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Senior merchandise buyer vs senior buyer

The differences between senior merchandise buyers and senior 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 senior buyer takes usually requires 4-6 years. Additionally, a senior buyer has an average salary of $79,848, which is higher than the $55,140 average annual salary of a senior 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 senior buyer are supply chain, purchase orders, and MRP.

Senior merchandise buyer vs senior buyer overview

Senior Merchandise BuyerSenior Buyer
Yearly salary$55,140$79,848
Hourly rate$26.51$38.39
Growth rate--
Number of jobs15,69327,412
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 70%
Average age4448
Years of experience46

Senior merchandise buyer vs senior buyer salary

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

Senior Merchandise BuyerSenior Buyer
Average salary$55,140$79,848
Salary rangeBetween $39,000 And $76,000Between $56,000 And $112,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Capgemini
Best paying industry-Hospitality

Differences between senior merchandise buyer and senior buyer education

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

Senior Merchandise BuyerSenior Buyer
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 70%
Most common majorBusinessBusiness
Most common collegeUniversity of AkronUniversity of Pennsylvania

Senior merchandise buyer vs senior buyer demographics

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

Senior Merchandise BuyerSenior Buyer
Average age4448
Gender ratioMale, 38.4% Female, 61.6%Male, 57.7% Female, 42.3%
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, 8.8% Unknown, 4.4% Hispanic or Latino, 12.1% Asian, 7.6% White, 66.3% American Indian and Alaska Native, 0.8%
LGBT Percentage9%7%

Differences between senior merchandise buyer and senior 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.

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

Senior merchandise buyer vs senior 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 senior buyer skills
  • Supply Chain, 17%
  • Purchase Orders, 11%
  • MRP, 4%
  • Supplier Performance, 4%
  • Commodities, 4%
  • Continuous Improvement, 4%

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