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Supply planner vs senior buyer

The differences between supply planners and senior buyers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a supply planner and a senior buyer. Additionally, a senior buyer has an average salary of $79,848, which is higher than the $70,602 average annual salary of a supply planner.

The top three skills for a supply planner include supply chain, logistics and demand planning. The most important skills for a senior buyer are supply chain, purchase orders, and MRP.

Supply planner vs senior buyer overview

Supply PlannerSenior Buyer
Yearly salary$70,602$79,848
Hourly rate$33.94$38.39
Growth rate28%-
Number of jobs39,79827,412
Job satisfaction4-
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 70%
Average age4148
Years of experience66

What does a supply planner do?

A supply planner is primarily in charge of maintaining a company's inventory of supplies, ensuring all are sufficient and efficient. Their responsibilities revolve around monitoring and counting the inventory, maintaining accurate records, reviewing receipts and other documentation, anticipating product demands, and liaising with vendors and suppliers. Should there be any supply emergencies or issues, one must visit manufacturers or suppliers. There may also be instances where one has to lift products and propose changes in the inventory processes.

What does a senior buyer do?

The job of senior buyers, or also known as purchasing agents, is to meet the material needs of an organization. They are responsible for finding suppliers, arranging the distribution to several retail outlets, and supervising other purchasing agents. They also look for new product streams and establish procurement strategies. Senior buyers typically begin their careers as assistant buyers or junior purchasing agents. Most employers usually prefer those with college degrees in marketing, business, and economics.

Supply planner vs senior buyer salary

Supply planners and senior buyers have different pay scales, as shown below.

Supply PlannerSenior Buyer
Average salary$70,602$79,848
Salary rangeBetween $48,000 And $101,000Between $56,000 And $112,000
Highest paying CitySan Francisco, CANew York, NY
Highest paying stateCaliforniaNew York
Best paying companyMetaCapgemini
Best paying industryTechnologyHospitality

Differences between supply planner and senior buyer education

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

Supply PlannerSenior Buyer
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 70%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Supply planner vs senior buyer demographics

Here are the differences between supply planners' and senior buyers' demographics:

Supply PlannerSenior Buyer
Average age4148
Gender ratioMale, 52.2% Female, 47.8%Male, 57.7% Female, 42.3%
Race ratioBlack or African American, 10.6% Unknown, 5.8% Hispanic or Latino, 18.4% Asian, 11.9% White, 52.9% 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 supply planner and senior buyer duties and responsibilities

Supply planner example responsibilities.

  • Manage the sales demand in JDA on behalf of both PPD and GPO commercial.
  • Manage communication among freight forwarders, trucking companies, and warehouse representatives.
  • Check ERP system; review BOM and follow up with supplier to make sure material is available.
  • Interpret and execute the MRP supply recommendations for raw materials and packaging components used in assign parent products.
  • Analyze MRP output, current forecasts, and sales history to determine appropriate replenishment strategies and safety stock levels.
  • Perform in-season OTB and effectively negotiate business actions with a cross-functional team.
  • Show more

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.
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Supply planner vs senior buyer skills

Common supply planner skills
  • Supply Chain, 15%
  • Logistics, 8%
  • Demand Planning, 7%
  • Continuous Improvement, 6%
  • Supply Plan, 4%
  • Strong Analytical, 4%
Common senior buyer skills
  • Supply Chain, 17%
  • Purchase Orders, 11%
  • MRP, 4%
  • Supplier Performance, 4%
  • Commodities, 4%
  • Continuous Improvement, 4%

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