How much does a Buyer make?
A Buyer plays a key role in a company's supply chain. They find and purchase goods and services that the company needs. This job can be very rewarding, both in terms of job satisfaction and salary. The average yearly salary for a Buyer is around $68,255. This means that many Buyers earn a good living.
Buyers can earn different amounts based on their experience and the industry they work in. For example, a Buyer with less than a year of experience might earn around $35,000. As they gain more experience, their salary can increase. A Buyer with 10 to 20 years of experience can earn up to $125,000 a year. Some Buyers also get bonuses and other benefits, which can add to their total earnings.
What are the highest paying cities for a Buyer?
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Hartford, CT
Average Salary: $91,733
In Hartford, professionals find opportunities to work with well-known companies like United Technologies and Travelers. The role involves sourcing materials and negotiating contracts. The city offers a mix of urban and suburban settings, making it a pleasant place to work.
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Washington, DC
Average Salary: $90,625
Working in Washington, DC, offers a dynamic environment with many government and private sector companies. Buyers here often collaborate with large firms like Lockheed Martin and Northrop Grumman. The city's vibrant culture and networking opportunities enhance the professional experience.
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Santa Rosa, CA
Average Salary: $88,409
Santa Rosa provides a relaxed atmosphere with a focus on agriculture and wine. Buyers here often work with companies like Gallo Winery and Sonoma-Cutrer Vineyards. The city's scenic beauty and small-town feel create a welcoming work environment.
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Boulder, CO
Average Salary: $87,345
In Boulder, professionals enjoy a healthy work-life balance. The city is home to tech companies like Google and Facebook. Buyers often engage in innovative projects and enjoy the outdoor activities the area offers.
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San Jose, CA
Average Salary: $83,945
San Jose, the heart of Silicon Valley, offers exciting opportunities for tech-savvy buyers. Companies like Apple and Intel are prominent here. The fast-paced environment and tech-driven culture make it a thrilling place to work.
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Savannah, GA
Average Salary: $82,256
Savannah combines historic charm with modern business. Buyers work with companies like Gulfstream Aerospace and Savannah College of Art and Design. The city's rich culture and southern hospitality add to the unique work experience.
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Springfield, MA
Average Salary: $81,157
Springfield offers a blend of industrial and educational opportunities. Companies like MassMutual and Smith & Wesson are key employers. The city's diverse economy and affordable living make it an attractive place for professionals.
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Santa Maria, CA
Average Salary: $80,854
Santa Maria is known for its agricultural industry and beautiful beaches. Buyers often work with companies like Tyson Foods and Del Monte. The laid-back lifestyle and natural beauty provide a refreshing work environment.
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Seattle, WA
Average Salary: $79,627
Seattle is a hub for tech and innovation, with companies like Amazon and Microsoft. Buyers here enjoy a vibrant city life with plenty of outdoor activities. The tech-driven economy offers exciting career growth opportunities.
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San Diego, CA
Average Salary: $79,548
San Diego offers a mix of military, biotech, and tech industries. Companies like Qualcomm and Scripps Health are prominent. The city's sunny climate and beautiful beaches make it a desirable place to live and work.
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What are the best companies a Buyer can work for?
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Bloomingdale's
Average Salary: $160,117
Bloomingdale's offers exciting opportunities for Buyers. They operate in major cities across the United States, including New York, Chicago, and Los Angeles. Buyers at Bloomingdale's work to source high-quality products and negotiate with suppliers to ensure the best deals.
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Nordstrom
Average Salary: $131,111
Nordstrom is a well-known retailer with stores in many cities. Buyers at Nordstrom focus on selecting and purchasing top-tier products. They work in locations such as Seattle, San Francisco, and Miami. Nordstrom values creativity and teamwork in its Buyer roles.
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Accenture
Average Salary: $127,550
Accenture provides a dynamic environment for Buyers. They work in various cities, including New York, San Francisco, and Chicago. Buyers at Accenture manage procurement processes and ensure cost-effective solutions for the company.
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Caterpillar
Average Salary: $127,260
Caterpillar offers rewarding Buyer positions. They operate in locations such as Peoria, Illinois, and Decatur, Illinois. Buyers at Caterpillar focus on sourcing materials and equipment to support the company's operations.
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Cushman & Wakefield
Average Salary: $122,817
Cushman & Wakefield provides a competitive salary for Buyers. They work in cities like New York, Los Angeles, and Chicago. Buyers at Cushman & Wakefield manage real estate procurement and negotiate leases.
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Raytheon
Average Salary: $121,112
Raytheon offers exciting Buyer roles. They operate in locations such as Arlington, Virginia, and Tucson, Arizona. Buyers at Raytheon focus on sourcing technology and services to support the company's mission.
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Collins Aerospace
Average Salary: $119,536
Collins Aerospace provides a stable environment for Buyers. They operate in cities like Charlotte, North Carolina, and Indianapolis, Indiana. Buyers at Collins Aerospace manage procurement for aerospace components and services.
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Solar Turbines
Average Salary: $116,957
Solar Turbines offers a good salary for Buyers. They operate in locations such as Carlsbad, California, and Charlotte, North Carolina. Buyers at Solar Turbines focus on sourcing parts and materials for turbine manufacturing.
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Keller Williams Realty
Average Salary: $115,095
Keller Williams Realty offers competitive opportunities for Buyers. They operate in many cities across the United States. Buyers at Keller Williams Realty manage procurement for real estate services and products.
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Rancho Foods, Inc.
Average Salary: $115,000
Rancho Foods, Inc. offers a solid salary for Buyers. They operate in cities such as Los Angeles, California, and Dallas, Texas. Buyers at Rancho Foods, Inc. focus on sourcing ingredients and materials for food production.
How to earn more as a Buyer?
To increase earnings as a Buyer, focus on key areas that can enhance your value in the workplace. Buyers who excel in their roles often do so by mastering specific skills and strategies. These efforts can lead to higher salaries and better job opportunities.
Here are five factors to consider for earning more as a Buyer:
- Negotiation Skills: Strong negotiation skills can lead to better deals and cost savings. This can increase your value to the company.
- Market Knowledge: Understanding market trends and supplier capabilities can help you make informed decisions. This knowledge can lead to better purchasing outcomes and higher earnings.
- Relationship Building: Building strong relationships with suppliers can lead to better terms and exclusive deals. This can improve your effectiveness and earning potential.
- Analytical Skills: Being able to analyze data and trends can help you make better purchasing decisions. This skill can lead to cost savings and efficiency improvements.
- Continuous Learning: Staying updated with industry trends and best practices can keep you competitive. This ongoing education can open up higher-paying job opportunities.
