A Buyer, Technical Products earns an average salary of $50,451 per year. People in this job generally don't have more than 20 years' experience. Skills that are associated with high pay for this job are Supply Chain and Contract Negotiation.
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.
)
$36,461 - $71,591
(Median)
36K
50K
61K
72K
MEDIAN: $50,450
10%
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.
)
$13.05 - $25.25
(Median)
13
15
18
22
25
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$24K$48K$72K
Salary
$36,461 - $71,591  
   
Bonus
$0.00 - $5,987  
Profit Sharing
$307.01 - $5,271  
Commission
$0.00 - $20,608  
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).
)
$34,756 - $71,646  
PayScale
Country: United States | Currency: USD | Updated: 24 Apr 2014 | Individuals Reporting: 2,177
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$13$26$39
Hourly Rate
$13.05 - $25.25  
   
Overtime
$15.42 - $38.43  
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$26K$52K$78K
Bonus
$0.00 - $5,987  
   
Commission
$0.00 - $20,608  
Profit Sharing
$307.01 - $5,271  
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).
)
$34,756 - $71,646  
PayScale
Country: United States | Currency: USD | Updated: 24 Apr 2014 | Individuals Reporting: 2,177
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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.
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 21%
Denver
up arrow 20%
Chicago
up arrow 15%
San Jose
up arrow 14%
up arrow 4%
Seattle
up arrow 4%
National Average
$49,000
St. Louis
up arrow 11%
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Buyer, Technical Products Salaries

National Average
$49,000

Skills That Affect Buyer, Technical Products Salaries

Procurement
up arrow 6%
Materials Requirement Planning (MRP)
up arrow 2%
Inventory Control
0%
National Average
$49,000
Job Satisfaction
Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 495 votes.
Gender
Female
50%
female alumni
 
Male
50%
male alumni
Years of Experience
Less than 1 year
4%
1-4 years
31%
5-9 years
29%
10-19 years
24%
20 years or more
12%
Common Health Benefits
medical benefits Medical: 88% dental benefits Dental: 79%
vision benefits Vision: 62% employee benefits None: 9%
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