Procurement Analyst Salary

A Procurement Analyst earns an average salary of $56,617 per year. Skills that are associated with high pay for this job are Negotiation, Sourcing, Contract Management, Contract Negotiation, and Project Management. Most people move on to other jobs if they have more than 20 years' experience in this career.
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$40,001 - $83,448

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$15.19 - $34.77

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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
$40,001 - $83,448  
   
Bonus
$0.00 - $7,661  
Profit Sharing
$587 - $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).
)
$38,524 - $84,059  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 609
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
$15.19 - $34.77  
   
Overtime
$21.87 - $43.88  
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 - $7,661  
   
Profit Sharing
$587 - $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).
)
$38,524 - $84,059  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 98
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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

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Experience Affects Procurement Analyst Salaries




National Average
$56,000


Skills That Affect Procurement Analyst Salaries

Negotiation
up arrow 34%

Sourcing
up arrow 23%





Purchasing
up arrow 1%

Data Analysis
0%

National Average
$56,000

Microsoft Excel
up arrow 1%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 99 votes.

Gender

Female
51 %
Male
49 %

Years of Experience

Less than 1 year
8%
1-4 years
50%
5-9 years
21%
10-19 years
15%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 77%
vision benefits Vision: 64% employee benefits None: 12%
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