Procurement Analyst Salary

A Procurement Analyst earns an average salary of $59,782 per year. Skills that are associated with high pay for this job are Microsoft Office, Sourcing, and Contract Negotiation. Most people move on to other jobs if they have more than 20 years' experience in this career.
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$42,626 - $81,252
$43K
$60K
$81K
MEDIAN: $59,782
10%
50%
90%

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$15.52 - $33.79
$16
$22
$34
MEDIAN: $22.20
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$28K$56K$84K
Salary
$42,626 - $81,252  
   
Bonus
$1,028 - $8,676  
Profit Sharing
$3,250  
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).
)
$40,901 - $83,068  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 624
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$16$32$48
Hourly Rate
$15.52 - $33.79  
   
Overtime
$19.77 - $45.82  
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$32K$64K$96K
Bonus
$1,028 - $8,676  
   
Profit Sharing
$3,250  
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).
)
$40,901 - $83,068  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 92

Find Out Exactly What You Should Be Paid

United States (change)

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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: $59,324

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

Related Job Salaries

Key Stats for Procurement Analyst

Gender

Female
51 %
Male
49 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 72 votes.
Less than 1 year
10%
1-4 years
49%
5-9 years
23%
10-19 years
13%
20 years or more
5%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Procurement Analyst Salaries

▲22%

▲17%

▲11%

National Average
$59,000

▼7%

Skills That Affect Procurement Analyst Salaries

Microsoft Office
▲23%

Sourcing
▲16%



▲5%


National Average
$59,000


▼1%

▼1%

Vendor Management
▼1%



Inventory Management
▼8%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 72 votes.

Gender

Female
51 %
Male
49 %

Years of Experience

Less than 1 year
10%
1-4 years
49%
5-9 years
23%
10-19 years
13%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 84%
vision benefits
Vision: 72%
dental benefits
None: 9%
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