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What does a senior buyer do?

Updated January 8, 2025
5 min read
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.

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Senior buyer responsibilities

Here are examples of responsibilities from real senior buyer resumes:

  • 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.
  • Monitor non-consignment MRO min/max stockroom inventories via MRP (material requirements planning) system and initiate orders within establish guidelines.
  • Negotiate and manage purchase orders for mechanical, electrical and electronic commodities, as well as items fabricate per engineering specifications.
  • Interview, select and develop new and current suppliers according to each OEM s supplier guidelines.
  • Develop and implement purchasing and contract management instructions, policies, and procedures for ISO and the new POS system.
  • Implement KanBan inventory management programs with key suppliers for high-volume critical parts.
  • Audit supplier procedures and documentation with quality management using ISO requirements as a baseline.
  • Maintain vendor/supplier quality documents to support ISO standards and ensure up-to-date vendor files for analysis.
  • Coordinate RFP's process, soliciting formal product cost and availability to satisfy customer requirements.
  • Expedite timely responses for quotation acknowledgments and responsiveness to (RFQ) commercial and technical clarifications.

Senior buyer skills and personality traits

We calculated that 17% of Senior Buyers are proficient in Supply Chain, Purchase Orders, and MRP.

We break down the percentage of Senior Buyers that have these skills listed on their resume here:

  • Supply Chain, 17%

    Collaborated supply chain operations and financial analysis to convert inventory and sales data into operational data to enhance planning and execution.

  • Purchase Orders, 11%

    Issue and document purchase orders in accordance with government and commercial documentation requirements, including Government Property system regulations.

  • MRP, 4%

    Determine material requirements from engineering and production analyze material requirements planning (MRP) and maintain inventory at strategic planned levels.

  • Supplier Performance, 4%

    Resolved potential supplier problems with respect to quality and delivery while proactively designing the recovery strategy plans to drive supplier performance.

  • Commodities, 4%

    Negotiated and managed purchase orders for mechanical, electrical and electronic commodities, as well as items fabricated per engineering specifications.

  • Continuous Improvement, 4%

    Lead for project management over the purchasing and installation of capital equipment in support of expansion and continuous improvement strategy.

Common skills that a senior buyer uses to do their job include "supply chain," "purchase orders," and "mrp." You can find details on the most important senior buyer responsibilities below.

All senior buyer skills

The three companies that hire the most senior buyers are:

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Compare different senior buyers

Senior buyer vs. Purchasing assistant

A purchasing assistant is responsible for obtaining raw materials and goods for a business or company. They primarily function to assist purchasing managers or supervisors by keeping records, maintaining inventory, reviewing purchase orders, and monitoring shipments and deliveries. Furthermore, a purchasing assistant may perform administrative support tasks ranging from arranging appointments and managing schedules, answering calls and inquiries, reaching out to vendors and suppliers, producing reports, and coordinating with various departments to ensure the smooth flow of products within the company.

We looked at the average senior buyer salary and compared it with the wages of a purchasing assistant. Generally speaking, purchasing assistants are paid $41,517 lower than senior buyers per year.While the two careers have a salary gap, they share some of the same responsibilities. Employees in both senior buyer and purchasing assistant positions are skilled in purchase orders, mrp, and customer service.

These skill sets are where the common ground ends though. The responsibilities of a senior buyer are more likely to require skills like "supply chain," "supplier performance," "commodities," and "continuous improvement." On the other hand, a job as a purchasing assistant requires skills like "purchase requisitions," "data entry," "place orders," and "payroll." As you can see, what employees do in each career varies considerably.

Purchasing assistants earn the highest salaries when working in the technology industry, with an average yearly salary of $41,542. On the other hand, senior buyers are paid more in the hospitality industry with an average salary of $81,144.The education levels that purchasing assistants earn slightly differ from senior buyers. In particular, purchasing assistants are 4.6% less likely to graduate with a Master's Degree than a senior buyer. Additionally, they're 0.0% less likely to earn a Doctoral Degree.

