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Salary and Benefits

Buyer
$43K-$53K / yr. (est.)
$44K
$48,885 / year
$54K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Buyer

What does a Buyer do?

As Buyers, we are responsible for working very closely with the merchandisers; a retail buyer helps to ensure the right products are selected to bring into the store. We also have to research, select and purchase quality products and materials. Not only that, we should build relationships with suppliers and negotiate with them for the best pricing and process requisitions and update management on status of orders. We adhere to any health, safety and environmental policies and procedures to ensure the safety and wellbeing of self, staff and visitors.

Core tasks:

  • updating inventory and ensuring that stock levels are kept at appropriate levels
  • arranging transport of goods and track orders to ensure timely delivery
  • analyzing market trends and apply this knowledge to make insightful buying decisions
  • coordinating with inventory team, management, and stockroom as required and assessing quality of stock received and escalate any discrepancies to suppliers and management

Insights

How Many Years of Experience Do Professionals Need Before Becoming Buyer?
On average, people work 3-5 years in other positions prior to becoming a Buyer.
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BuyerHouston, TX - A year ago
Experience can be important, but let's not disregard the potential of fresh ideas from newcomers. Are we stuck in the past? 😡
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BuyerSan Francisco, CA - A year ago
Oh please, an arbitrary number of years in other positions doesn't guarantee any proficiency in buying. Skills matter more! 👍
How Long Do Buyer Employees Typically Stay in Their Roles?
On average, Buyers works in this position for 5+ years across multiple employers.
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Procurement OfficerHouston, TX - A year ago
I've seen many Buyers with years of experience who couldn't negotiate their way out of a paper bag.
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Supply Chain AnalystMiami, FL - A year ago
experience ≠ expertise
What Is the Job Hopper Score for Buyer Employees?
Frequent job changes in Buyer, indicating a willingness to change companies and roles more frequently.
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Retail Store ManagerHouston, TX - A year ago
I disagree with the image portraying buyers as disloyal. They're just finding the best fit for their skills and ambitions. 👍
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Procurement SpecialistMiami, FL - A year ago
The job market is fierce, and buyers need to stay agile and open to new ventures. No harm in exploring different paths until they find their career sweet spot! 🌟

Career path

Path to job

Discover a Buyer's areas of knowledge sorted by their majors.
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A year ago
Higher education
Explore the list of higher education institutions that a Buyer typically studied at.
Fashion Institute of Technology
Michigan State University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Buyer Employees?
Gender ratio in Buyer position: 0.481607879441909 Male and 0.518392120558091 Female. Age ratio in Buyer position: 16-20: 8%, 21-30: 70%, 31-40: 15%, 41-50: 5%, 51-60: 2%, 60+: 0%. Buyer position is predominantly female (51.8%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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BuyerHouston, TX - A year ago
I'm a hardworking female Buyer in my 40s, and it's disheartening to see such a small representation in my age group. Where are my fellow 40-something Buyers? 😡
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BuyerPhiladelphia, PA - A year ago
I'm a man in my 50s who recently became a Buyer, and it's infuriating to be part of the 2% age group. We need more age diversity in this occupation! 😤

Workplaces

Who Are the Top Employers for Buyer?
Top employers of Buyer position: CarMax, General Motors, Ross Stores, Inc.. People who work in Buyer position most typically go on to work for the CarMax.
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BuyerMiami, FL - A year ago
I wouldn't trust CarMax to buy me a decent car. They're just looking to make a quick profit with their low-trade-in offers.
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BuyerAustin, TX - A year ago
General Motors is an American icon. As a buyer, working for them would be an incredible opportunity!
CarMax
General Motors
Ross Stores, Inc.
What Industries Does Buyer Typically Have Experience In?
Industry Background: The most typical industries of Buyer: Retail, Manufacturing, Information Technology, Professional / Scientific / Technical, Wholesale. Buyer employees most likely come from a Retail industry background.
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BuyerHouston, TX - A year ago
Hey, folks! 🤠 As a Buyer working in the manufacturing sector, I want to know how buyers in other industries handle supply chain disruptions. Any tips or lessons learned?
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BuyerMiami, FL - A year ago
🙄 Seriously, the stereotype that Buyers just shop around all day needs to stop! We have to analyze market trends, negotiate contracts, and manage inventory. It's way more complex than shopping!

Find your job as Buyer

Discussion about Buyer

Want to know more about Buyer position?
Share your thoughts and ideas about Buyer position with others in our community.
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Does a freelancer work as a Buyer?
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A year ago
Yes
How balanced is the gender diversity among people working as a Buyer?
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Isabella Holmes3 years ago
This is a well balanced profession, about half of the people are women.
What is the typical age to work as a Buyer?
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Liam Brown3 years ago
The typical age is 28 for a Buyer.
How many years of experience do you usually have as a Buyer?
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Benjamin Gardner3 years ago
You should work for 4 years on average to become a Buyer.
Which industries are highly likely to employ a Buyer?
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Benjamin Gardner3 years ago
Retail is the most probable for a Buyer to work in.
Is a degree needed to work as a Buyer?
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Liam Brown3 years ago
No higher education could not hurt if you want to be a Buyer
Which company are you working for as a Buyer?
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Benjamin Gardner3 years ago
CarMax, General Motors, Ross Stores, Inc., Target and Walmart has the most employees.
How long do you usually work as a Buyer before changing to another position?
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Sophie Hayes3 years ago
You should work for more than 5 years before considering changing to another role.
How common is it for a Buyer to jump from company to company?
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Isabella Holmes3 years ago
It’s likely to work for multiple companies while holding the same title.
What work history do people usually have before becoming a Buyer?
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Benjamin Gardner3 years ago
Most people come from Purchasing Manager, Merchandiser or Buyer Planner roles
What typical professions people working as a Buyer switch to?
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Liam Brown3 years ago
Working as Buyer consider Purchasing Manager, Merchandising Manager or Buyer Planner as a next step in your career.
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Disclaimer

informationLENSA generates certain information provided on this website by compiling and analyzing publicly available data and data from employees/former employees. All company names are the registered trademarks of their original owners. The use of any trade name or trademark does not imply any association with the third-party company. None of the information provided is endorsed in any way by any of the companies mentioned. We do not guarantee the accuracy, currency, or suitability of this information (including regarding demographics or salary estimate) and you are responsible for how you use it. ALL INFORMATION IS PROVIDED “AS IS” AND “WITH ALL FAULTS”. We are not responsible for nor endorse third party content on our website. If you notice any inaccurate information or information you think is proprietary you can email us at [email protected]. See our Terms and Conditions and Community Guidelines for more information.