Skills & Competencies for Buyer IV

Buyer IV job profile

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JOB SUMMARY for Buyer IV

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

JOB RESPONSIBILITIES for Buyer IV

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. May be responsible for checking and guiding the work of lower-level buyers.

Buyer IV SALARY RANGE

BASE 50%
$115,904
TOTAL 50%
$122,124
Job Level
P04
Job Code
MM18000047
Education/Degree
Bachelor's Degree
Reports To
Manager or Head of a Unit/Department

Buyer IV 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 IV 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 IV

1 Job Family Competencies – Enterprise Resource Planning (ERP)
Proficiency Level -3
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)
Describes the basic functionality of general ERP systems.
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Level 2 Behaviors
(Light Experience)
Gathers user requirements for current ERP business systems.
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Level 3 Behaviors
(Moderate Experience)
Executes ERP resource planning and configuration in accordance with our solution architecture designs.
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Level 4 Behaviors
(Extensive Experience)
Directs ERP migration and implementation to enhance business visibility and transparency.
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Level 5 Behaviors
(Mastery)
Builds ERP structures and systems to enable a collaboration-based and data-driven work environment.
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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)
Describes different ERP systems and transaction flows.
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Level 2 Behaviors
(Light Experience)
Collects and enters information from queries in ERP systems.
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Level 3 Behaviors
(Moderate Experience)
Implements advanced solutions to resolve issues on current ERP business systems.
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Level 4 Behaviors
(Extensive Experience)
Directs the implementation of solution architectures and design into the core ERP system.
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Level 5 Behaviors
(Mastery)
Develops enterprise-wide software projects to drive digital transformation for our business.
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3 Buyer IV - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Buyer IV
Proficiency Level - 4
5 Competency for - Buyer IV
Proficiency Level - 5

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

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)
Describes the importance of gathering relevant information in making informed business decisions.
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Level 2 Behaviors
(Light Experience)
Checks multiple sources to get complete and accurate information.
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Level 3 Behaviors
(Moderate Experience)
Asks questions and gathers the necessary information to make informed business decisions.
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Level 4 Behaviors
(Extensive Experience)
Monitors the overall process of records retention programs.
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Level 5 Behaviors
(Mastery)
Creates confidentiality agreements to ensure accurate submission of information from employees.
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2 Core Competencies – Financial Acumen
Proficiency Level -3
Skill definition-Obtaining financial information and applying financial understanding to foster sound judgment and correct business decisions.
Level 1 Behaviors
(General Familiarity)
Describes the differences between bookkeeping and accounting.
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Level 2 Behaviors
(Light Experience)
Applies techniques to maximize profit and minimize losses that affect our business's financial status.
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Level 3 Behaviors
(Moderate Experience)
Handles challenges and unexpected budgetary issues and adheres to corporate policies.
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Level 4 Behaviors
(Extensive Experience)
Develops clear financial vision to guide employees in achieving organizational purpose and goals.
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Level 5 Behaviors
(Mastery)
Creates strategies to reach critical financial goals and business objectives.
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3 Buyer IV - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Buyer IV
Proficiency Level - 4
5 Competency for - Buyer IV
Proficiency Level - 5

Summary of Buyer IV skills and competencies

There are 0 hard skills for Buyer IV.
12 general skills for Buyer IV, Enterprise Resource Planning (ERP), ERP Systems, Contract Negotiation, etc.
8 soft skills for Buyer IV, 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 IV, he or she needs to be skilled in Gathering Information, be skilled in Financial Acumen, and be skilled in Attention to Detail.

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