Senior buyer vs. Materials planner

Usually working in a manufacturing setting, a materials planner's role is to manage the supply flow and inventory of materials. Their responsibilities revolve around liaising with vendors and other external agencies, processing purchase orders, monitoring the quality of supplies to ensure it is according to the standards, and coordinating with various teams to learn their needs. Furthermore, as a planner, it is essential to devise strategies to resolve any issues, all while adhering to the company's policies and standards.

On average, materials planners earn a $21,381 lower salary than senior buyers a year.While the salary may differ for these jobs, they share a few skills needed to perform their duties. Based on resume data, both senior buyers and materials planners have skills such as "supply chain," "purchase orders," and "mrp. "

In addition to the difference in salary, there are some other key differences worth noting. For example, senior buyer responsibilities are more likely to require skills like "cost reduction," "product development," "project management," and "vendor relationships." Meanwhile, a materials planner has duties that require skills in areas such as "material planning," "lean manufacturing," "part numbers," and "corrective action." These differences highlight just how different the day-to-day in each role looks.

On average, materials planners earn a lower salary than senior buyers. Some industries support higher salaries in each profession. Interestingly enough, materials planners earn the most pay in the automotive industry with an average salary of $69,067. Whereas senior buyers have higher pay in the hospitality industry, with an average salary of $81,144.In general, materials planners achieve similar levels of education than senior buyers. They're 1.4% less likely to obtain a Master's Degree while being 0.0% less likely to earn a Doctoral Degree.

Senior buyer vs. Purchasing agent

A purchasing agent's general task is keeping purchase records and making sure that there won't be any discrepancies with the handling of orders. The purchasing agent should be responsible for the order processing and payment collection. Purchasing agents should also be proficient in interpreting and evaluating data, researching on best marketing sources and alternatives, issuing required documentation for suppliers, as well as managing customer queries as needed. Being a purchasing agent requires critical-thinking skills in assessing concerns and providing solutions should there be any possible negotiation conflicts.

On average, purchasing agents earn lower salaries than senior buyers, with a $27,898 difference per year.By looking over several senior buyers and purchasing agents resumes, we found that both roles require similar skills in their day-to-day duties, such as "purchase orders," "mrp," and "supplier performance." But beyond that, the careers look very different.

There are many key differences between these two careers, including some of the skills required to perform responsibilities within each role. For example, a senior buyer is likely to be skilled in "supply chain," "commodities," "continuous improvement," and "product development," while a typical purchasing agent is skilled in "corrective action," "product quality," "vendor relations," and "place orders."

Purchasing agents earn the best pay in the technology industry, where they command an average salary of $55,517. Senior buyers earn the highest pay from the hospitality industry, with an average salary of $81,144.When it comes to education, purchasing agents tend to earn similar degree levels compared to senior buyers. In fact, they're 3.4% less likely to earn a Master's Degree, and 0.0% less likely to graduate with a Doctoral Degree.

Senior buyer vs. Material manager

A material manager is responsible for monitoring inventories and stock supplies, ensuring the adequacy of materials needed for manufacturing or other operations, depending on the organization's industry. Material managers meet with suppliers and third-party vendors, negotiating contracts that would fit the budget goals of the company without compromising quality. They manage the distribution of resources throughout the organizations' department and provide purchase reports for the management. A material manager must have excellent communication and leadership skills to address the needs of an organization for smooth operations.

Material managers typically earn higher pay than senior buyers. On average, material managers earn a $16,277 higher salary per year.While their salaries may vary, senior buyers and material managers both use similar skills to perform their duties. Resumes from both professions include skills like "supply chain," "purchase orders," and "mrp. "While some skills are required in each professionacirc;euro;trade;s responsibilities, there are some differences to note. "commodities," "product development," "project management," and "vendor relationships" are skills that commonly show up on senior buyer resumes. On the other hand, material managers use skills like materials management, shipping receiving, lean manufacturing, and production scheduling on their resumes.The technology industry tends to pay the highest salaries for material managers, with average annual pay of $97,765. Comparatively, the highest senior buyer annual salary comes from the hospitality industry.material managers reach similar levels of education compared to senior buyers, in general. The difference is that they're 1.6% more likely to earn a Master's Degree, and 0.0% less likely to graduate with a Doctoral Degree.

Types of senior buyer

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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