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Procurement Director Salary

Wages for Procurement Directors in the United States are generous, with average pay above six figures ($112K) per year. Total incomes of Procurement Directors incorporate potential for, in a few cases, more than $32K from bonuses and close to $21K from profit sharing; these performance components cause packages to range between $74K and $177K. Career duration and the particular city each impact pay for this group, with the former having the largest influence. Job satisfaction is high and work is enjoyable for most Procurement Directors. Medical benefits are awarded to almost all, and a large number earn dental coverage. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$72,473 - $152,677
(Median)
$72K
$110K
$150K
MEDIAN: $112,274
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
$72,473 - $152,677  
   
Bonus
$2,977 - $31,562  
Profit Sharing
$1,250 - $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).
)
$74,126 - $177,031  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 450

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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

  • 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 deep pool of skills on the job. Lucky workers who know Supplier Management can expect a significant pay bump, scoring salaries 29 percent above average. Contract Negotiation and Sourcing are also correlated to pay that is above average, with increases between 6 percent and 29 percent. Skills that are correlated to lower pay, on the other hand, 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. Skill sets containing Microsoft Office also tend to include 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 who reported more years of relevant experience also reported higher earnings. Although employees with less than five years' experience earn around $91K on average, the five-to-10 year group has a much higher, six-figure median of $108K. Procurement Directors see a median salary of $130K after reaching one to two decades on the job. 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 $138K.

Pay Difference by Location


Seattle is home to an above-average pay rate for Procurement Directors, 19 percent higher than the national average. Procurement Directors will also find cushy salaries in San Diego (+16 percent), Philadelphia (+16 percent), Portland (+11 percent), and Miami (+10 percent).

Related Job Salaries

United States (change)

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%

Vendor Management
up arrow 2%

Procurement
up arrow 1%

National Average
$123,000




Windows NT / 2000 / XP Networking
up arrow 11%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 80 votes.

Gender

Female
30 %
Male
70 %

Years of Experience

Less than 1 year
1%
1-4 years
5%
5-9 years
14%
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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