Post job

Senior buyer vs planner/buyer

The differences between senior buyers and planner/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 senior buyer and a planner/buyer. Additionally, a senior buyer has an average salary of $79,848, which is higher than the $54,261 average annual salary of a planner/buyer.

The top three skills for a senior buyer include supply chain, purchase orders and MRP. The most important skills for a planner/buyer are supply chain, purchase orders, and customer service.

Senior buyer vs planner/buyer overview

Senior BuyerPlanner/Buyer
Yearly salary$79,848$54,261
Hourly rate$38.39$26.09
Growth rate--3%
Number of jobs27,41233,452
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 65%
Average age4848
Years of experience66

What does a senior buyer do?

The job of senior buyers, or also known as purchasing agents, is to meet the material needs of an organization. They are responsible for finding suppliers, arranging the distribution to several retail outlets, and supervising other purchasing agents. They also look for new product streams and establish procurement strategies. Senior buyers typically begin their careers as assistant buyers or junior purchasing agents. Most employers usually prefer those with college degrees in marketing, business, and economics.

What does a planner/buyer do?

The role of buyers/planners is to ensure that office materials and equipment are well-supplied within their organization. They decide and purchase the materials needed for use or resale by their organization. They are responsible for evaluating prospective suppliers based on their cost, product quality, and delivery times. They are also the ones who negotiate contracts specifying the payment terms, price, and delivery schedules. Most employers prefer their buyer to have earned a bachelor's degree with a major in operations management or business management.

Senior buyer vs planner/buyer salary

Senior buyers and planner/buyers have different pay scales, as shown below.

Senior BuyerPlanner/Buyer
Average salary$79,848$54,261
Salary rangeBetween $56,000 And $112,000Between $37,000 And $77,000
Highest paying CityNew York, NYBillerica, MA
Highest paying stateNew YorkMassachusetts
Best paying companyCapgeminiEdwards Lifesciences
Best paying industryHospitalityTechnology

Differences between senior buyer and planner/buyer education

There are a few differences between a senior buyer and a planner/buyer in terms of educational background:

Senior BuyerPlanner/Buyer
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior buyer vs planner/buyer demographics

Here are the differences between senior buyers' and planner/buyers' demographics:

Senior BuyerPlanner/Buyer
Average age4848
Gender ratioMale, 57.7% Female, 42.3%Male, 47.9% Female, 52.1%
Race ratioBlack or African American, 8.8% Unknown, 4.4% Hispanic or Latino, 12.1% Asian, 7.6% White, 66.3% American Indian and Alaska Native, 0.8%Black or African American, 9.1% Unknown, 4.4% Hispanic or Latino, 12.5% Asian, 7.9% White, 65.4% American Indian and Alaska Native, 0.8%
LGBT Percentage7%7%

Differences between senior buyer and planner/buyer duties and responsibilities

Senior buyer example responsibilities.

  • Manage assigned commodities by communicating MRP changes and forecasts to minimize excess inventory to achieve optimum inventory levels.
  • Manage and analyze supplier OTD and keep in constant communication with suppliers to help improve delivery.
  • Manage ECO process with overseas manufacturing partner.
  • Lead Made2Manage ERP system development and implementation to improve effectiveness and efficiency of inventory.
  • Manage invoice reconciliations, RFQ management, system database review and regular inventory reporting.
  • Manage commodities at establish re-order point levels meeting forecast for production scale-up and revenue goals.
  • Show more

Planner/buyer example responsibilities.

  • Manage assign commodities by communicating MRP changes to the suppliers, minimizing obsolete inventory while achieving the optimum inventory levels.
  • Manage monthly and year end physical inventory audits of all raw materials, WIP, and finish goods.
  • Manage inventory pipelines from NPI to manufacturing and/or offshore contract manufacturers.
  • Utilize company ERP system for inventory management and schedule optimization.
  • Plan and coordinate all material requirements of assign commodities and supplier availability utilizing the MRP system.
  • Synchronize with packers and freight forwarders to arrange and prepare documentation shipment export.
  • Show more

Senior buyer vs planner/buyer skills

Common senior buyer skills
  • Supply Chain, 17%
  • Purchase Orders, 11%
  • MRP, 4%
  • Supplier Performance, 4%
  • Commodities, 4%
  • Continuous Improvement, 4%
Common planner/buyer skills
  • Supply Chain, 14%
  • Purchase Orders, 14%
  • Customer Service, 7%
  • MRP, 6%
  • ERP, 3%
  • Logistics, 3%

Browse business and financial jobs