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The differences between technical buyers and buyers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a technical buyer, becoming a buyer takes usually requires More than 10 years. Additionally, a technical buyer has an average salary of $60,382, which is higher than the $54,049 average annual salary of a buyer.
The top three skills for a technical buyer include purchase orders, supplier performance and strategic sourcing. The most important skills for a buyer are purchase orders, customer service, and logistics.
| Technical Buyer | Buyer | |
| Yearly salary | $60,382 | $54,049 |
| Hourly rate | $29.03 | $25.99 |
| Growth rate | - | - |
| Number of jobs | 79,686 | 23,589 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 64% |
| Average age | 48 | 47 |
| Years of experience | 6 | - |
Technical Buyers are tasked with managing several materials, products, or services to promote the business. They must be in touch with the stakeholder because he/she is tasked with the high screening and contracting with the suppliers.
A buyer's duties include product sourcing and comparing resources for the best product range that would suit the specific needs of the business. Buyers must have excellent communication and negotiation skills to evaluate items that most likely benefit the customer and improve the sales of daily operations with cost-efficient products. They also conduct extensive research for market and price trends while considering the highest quality standards. Buyers should also possess strong analytical skills to create purchase orders and statistical analysis.
Technical buyers and buyers have different pay scales, as shown below.
| Technical Buyer | Buyer | |
| Average salary | $60,382 | $54,049 |
| Salary range | Between $44,000 And $81,000 | Between $37,000 And $76,000 |
| Highest paying City | Germantown, MD | Englewood, NJ |
| Highest paying state | Maryland | New Jersey |
| Best paying company | CME Group | NVIDIA |
| Best paying industry | Manufacturing | Automotive |
There are a few differences between a technical buyer and a buyer in terms of educational background:
| Technical Buyer | Buyer | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | California State University - Bakersfield |
Here are the differences between technical buyers' and buyers' demographics:
| Technical Buyer | Buyer | |
| Average age | 48 | 47 |
| Gender ratio | Male, 62.5% Female, 37.5% | Male, 43.9% Female, 56.1% |
| Race ratio | Black or African American, 9.1% Unknown, 4.4% Hispanic or Latino, 12.5% Asian, 7.6% White, 65.7% American Indian and Alaska Native, 0.8% | Black or African American, 4.0% Unknown, 3.1% Hispanic or Latino, 10.0% Asian, 6.7% White, 75.4% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 7% | 15% |