Procurement Director Salary

Six-figure salaries are the norm for Procurement Directors in the United States, with median pay hovering around $112K per year. Overall cash earnings for Procurement Directors stretch from $74K on the lower end to $178K near the top, and the heftiest packages can encompass around $33K from bonuses and $21K from profit sharing. Career duration and the particular city each impact pay for this group, with the former having the largest influence. Most Procurement Directors like their work and job satisfaction is high. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a fair number. This overview is based on answers to PayScale's salary questionnaire.
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$72,057 - $153,272
(Median)
$72K
$110K
$150K
MEDIAN: $112,292
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
$72,057 - $153,272  
   
Bonus
$3,011 - $32,858  
Profit Sharing
$628 - $20,811  
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).
)
$73,950 - $177,672  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 459
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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


Procurement Directors seem to exploit a large range of skills on the job. Most notably, facility with Supplier Management, Sourcing, and Contract Negotiation are correlated to pay that is significantly above average, leading to increases of 29 percent, 6 percent, and 5 percent, respectively. 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 skilled in Microsoft Office are similarly competent in Microsoft Word and People Management. Those proficient in Contract Negotiation are, more often than not, also skilled in 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.


In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. The relatively untested earn a median of $91K per year, but survey respondents who have racked up five to 10 years of experience report a six-figure median of $108K. People with 10 to 20 years of experience make an average of about $131K in this role. Procurement Directors who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $137K on average.

Pay Difference by Location


For those looking to make money, Procurement Directors in San Francisco enjoy an exceptional pay rate, 30 percent above the national average. Procurement Directors will also find cushy salaries in Seattle (+18 percent), San Diego (+16 percent), Houston (+16 percent), and Washington (+16 percent). With compensation 6 percent below the national average, Dallas is not known for hefty paychecks and actually represents the lowest-paying market.

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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 2%

Vendor Management
up arrow 2%

Procurement
0%

National Average
$123,000




Windows NT / 2000 / XP Networking
up arrow 12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 74 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
31%

Common Health Benefits

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