Senior Buyer Salary at Mgs Manufacturing BETA

How much does a Mgs Manufacturing Senior Buyer make?

As of April 2025, the average annual salary for a Senior Buyer at Mgs Manufacturing is $93,742, which translates to approximately $45 per hour. Salaries for Senior Buyer at Mgs Manufacturing typically range from $84,436 to $102,637, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

MGS Manufacturing Overview

Website:
mgsmfg.com
Size:
1,000 - 3,000 Employees
Revenue:
$500M - $1B
Industry:
MFG Durable

Founded in 1982 MGS Manufacturing is a manufacturer of industrial molding products. MGS continues to embody its founders entrepreneurial spirit as a leading global provider of optimized manufacturing solutions for high-precision plastics products, across multiple industries.

See similar companies related to Mgs Manufacturing

What Skills Does a person Need at Mgs Manufacturing?

At Mgs Manufacturing, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Purchasing: Purchasing refers to a business or organization attempting to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Typically the word “purchasing” is not used interchangeably with the word “procurement”, since procurement typically includes expediting, supplier quality, and transportation and logistics (T&L) in addition to purchasing.
  2. Procurement: Procurement is the process of finding and agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Procurement is used to ensure the buyer receives goods, services, or works at the best possible price when aspects such as quality, quantity, time, and location are compared. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risks such as exposure to fraud and collusion. Almost all purchasing decisions include factors such as delivery and handling, marginal benefit, and price fluctuations. Procurement generally involves making buying decisions under conditions of scarcity. If sound data is available, it is good practice to make use of economic analysis methods such as cost-benefit analysis or cost-utility analysis.
  3. Supply chain: A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
  4. Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
  5. MRP: A system for calculating the materials and components needed to manufacture a product. Production planning, scheduling, and inventory control system used to manage manufacturing processes.

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Check more jobs information at Mgs Manufacturing

Job Title Average Mgs Manufacturing Salary Hourly Rate
2 Accounts Payable $50,975 $25
3 Automation Engineer $116,167 $56
4 Building And Grounds Maintenance $69,178 $33
5 Business System Analyst $106,856 $51
6 Commercial Finance Analyst $67,842 $33
7 Corporate Controller $259,694 $125
8 Customer Service Manager $102,705 $49
9 Director, Manufacturing $207,308 $100
10 Director, Project Management $179,932 $87
11 Doorman $28,702 $14
12 Field Service Manager $115,442 $56
13 General Manager $151,902 $73

Hourly Pay at Mgs Manufacturing

The average hourly pay at Mgs Manufacturing for a Senior Buyer is $45 per hour. The location, department, and job description all have an impact on the typical compensation for Mgs Manufacturing positions. The pay range and total remuneration for the job title are shown in the table below. Mgs Manufacturing may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $93,742 look to you?

FAQ about Salary and Jobs at Mgs Manufacturing

1. How much does Mgs Manufacturing pay per hour?
The average hourly pay is $45. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Mgs Manufacturing?
According to the data, the highest approximate salary is about $102,637 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Mgs Manufacturing?
According to the data, the lowest estimated salary is about $84,436 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.