Buyer Jobs
A Buyer is a key player in the procurement department, tasked with sourcing, purchasing, and managing the inventory of goods, materials, and services essential for the company's operations. This role requires building and maintaining supplier relationships, negotiating prices and terms, and ensuring purchases align with budget and quality standards.
The Buyer must analyze market trends, identify cost-saving opportunities, and ensure compliance with company policies and regulations.
Successful candidates will possess strategic thinking, excellent communication, and negotiation skills, thriving in a fast-paced environment. Additionally, they will manage inventory levels, resolve supply chain issues, and collaborate with various departments to meet business needs, making Buyer Jobs vital for organizational success.
National Yearly Income Range:
$50,000 - $85,000
Why Being a Buyer is Great.
A Buyer is a great job for those who enjoy a dynamic work environment and have a keen eye for trends and market demands. This role involves negotiating with suppliers, analyzing market data, and making strategic purchasing decisions that directly impact a company's success. Buyers play a crucial role in ensuring that products are available at the right time and price, which requires strong analytical skills and the ability to build relationships. Additionally, Buyer Jobs often offer opportunities for career advancement and professional development, making it an appealing choice for individuals looking to grow in their careers.
The blend of creativity and analytical thinking makes this position both challenging and rewarding, providing a unique opportunity to influence a company's bottom line while working in a fast-paced industry.
Buyer Job Duties And Responsibilities
The buyer is responsible for sourcing and purchasing goods, materials, and services while adhering to company policies and procedures. Building strong relationships with suppliers is crucial for ensuring a reliable and cost-effective supply chain, which involves negotiating prices, terms, and delivery schedules. Additionally, the buyer conducts market research to identify trends and opportunities for cost savings, while analyzing and comparing prices, quality, and delivery terms from various suppliers.
Effective inventory management is essential to avoid stockouts and overstocking, and the buyer collaborates with cross-functional teams to resolve supply chain issues promptly, ensuring compliance with regulatory requirements and industry standards.
Why be a Buyer with IES Residential?
Becoming a Buyer with IES Residential offers a unique opportunity to join a company with over 50 years of experience in delivering exceptional electrical and related services, while benefiting from a culture that prioritizes safety, family, and employee development. As part of a diverse and inclusive team, you will play a crucial role in supporting our commitment to quality and customer satisfaction, all while enjoying competitive compensation and comprehensive benefits.
Moreover, IESR's dedication to community engagement and environmental responsibility ensures that your work contributes to a greater purpose, making a positive impact on both local communities and the planet.
Company Benefits
Competitive Wages
401(k) Plan with Contribution Matching
Paid Time Off (PTO)
Company Paid Life Insurance
Medical, Dental, & Vision Coverage
Short Term Disability Plans
Optional Long-Term Disability
Optional Critical Illness, Accident, Legal, & Pet Coverage.
Explore Buyer Jobs Near Me by State
Discover a variety of buyer jobs near me by state, offering exciting opportunities to advance your career in procurement and purchasing.
IES Residential States of Operation
FAQs
What's a Buyer's job description?
A Buyer's job description involves sourcing, purchasing, and managing inventory for a company. Key responsibilities include building supplier relationships, negotiating prices, ensuring compliance with budget and quality standards, and analyzing market trends for cost-saving opportunities. The Buyer must possess strong communication and negotiation skills, manage inventory levels, resolve supply chain issues, and collaborate with various departments to support business operations.
What is the average salary of a Buyer?
The average salary of a Buyer in the United States is approximately $65,000 per year, with a typical range between $50,000 and $85,000. Hourly rates generally fall between $24 and $41.
How do I get a Buyer job?
To get a Buyer job, start by obtaining a bachelor's degree in Business Administration, Supply Chain Management, or a related field. Gain 2-3 years of experience in procurement or a similar area. Develop strong negotiation, communication, and interpersonal skills. Familiarize yourself with procurement principles and regulations, and become proficient in procurement software and tools. Enhance your analytical abilities to make informed decisions and improve your organizational skills. Consider obtaining procurement certifications, as they can boost your qualifications. Finally, tailor your resume and cover letter to highlight relevant experience and skills when applying for positions.
