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The differences between technical buyers and purchasing 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 technical buyer and a purchasing buyer. Additionally, a technical buyer has an average salary of $60,382, which is higher than the $47,471 average annual salary of a purchasing buyer.
The top three skills for a technical buyer include purchase orders, supplier performance and strategic sourcing. The most important skills for a purchasing buyer are purchase orders, logistics, and cost savings.
| Technical Buyer | Purchasing Buyer | |
| Yearly salary | $60,382 | $47,471 |
| Hourly rate | $29.03 | $22.82 |
| Growth rate | - | - |
| Number of jobs | 79,686 | 21,158 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 55% |
| 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.
In a retail setting, a purchasing buyer is primarily responsible for devising strategies for procuring supplies, ensuring that it aligns with the company's needs and standards. They are also responsible for conducting thorough marketing research and analysis, coordinating with different departments to gather and process documentation, liaising and negotiating with vendors and suppliers, and keeping track of all purchasing orders to ensure accuracy and timeliness. Furthermore, as a purchasing buyer, it is essential to maintain records of all transactions and submit regular reports to supervisors.
Technical buyers and purchasing buyers have different pay scales, as shown below.
| Technical Buyer | Purchasing Buyer | |
| Average salary | $60,382 | $47,471 |
| Salary range | Between $44,000 And $81,000 | Between $35,000 And $62,000 |
| Highest paying City | Germantown, MD | Goleta, CA |
| Highest paying state | Maryland | California |
| Best paying company | CME Group | Aramco Services Company |
| Best paying industry | Manufacturing | Automotive |
There are a few differences between a technical buyer and a purchasing buyer in terms of educational background:
| Technical Buyer | Purchasing Buyer | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 55% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between technical buyers' and purchasing buyers' demographics:
| Technical Buyer | Purchasing Buyer | |
| Average age | 48 | 48 |
| Gender ratio | Male, 62.5% Female, 37.5% | Male, 41.9% Female, 58.1% |
| 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, 9.0% Unknown, 4.4% Hispanic or Latino, 12.4% Asian, 7.8% White, 65.7% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 7% | 7% |