Skills & Competencies for Buyer III

Buyer III job profile

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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%
$91,107
TOTAL 50%
$94,336
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.
JOB FAMILY COMPETENCIES CORE COMPETENCIES
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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)
Explains how to use the ERP system for multiple business processes of an organization.
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Level 2 Behaviors
(Light Experience)
Maintains accuracy of customer requirements and data in ERP system.
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Level 3 Behaviors
(Moderate Experience)
Manages daily ERP operations to ensure performance reliability of the ERP systems.
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Level 4 Behaviors
(Extensive Experience)
Provides training to stakeholders to streamline and improve ERP operations.
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Level 5 Behaviors
(Mastery)
Develops ERP implementation plans to manage business complexities and increase process efficiency.
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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)
Documents best practices to ensure successful ERP implementation.
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Level 2 Behaviors
(Light Experience)
Documents requirements and challenges that affect ERP system implementation.
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Level 3 Behaviors
(Moderate Experience)
Uses the ERP system to synthesize a consolidated production plan.
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Level 4 Behaviors
(Extensive Experience)
Manages large-scale ERP rollouts in the system implementation project.
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Level 5 Behaviors
(Mastery)
Leads the integration and alignment of ERP system standards into strategic technology decisions.
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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)
Lists the principles and procedures of gathering information.
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Level 2 Behaviors
(Light Experience)
Determines the source of information to verify its reliability.
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Level 3 Behaviors
(Moderate Experience)
Uses survey results to identify areas that need improvement within our business.
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Level 4 Behaviors
(Extensive Experience)
Recommends improvement of our business's records retention program.
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Level 5 Behaviors
(Mastery)
Generates innovative plans for curating and managing gathered information from different sources.
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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)
Lists and explains the roles of major financial reports.
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Level 2 Behaviors
(Light Experience)
Communicates financial information and movements effectively to senior management.
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Level 3 Behaviors
(Moderate Experience)
Reconciles figures during budgeting period and identifies variances that require immediate action.
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Level 4 Behaviors
(Extensive Experience)
Oversees all aspects of our business's monetary transactions and economic value to promote financial stability.
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Level 5 Behaviors
(Mastery)
Monitors our business's overall performance and adjusts the allocation of finances based on progress against goals.
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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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