$54,081
Avg. Salary
$20.87
Avg. Hourly Rate
Help us gather more data! Is Buyer, Industrial Components your job title? Find out what you're worth.

The average pay for a Buyer, Industrial Components is $20.87 per hour.

The average pay for a Buyer, Industrial Components is $54,081 per year.

10%
$14.79
10%
$20.87
50%
$27.94
90%
90%
MEDIAN $20.87
10%
$40k
10%
$54k
50%
$72k
90%
90%
MEDIAN $54,081
$39,749 - $72,124
$40K
$54K
$72K
MEDIAN: $54,081
10%
50%
90%

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$14.79 - $27.94
$15
$21
$28
MEDIAN: $20.87
10%
50%
90%

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$0$72K
Salary $39,749 - $72,124
Bonus $184 - $6,268
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).
)
$36,929 - $71,823
  • Country: United States
  • Currency: USD
  • Updated: 23 Apr 2019
  • Individuals Reporting: 136
Hourly Data $0$42
Hourly Rate $14.79 - $27.94
Overtime $14.95 - $42.99
Annual Data $0$71K
Bonus $184 - $6,268
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).
)
$36,929 - $71,823
  • Country: United States
  • Currency: USD
  • Updated: 23 Apr 2019
  • Individuals Reporting: 30

Job Description for Buyer, Industrial Components

Buyers of industrial components are responsible for purchasing items and materials necessary for production in a manufacturing setting. This means that they must find the best suppliers based on a variety of factors for these items, and they also work with production facility personnel to monitor manufacturing needs, maintain desired levels of inventory, and have needed materials on-hand to meet production schedules.

Read More...
Buyer, Industrial Components 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, Industrial Components


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At the upper end, Industrial Components Buyers who move into a Commodity Manager role can end up with a hefty increase in pay. The average income for Commodity Managers is a much higher $83K per year. The most common career progression for Industrial Components Buyers leads to becoming a Purchasing Manager, where average pay is $61K annually. However, many Industrial Components Buyers also opt to become Purchasing Agents. Typically, a Purchasing Agent brings home $43K.

Buyer, Industrial Components Job Listings

Popular Skills for Buyer, Industrial Components


Typical Industrial Components Buyers report a focused set of job skills. Most notably, skills in Contract Negotiation, Materials Requirement Planning, Negotiation, and SAP Materials Management (SAP MM) are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include SAP Materials Management. Those proficient in Materials Requirement Planning are, more often than not, also skilled in Contract Negotiation.

Pay by Experience Level for Buyer, Industrial Components

Pay by Experience for a Buyer, Industrial Components has a positive trend. An entry-level Buyer, Industrial Components with less than 5 years of experience can expect to earn an average total compensation of $50,000 based on 35 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Buyer, Industrial Components with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $50,000 based on 32 salaries. An experienced Buyer, Industrial Components which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $51,000 based on 24 salaries. A Buyer, Industrial Components with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $62,000 based on 11 salaries.

Buyer, Industrial Components Reviews

Q: What is it like working as a Buyer, Industrial Components?

Buyer, Industrial Components in Atlanta:
"Physical Work is rewarding but the atmosphere is extremely toxic."
Pros: working to provide solutions
Cons: extreme lack of communication and planning. People are not held accountable. Systems are not put in place as corrective actions.

Buyer, Industrial Components in Riverside:
Pros: The people are great. I actually work out of the Irvine branch. Commuted for three years.
Cons: The commute was the worst part.

Related Job Salaries

Key Stats for Buyer, Industrial Components

Gender

Female
57 %
Male
43 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 31 votes.
Less than 1 year
4%
1-4 years
33%
5-9 years
27%
10-19 years
26%
20 years or more
11%

Experience Affects Buyer, Industrial Components Salaries

▲17%

National Average
$53,000

▼5%

▼5%

▼5%

Skills That Affect Buyer, Industrial Components Salaries

National Average
$53,000



Negotiation
▼4%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 31 votes.

Gender

Female
57 %
Male
43 %

Years of Experience

Less than 1 year
4%
1-4 years
33%
5-9 years
27%
10-19 years
26%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 81%
vision benefits
Vision: 71%
no benefits
None: 14%