Ranieri has been criticised for using Alessandro del Piero sparingly this season, though the veteran struck twice in Saturday's victory at Lazio after being handed a rare 90 minutes.
Buffon said: "The victory at the Olimpico was down to Ranieri. I think the coach is running the team in the right way, getting the best from each player.
"In any case, Alex has always shown himself to be an excellent professional."