Home > Salary > Singapore > Buyer Industrial Components
A buyer of industrial components is responsible for sourcing and procuring various components and parts used in industrial machinery and equipment. They work closely with suppliers, manufacturers, and internal stakeholders to ensure the availability of high-quality components at competitive prices. The role involves identifying and evaluating potential suppliers, negotiating contracts and pricing terms, managing inventory levels, and monitoring supplier performance. Buyers of industrial components also need to stay updated on market trends, technological advancements, and industry regulations to make informed purchasing decisions. Effective communication and strong negotiation skills are essential for this role, as well as the ability to analyze technical specifications and assess product quality.
Estimated Yearly Salary: 160,355 SGD
Estimated Monthly Salary: 13,363 SGD
Estimated Weekly Salary: 3,084 SGD per week
Estimated Hourly Salary: 77 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 12,941 SGD
Estimated Weekly Salary: 2,986 SGD per week
Estimated Hourly Salary: 75 SGD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 80,593 USD
Estimated Monthly Salary: 6,716 USD
Estimated Weekly Salary: 1,550 USD per week
Estimated Hourly Salary: 39 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 160,355 SGD
Estimated Monthly Salary: 13,363 SGD
Estimated Weekly Salary: 3,084 SGD per week
Estimated Hourly Salary: 77 SGD per hour
By working as Buyer Industrial Components a person can save up to 4,028 USD per month or 48,337 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Singapore, see costs of living in Singapore.
Estimated Yearly Salary for Buyer Industrial Components
Last revision of data: 2025-01-04
Data as of 2025
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Buyer Industrial Components salary in Singapore
Average Yearly Salary of Buyer Industrial Components in Singapore is approximately 160,355 SGD (80,593 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Buyer Industrial Components do?
A buyer of industrial components is responsible for sourcing and procuring various components and parts used in industrial machinery and equipment. They work closely with suppliers, manufacturers, and internal stakeholders to ensure the availability of high-quality components at competitive prices. The role involves identifying and evaluating potential suppliers, negotiating contracts and pricing terms, managing inventory levels, and monitoring supplier performance. Buyers of industrial components also need to stay updated on market trends, technological advancements, and industry regulations to make informed purchasing decisions. Effective communication and strong negotiation skills are essential for this role, as well as the ability to analyze technical specifications and assess product quality.
Skills: Industrial components buyer, Procurement specialist, Supply chain management, Supplier relationship management, Technical sourcing, Negotiation skills.
Job industry: Manufacturing
Job industry: Manufacturing
How much does Buyer Industrial Components make?
Salary details
How much does Buyer Industrial Components make?Estimated Yearly Salary: 160,355 SGD
Estimated Monthly Salary: 13,363 SGD
Estimated Weekly Salary: 3,084 SGD per week
Estimated Hourly Salary: 77 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 155,286 SGDEstimated Monthly Salary: 12,941 SGD
Estimated Weekly Salary: 2,986 SGD per week
Estimated Hourly Salary: 75 SGD per hour
Last revision of data: 2024-01-03Buyer Industrial Components estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 80,593 USD
Estimated Monthly Salary: 6,716 USD
Estimated Weekly Salary: 1,550 USD per week
Estimated Hourly Salary: 39 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Buyer Industrial Components job salary compared to average salary in Singapore.
Comparison shows that a person working as Buyer Industrial Components in Singapore earns on average:
1.68 times the average salary (or 168% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Buyer Industrial Components job salary compared to average salary in Singapore.
Comparison shows that a person working as Buyer Industrial Components in Singapore earns on average:
1.68 times the average salary (or 168% of average salary).
Is Buyer Industrial Components a well paid job?
Yes, our data shows that Buyer Industrial Components is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Buyer Industrial Components?
High salary for Buyer Industrial Components would be somewhere between 176,391 SGD and 232,515 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Buyer Industrial Components in Singapore?
Living in Singapore the approximate monthly expenses are: 2,688 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 160,355 SGD
Estimated Monthly Salary: 13,363 SGD
Estimated Weekly Salary: 3,084 SGD per week
Estimated Hourly Salary: 77 SGD per hour
By working as Buyer Industrial Components a person can save up to 4,028 USD per month or 48,337 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Singapore, see costs of living in Singapore.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Indonesia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Buyer Industrial Components
Malaysia is 21,180 USD
Indonesia is 12,661 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Singapore
(1,400,313 SGD per year, pre-tax.)
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5. Neurosurgeon
(1,091,467 SGD per year, pre-tax.)
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7. Oncologist
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Data as of 2025Random salary:
Earth moving equipment mechanic (70,791 SGD per year, pre-tax.)
Lab analyst (87,703 SGD per year, pre-tax.)
Technical art director (477,711 SGD per year, pre-tax.)
Academic officer (94,388 SGD per year, pre-tax.)
Nutrition advisor (118,267 SGD per year, pre-tax.)
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Please note:The salary figures on this website are meant for informational use exclusively.
This website offers salary estimates for informational purposes only. While we collect data from multiple sources, we cannot guarantee full reliability. Users are advised to review external organizations before making any career decisions. Salaries fluctuate due to numerous elements, such as market demand, employer policies, and geographic location. We make no warranty regarding the validity of the displayed salary figures. Your continued access of this site confirms your acceptance of these terms.
This website offers salary estimates for educational purposes only. While we collect data from various providers, we do not ensure absolute reliability. Users are encouraged to review trusted platforms before making any career moves. Salaries shift due to numerous elements, such as experience, industry trends, and negotiation tactics. We make no guarantee regarding the correctness of the displayed salary figures. Your use of this site confirms your understanding of these conditions.