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The differences between technical buyers and purchasing managers 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 manager. Additionally, a purchasing manager has an average salary of $98,118, which is higher than the $60,382 average annual salary of a technical buyer.
The top three skills for a technical buyer include purchase orders, supplier performance and strategic sourcing. The most important skills for a purchasing manager are supply chain, strategic sourcing, and project management.
| Technical Buyer | Purchasing Manager | |
| Yearly salary | $60,382 | $98,118 |
| Hourly rate | $29.03 | $47.17 |
| Growth rate | - | -6% |
| Number of jobs | 79,686 | 30,430 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 66% |
| Average age | 48 | 47 |
| 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 purchasing manager is responsible for organizing and managing products to order or sell. Purchasing managers review product specifications, negotiate pricing details with the vendors, evaluate and choose the best suppliers, and assist purchasing agents. Purchase managers are also responsible for resolving order processing issues and analyzing current market trends to determine which products to purchase. A purchasing manager must have excellent decision-making and strategical skills to examine effects, inspect defective items, and create an in-depth analysis of customers' needs to improve their performance and sales.
Technical buyers and purchasing managers have different pay scales, as shown below.
| Technical Buyer | Purchasing Manager | |
| Average salary | $60,382 | $98,118 |
| Salary range | Between $44,000 And $81,000 | Between $70,000 And $136,000 |
| Highest paying City | Germantown, MD | Richmond, CA |
| Highest paying state | Maryland | Maine |
| Best paying company | CME Group | McKinsey & Company Inc |
| Best paying industry | Manufacturing | Technology |
There are a few differences between a technical buyer and a purchasing manager in terms of educational background:
| Technical Buyer | Purchasing Manager | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between technical buyers' and purchasing managers' demographics:
| Technical Buyer | Purchasing Manager | |
| Average age | 48 | 47 |
| Gender ratio | Male, 62.5% Female, 37.5% | Male, 67.0% Female, 33.0% |
| 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, 9.2% Unknown, 3.8% Hispanic or Latino, 12.5% Asian, 7.5% White, 66.7% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 7% | 11% |