The average salary for an Assistant Buyer with Inventory Management skills is $47,467.
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What Do Assistant Buyers Do?
An assistant buyer works closely with vendors, maintaining positive relationships while negotiating specs, pricing, and deadlines. They must be able to work independently and prioritize job duties, as well as prepare cost analyses and competitive retail strategies. They must be able to develop sales and profit margin plans, as well as maintain margin and determine turnover objectives.
Communication skills are a vital part of being an assistant buyer. They must communicate with merchandise d…Read more
Assistant Buyer Tasks
- Assist buyers and managers with writing purchase orders, buying merchandise, and managing inventory.
- Research suppliers to determine which ones fit company pricing and quality objectives.
- Advise retail outlets how to price products based on purchase price and market trends.
Popular Employer Salaries for Assistant Buyer
The top respondents for the job title Assistant Buyer are from the companies Nordstrom, Inc., Zulily and Costco Wholesale Company. Reported salaries are highest at Nordstrom, Inc. where the average pay is $69,250. Other companies that offer high salaries for this role include Costco Wholesale Company, earning around $67,750. Zulily pays the lowest at around $44,277. Bed Bath & Beyond Inc also pays on the lower end of the scale, paying $53,987.
Assistant Buyer Job Listings
What Are Popular Skills for Assistant Buyers?
Skills in Microsoft Excel, Vendor Relations, Data Analysis and Merchandising are correlated to pay that is above average. Skills that pay less than market rate include Data Entry.
What is the Pay by Experience Level for Assistant Buyers?
An entry-level Assistant Buyer with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $44,434 based on 27 salaries. An early career Assistant Buyer with 1-4 years of experience earns an average total compensation of $46,223 based on 233 salaries. A mid-career Assistant Buyer with 5-9 years of experience earns an average total compensation of $50,821 based on 81 salaries. An experienced Assistant Buyer with 10-19 years of experience earns an average total compensation of $52,116 based on 31 salaries. In their late career (20 years and higher), employees earn an average total compensation of $60,000.
Pay Difference by Location
Employees with Assistant Buyer in their job title in Seattle, Washington earn an average of 33.6% more than the national average. These job titles also find higher than average salaries in San Francisco, California (26.4% more) and New York, New York (21.1% more). The lowest salaries can be found in Dallas, Texas (17.3% less) and Los Angeles, California (2.6% less).
Years of Experience
This data is based on 382 survey responses.