Procurement Director Salary

Procurement Directors receive generous compensation in the United States — earning an average of $119K per year, their standard salaries shoot well into the six-figure range. Total cash earnings of Procurement Directors range from $72K on the low end to $185K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $35K and $18K, respectively. Geography and years of experience each impact pay for this group, with the former having the largest influence. Most workers in this position report high levels of job satisfaction. A large number report receiving medical coverage from their employers and most collect dental insurance. The majority of Procurement Directors (63 percent) survey respondents are male. The numbers in this rundown were provided by PayScale's salary survey participants.
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$72,081 - $158,092
$72K
$120K
$160K
MEDIAN: $118,739
10%
50%
90%

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$17.61 - $67.00
$30
MEDIAN: $30.34
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
$72,081 - $158,092  
   
Bonus
$4,921 - $34,714  
Profit Sharing
$0.00 - $18,121  
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).
)
$72,176 - $184,824  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 415
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
$30.34  
   
Overtime
$24.38  
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
$4,921 - $34,714  
   
Profit Sharing
$0.00 - $18,121  
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).
)
$72,176 - $184,824  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 9

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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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Many Procurement Directors move into VP of Procurement roles, in which average pay is a slightly higher $155K per year. Many Procurement Directors choose to become Director of Supply Chain Managements and Purchasing Directors as their careers advance. However, folks in those positions report median salaries of $8K less and $45K less, respectively.

Procurement Director Job Listings

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Popular Skills for Procurement Director


Survey takers working as Procurement Directors report using a large range of professional skills. Most notably, facility with Supplier Management, Sourcing, and Strategic Planning are correlated to pay that is significantly above average, leading to increases of 25 percent, 24 percent, and 6 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 educated in Contract Negotiation tend to be well versed in 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: $129,395

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

San Francisco is home to an above-average pay rate for Procurement Directors, 40 percent higher than the national average. Procurement Directors will also find cushy salaries in Chicago (+29 percent), New York (+24 percent), Boston (+23 percent), and Houston (+21 percent). Compared to the national average, St. Louis Procurement Directors have considerably lower salaries, 34 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession. Cincinnati and Washington are a couple other places where companies are known to pay below the median — salaries are 12 percent lower and 9 percent lower, respectively.

Related Job Salaries

Key Stats for Procurement Director

Gender

Female
38 %
Male
63 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 54 votes.
1-4 years
5%
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

▲12%

▲8%

National Average
$129,000

▼13%

▼37%

Skills That Affect Procurement Director Salaries

Supplier Management
▲25%

Sourcing
▲24%

Strategic Planning
▲6%



Vendor Management
▲2%

Procurement
▼0%

Negotiation
▼0%

National Average
$129,000

Purchasing
▼1%


Operations Management
▼9%



Windows NT / 2000 / XP Networking
▼16%

Contract Management
▼31%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 54 votes.

Gender

Female
38 %
Male
63 %

Years of Experience

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

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 81%
vision benefits
Vision: 76%
no benefits
None: 9%
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