Buyer, Technical Products Salary (United States)

A Buyer, Technical Products earns an average salary of $50,916 per year. Pay for this job does not change much by experience, with the most experienced earning only a bit more than the least. People in this job generally don't have more than 20 years' experience.
Buyer, Technical Products Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$37,605 - $72,555
(Median)
38K
44K
51K
62K
73K
MEDIAN: $50,916
10%
25%
50%
75%
90%
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Buyer, Technical Products Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$12.71 - $26.33
(Median)
13
15
19
22
26
MEDIAN: $18.00
10%
25%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$25K$50K$75K
Salary
$37,605 - $72,555  
   
Bonus
$0.00 - $5,248  
Profit Sharing
$325.00 - $4,898  
Commission
$0.00 - $10,000  
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).
)
$35,103 - $72,699  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 1,021
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$14$28$42
Hourly Rate
$12.71 - $26.33  
   
Overtime
$15.00 - $39.04  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Bonus
$0.00 - $5,248  
   
Commission
$0.00 - $10,000  
Profit Sharing
$325.00 - $4,898  
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).
)
$35,103 - $72,699  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 1,021
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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
  • Ensure that orders are delivered on time and at cost.
  • Resolve billing and shipping problems and provide information to suppliers.
  • Identify suppliers, select merchandise and negotiate bills of sale for a business.
  • Inspect deliveries for shipping errors, improper handling, or quality issues.

Common Career Paths for Buyer, Technical Products

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Buyer, Technical Products Job Listings

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Popular Skills for Buyer, Technical Products

Pay by Experience Level for Buyer, Technical Products

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

Pay Difference By Location

Detroit
up arrow 24%
up arrow 10%
San Diego
up arrow 6%
National Average
$50,000
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

Experience Affects Buyer, Technical Products Salaries

National Average
$50,000

Skills That Affect Buyer, Technical Products Salaries

Inventory Control
up arrow 6%
Materials Requirement Planning (MRP)
up arrow 3%
Procurement
up arrow 3%
Microsoft Excel
up arrow 1%
National Average
$50,000

Job Satisfaction

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Highly satisfied
Rated 4 out of 5 based on 261 votes.

Gender

Female
50%
female alumni
 
Male
50%
male alumni

Years of Experience

Less than 1 year
5%
1-4 years
31%
5-9 years
30%
10-19 years
24%
20 years or more
10%

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 82%
vision benefits Vision: 64% employee benefits None: 8%
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