Procurement Director Salary

On average, Procurement Directors in the United States earn six-figure salaries ($119K) annually, making for a very well-paid profession. With some bonuses approaching $35K and certain profit sharing proceeds approaching $20K, overall incomes of Procurement Directors spread between $72K and $184K depending on individual performance. Residence is the biggest factor affecting pay for this group, followed by career duration. Medical benefits are awarded to nearly all, and most earn dental coverage. For the most part, Procurement Directors enjoy their work and report high levels of job satisfaction. Most people who answered the questionnaire are men; 63 percent of Procurement Directors are male. The data for this snapshot was collected from individuals who took PayScale's salary survey.
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$72,125 - $157,126
$72K
$120K
$160K
MEDIAN: $119,309
10%
50%
90%

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$16.25 - $39.00
$29
MEDIAN: $29.28
50%

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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$70K$140K$210K
Salary
$72,125 - $157,126  
   
Bonus
$5,006 - $35,248  
Profit Sharing
$0.00 - $20,134  
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).
)
$72,148 - $184,010  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 400
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$50$100$150
Hourly Rate
$29.28  
   
Overtime
$47.19  
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$100K$200K$300K
Bonus
$5,006 - $35,248  
   
Profit Sharing
$0.00 - $20,134  
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).
)
$72,148 - $184,010  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 7

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United States (change)

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Job Description for Procurement Director

Procurement directors generally are upper-level managers that are part of the logistics of planning departments. They are typically responsible for overseeing the purchasing, logistics, and operations staff, ensuring that all departmental employees are providing excellent quality of work and meeting all company standards. Procurement directors provides leadership to supply chain and operations employees, as well as ensure all purchasing requests are completed in an efficient manner. The procurement director is also responsible for establishing approval guidelines for all purchase orders and ensuring all purchases are approved by the proper individuals. Additionally, procurement directors are responsible for cost-reduction initiatives, inventory management, and material budgets. The procurement director also provides analysis on all corporate suppliers. These directors work in a wide variety of industries, but these positions are most often found in manufacturing and engineering companies that do a high level of intricate purchasing.

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Procurement Director Tasks

  • Plan and direct policies and procedures for the purchasing of an organization's goods and services.
  • Maintain updated knowledge of market status and current rates for goods and services.
  • Review, analyze and monitor quotes and bids, negotiate contracts and service agreements.
  • Oversee purchasing sources for services, equipment and supplies.

Common Career Paths for Procurement Director


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A lot of Procurement Directors move on to become VPs of Procurement, that group gets paid a slightly higher $154K on average. Procurement Directors most frequently advance into Director of Supply Chain Management and Purchasing Director roles even though the median salaries are $7K lower and $44K lower, respectively.

Procurement Director Job Listings

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Popular Skills for Procurement Director


Survey respondents exploit a significant toolbox of skills in their work. Most notably, facility with Sourcing, Supplier Management, and Strategic Planning are correlated to pay that is significantly above average, leading to increases of 24 percent, 23 percent, and 7 percent, respectively. Those listing Contract Management as a skill should be prepared for drastically lower pay. Windows NT / 2000 / XP Networking and Microsoft Office also typically command lower compensation. For most people, competency in Contract Negotiation indicates knowledge of Microsoft Office and Microsoft Word.

Pay by Experience Level for Procurement Director

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


Procurement Directors who reported more years of relevant experience also reported higher earnings. Individuals with fewer than five years of experience earn $86K on average, but those in the five-to-10 year group see a six-figure median of $107K. Procurement Directors who work for 10 to 20 years in their occupation tend to earn about $138K. More than 20 years of experience mean a somewhat bigger median paycheck of $146K, but it's not much more than what less experienced people make.

Pay Difference by Location

National Average: $128,639

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

For those looking to make money, Procurement Directors in San Francisco enjoy an exceptional pay rate, 39 percent above the national average. Procurement Directors can also look forward to large paychecks in cities like Chicago (+28 percent), Houston (+22 percent), Boston (+17 percent), and New York (+16 percent). Procurement Directors in St. Louis make 34 percent less than the national average, proving that location is a major factor in pay. Employers pay around 8 percent less in Washington and 5 percent less in Tampa, below-median salaries for those in this field.

Related Job Salaries

Key Stats for Procurement Director

Gender

Female
37 %
Male
63 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 51 votes.
1-4 years
5%
5-9 years
16%
10-19 years
45%
20 years or more
33%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Procurement Director Salaries

▲14%

▲7%

National Average
$129,000

▼17%

▼33%

Skills That Affect Procurement Director Salaries

Sourcing
▲24%

Supplier Management
▲23%

Strategic Planning
▲7%

Negotiation
▲5%


▲2%


Vendor Management
▲2%

Purchasing
▼0%

National Average
$129,000


Operations Management
▼8%



Windows NT / 2000 / XP Networking
▼15%

Contract Management
▼32%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 51 votes.

Gender

Female
37 %
Male
63 %

Years of Experience

1-4 years
5%
5-9 years
16%
10-19 years
45%
20 years or more
33%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 82%
vision benefits
Vision: 76%
dental benefits
None: 7%
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