Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between technical buyers and purchasers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a technical buyer and a purchaser. Additionally, a technical buyer has an average salary of $60,382, which is higher than the $50,031 average annual salary of a purchaser.
The top three skills for a technical buyer include purchase orders, supplier performance and strategic sourcing. The most important skills for a purchaser are purchase orders, FDA, and POS.
| Technical Buyer | Purchaser | |
| Yearly salary | $60,382 | $50,031 |
| Hourly rate | $29.03 | $24.05 |
| Growth rate | - | - |
| Number of jobs | 79,686 | 6,852 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 54% |
| Average age | 48 | 48 |
| Years of experience | 6 | 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 Purchaser is responsible for buying goods and services from distribution centers to sell to customers or other companies. They conduct data analysis and research current market trends to identify public demands and generate resources that would increase the company's revenues and profitability. They also ensure the adequacy of supply inventories for deliveries, respond to customers' inquiries and concerns, and recommend products according to their needs and budget requirements. A Purchaser must have excellent communication and organizational skills, especially in documenting purchase transactions and negotiating contracts with suppliers and vendors.
Technical buyers and purchasers have different pay scales, as shown below.
| Technical Buyer | Purchaser | |
| Average salary | $60,382 | $50,031 |
| Salary range | Between $44,000 And $81,000 | Between $36,000 And $68,000 |
| Highest paying City | Germantown, MD | Atlantic City, NJ |
| Highest paying state | Maryland | New Jersey |
| Best paying company | CME Group | Barnes Group |
| Best paying industry | Manufacturing | Technology |
There are a few differences between a technical buyer and a purchaser in terms of educational background:
| Technical Buyer | Purchaser | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 54% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between technical buyers' and purchasers' demographics:
| Technical Buyer | Purchaser | |
| Average age | 48 | 48 |
| Gender ratio | Male, 62.5% Female, 37.5% | Male, 49.2% Female, 50.8% |
| 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, 8.8% Unknown, 4.4% Hispanic or Latino, 12.2% Asian, 7.7% White, 66.1% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 7% | 7% |