Purchasing buyers, also known as buying agents, must evaluate the goods their business is supposed to sell, how much of the product they are supposed to purchase, and which retailer is better suited to their needs. Perhaps the most valuable part of this profession is the opportunity to consider the needs of the consumers and then use the insight to make the business more successful. To achieve this, the purchasing buyer must research and recognize patterns in the marketplace.
Purchasing buyers are active in the whole stock chain process. Their everyday responsibilities involve tracking patterns in market demand to decide which goods should be marketed. They evaluate previous purchases to determine potential demands for fulfillment. They also research suppliers and sign arrangements for the production of product performance.
Applicants may begin their career as assistant purchasing buyers and work their way up to the role of purchasing buyer. Certification and experience can continue to make these advances possible. Many looking to advance their careers may consider qualifications from either the American Purchasing Society or the Institute for Supply Management.
There is more than meets the eye when it comes to being a purchasing buyer. For example, did you know that they make an average of $24.53 an hour? That's $51,022 a year!
When it comes to the most important skills required to be a purchasing buyer, we found that a lot of resumes listed 17.9% of purchasing buyers included purchase orders, while 9.2% of resumes included office supplies, and 8.4% of resumes included vendor invoices. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the purchasing buyer job title. But what industry to start with? Most purchasing buyers actually find jobs in the manufacturing and retail industries.
If you're interested in becoming a purchasing buyer, one of the first things to consider is how much education you need. We've determined that 46.2% of purchasing buyers have a bachelor's degree. In terms of higher education levels, we found that 6.4% of purchasing buyers have master's degrees. Even though most purchasing buyers have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a purchasing buyer. When we researched the most common majors for a purchasing buyer, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on purchasing buyer resumes include high school diploma degrees or master's degree degrees.
You may find that experience in other jobs will help you become a purchasing buyer. In fact, many purchasing buyer jobs require experience in a role such as buyer. Meanwhile, many purchasing buyers also have previous career experience in roles such as administrative assistant or customer service representative.