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Become A Senior Materials Analyst

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Working As A Senior Materials Analyst

  • Getting Information
  • Communicating with Supervisors, Peers, or Subordinates
  • Interacting With Computers
  • Communicating with Persons Outside Organization
  • Establishing and Maintaining Interpersonal Relationships
  • Mostly Sitting

  • Make Decisions

  • Stressful

  • $77,000

    Average Salary

What Does A Senior Materials Analyst Do

Buyers and purchasing agents buy products and services for organizations to use or resell. They evaluate suppliers, negotiate contracts, and review the quality of products.

Duties

Buyers and purchasing agents typically do the following:

  • Evaluate suppliers on the basis of the price, quality, and speed of delivery of their products and services
  • Interview vendors and visit suppliers’ plants and distribution centers to examine and learn about products, services, and prices
  • Attend meetings, trade shows, and conferences to learn about new industry trends and make contacts with suppliers
  • Analyze price proposals, financial reports, and other information to determine reasonable prices
  • Negotiate contracts on behalf of their organization
  • Work out agreements with suppliers, such as when products will be delivered
  • Meet with staff and vendors to discuss defective or unacceptable goods or services and determine corrective action
  • Evaluate and monitor contracts to be sure that vendors and supplies comply with the terms and conditions of the contract and to determine the need for changes
  • Maintain and review records of items bought, costs, deliveries, product performance, and inventories

Buyers and purchasing agents buy farm products, durable and nondurable goods, and services for organizations and institutions. They try to get the best deal for their organization: the highest quality goods and services at the lowest cost. They do this by studying sales records and inventory levels of current stock, identifying foreign and domestic suppliers, and keeping up to date with changes affecting both the supply of, and demand for, products and materials.

Purchasing agents and buyers consider price, quality, availability, reliability, and technical support when choosing suppliers and merchandise. To be effective, purchasing agents and buyers must have a working technical knowledge of the goods or services they are purchasing.

Evaluating suppliers is one of the most critical functions of a buyer or purchasing agent. Many organizations run on a lean manufacturing schedule and use just-in-time inventories, so any delays in the supply chain can shut down production and cause the organization to lose customers.

Buyers and purchasing agents use many resources to find out all they can about potential suppliers. They attend meetings, trade shows, and conferences to learn about new industry trends and make contacts with suppliers.

They often interview prospective suppliers and visit their plants and distribution centers to assess their capabilities. For example, they may discuss the design of products with design engineers, quality concerns with production supervisors, or shipping issues with managers in the receiving department.

Buyers and purchasing agents must make certain that the supplier can deliver the desired goods or services on time, in the correct quantities, and without sacrificing quality. Once they have gathered information on suppliers, they sign contracts with suppliers who meet the organization’s needs and they place orders.

Buyers who purchase items to resell to customers may determine which products their organization will sell. They need to be able to predict what will appeal to their customers. If they are wrong, they could jeopardize the profits and reputation of their organization.

Buyers who work for large organizations often specialize in purchasing one or two categories of products or services. Buyers who work for smaller businesses or government agencies may be responsible for making a greater variety of purchases.

Wholesale and retail buyers purchase goods for resale to consumers. Examples of these goods are clothing and electronics. Purchasing specialists who buy finished goods for resale are commonly known as buyers or merchandise managers.

Purchasing agents and buyers of farm products buy agricultural products for further processing or resale. Examples of these products are grain, cotton, and tobacco.

Purchasing agents, except wholesale, retail, and farm products buy items for the operation of an organization. Examples of these items are chemicals and industrial equipment needed for a manufacturing establishment, and office supplies.

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How To Become A Senior Materials Analyst

Although a high school diploma may be sufficient for some positions, many employers require buyers and purchasing agents to have a bachelor’s degree. Most entry-level positions require some form of on-the-job training.

Education

Educational requirements usually vary with the size of the organization. Although a high school diploma may be enough at some organizations, many businesses require applicants to have a bachelor’s degree. For many positions, a degree in business, finance, or supply management is sufficient.

For those interested in a career as a buyer or purchasing agent of farm products, a degree in agriculture, agriculture production, or animal science is often beneficial.

Training

Buyers and purchasing agents typically get on-the-job training for more than 1 year. During this time, they learn how to perform their basic duties, including monitoring inventory levels and negotiating with suppliers.

Licenses, Certifications, and Registrations

There are several certifications available for buyers and purchasing agents. Although some employers require certification, many do not.

Most of these certifications involve oral or written exams and have education and work experience requirements.

