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A senior buyer oversees purchasing activities for a company or organization. They work with suppliers to negotiate contracts, analyze market trends, and make purchasing decisions that align with the company's budget. Senior buyers also manage a team of buyers, develop procurement strategies, and ensure that all purchases are made in compliance with company policies and regulations. Strong analytical skills, negotiation abilities, and knowledge of supply chain management are essential for success in this role.
Avg. Salary $79,848
Avg. Salary $59,228
American Indian and Alaska Native 0.78%
Asian 7.63%
Black or African American 8.80%
Hispanic or Latino 12.14%
Unknown 4.38%
White 66.27%
Genderfemale 42.31%
male 57.69%
Age - 49American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 49Stress level is high
7.1 - high
Complexity level is advanced
7 - challenging
Work life balance is poor
6.4 - fair
Pros
Exposure to international markets and suppliers
Opportunity to work with cross-functional teams
Access to professional development programs and training opportunities
Flexibility in work schedule and location
The satisfaction of contributing to company success
Cons
Need to constantly stay updated on market trends and supplier capabilities
High degree of accountability for financial performance
Constant need to manage relationships with suppliers and stakeholders
High turnover rate due to stress and burnout
Limited work-life balance during peak periods.
| Skills | Percentages |
|---|---|
| Supply Chain | 16.79% |
| Purchase Orders | 10.83% |
| MRP | 4.18% |
| Supplier Performance | 3.84% |
| Commodities | 3.74% |
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The average senior buyer salary in the United States is $79,848 per year or $38 per hour. Senior buyer salaries range between $56,000 and $112,000 per year.
What am I worth?
Have a direct impact of the company bottom targets.
Works not recognized by upper management!
To be involved in negotiations
I like all in this job, because I have the choise to be in relation with a lot of persons and know what they are doing against purchasing also what the use to buy and under what coondition
When you demand change