Senior Buyer in Minneapolis, Minnesota Salary

The average pay for a Senior Buyer in Minneapolis, Minnesota is $78,763 per year. A skill in Procurement is associated with high pay for this job. Most people in this job have more than five years' experience in related jobs.

$56,112 - $102,040
$56K
$64K
$100K
MEDIAN: $64,473
10%
50%
90%

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$0$109K
Salary $56,112 - $102,040
Bonus $496.65 - $19,574
Profit Sharing $2,100
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).
)
$57,608 - $109,592
  • Country: United States
  • Currency: USD
  • Updated: 16 Nov 2017
  • Individuals Reporting: 23

Job Description for Senior Buyer

The senior buyer is responsible for negotiating long-term and short-term transactions with vendors. This position also plans and incorporates strategic purchasing plans company-wide. The senior buyer is also responsible for collecting and gathering data on potential suppliers and carriers. In addition, they schedule shipping times and manage the requirements of freight travel. They also disperse information about purchasing and sales to the necessary members of production, purchasing, and sales teams. The senior buyer also negotiates the prices for services and/or products.

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Senior Buyer 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.

About Minneapolis, Minnesota

Hennepin County, Minnesota
410,935
Male:
206,547 (50.3%)
Female:
204,388 (49.7%)
Minneapolis (/ˌmɪniˈæpəlɪs/) is the county seat of Hennepin County, and larger of the Twin Cities, the 16th-largest metropolitan area in the United States, containing about 3.5 million residents. As of 2015, Minneapolis is the largest city in the state of Minnesota and 46th-largest in the United States with a population of 410,939. Minneapolis and Saint Paul anchor the second-largest economic center in the Midwest, after Chicago. Minneapolis lies on both banks of the Mississippi River, just north of the river's confluence with the Minnesota River, and adjoins Saint Paul, the state's capital. The city is abundantly rich in water, with thirteen lakes, wetlands, the Mississippi River, creeks and waterfalls, many connected by parkways in the Chain of Lakes and the Grand Rounds National Scenic Byway. It was once the world's flour milling capital and a hub for timber. The city and surrounding region is the primary business center between Chicago and...
Minneapolis:
$54,571
Minnesota:
$63,488
$912
Minneapolis:
$227,500
Minnesota:
$200,000
4.3%

Senior Buyer Job Listings

Key Stats for Senior Buyer

Gender

Female
44 %
Male
56 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 5 votes.
1-4 years
26%
5-9 years
26%
10-19 years
17%
20 years or more
30%

Experience Affects Senior Buyer Salaries

▲21%

Mid-Career
▲17%

Late-Career
▲2%

National Average
$67,000

Skills That Affect Senior Buyer Salaries

Procurement
▲50%

Contract Negotiation
▲26%

Sourcing
▲25%

Supplier Management
▲19%

Vendor Management
▲19%

National Average
$67,000

Negotiation
▼2%

Inventory Management
▼9%

Job Satisfaction

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

Gender

Female
44 %
Male
56 %

Years of Experience

1-4 years
26%
5-9 years
26%
10-19 years
17%
20 years or more
30%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 95%
vision benefits
Vision: 57%
no benefits
None: 5%