How much does a Materials Procurement Buyer I make in Mount Prospect, IL? The average Materials Procurement Buyer I salary in Mount Prospect, IL is $65,170 as of May 28, 2024, but the range typically falls between $62,140 and $69,910. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Percentile | Salary | Location | Last Updated |
10th Percentile Materials Procurement Buyer I Salary | $59,381 | Mount Prospect,IL | May 28, 2024 |
25th Percentile Materials Procurement Buyer I Salary | $62,140 | Mount Prospect,IL | May 28, 2024 |
50th Percentile Materials Procurement Buyer I Salary | $65,170 | Mount Prospect,IL | May 28, 2024 |
75th Percentile Materials Procurement Buyer I Salary | $69,910 | Mount Prospect,IL | May 28, 2024 |
90th Percentile Materials Procurement Buyer I Salary | $74,226 | Mount Prospect,IL | May 28, 2024 |
The Materials Procurement Buyer I monitors and analyzes the commodities market, global economic conditions, and events to make informed purchase decisions. Purchases raw materials used to process and manufacture products or to conduct research or other business activities. Being a Materials Procurement Buyer I participates in bidding and contract negotiations to obtain the best pricing to meet commodity needs. Identifies, evaluates, and monitors suppliers to develop reliable sourcing and ensure the quality and availability of required commodities. In addition, Materials Procurement Buyer I analyzes inventory levels, manufacturing schedules, and long-term business objectives to plan and manage purchases. Complies with all applicable regulations and standards governing the purchase and delivery of goods. Typically requires a bachelor's degree in business, supply chain management or equivalent. Typically reports to a manager. Being a Materials Procurement Buyer I work is closely managed. Works on projects/matters of limited complexity in a support role. Working as a Materials Procurement Buyer I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
0 - 2 years experience
Bachelor's Degree
2 - 4 years experience
Bachelor's Degree
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Buyer I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Buyer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Buyer III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Buyer IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Job Title Commodity Buyer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
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About Mount Prospect, Illinois Mount Prospect is a village in Elk Grove and Wheeling Townships in Cook County, Illinois, about 20 miles (32 km) northwest of downtown Chicago, and ap....More
Mount Prospect, Illinois area prices were up 0.8% from a year ago View the Cost of Living in Mount Prospect, Illinois
Materials Procurement Buyer I Salary in popular cities: Chicago, Aurora, Rockford