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The differences between purchasing managers and purchasing buyers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a purchasing manager and a purchasing buyer. Additionally, a purchasing manager has an average salary of $98,118, which is higher than the $47,471 average annual salary of a purchasing buyer.
The top three skills for a purchasing manager include supply chain, strategic sourcing and project management. The most important skills for a purchasing buyer are purchase orders, logistics, and cost savings.
| Purchasing Manager | Purchasing Buyer | |
| Yearly salary | $98,118 | $47,471 |
| Hourly rate | $47.17 | $22.82 |
| Growth rate | -6% | - |
| Number of jobs | 30,430 | 21,158 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 55% |
| Average age | 47 | 48 |
| Years of experience | 6 | 6 |
A purchasing manager is responsible for organizing and managing products to order or sell. Purchasing managers review product specifications, negotiate pricing details with the vendors, evaluate and choose the best suppliers, and assist purchasing agents. Purchase managers are also responsible for resolving order processing issues and analyzing current market trends to determine which products to purchase. A purchasing manager must have excellent decision-making and strategical skills to examine effects, inspect defective items, and create an in-depth analysis of customers' needs to improve their performance and sales.
In a retail setting, a purchasing buyer is primarily responsible for devising strategies for procuring supplies, ensuring that it aligns with the company's needs and standards. They are also responsible for conducting thorough marketing research and analysis, coordinating with different departments to gather and process documentation, liaising and negotiating with vendors and suppliers, and keeping track of all purchasing orders to ensure accuracy and timeliness. Furthermore, as a purchasing buyer, it is essential to maintain records of all transactions and submit regular reports to supervisors.
Purchasing managers and purchasing buyers have different pay scales, as shown below.
| Purchasing Manager | Purchasing Buyer | |
| Average salary | $98,118 | $47,471 |
| Salary range | Between $70,000 And $136,000 | Between $35,000 And $62,000 |
| Highest paying City | Richmond, CA | Goleta, CA |
| Highest paying state | Maine | California |
| Best paying company | McKinsey & Company Inc | Aramco Services Company |
| Best paying industry | Technology | Automotive |
There are a few differences between a purchasing manager and a purchasing buyer in terms of educational background:
| Purchasing Manager | Purchasing Buyer | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 55% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between purchasing managers' and purchasing buyers' demographics:
| Purchasing Manager | Purchasing Buyer | |
| Average age | 47 | 48 |
| Gender ratio | Male, 67.0% Female, 33.0% | Male, 41.9% Female, 58.1% |
| Race ratio | Black or African American, 9.2% Unknown, 3.8% Hispanic or Latino, 12.5% Asian, 7.5% White, 66.7% American Indian and Alaska Native, 0.3% | Black or African American, 9.0% Unknown, 4.4% Hispanic or Latino, 12.4% Asian, 7.8% White, 65.7% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 11% | 7% |