Median pay for Technical Products Buyers in the United States lies in the neighborhood of $61K annually. Location is the biggest factor affecting pay for this group, followed by years of experience. Most Technical Products Buyers report high levels of job satisfaction. Medical and dental coverage is claimed by nearly all, and a strong majority earn vision coverage. Most people who answered the questionnaire are men; 61 percent of Technical Products Buyers are male. The data for this synopsis comes from respondents who took the PayScale salary survey.

$45,030 - $85,927
$45K
$61K
$86K
MEDIAN: $60,547
10%
50%
90%

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$16.54 - $36.24
$17
$21
$36
MEDIAN: $21.09
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$29K$58K$87K
Salary
$45,030 - $85,927  
   
Bonus
$493.16 - $5,166  
Profit Sharing
$814  
Commission
$4,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$40,948 - $84,297  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 94
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$15$30$45
Hourly Rate
$16.54 - $36.24  
   
Overtime
$32.63  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$30K$60K$90K
Bonus
$493.16 - $5,166  
   
Commission
$4,000  
Profit Sharing
$814  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$40,948 - $84,297  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 18

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United States (change)

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Job Description for Buyer, Technical Products

Buyers of technical products oversee the purchase of raw materials and technical equipment necessary for effective manufacturing. After project managers outline the manufacturing processes, the buyer for the technical products must help determine the raw materials needed and begin the purchasing process. They need to understand the specifications of these materials (for instance what kind of metal used for an airframe or for I-beams in the construction process). Buyers of technical products also have to follow the production schedule so that the necessary materials are on hand when they are needed, not stored on site for months beforehand or arriving days late holding up other workers. Developing productive relationships with vendors and suppliers is important in this position; buyers must also be able to hold vendors accountable to their side of the agreements. These professionals' skills at product research and vendor relationships help contribute to reducing overall costs of manufacturing and production as well. Buyers of technical products also verify shipments and work with accounting professionals to make sure invoices are paid according to contract.

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Buyer, Technical Products Tasks

  • Identify suppliers, select merchandise and negotiate bills of sale for a business.
  • Inspect deliveries for shipping errors, improper handling, or quality issues.
  • Ensure that orders are delivered on time and at cost.
  • Resolve billing and shipping problems and provide information to suppliers.

Common Career Paths for Buyer, Technical Products


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Though some Technical Products Buyers move into positions like Commodity Manager (where the average salary is $83K), this progression is not the norm. With an annual salary of $66K, Senior Buyer is the most common role for Technical Products Buyers to subsequently assume on their way up the ladder. Transitioning into a Purchasing Agent role — which usually pays $43K — is also typical for Technical Products Buyers, though less common by comparison.

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Popular Skills for Buyer, Technical Products


Technical Products Buyers seem to require a number of specific skills. Most notably, skills in SAP Materials Management, Contract Negotiation, Supply Chain, and Negotiation are correlated to pay that is above average. Skills that seem to negatively impact pay include Inventory Control, Microsoft Excel, and Procurement. Most people familiar with Negotiation also know Procurement and Materials Requirement Planning (MRP). Most people familiar with Microsoft Excel also know Contract Negotiation and Materials Requirement Planning (MRP).

Pay by Experience Level for Buyer, Technical Products

Median of all compensation (including tips, bonus, and overtime) by years of experience.


The average beginner in this position makes around $54K, but folks who have been around for five to 10 years see a markedly higher median salary of $65K. Technical Products Buyers who work for 10 to 20 years in their occupation tend to earn about $64K. For some reason, Technical Products Buyers with more than two decades of experience report lower paychecks overall; the median sum in this group sits near $60K.

Pay Difference by Location

National Average: $60,345

Larger city markers indicate a job is popular in that location.

Location does not play a huge part in determining pay, but Technical Products Buyers in Detroit do earn slightly more than the national average. Houston ranks last in the field for pay, reporting salaries 20 percent below the national average.

Related Job Salaries

Key Stats for Buyer, Technical Products

Gender

Female
39 %
Male
61 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 10 votes.
033
Less than 1 year
3%
1-4 years
29%
5-9 years
33%
10-19 years
23%
20 years or more
12%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Buyer, Technical Products Salaries




National Average
$60,000


Skills That Affect Buyer, Technical Products Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 10 votes.

Gender

Female
39 %
Male
61 %

Years of Experience

Less than 1 year
3%
1-4 years
29%
5-9 years
33%
10-19 years
23%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 92%
vision benefits
Vision: 77%
dental benefits
None: 3%
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