The average salary for an Experienced Buyer, Industrial Components is $54,988.
Is Buyer, Industrial Components your job title? Get a personalized salary report!
$40k - $74k
$500 - $2k
$38k - $72k
Your Market Worth Over Time
How has your pay changed over time for your market? Find out by taking our salary quiz.
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. Buyers of industrial components monitor and research potential suppliers to fi…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.
Buyer, Industrial Components Job Listings
Popular Skills for Buyer, Industrial Components
Skills in Supplier Management are correlated to pay that is above average. Skills that pay less than market rate include Contract Negotiation, Negotiation and Materials Requirement Planning (MRP).
Pay by Experience Level for Buyer, Industrial Components
An entry-level Buyer, Industrial Components with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $44,980 based on 14 salaries. An early career Buyer, Industrial Components with 1-4 years of experience earns an average total compensation of $54,460 based on 64 salaries. A mid-career Buyer, Industrial Components with 5-9 years of experience earns an average total compensation of $52,934 based on 54 salaries. In their late career (20 years and higher), employees earn an average total compensation of $60,467.
Years of Experience
This data is based on 150 survey responses.