What are the job duties of a Buyer?
A Buyer's job duties include sourcing and purchasing goods and services while adhering to company policies. They build relationships with suppliers, negotiate prices and delivery terms, and conduct market research to identify cost-saving opportunities. Buyers analyze supplier options, prepare purchase orders, and ensure compliance with regulations. They manage inventory levels, resolve supply chain issues, and collaborate with various teams. Additionally, they monitor procurement performance and stay updated on market trends to enhance purchasing processes.
How much does a Buyer make per hour?
A Buyer in the United States typically earns between $24 and $41 per hour, with an average annual salary of around $65,000.
Is a Buyer job fullfilling?
A Buyer job can be fulfilling for those who enjoy negotiation, strategic planning, and building supplier relationships. It offers opportunities for growth, creativity in sourcing products, and the satisfaction of contributing to a company's success. However, fulfillment can vary based on individual interests and workplace culture.
How long does it take to become a Buyer?
To become a Buyer, it typically takes around 4 to 6 years. This includes obtaining a bachelor's degree in a relevant field, such as Business Administration or Supply Chain Management, which usually takes about 4 years. Additionally, gaining 2 to 3 years of experience in procurement or a related area is essential. Acquiring certifications in procurement can enhance qualifications and may take additional time.
Is there a demand for Buyers?
Yes, there is a strong demand for buyers across various markets, including real estate, retail, and online platforms. Buyers are essential for driving sales and market growth, making them a key focus for businesses looking to expand their customer base.
What are Buyer career paths?
Buyer career paths typically include entry-level positions such as purchasing assistant or procurement analyst, progressing to buyer or purchasing agent roles. With experience, individuals can advance to senior buyer, category manager, or procurement manager positions. Further advancement may lead to director of purchasing or chief procurement officer roles. Specializations in specific industries or product categories can also enhance career opportunities. Continuous professional development and certifications can support career growth in this field.
What are the job responsibilities of a Buyer?
A Buyer's job responsibilities include sourcing and purchasing goods, materials, and services in line with company policies. They build and maintain relationships with suppliers to ensure reliable supply chains and negotiate prices, terms, and delivery schedules. Buyers conduct market research to identify cost-saving opportunities, analyze and compare supplier options, and manage purchase orders and contracts. They ensure compliance with regulations, manage inventory levels, and resolve supply chain issues. Collaboration with cross-functional teams and monitoring key performance indicators related to procurement are also essential. Additionally, Buyers implement systems to evaluate supplier performance and stay updated on market conditions to enhance procurement processes.
What are the requirements to get a Buyer job?
To secure a Buyer job, candidates typically need the following qualifications:
1. Education: A Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
2. Experience: 2-3 years of experience in procurement or a similar role.
3. Knowledge: Strong understanding of procurement principles, practices, and regulations.
4. Skills: Excellent negotiation, communication, and interpersonal skills.
5. Analytical Ability: Proficiency in data analysis for informed decision-making.
6. Technical Proficiency: Familiarity with procurement software and tools, such as ERP systems and e-sourcing platforms.
7. Organizational Skills: Strong time management and organizational abilities.
8. Adaptability: Capability to work in a fast-paced environment and meet deadlines.
9. Certification: Procurement certifications (e.g., CPM, CPSM) are highly desirable.
10. Compliance Knowledge: Familiarity with industry-specific regulations and standards.
Are there entry level Buyer jobs?
Yes, there are entry-level Buyer jobs. Typically, these positions require a bachelor's degree in business, marketing, or a related field. Key skills include strong analytical abilities, negotiation skills, attention to detail, and proficiency in data analysis tools. Familiarity with supply chain management and excellent communication skills are also beneficial. Some employers may seek candidates with internship experience in purchasing or related areas.
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