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Senior buyer vs purchaser

The differences between senior buyers and purchasers 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 purchaser. Additionally, a senior buyer has an average salary of $79,848, which is higher than the $50,031 average annual salary of a purchaser.

The top three skills for a senior buyer include supply chain, purchase orders and MRP. The most important skills for a purchaser are purchase orders, FDA, and POS.

Senior buyer vs purchaser overview

Senior BuyerPurchaser
Yearly salary$79,848$50,031
Hourly rate$38.39$24.05
Growth rate--
Number of jobs27,4126,852
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 54%
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 purchaser do?

A Purchaser is responsible for buying goods and services from distribution centers to sell to customers or other companies. They conduct data analysis and research current market trends to identify public demands and generate resources that would increase the company's revenues and profitability. They also ensure the adequacy of supply inventories for deliveries, respond to customers' inquiries and concerns, and recommend products according to their needs and budget requirements. A Purchaser must have excellent communication and organizational skills, especially in documenting purchase transactions and negotiating contracts with suppliers and vendors.

Senior buyer vs purchaser salary

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

Senior BuyerPurchaser
Average salary$79,848$50,031
Salary rangeBetween $56,000 And $112,000Between $36,000 And $68,000
Highest paying CityNew York, NYAtlantic City, NJ
Highest paying stateNew YorkNew Jersey
Best paying companyCapgeminiBarnes Group
Best paying industryHospitalityTechnology

Differences between senior buyer and purchaser education

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

Senior BuyerPurchaser
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 54%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior buyer vs purchaser demographics

Here are the differences between senior buyers' and purchasers' demographics:

Senior BuyerPurchaser
Average age4848
Gender ratioMale, 57.7% Female, 42.3%Male, 49.2% Female, 50.8%
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, 8.8% Unknown, 4.4% Hispanic or Latino, 12.2% Asian, 7.7% White, 66.1% American Indian and Alaska Native, 0.8%
LGBT Percentage7%7%

Differences between senior buyer and purchaser 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.
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Purchaser example responsibilities.

  • Purchase components for production; run daily production schedule; manage inventory of items; source alternative items for production
  • Work extensively with customers to identify business and project requirements through RFI's, RFP's, and RFQ's.
  • Handle RFQ (request for quotation) and the RFB (request for bid).
  • Insure day to day operations run smoothly.
  • Operate ERP system in factory and keep the data update.
  • Order parts & MRO items as needed for production workers.
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Senior buyer vs purchaser skills

Common senior buyer skills
  • Supply Chain, 17%
  • Purchase Orders, 11%
  • MRP, 4%
  • Supplier Performance, 4%
  • Commodities, 4%
  • Continuous Improvement, 4%
Common purchaser skills
  • Purchase Orders, 38%
  • FDA, 7%
  • POS, 6%
  • Commodities, 5%
  • Logistics, 4%
  • Expedite, 3%

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