What Is An Associate Buyer

What Is An Associate Buyer We found that 4 7 of associate buyers have master s degrees Even though most associate buyers have a college degree it s possible to become one with only a high school degree or GED The most common majors for associate buyers are business specialized sales and merchandising and marketing

The responsibilities of an associate buyer are more likely to require skills like math vendor relations market trends and strong analytical On the other hand a job as a senior purchasing agent requires skills like project management supplier relationships continuous improvement and commodities How to Become an Associate Buyer Qualifications to become an associate buyer typically include a bachelor s degree in business or another relevant field and professional experience with the procurement of goods You must have proficiency in computer software programs such as Microsoft Office and understand materials requirement planning

What Is An Associate Buyer

What Is An Associate Buyer
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What Is An Associate Company And How Does It Work
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Associate buyers must maintain accurate records for the company and monitor inventory quality and contracts at all times The following chart gives an overview about what you need to know before entering this field Degree Required Bachelor s degree or prior work experience in related field Associate Buyers purchase farm products either for further processing or resale Includes tree farm contractors grain brokers and market operators grain buyers and tobacco buyers May negotiate contracts Buy merchandise or commodities other than farm products for resale to consumers at the wholesale or retail level including both durable

Associate buyers and purchasers earned a medial annual wage of 86 160 in May 2008 The middle half of the profession earned between 67 370 and 115 830 annually Some buyers can earn more than 142 000 while others earn less than 52 000 per year Those who purchase farm products earned 49 670 annually on average in May 2008 The average salary for an Associate Buyer is 60 724 in 2024 Base Salary 45k 78k Bonus 695 7k Profit Sharing 423 4k Total Pay 42k 78k

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The Associate Buyer role is an important position within the retail industry It involves assisting the buyer with the planning selection purchasing and delivery of merchandise as well as maintaining relationships with suppliers As an Associate Buyer you will need to be able to analyze market trends and consumer demand to make informed An Associate Buyer typically needs at least a bachelor s degree in business although a degree in a related field such as economics or finance is also acceptable Certification is not required but can be helpful in advancing one s career

The estimated total pay for a Associate Buyer is 79 054 per year in the United States area with an average salary of 72 068 per year These numbers represent the median which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users The estimated additional pay is 6 986 per An Associate Buyer plays a critical role in the retail industry They are responsible for assisting in the purchasing and procurement of goods and services for a store ensuring that products are available for customers to purchase Associate Buyers work closely with suppliers vendors and distributors to negotiate prices and secure high

Important Skills For Sales Associate Jobs
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What Is An Associate Buyer - Each job has different responsibilities and duties While it typically takes 2 4 years to become an Associate Buyer becoming an Assistant Buyer takes usually requires More than 10 years Additionally Associate Buyer has a higher average salary of 49 963 compared to Assistant Buyer pays an average of 49 586 annually