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Strategic buyer vs senior purchasing agent

The differences between strategic buyers and senior purchasing agents can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a strategic buyer and a senior purchasing agent. Additionally, a strategic buyer has an average salary of $74,725, which is higher than the $73,386 average annual salary of a senior purchasing agent.

The top three skills for a strategic buyer include supply chain, purchase orders and strategic sourcing. The most important skills for a senior purchasing agent are purchase orders, project management, and supplier relationships.

Strategic buyer vs senior purchasing agent overview

Strategic BuyerSenior Purchasing Agent
Yearly salary$74,725$73,386
Hourly rate$35.93$35.28
Growth rate--6%
Number of jobs23,15643,833
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 68%
Average age4848
Years of experience66

What does a strategic buyer do?

A strategic buyer defines detailed plans and objectives for each project as per the organization and business unit purchasing strategies. Besides undertaking benchmarking and updating activity and project progress, strategic buyers also control the supply chain actions and supply chain risks to keep the supply chain secure. Also, these professionals negotiate favorable, effective, and precise terms and conditions as per the rules. Moreover, strategic buyers control the projects' risks and create an effective action plan to achieve all project objectives.

What does a senior purchasing agent do?

Senior Purchasing Agents are experienced employees in the company's purchasing department. They oversee the purchase requisitions of the employees. They validate requests, ensure that the requestors followed company guidelines, check the availability of the items with the chosen supplier, and forward the purchase order to the supplier. Upon fulfillment of the request, Senior Purchasing Agents check the deliveries, ensure that the items are complete and correct, forward the items to the requestor, and process the payment for the supplier. Senior Purchasing agents also prepare reports, spot trends in employee or department purchases, and create recommendations based on observations. They are also expected to form good working relationships with suppliers.

Strategic buyer vs senior purchasing agent salary

Strategic buyers and senior purchasing agents have different pay scales, as shown below.

Strategic BuyerSenior Purchasing Agent
Average salary$74,725$73,386
Salary rangeBetween $51,000 And $109,000Between $52,000 And $103,000
Highest paying CityPleasanton, CASan Francisco, CA
Highest paying stateCaliforniaNew York
Best paying companyEntegrisLevi Strauss & Co.
Best paying industryManufacturingEnergy

Differences between strategic buyer and senior purchasing agent education

There are a few differences between a strategic buyer and a senior purchasing agent in terms of educational background:

Strategic BuyerSenior Purchasing Agent
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 68%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Strategic buyer vs senior purchasing agent demographics

Here are the differences between strategic buyers' and senior purchasing agents' demographics:

Strategic BuyerSenior Purchasing Agent
Average age4848
Gender ratioMale, 61.7% Female, 38.3%Male, 57.7% Female, 42.3%
Race ratioBlack or African American, 8.9% Unknown, 4.4% Hispanic or Latino, 12.3% Asian, 7.7% White, 66.0% American Indian and Alaska Native, 0.8%Black or African American, 8.9% Unknown, 4.4% Hispanic or Latino, 12.3% Asian, 7.7% White, 66.0% American Indian and Alaska Native, 0.8%
LGBT Percentage7%7%

Differences between strategic buyer and senior purchasing agent duties and responsibilities

Strategic buyer example responsibilities.

  • Manage the implementation of essential MRO procurement initiatives to increase quality of technology while minimizing cost and timing.
  • Communicate with stakeholders to gather current requirements and specifications to be used within an RFI, RFQ, or RFP.
  • Analyze MRP forecasts and usage, applying thorough knowledge of the company s products and business objectives for sound procurement decisions.
  • Monitor inventory in coordination with third-party logistics providers.
  • Spearhead numerous process enhancements through ERP system automation.
  • Expedite and administer complex international arrangements for logistics department.
  • Show more

Senior purchasing agent example responsibilities.

  • Manage patterns for older, obsolete OEM part outsource production to locally foundries.
  • Interact within an ERP system environment and manage various reporting tools to support operations and control the flow of information.
  • Manage subcontracts activity including RFQ analysis, major negotiations and construction of complex subcontracting orders and milestones.
  • Provide management for warehousing, transportation, documentation requirements, cost analysis, third-party logistics, and reverse logistics.
  • Help create new purchasing procurement program base on customer forecasting and JIT programs (KANBAN).
  • Update & maintain ERP system part master data including new item creation, discontinuations and site planning changes.
  • Show more

Strategic buyer vs senior purchasing agent skills

Common strategic buyer skills
  • Supply Chain, 17%
  • Purchase Orders, 6%
  • Strategic Sourcing, 5%
  • Supplier Performance, 5%
  • Cost Reduction, 5%
  • Continuous Improvement, 5%
Common senior purchasing agent skills
  • Purchase Orders, 8%
  • Project Management, 6%
  • Supplier Relationships, 6%
  • Strategic Sourcing, 5%
  • Customer Service, 5%
  • Continuous Improvement, 5%

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