What is a planner/buyer and how to become one

Updated January 8, 2025
4 min read
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Planners/buyers are responsible for managing a company's inventory and purchasing goods to meet customer demand. They analyze sales data and market trends to make purchasing decisions, negotiate with suppliers, and ensure timely delivery of goods. They must also maintain relationships with vendors and manage budgets to maximize profits. These roles are critical to ensuring that a company has the right products at the right time to meet customer needs.

ScorePlanner/BuyerUS Average
Salary
4.2

Avg. Salary $54,261

Avg. Salary $59,228

Stability Level
7.9

Growth Rate -3%

Growth Rate 0.3%

Diversity
4.3
Race

American Indian and Alaska Native 0.78%

Asian 7.86%

Black or African American 9.11%

Hispanic or Latino 12.48%

Unknown 4.41%

White 65.37%

Gender

female 52.11%

male 47.89%

Age - 49
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 49
Stress Level
7.9

Stress level is high

7.1 - high

Complexity Level
8.9

Complexity Level is advanced

7 - challenging

Work Life Balance
4.1

Work Life balance is poor

6.4 - fair

What are the pros and cons of being a Planner/Buyer?

Pros

  • Opportunity to work with a variety of brands and products

  • Chance to make a tangible impact on the success of a business

  • Ability to develop analytical and strategic thinking skills

  • Potential for travel and networking opportunities

  • Creative problem-solving is an integral part of the role

Cons

  • Continuous pressure to meet sales targets and volume goals

  • Limited flexibility due to the need to adhere to strict budgets and timelines

  • High level of accountability for results and performance metrics

  • Can be challenging to juggle competing demands from multiple stakeholders

  • Decision-making can be complex and require a significant amount of data analysis.

Planner/Buyer career paths

Key steps to become a planner/buyer

  1. Explore planner/buyer education requirements

    Most common planner/buyer degrees

    Bachelor's

    65.4 %

    Associate

    18.1 %

    Master's

    7.8 %
  2. Start to develop specific planner/buyer skills

    Skills
    ascdesc
    Percentages
    ascdesc
    Supply Chain14.28%
    Purchase Orders13.80%
    Customer Service6.73%
    MRP6.10%
    ERP3.18%
  3. Complete relevant planner/buyer training and internships

    Accountants spend an average of Less than 1 month on post-employment, on-the-job training. New planner/buyers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a planner/buyer based on U.S. Bureau of Labor Statistics data and data from real planner/buyer resumes.
  4. Research planner/buyer duties and responsibilities

    • Manage assign commodities by communicating MRP changes to the suppliers, minimizing obsolete inventory while achieving the optimum inventory levels.
    • Manage monthly and year end physical inventory audits of all raw materials, WIP, and finish goods.
    • Manage inventory pipelines from NPI to manufacturing and/or offshore contract manufacturers.
    • Utilize company ERP system for inventory management and schedule optimization.
  5. Prepare your planner/buyer resume

    When your background is strong enough, you can start writing your planner/buyer resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a planner/buyer resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose From 10+ Customizable Planner/Buyer Resume templates

    Build a professional Planner/Buyer resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your Planner/Buyer resume.
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  6. Apply for planner/buyer jobs

    Now it's time to start searching for a planner/buyer job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How Did You Land Your First Planner/Buyer Job

Zippi

Are you a Planner/Buyer?

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Average planner/buyer salary

The average Planner/Buyer salary in the United States is $54,261 per year or $26 per hour. Planner/buyer salaries range between $37,000 and $77,000 per year.

Average Planner/Buyer Salary
$54,261 Yearly
$26.09 hourly

What Am I Worth?

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How do planner/buyers rate their job?

-/5

5 Stars

4 Stars

3 Stars

2 Stars

1 Star

Planner/Buyer reviews

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A zippia user wrote a review on Mar 2020
Pros

its a challenging work. you need lot of potential to be materials manager.


profile
A zippia user wrote a review on Nov 2019
Pros

KEEPING THE INVENTORY AND COMMUNICATING WITH PEOPLE


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A zippia user wrote a review on May 2019
Pros

To be involved in negotiations

Cons

I like all in this job, because I have the choise to be in relation with a lot of persons and know what they are doing against purchasing also what the use to buy and under what coondition


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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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