Pharmacy Buyer Salary

The average pay for a Pharmacy Buyer is $17.69 per hour. Pay for this job does not change much by experience, with the most experienced earning only a bit more than the least.

$33,255 - $58,397
(Median)
$33K
$42K
$58K
MEDIAN: $42,000
10%
50%
90%

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$13.87 - $22.33
(Median)
$14
$18
$22
MEDIAN: $17.00
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$20K$40K$60K
Salary
$33,255 - $58,397  
   
Bonus
$0.00 - $500  
Profit Sharing
$500  
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).
)
$29,347 - $50,929  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 34
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$11$22$33
Hourly Rate
$13.87 - $22.33  
   
Overtime
$17.07 - $32.00  
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$22K$44K$66K
Bonus
$0.00 - $500  
   
Profit Sharing
$500  
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).
)
$29,347 - $50,929  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 178
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Job Description for Pharmacy Buyer

Pharmacy buyers are responsible for purchasing, receiving, and maintaining appropriate stock levels for their organization, while monitoring usage and managing the cost of pharmaceuticals for their company. They are in charge of conducting inventory and requesting new products based on organizational requirements. Pharmacy buyers strive to develop excellent business relationships with external pharmacy partners. They use extensive pharmacology knowledge to order a variety of medicines, as well as prepare invoices, complete financial reports based on their purchasing orders, and conduct audits. They use a personal computer to record purchasing history, as well as update a database of all products on hand. They use spreadsheet software to make calculations on product amounts and cost. Some of their main duties include selecting, receiving, and storing pharmaceuticals and related supplies. In all tasks, pharmacy buyers must follow safety and privacy guidelines.

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Pharmacy Buyer Tasks

  • Monitor and analyze pricing and adherence to contracts.
  • Negotiate with vendors to obtain optimum service and price.
  • Ensure inventory supply, order processing and distribution of pharmaceuticals and supplies.

Common Career Paths for Pharmacy Buyer


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Pharmacy Buyer Job Listings

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Pay by Experience Level for Pharmacy Buyer

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

Pharmacy Buyer Advice

What do you wish you knew about your job when you first started out?

Pharmacy Buyer in Fredericksburg:
"Based Upon Location."
Ask do you get the rate as far as where the job is located because I work in northern va and since the cost of living is higher I should get a better pay rate but I don't since my other hospital is located in the south. I feel as though this isn't correct at all.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

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Experience Affects Pharmacy Buyer Salaries

Experienced
up arrow 7%

Late-Career
up arrow 6%

National Average
$38,000

Mid-Career
up arrow 2%

Entry-Level
up arrow 5%

Skills That Affect Pharmacy Buyer Salaries

Microsoft Office
up arrow 9%

Purchasing
up arrow 3%

National Average
$38,000

Inventory Control
up arrow 5%

Inventory Management
up arrow 8%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 35 votes.

Gender

Female
88 %
Male
13 %

Years of Experience

Less than 1 year
1%
1-4 years
25%
5-9 years
31%
10-19 years
26%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 82%
dental benefits
Dental: 78%
medical benefits
Vision: 65%
dental benefits
None: 15%
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