Procurement Director Salary

Salaries for Procurement Directors in the United States are generous, with average pay above six figures ($120K) per year. Total cash compensation for Procurement Directors runs from $72K to $184K depending on bonuses that can occasionally exceed $35K and profit sharing that can reach almost $18K. Location and career duration each impact pay for this group, with the former having the largest influence. Most Procurement Directors report high levels of job satisfaction. The majority of Procurement Directors (63 percent) survey respondents are male. A large number enjoy medical while most get dental coverage. Vision coverage is also available to a fair number. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$72,232 - $157,486
$72K
$120K
$160K
MEDIAN: $120,264
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
$72,232 - $157,486  
   
Bonus
$4,979 - $34,919  
Profit Sharing
$0.00 - $18,383  
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).
)
$72,265 - $184,300  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 386
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
$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
$4,979 - $34,919  
   
Profit Sharing
$0.00 - $18,383  
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).
)
$72,265 - $184,300  
Country: United States | Currency: USD | Updated: 25 Mar 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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Many Procurement Directors move into VP of Procurement roles, in which average pay is a slightly higher $155K per year. A lot of Procurement Directors advance their careers by becoming Directors of Supply Chain Management and Purchasing Directors. However, those positions offer $9K less and $46K less per year on average.

Procurement Director Job Listings

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Popular Skills for Procurement Director


Procurement Directors report using a large range 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 24 percent, 23 percent, and 5 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. The majority of those who know Contract Negotiation also know 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.


Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. Although inexperienced employees take home approximately $82K, those who have five to 10 years under their belts benefit from a six-figure median of $112K. For Procurement Directors, 10 to 20 years of experience on the job amounts to an average salary of $140K. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $145K.

Pay Difference by Location

National Average: $130,651

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 will also find cushy salaries in Chicago (+28 percent), New York (+22 percent), Boston (+22 percent), and Houston (+20 percent). Location is a huge contributor to overall pay, with Procurement Directors in St. Louis earning a whopping 35 percent below the national average. Not at the bottom but still paying below the median are employers in Cincinnati and Washington (13 percent lower and 10 percent lower, respectively).

Related Job Salaries

Key Stats for Procurement Director

Gender

Female
37 %
Male
63 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 49 votes.
1-4 years
5%
5-9 years
15%
10-19 years
46%
20 years or more
34%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Procurement Director Salaries

▲11%

▲7%

National Average
$131,000

▼14%

▼38%

Skills That Affect Procurement Director Salaries

Supplier Management
▲24%

Sourcing
▲23%

Strategic Planning
▲5%



Vendor Management
▲1%

Procurement
▼0%

National Average
$131,000

Negotiation
▼1%

Purchasing
▼2%


Operations Management
▼9%



Windows NT / 2000 / XP Networking
▼17%

Contract Management
▼32%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 49 votes.

Gender

Female
37 %
Male
63 %

Years of Experience

1-4 years
5%
5-9 years
15%
10-19 years
46%
20 years or more
34%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 81%
vision benefits
Vision: 76%
dental benefits
None: 8%
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