The Institute for Supply Management offers the Certified Professional in Supply Management (CPSM) credential, which covers a wide scope of purchasing professional duties. To receive the CPSM credential, candidates must pass three exams and those with a bachelor’s degree must possess at least 3 years of relevant work experience while those without a bachelor’s degree must have at least 5 years of relevant work experience.

The American Purchasing Society offers the Certified Purchasing Professional (CPP) certification. The CPP certification is valid for 5 years. Candidates must earn a certain number of professional development “points” to renew their certification. Candidates initially become eligible and can renew their certification through a combination of purchasing-related experience, education, and professional contributions (such as published articles or delivered speeches).

APICS offers the Certified Supply Chain Professional (CSCP) credential. Applicants must have 3 years of relevant business experience or a bachelor’s degree in order to be eligible for the CSCP credential. The credential is valid for 5 years. Candidates must also earn a certain number of professional development points to renew their certification.

The Next Level Purchasing Association offers the Senior Professional in Supply Management (SPSM) Certification. Although there are no education or work experience requirements, applicants must complete six online courses and pass an SPSM exam. Certification is valid for 4 years. Candidates must complete 32 continuing education hours in procurement-related topics to recertify for an additional four-year period.

The Universal Public Procurement Certification Council (UPPCC) offers two certifications for workers in federal, state, and local government. The Certified Professional Public Buyer (CPPB) credential requires applicants to have earned at least an associate’s degree, possess at least 3 years of public procurement experience, and complete relevant training courses. The Certified Public Purchasing Officer (CPPO) requires applicants to have earned a bachelor’s degree, possess at least 5 years of public procurement experience, and complete additional training courses.

Those with the CPPB or the CPPO designation must renew their certification every 5 years by completing continuing education courses or attending procurement-related conferences or events.

The National Institute of Government Purchasing (NIGP), Institute for Public Procurement offers preparation courses for the UPPCC certification exams.

Advancement

An experienced purchasing agent or buyer may become an assistant purchasing manager before advancing to purchasing manager, supply manager, or director of materials management. Buyers and purchasing agents with extensive work experience can also advance to become the Chief Procurement Officer (CPO) for an organization.

Important Qualities

Analytical skills. When evaluating suppliers, buyers and purchasing agents must analyze their options and choose a supplier with the best combination of price, quality, delivery, or service. 

Decisionmaking skills. Buyers and purchasing agents must have the ability to make informed and timely decisions, choosing products that they think will sell.

Math skills. Buyers and purchasing agents must possess basic math skills. They must be able to compare prices from different suppliers to ensure that their organization is getting the best deal. 

Negotiating skills. Buyers and purchasing agents often must negotiate the terms of a contract with a supplier. Interpersonal skills and self-confidence, in addition to knowledge of the product, can help lead to successful negotiations.

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Average Length of Employment
Senior Buyer 5.4 years
Materials Director 4.2 years
Planner/Buyer 4.0 years
Materials Planner 3.7 years
Buyer Lead 3.6 years
Buying Analyst 3.4 years
Material Analyst 3.3 years
Purchase Analyst 2.7 years
Analyst 2.4 years
Top Careers Before Senior Materials Analyst
Buyer 9.0%
Top Careers After Senior Materials Analyst
Senior Buyer 10.7%
Buyer 5.6%

Do you work as a Senior Materials Analyst?

Senior Materials Analyst Demographics

Gender

Male

56.6%

Female

35.3%

Unknown

8.1%
Ethnicity

White

63.7%

Hispanic or Latino

13.6%

Black or African American

11.0%

Asian

7.5%

Unknown

4.2%
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Foreign Languages Spoken

