Skills & Competencies for Buyer III

JOB SUMMARY for Buyer III

Purchases materials, supplies and services at the most favorable terms for the organization.

JOB RESPONSIBILITIES for Buyer III

Qualifies vendors, evaluates bids, and negotiates prices and terms for purchased goods and services. Tracks purchases, monitors vendor quality, and maintains a current database of vendor information.

Buyer III SALARY RANGE

BASE 50%
$92,986
TOTAL 50%
$96,453
Job Level
P03
Job Code
MM18000003
Education/Degree
Bachelor's Degree
Reports To
Manager

Buyer III Skills and Competencies List

Proficiency Levels and Behavioural Indicators
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each Buyer III skill and competencie below to view definitions.

12 general skills or competencies (Job family competencies) for Buyer III

1 Job Family Competencies – Enterprise Resource Planning (ERP)
Proficiency Level -2
Skill definition-Managing and integrating business processes with a single system through an ERP system software to eliminate redundancies and boost productivity.
Level 1 Behaviors
(General Familiarity)
Cites the terminologies used in enterprise resource planning.
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Level 2 Behaviors
(Light Experience)
Follows standard operating procedures in entering and tracking business data into ERP systems.
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Level 3 Behaviors
(Moderate Experience)
Audits ERP to ensure security compliance and support system adjustments for business growth.
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Level 4 Behaviors
(Extensive Experience)
Creates and delivers project plans to enhance ERP systems.
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Level 5 Behaviors
(Mastery)
Adapts to ERP trends and best practices to efficiently direct business operations and data accuracy.
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2 Job Family Competencies – ERP Systems
Proficiency Level -3
Skill definition-Leveraging advanced tools and software systems to automate and manage core business functions cost-effectively to maximize performance.
Level 1 Behaviors
(General Familiarity)
Cites examples of ERP systems applicable to various businesses.
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Level 2 Behaviors
(Light Experience)
Assists in writing customized programs and scripts for ERP applications and configuration.
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Level 3 Behaviors
(Moderate Experience)
Adheres to software development methodologies in executing ERP systems to manage business functions.
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Level 4 Behaviors
(Extensive Experience)
Creates key metrics to measure the effectiveness of the existing ERP systems.
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Level 5 Behaviors
(Mastery)
Designs strategic plans to recommend system solutions and architectures to improve ERP capacity planning.
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3 Buyer III - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Buyer III
Proficiency Level - 4
5 Competency for - Buyer III
Proficiency Level - 5

8 soft skills or competencies (core competencies) for Buyer III

1 Core Competencies – Gathering Information
Proficiency Level -3
Skill definition-Accumulating necessary information from various resources to clarify the situation or make an informed business decision.
Level 1 Behaviors
(General Familiarity)
Cites examples of methods used to collect and compile information.
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Level 2 Behaviors
(Light Experience)
Applies techniques and tools to gather, organize, and archive pertinent information.
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Level 3 Behaviors
(Moderate Experience)
Analyzes employees' feedback to determine necessary changes to be implemented within our business.
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Level 4 Behaviors
(Extensive Experience)
Implements strategies to streamline the data collection process.
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Level 5 Behaviors
(Mastery)
Champions the adoption of advanced tools and methods to simplify the information-gathering process.
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2 Core Competencies – Financial Acumen
Proficiency Level -2
Skill definition-Obtaining financial information and applying financial understanding to foster sound judgment and correct business decisions.
Level 1 Behaviors
(General Familiarity)
Describes key financial literacy concepts and principles.
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Level 2 Behaviors
(Light Experience)
Analyzes data and interprets key financial indicators to help decision-making processes.
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Level 3 Behaviors
(Moderate Experience)
Adheres to financial budgets and resource allocations to properly manage transactions.
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Level 4 Behaviors
(Extensive Experience)
Consults on the methods and techniques in managing credit and debt.
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Level 5 Behaviors
(Mastery)
Builds systems and tools critical for measuring financial accountability in our business.
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3 Buyer III - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Buyer III
Proficiency Level - 4
5 Competency for - Buyer III
Proficiency Level - 5

Summary of Buyer III skills and competencies

There are 0 hard skills for Buyer III.
12 general skills for Buyer III, Enterprise Resource Planning (ERP), ERP Systems, Contract Negotiation, etc.
8 soft skills for Buyer III, Gathering Information, Financial Acumen, Attention to Detail, etc.
While the list totals 20 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Buyer III, he or she needs to be skilled in Gathering Information, be proficient in Financial Acumen, and be skilled in Attention to Detail.

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