Procurement Analyst Salary

A Procurement Analyst earns an average salary of $57,679 per year. Skills that are associated with high pay for this job are Negotiation, Sourcing, Contract Negotiation, and Contract Management. Most people move on to other jobs if they have more than 20 years' experience in this career.
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$41,104 - $83,510
(Median)
$41K
$58K
$84K
MEDIAN: $57,679
10%
50%
90%

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$15.53 - $35.42
(Median)
$16
$22
$35
MEDIAN: $21.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$29K$58K$87K
Salary
$41,104 - $83,510  
   
Bonus
$0.00 - $7,871  
Profit Sharing
$1,468 - $6,638  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$39,866 - $85,107  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 741
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$15$30$45
Hourly Rate
$15.53 - $35.42  
   
Hourly Tips
$0.00  
Overtime
$22.32 - $44.10  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$30K$60K$90K
Bonus
$0.00 - $7,871  
   
Profit Sharing
$1,468 - $6,638  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$39,866 - $85,107  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 117
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Job Description for Procurement Analyst

A procurement analyst builds new relationships between the company and vendors, and ensures that these relationships are maintained to the satisfaction of all parties. The analyst also negotiates arrangements for the purchase of the goods, materials, and services the company requires within its budget limitations. In meetings with vendors, the procurement analyst must determine prices and set up a system of delivery, as well as research the market appropriately to ensure that the company is getting the best possible value. They must research the vendors to verify their credibility and ability to provide what is promised, as well as keep abreast of data resulting from the vendor relationship to make sure it is worth maintaining in its present form or at all.

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Procurement Analyst Tasks

  • Negotiate costs, specifications, and timelines with vendors and suppliers, ensuring beneficial contracts.
  • Coordinate payment, delivery, scheduling, and organization of purchases, and place orders to ensure ongoing supply.
  • Define, measure, and track categories for spending to provide targeted analyses of budget.
  • Collect and analyze organization-wide data to support decision-making groups.
  • Update system and inventory data, leading data quality and assurance.

Common Career Paths for Procurement Analyst


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Procurement Analyst Job Listings

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Popular Employer Salaries for Procurement Analyst

Popular Skills for Procurement Analyst

Pay by Experience Level for Procurement Analyst

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference by Location

National Average: $56,990

Larger city markers indicate a job is popular in that location.

Related Job Salaries

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Experience Affects Procurement Analyst Salaries




National Average
$57,000


Skills That Affect Procurement Analyst Salaries

Negotiation
up arrow 31%

Sourcing
up arrow 20%



Procurement
up arrow 7%



Purchasing
0%

National Average
$57,000

Data Analysis
up arrow 1%

Microsoft Excel
up arrow 2%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 105 votes.

Gender

Female
50 %
Male
50 %

Years of Experience

Less than 1 year
8%
1-4 years
52%
5-9 years
21%
10-19 years
14%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 78%
medical benefits
Vision: 66%
dental benefits
None: 12%
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