How much does a Buyer make?
A Buyer often makes a solid salary, providing a stable income. The average yearly salary for this role is around $68,752. Buyers typically work in retail, manufacturing, and various other sectors. Their job involves selecting goods and services that meet their company's needs. This role requires a keen eye for quality and value.
The salary for Buyers can vary based on experience and industry. The lowest earners make about $35,000, while the highest earners can make over $125,000. Many Buyers find their earnings increase with more experience and responsibilities. This career path offers growth and financial rewards. Buyers who excel in their roles often see their salaries rise over time.
What are the highest paying cities for a Buyer?
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Hartford, CT
Average Salary: $90,836
Working as a buyer in Hartford offers a unique blend of corporate responsibility and local connection. Companies like Travelers and United Technologies Corporation are prominent here, providing varied and rich procurement opportunities.
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Washington, DC
Average Salary: $89,880
In Washington, DC, buyers find themselves at the heart of government and private sector activity. With large firms like Lockheed Martin and Northrop Grumman, the procurement process is often dynamic and impactful.
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Santa Rosa, CA
Average Salary: $88,409
Santa Rosa offers a relaxed yet professional environment for buyers, focusing on local needs and resources. Notable companies such as Charles Schwab provide diverse procurement challenges in a community setting.
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Boulder, CO
Average Salary: $88,304
In Boulder, buyers enjoy a vibrant and innovative atmosphere. Companies such as Google and EarthLink connect local talent with global markets, making procurement both challenging and rewarding.
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San Jose, CA
Average Salary: $84,908
San Jose is a hub for technology and innovation, with giants like Apple and Cisco offering exciting opportunities for buyers. Working here means being at the forefront of procurement technology and trends.
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Springfield, MA
Average Salary: $83,731
Springfield offers a mix of historical charm and modern business. Companies such as MassMutual provide a stable environment for buyers, focusing on reliable and consistent procurement processes.
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Savannah, GA
Average Salary: $82,052
Savannah’s unique culture and history provide a distinctive backdrop for buyers. Local companies like Gulfstream Aerospace create a dynamic and interesting procurement landscape.
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Seattle, WA
Average Salary: $81,833
Seattle's tech-driven economy offers exciting opportunities for buyers. Companies like Amazon and Microsoft make procurement both competitive and innovative, set against the backdrop of the Pacific Northwest.
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Santa Maria, CA
Average Salary: $81,186
In Santa Maria, buyers find a smaller community feel with significant agricultural influence. Companies like Tyson Foods offer a focused and community-centered procurement experience.
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Minneapolis, MN
Average Salary: $80,323
Minneapolis combines urban convenience with a strong corporate presence. Firms like Target and UnitedHealth Group provide a diverse range of procurement challenges in a vibrant city setting.
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What are the best companies a Buyer can work for?
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Bloomingdale's
Average Salary: $162,008
Bloomingdale's offers exciting opportunities for Buyers. They work in luxury retail stores across the United States. Key locations include New York, Chicago, and Los Angeles. Buyers at Bloomingdale's focus on sourcing high-end products and managing supplier relationships.
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Caterpillar
Average Salary: $135,581
Caterpillar provides excellent career prospects for Buyers. This company operates globally, with major offices in the USA, Canada, and Europe. Buyers at Caterpillar are responsible for sourcing industrial equipment and negotiating with suppliers. They play a crucial role in the company's supply chain.
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Nordstrom
Average Salary: $131,559
Nordstrom is a top choice for Buyers seeking a rewarding career. They have stores in many states, including Washington, California, and Texas. Buyers at Nordstrom are involved in selecting fashion and beauty products. They work to meet the high standards of the company's customers.
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Accenture
Average Salary: $127,550
Accenture offers promising opportunities for Buyers. They have offices worldwide, including in the USA, UK, and India. Buyers at Accenture focus on technology and consulting services. They help clients by sourcing the best solutions for their business needs.
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Cushman & Wakefield
Average Salary: $123,739
Cushman & Wakefield is a leader in real estate services. They have offices in cities like New York, London, and Hong Kong. Buyers at Cushman & Wakefield manage commercial real estate transactions. They assist clients in finding the best properties for their business.
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Collins Aerospace
Average Salary: $122,519
Collins Aerospace offers a dynamic environment for Buyers. They have locations in the USA and internationally. Buyers at Collins Aerospace source aerospace components and services. They work closely with engineers and suppliers to deliver top-quality products.
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Raytheon
Average Salary: $121,276
Raytheon provides exciting career opportunities for Buyers. They operate globally with headquarters in the USA and offices in Europe and Asia. Buyers at Raytheon focus on defense and security products. They play a key role in ensuring the company's supply chain runs smoothly.
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Solar Turbines
Average Salary: $117,582
Solar Turbines offers a stable career for Buyers. They have offices in California and Chicago. Buyers at Solar Turbines are responsible for sourcing industrial parts. They ensure the company has the necessary components for their turbines and generators.
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Macy's
Average Salary: $114,515
Macy's offers a variety of opportunities for Buyers. They have stores in many states, including New York, California, and Florida. Buyers at Macy's focus on sourcing merchandise for their retail stores. They work to bring the best products to customers across the country.
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Keller Williams Realty
Average Salary: $114,099
Keller Williams Realty provides excellent career options for Buyers. They have offices in many states, including Texas, California, and Florida. Buyers at Keller Williams Realty help clients find the perfect real estate properties. They focus on meeting the unique needs of each client.
How to earn more as a Buyer?
Becoming a successful Buyer can lead to higher earnings. Focus on these key factors to boost your career and salary potential. Developing a strong understanding of the market helps Buyers make informed decisions. This knowledge can lead to cost savings and better deals.
Networking plays an important role. Building relationships with suppliers and industry contacts opens doors to exclusive offers. It can also lead to higher-paying job opportunities. Mastery of procurement software and tools can improve efficiency and accuracy. This skill can help a Buyer stand out and earn more. Continuous learning and professional development are essential. Certifications and advanced degrees can enhance credibility and marketability. Keeping up with industry trends ensures a Buyer remains competitive. Each of these factors contributes to higher earnings and career growth.
Consider these five factors to increase earning potential:
- Market Knowledge: Understand market trends and supplier dynamics.
- Networking: Build strong relationships with suppliers and industry contacts.
- Technology Proficiency: Master procurement software and tools.
- Professional Development: Pursue certifications and advanced degrees.
- Staying Informed: Keep up with industry trends and best practices.
