,000
Highest paying City	Seattle, WA	Milford, MA
Highest paying state	Colorado	New Jersey
Best paying company	Amazon	MPS Horticulture
Best paying industry	-	Retail

Differences between purchase price analyst and purchase analyst education

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

	Purchase Price Analyst	Purchase Analyst
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 70%
Most common major	Business	Business
Most common college	Northwestern University	Northwestern University

Purchase price analyst vs purchase analyst demographics

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

	Purchase Price Analyst	Purchase Analyst
Average age	44	44
Gender ratio	Male, 47.2% Female, 52.8%	Male, 45.8% Female, 54.2%
Race ratio	Black 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, 8.4% Unknown, 4.5% Hispanic or Latino, 9.1% Asian, 10.6% White, 67.2% American Indian and Alaska Native, 0.2%
LGBT Percentage	12%	12%

Differences between purchase price analyst and purchase 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.

Purchase analyst example responsibilities.

Transport purchases and contract and manage carriers (freight forwarders in order to arrange and manage the transportation of purchases.
Write RFI and RFP documents and manage the process for each.
Compile and manage the RFP excel database containing incumbent supplier pricing and alternative supplier pricing.
Manage purchasing data within proprietary applications and ERP systems with accuracy.
Manage and determine obsolete and/or slow moving inventory for all above mention commodities.
Manage factory activities for key commodities encompassing resource management in materials and production.

Purchase price analyst vs purchase analyst skills

Common purchase price analyst skills

Customer Service, 100%

Common purchase analyst skills

Purchase Orders, 13%
Supplier Performance, 11%
Continuous Improvement, 5%
ERP, 5%
Cost Analysis, 5%
Logistics, 4%

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Purchase Price Analyst
Purchase Price Analyst vs Purchase Analyst

Updated January 8, 2025

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