Procurement Director Salary

Procurement Directors in the United States see excellent average salaries — about $112K annually. With some bonuses approaching $32K and certain profit sharing proceeds approaching $21K, overall incomes of Procurement Directors spread between $74K and $178K depending on individual performance. Career duration and the particular city each impact pay for this group, with the former having the largest influence. The majority of Procurement Directors (69 percent) survey respondents are male. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a fair number. Most workers in this position report high levels of job satisfaction. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$72,024 - $153,122
(Median)
$72K
$110K
$150K
MEDIAN: $111,915
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
$72,024 - $153,122  
   
Bonus
$2,983 - $32,434  
Profit Sharing
$824 - $20,969  
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).
)
$73,959 - $177,751  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 457
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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.

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Popular Skills for Procurement Director


Survey participants wield an impressively varied skill set on the job. Lucky workers who know Supplier Management can expect a significant pay bump, scoring salaries 29 percent above average. Sourcing and Contract Negotiation are also correlated to pay that is above average, with increases between 6 percent and 29 percent. Skills that pay less than market rate include Windows NT / 2000 / XP Networking, Microsoft Word, and Windows Operating System General Use. Those who learned Microsoft Office also tend to know Microsoft Word and People Management. The majority of those who know Contract Negotiation also know People Management and Microsoft Word.

Pay by Experience Level for Procurement Director

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


Experience does not seem to be a strong driver of pay increase in this role. Although inexperienced employees take home approximately $91K, those who have five to 10 years under their belts benefit from a six-figure median of $108K. Procurement Directors claiming one to two decades of experience make an estimated median of $131K. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $136K.

Pay Difference by Location


Home to some of the best pay for Procurement Directors, San Francisco offers exceptional salaries, 30 percent above the national average. Procurement Directors will also find cushy salaries in Seattle (+19 percent), San Diego (+16 percent), Houston (+16 percent), and Washington (+16 percent). Trailing the national average by 5 percent, Atlanta is the market with the smallest paychecks.

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Experience Affects Procurement Director Salaries



National Average
$123,000



Skills That Affect Procurement Director Salaries

Supplier Management
up arrow 29%


Sourcing
up arrow 6%

Purchasing
up arrow 5%

People Management
up arrow 3%

Procurement
up arrow 2%

Vendor Management
up arrow 2%

National Average
$123,000




Windows NT / 2000 / XP Networking
up arrow 11%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 76 votes.

Gender

Female
31 %
Male
69 %

Years of Experience

Less than 1 year
1%
1-4 years
5%
5-9 years
15%
10-19 years
48%
20 years or more
31%

Common Health Benefits

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