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Senior merchandise buyer vs merchandise buyer

The differences between senior merchandise buyers and merchandise buyers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a senior merchandise buyer, becoming a merchandise buyer takes usually requires More than 10 years. Additionally, a senior merchandise buyer has an average salary of $55,140, which is higher than the $49,264 average annual salary of a merchandise buyer.

The top three skills for a senior merchandise buyer include market trends, trade shows and product development. The most important skills for a merchandise buyer are vendor relations, purchase orders, and customer service.

Senior merchandise buyer vs merchandise buyer overview

Senior Merchandise BuyerMerchandise Buyer
Yearly salary$55,140$49,264
Hourly rate$26.51$23.68
Growth rate-19%
Number of jobs15,69322,291
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 70%
Average age4447
Years of experience4-

Senior merchandise buyer vs merchandise buyer salary

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

Senior Merchandise BuyerMerchandise Buyer
Average salary$55,140$49,264
Salary rangeBetween $39,000 And $76,000Between $37,000 And $64,000
Highest paying City-Fairview, NJ
Highest paying state-New Jersey
Best paying company-Bob's Discount Furniture
Best paying industry-Manufacturing

Differences between senior merchandise buyer and merchandise buyer education

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

Senior Merchandise BuyerMerchandise Buyer
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 70%
Most common majorBusinessBusiness
Most common collegeUniversity of AkronUniversity of Minnesota - Twin Cities

Senior merchandise buyer vs merchandise buyer demographics

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

Senior Merchandise BuyerMerchandise Buyer
Average age4447
Gender ratioMale, 38.4% Female, 61.6%Male, 37.2% Female, 62.8%
Race ratioBlack or African American, 8.9% Unknown, 4.6% Hispanic or Latino, 16.0% Asian, 6.2% White, 64.0% American Indian and Alaska Native, 0.3%Black or African American, 3.9% Unknown, 3.1% Hispanic or Latino, 8.7% Asian, 6.7% White, 76.8% American Indian and Alaska Native, 0.8%
LGBT Percentage9%15%

Differences between senior merchandise buyer and merchandise buyer duties and responsibilities

Senior merchandise buyer example responsibilities.

  • Coordinate and provide direction to inventory teams by managing product placement, open-to-buy, and logistics.
  • Work closely with the logistics department and internal warehouse to coordinate just in time deliveries and maintain daily inventory reconciliation.
  • Manage business relationship with Japanese OEM of wide-format printer engines.

Merchandise buyer example responsibilities.

  • Prepare the merchandise assortment plan for the company, manage the OTB and purchase the merchandise.
  • Manage open-to-buy to ensure continual flow of merchandise to stores and warehouses with careful attention to advertise events and promotions.
  • Perform allocations pulls in JDA program on inbound shipments and back-stock merchandise from distribution centers.
  • Assist in implementing the POS system and develop pricing policies.
  • Enter data into the appropriate POS systems and create new identifications for new product purchases.
  • Create open to buy, allocation buying, pricing, and direct the visual presentation of all apparel.
  • Show more

Senior merchandise buyer vs merchandise buyer skills

Common senior merchandise buyer skills
  • Market Trends, 24%
  • Trade Shows, 23%
  • Product Development, 12%
  • Drive Sales, 8%
  • Direct Reports, 7%
  • Gross Profit, 7%
Common merchandise buyer skills
  • Vendor Relations, 14%
  • Purchase Orders, 11%
  • Customer Service, 10%
  • Apparel, 6%
  • Trade Shows, 5%
  • Product Categories, 4%

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