Spanish

80.0%

Italian

20.0%

Senior Materials Analyst Education

Schools

University of Phoenix

10.6%

Arizona State University

6.1%

Albertus Magnus College

6.1%

University of North Carolina at Greensboro

6.1%

Roosevelt University

6.1%

Southern Nazarene University

6.1%

Mississippi Gulf Coast Community College

6.1%

Ashford University

4.5%

Cardinal Stritch University

4.5%

Sacred Heart University

4.5%

Indiana Institute of Technology

4.5%

Strayer University

4.5%

Harrisburg Area Community College - Harrisburg

4.5%

Michigan State University

4.5%

LeTourneau University

4.5%

Indiana Wesleyan University

4.5%

San Jose State University

3.0%

Cosumnes River College

3.0%

Brevard Community College

3.0%

University of Central Oklahoma

3.0%
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Majors

Business

52.4%

Management

6.0%

Supply Chain Management

6.0%

Accounting

4.8%

Finance

3.2%

Project Management

2.8%

General Studies

2.8%

English

2.4%

Computer Information Systems

2.4%

Marketing

2.4%

Human Resources Management

2.0%

Operations Management

2.0%

Mechanical Engineering Technology

1.6%

Communication

1.6%

Industrial Engineering

1.6%

Criminal Justice

1.6%

Mathematics

1.2%

Industrial Technology

1.2%

Drafting And Design

1.2%

Mechanical Engineering

1.2%
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Degrees

Bachelors

42.9%

Masters

27.6%

Other

16.2%

Associate

8.3%

Certificate

3.2%

Diploma

1.0%

Doctorate

0.6%

License

0.3%
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Job type you want
Full Time
Part Time
Internship
Temporary
Average Yearly Salary
$77,000
View Detailed Salary Report
$49,000
Min 10%
$77,000
Median 50%
$77,000
Median 50%
$77,000
Median 50%
$77,000
Median 50%
$77,000
Median 50%
$77,000
Median 50%
$77,000
Median 50%
$122,000
Max 90%
Best Paying Company
KBR
Highest Paying City
Minneapolis, MN
Highest Paying State
Alaska
Avg Experience Level
4.4 years
How much does a Senior Materials Analyst make at top companies?
The national average salary for a Senior Materials Analyst in the United States is $77,967 per year or $37 per hour. Those in the bottom 10 percent make under $49,000 a year, and the top 10 percent make over $123,000.

Real Senior Materials Analyst Salaries

Job Title Company Location Start Date Salary
SR. Analyst, Corporate Strategy Chemicals-Advanced Materials Rayonier Advanced Materials, Inc. Jacksonville, FL Aug 15, 2016 $106,600 -
$109,180
SR. Analyst, Corporate Strategy Chemicals-Advanced Materials Rayonier Advanced Materials Inc. Jacksonville, FL Feb 26, 2016 $101,629
Materials Analyst, SR. I Synopsys, Inc. Mountain View, CA Apr 08, 2013 $85,155 -
$105,155
Senior SAP Materials Management Analyst Kiewit Corporation Omaha, NE Aug 26, 2015 $84,781
Senior Materials Analyst Shire Human Genetic Therapies Inc. Lexington, MA Sep 02, 2014 $80,000
Global Raw Materials Analyst-Senior The Goodyear Tire & Rubber Company Akron, OH Mar 08, 2012 $75,553
Global Raw Materials Analyst-Senior The Goodyear Tire & Rubber Company Akron, OH Mar 14, 2012 $75,553
Senior Materials Analyst EMC Corporation Seattle, WA Jan 22, 2014 $73,237 -
$80,550
SR. Materials Analyst Carrier Corporation Indianapolis, IN Apr 16, 2015 $70,907 -
$75,000
SR. Materials Analyst Carrier Corporation Indianapolis, IN Sep 15, 2015 $70,907 -
$75,000
Material Analyst, SR. Gulfstream Aerospace Corporation Savannah, GA Sep 02, 2014 $70,145
Senior Material Planning Systems Analyst Moen Incorporated New Bern, NC Oct 17, 2015 $67,642 -
$76,696
SR. Materials Analyst Arris Technology, Inc. Horsham, PA Aug 25, 2015 $63,502 -
$93,500
Senior Materials Analyst Schneider Electric USA, Inc. Salisbury, NC May 16, 2016 $61,298 -
$69,000
Senior Materials System Analyst Cummins Inc. Memphis, TN Oct 02, 2010 $60,800 -
$87,000

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Top Skills for A Senior Materials Analyst

  1. Supply Chain
  2. Raw Materials
  3. Delivery Performance
You can check out examples of real life uses of top skills on resumes here:
  • Identified and implemented system and process enhancements within the supply chain to contribute to overall business process improvement.
  • Managed and tracked all raw materials and finished goods inventory accuracy.
  • Assigned ownership of Key Accounts to improve delivery performance and customer relations where demonstrated achievement was below industry standard.
  • Coordinated all procurement activity for phase-one work transfer of major sub-assembly work of approximately 500 part numbers.
  • Facilitated open communications between both Customer Service and Manufacturing.

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Top 10 Best States for Senior Materials Analysts

  1. District of Columbia
  2. Virginia
  3. Maryland
  4. New Jersey
  5. Rhode Island
  6. Alabama
  7. Massachusetts
  8. Connecticut
  9. New York
  10. Delaware
  • (137 jobs)
  • (413 jobs)
  • (197 jobs)
  • (144 jobs)
  • (17 jobs)
  • (69 jobs)
  • (157 jobs)
  • (72 jobs)
  • (326 jobs)
  • (23 jobs)

Top Senior Materials Analyst Employers

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