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Procurement Director Salary

On average, Procurement Directors in the United States earn six-figure salaries ($112K) annually, making for a very well-paid profession. Total incomes of Procurement Directors incorporate potential for, in a few cases, more than $32K from bonuses and close to $22K from profit sharing; these performance components cause packages to range between $74K and $177K. Career duration is the biggest factor affecting pay for this group, followed by geography. There are more male Procurement Directors than female among those who completed the questionnaire, making up 69 percent. For the most part, Procurement Directors enjoy their work and report high levels of job satisfaction. Nearly all report receiving medical coverage from their employers and most collect dental insurance. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$71,775 - $152,908
(Median)
$72K
$110K
$150K
MEDIAN: $111,537
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$60K$120K$180K
Salary
$71,775 - $152,908  
   
Bonus
$2,977 - $31,562  
Profit Sharing
$1,532 - $21,532  
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).
)
$73,518 - $177,305  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 443

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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

  • Review, analyze and monitor quotes and bids, negotiate contracts and service agreements.
  • Oversee purchasing sources for services, equipment and supplies.
  • 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.

Procurement Director Job Listings

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Popular Skills for Procurement Director


Procurement Directors report using a pretty varied skill set on the job. Most notably, skills in Contract Negotiation, Sourcing, Purchasing, and People Management are correlated to pay that is above average, with boosts in pay of 7 percent. Skills that pay less than market rate include Windows NT / 2000 / XP Networking, Microsoft Word, and Windows Operating System General Use. Most people familiar with Contract Negotiation also know People Management and Microsoft Word. Most people skilled in Microsoft Office are similarly competent in Microsoft Word and People Management.

Pay by Experience Level for Procurement Director

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


Procurement Directors with a rich background of experience are typically rewarded with larger paychecks. Although inexperienced employees take home approximately $89K, those who have five to 10 years under their belts benefit from a six-figure median of $107K. Procurement Directors see a median salary of $129K after reaching one to two decades on the job. Procurement Directors who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $140K.

Pay Difference by Location


San Diego offers some of the highest pay in the country for Procurement Directors, 20 percent above the national average. Procurement Directors can also look forward to large paychecks in cities like Seattle (+19 percent), Philadelphia (+16 percent), Portland (+13 percent), and Miami (+10 percent).

Related Job Salaries

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Experience Affects Procurement Director Salaries



National Average
$122,000



Skills That Affect Procurement Director Salaries


Purchasing
up arrow 6%

Sourcing
up arrow 6%

People Management
up arrow 3%

Vendor Management
up arrow 3%

National Average
$122,000

Procurement
up arrow 2%

Microsoft Office
up arrow 4%



Windows NT / 2000 / XP Networking
up arrow 11%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 84 votes.

Gender

Female
31 %
Male
69 %

Years of Experience

Less than 1 year
1%
1-4 years
5%
5-9 years
14%
10-19 years
48%
20 years or more
32%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 85%
vision benefits Vision: 74% employee benefits None: 5%