Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between strategic buyers and strategic analysts 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 strategic analyst. Additionally, a strategic analyst has an average salary of $79,476, which is higher than the $74,725 average annual salary of a strategic buyer.
The top three skills for a strategic buyer include supply chain, purchase orders and strategic sourcing. The most important skills for a strategic analyst are data analysis, powerpoint, and email marketing.
| Strategic Buyer | Strategic Analyst | |
| Yearly salary | $74,725 | $79,476 |
| Hourly rate | $35.93 | $38.21 |
| Growth rate | - | 19% |
| Number of jobs | 23,156 | 87,601 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 68% |
| Average age | 48 | 37 |
| Years of experience | 6 | 6 |
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.
Strategy analysts are professionals who lead the consulting sessions of organizations. The analysts do their duties with rate strategy proposals in line with corporate objectives. They manage a business, determine growth areas, and make model analysis for strategy recommendations. It is also their responsibility to utilize data to solve the primary problems of businesses. Also, they provide significant insights to help organizations. They need to develop skills in management, communication, strategic planning, and attention to detail.
Strategic buyers and strategic analysts have different pay scales, as shown below.
| Strategic Buyer | Strategic Analyst | |
| Average salary | $74,725 | $79,476 |
| Salary range | Between $51,000 And $109,000 | Between $56,000 And $112,000 |
| Highest paying City | Pleasanton, CA | Redmond, WA |
| Highest paying state | California | Washington |
| Best paying company | Entegris | Credit Karma |
| Best paying industry | Manufacturing | Retail |
There are a few differences between a strategic buyer and a strategic analyst in terms of educational background:
| Strategic Buyer | Strategic Analyst | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Georgia |
Here are the differences between strategic buyers' and strategic analysts' demographics:
| Strategic Buyer | Strategic Analyst | |
| Average age | 48 | 37 |
| Gender ratio | Male, 61.7% Female, 38.3% | Male, 56.3% Female, 43.7% |
| Race ratio | 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% | Black or African American, 4.7% Unknown, 4.9% Hispanic or Latino, 11.3% Asian, 14.3% White, 64.7% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 10% |