Junior buyers are accountable for the administrative and financial aspects to manage their business. They oversee various aspects of the supplier's products, including assessing quality and organizing the cost of shipping. They also coordinate purchases for the company with other departments and approve the use of resources. Junior buyers are required to keep precise records of prospective and current suppliers as well as their performance, so they must have strong ability to enter data. One of junior buyers' primary responsibilities is to manage the purchase records, both digital and physical. Junior buyers are responsible for obtaining estimates and identify the exact specifications for their company's requirements. They negotiate prices, and other terms with suppliers to guarantee the highest price and profit margins for their company. Junior buyers are able to reduce expenses and streamline supplier requirements They must also offer constant support to the management team. They must also keep up with the latest trends in market conditions in terms of materials and prices. They must adhere to strict purchasing guidelines and procedures, and also speed up orders and monitor delivery times to ensure satisfaction of the company. The junior buyer's principal tools is an individual computer that can create daily reports and purchasing requisitions and also transmit orders and documents for approval. Junior buyers should be great team players, and they must also function effectively on their own. They should have strong communication skills as they report and provide status reports to their manager or the president of their respective departments. They must possess excellent analytical skills and perform effectively under stress. An undergraduate degree from supply chain, business commerce, or a related fields is required to be considered for this job. Additionally, relevant certifications in business are an advantage.

The role of Junior Buyer is projected to experience steady growth in the United States job market. Over the past 10 years, this position has shown positive growth trends, indicating a strong demand for professionals in this field. According to recent data, the job outlook for Junior Buyers is expected to increase by approximately 7% in the next decade. This growth is attributed to the continuous expansion of businesses and the need for effective procurement strategies. Consequently, there will be a significant number of employment opportunities available for aspiring Junior Buyers in the future.

How to Learn

As a Junior Buyer with 0-3 years of experience in the United States, your main responsibilities include:<ul><li> Assisting in the procurement process by researching and identifying potential suppliers, obtaining quotes, and negotiating terms and prices.</li><li> Collaborating with various departments to understand their purchasing needs and ensuring timely delivery of goods and services.</li><li> Monitoring inventory levels and identifying opportunities for cost-saving and efficiency improvements.</li><li> Maintaining accurate records of purchases and contracts, analyzing data to identify trends and patterns, and preparing reports for management.</li></ul>

Roles & Responsibilities

Average take home Salary for a Junior Buyer in United States is around $45313 per year

Salary Breakup

Junior buyers are accountable for the administrative and financial aspects to manage their business. They oversee various aspects of the supplier's products, including assessing the quality of their products and organizing the cost of shipping. They also coordinate purchases for the company with other departments and approve the use of resources. Junior buyers are required to keep precise records of current and prospective suppliers as well as their performance, so they must have strong ability to enter data.


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Junior Buyer

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