Procurement Director Salary

Wages for Procurement Directors in the United States are generous, with average pay above six figures ($119K) per year. Including potential for bonuses and profit sharing — peaking near $35K and $20K, respectively — total cash payment to Procurement Directors can bottom out near $70K or peak near $186K depending on individual performance. Geography is the biggest factor affecting pay for this group, followed by tenure. The majority of Procurement Directors (63 percent) who took the survey are men. For the most part, Procurement Directors enjoy their work and report high levels of job satisfaction. Most enjoy medical while a large number get dental coverage. Vision coverage is also available to a strong majority. The figures in this rundown are based on the results of PayScale's salary questionnaire.
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$70,983 - $158,555
$71K
$120K
$160K
MEDIAN: $118,769
10%
50%
90%

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$14.19 - $98.82
$14
$29
$99
MEDIAN: $29.28
10%
50%
90%

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$0$185K
Salary $70,983 - $158,555
Bonus $4,875 - $34,644
Profit Sharing $0.00 - $20,273
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).
)
$70,466 - $185,503
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 412
Hourly Data $0$98
Hourly Rate $14.19 - $98.82
Overtime $47.19
Annual Data $0$185K
Bonus $4,875 - $34,644
Profit Sharing $0.00 - $20,273
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).
)
$70,466 - $185,503
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 11

Find Out Exactly What You Should Be Paid

United States (change)

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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Many Procurement Directors move into a VP of Procurement role, and folks who currently hold that position report a much higher median income of $155K per year. Procurement Directors most frequently become Directors of Supply Chain Management and Purchasing Directors even though median compensation is $7K lower and $44K lower, respectively.

Procurement Director Job Listings

Popular Skills for Procurement Director


Procurement Directors report using a deep pool of skills on the job. Most notably, facility with Supplier Management, Sourcing, and Strategic Planning are correlated to pay that is significantly above average, leading to increases of 26 percent, 25 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. Those familiar with Contract Negotiation also tend to know Microsoft Office and Microsoft Word.

Pay by Experience Level for Procurement Director

Pay by Experience for a Procurement Director has a positive trend. An entry-level Procurement Director with less than 5 years of experience can expect to earn an average total compensation of $82,000 based on 35 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Procurement Director with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $112,000 based on 102 salaries. An experienced Procurement Director which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $140,000 based on 236 salaries. A Procurement Director with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $145,000 based on 134 salaries.

Pay Difference by Location

National Average: $128,518

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

For Procurement Directors, working in the bustling city of San Francisco has its advantages, including an above-average pay rate. Procurement Directors can also look forward to large paychecks in cities like Chicago (+30 percent), New York (+24 percent), Boston (+24 percent), and Houston (+22 percent). Location is a huge contributor to overall pay, with Procurement Directors in St. Louis earning a whopping 34 percent below the national average. Employers also pay below the national average in Cincinnati (12 percent lower) and Washington (8 percent lower).

Related Job Salaries

Key Stats for Procurement Director

Gender

Female
37 %
Male
63 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 58 votes.
1-4 years
6%
5-9 years
14%
10-19 years
45%
20 years or more
35%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Procurement Director Salaries

▲13%

▲9%

National Average
$129,000

▼13%

▼37%

Skills That Affect Procurement Director Salaries

Supplier Management
▲26%

Sourcing
▲25%

Strategic Planning
▲7%



Vendor Management
▲2%

Procurement
▲1%

Negotiation
▲1%

Purchasing
▼0%

National Average
$129,000


Operations Management
▼8%



Windows NT / 2000 / XP Networking
▼15%

Contract Management
▼31%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 58 votes.

Gender

Female
37 %
Male
63 %

Years of Experience

1-4 years
6%
5-9 years
14%
10-19 years
45%
20 years or more
35%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 82%
vision benefits
Vision: 76%
no benefits
None: 9%
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