what is it like to work as a buyer?

A buyer is responsible for sourcing raw materials, products, and services for a business. If they work for a wholesale company, they plan, select, and purchase the goods intended for resale, ensuring that the products are properly displayed in the retail outlet. They work closely with product managers to select the right items for sale. 

A buyer can work across various industries, from manufacturing to retail, including supermarkets, bookstores, and computer stores. Additionally, they collaborate with fashion retailers and wholesalers to identify fast-moving fashion items for sales.

what does a buyer do?

A buyer can work in both the retail and manufacturing sectors. In retail, they select new products and review the merchandise in stores to determine future procurement based on sales performance. They identify the best-selling items, find suitable suppliers, and negotiate prices to ensure the store receives the best deals. Additionally, they organize deliveries to the company's premises. 

At a manufacturing company, a buyer's main responsibility is to procure the raw materials, supplies, equipment, tools, services, and other products needed for production and operations. Their job is to determine which items are required, specify the quality standards and delivery deadlines, and ensure that these materials are available when needed. 

The responsibilities of a buyer include processing requests and informing management about order statuses. Since they may also be responsible for stock replenishment, they monitor inventory levels and manage stock within the company. They regularly review reports and analyze market trends, enabling them to adjust their purchasing strategies to align with the latest market developments.

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1

average salary of buyers.

Our salary calculator allows you to explore salary ranges and see how much a beginner or experienced buyer earns.

want to know how much a buyer earns? check out our salary calculator!

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how can a buyer earn more?

As a procurement professional, your salary can vary depending on the industry and your level of seniority. You may work across different sectors, where the complexity of tasks influences the compensation package. The volume of goods you procure, as well as the size and complexity of the product categories you handle, can also impact your earnings. Operational buyers typically fall into a lower salary bracket compared to strategic buyers or category managers, who negotiate strategic agreements, actively participate in supplier competitions, and are involved in supplier negotiations and decision-making processes. Your salary can also be significantly affected by whether you perform your duties for a single company or country, or if you have a global role covering multiple countries' subsidiaries.

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types of purchasing roles.

Buyers can specialize based on the types of products they purchase:

  • Agricultural product buyer: purchases agricultural products for resale. Their job is to source fresh products from reliable farmers and negotiate the best prices.
  • Wholesale and retail buyer: a professional responsible for purchasing goods on behalf of wholesale and retail businesses for resale. For example, they might buy clothing and electronic products for stores that sell these items. If working for a large company, they may specialize in sourcing just one or two product lines. However, buyers working for small shops typically purchase products across all categories.
  • Internal buyers: internal buyers do not purchase products for resale. Instead, they ensure that the company maintains stock for internal use, such as office supplies and equipment. They negotiate favorable prices with suppliers and ensure timely delivery. 

In the manufacturing area, the following specializations may be available:

  • Operational buyer: responsible for executing daily procurement transactions. Maintains direct communication with suppliers, places orders, and ensures timely delivery of goods. Makes operational decisions during everyday purchasing activities.
  • Strategic buyer: responsible for developing long-term procurement strategies. Analyzes market trends, plans procurement projects, negotiates major contracts, and oversees procurement processes at the planning level.
  • Direct procurement: responsible for sourcing raw materials, goods, and services that are directly related to production or manufacturing, and that are incorporated directly into the company's products or services.
  • Indirect buyer: responsible for procuring goods or services that are not directly related to the products or services produced by the company. For example, handling the purchase of office supplies or cleaning services.
  • Category / Commodity buyer specializes in sourcing very specific goods or product categories, such as electronic devices or agricultural products. They possess comprehensive knowledge of these product categories and maintain close relationships with suppliers in this field.
Cycling male, autumn trees and office buildings on the background.
Cycling male, autumn trees and office buildings on the background.
3

working as a buyer.

Buyers are responsible for sourcing products and equipment for companies. Learn about the tasks, responsibilities, and career opportunities associated with this role.

4

required studies and skills.

studies.

To work as a buyer, it's essential to acquire professional knowledge. It is advisable to choose one of the following training programs to get started:

working
working

skills.

The following skills are required for a buyer to perform their job:

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frequently asked questions.

We have compiled the most frequently asked questions regarding the purchasing role:

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