Procurement Director Salary

Procurement Directors in the United States see excellent average salaries — about $113K annually. In the world of Procurement Directors, overall cash allowance can occasionally include more than $31K from bonuses and, in some exceptional cases, $21K from profit sharing, causing incomes to vary widely between $74K and $178K. 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. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a fair number. The figures in this rundown are based on the results of PayScale's salary questionnaire.
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$71,990 - $153,845

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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$60K$120K$180K
Salary
$71,990 - $153,845  
   
Bonus
$3,003 - $31,109  
Profit Sharing
$634 - $20,729  
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).
)
$73,826 - $178,058  
Country: United States | Currency: USD | Updated: 18 Jul 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.

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. Most notably, facility with Supplier Management, Sourcing, and Contract Negotiation are correlated to pay that is significantly above average, leading to increases of 28 percent, 6 percent, and 5 percent, respectively. Skills that pay less than market rate include Microsoft Word, Windows NT / 2000 / XP Networking, and Windows Operating System General Use. Most people experienced in Contract Negotiation also know People Management and Microsoft Word. Those proficient in Microsoft Office are, more often than not, also skilled 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.


For many Procurement Directors, experience and pay levels seem to be correlated; more years in the business generally lead to more money. 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 $107K. People with 10 to 20 years of experience make an average of about $131K in this role. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $138K.

Pay Difference by Location


San Francisco offers some of the highest pay in the country for Procurement Directors, 29 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 7 percent, Dallas 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 28%

Sourcing
up arrow 6%


Purchasing
up arrow 4%

People Management
up arrow 3%

Procurement
up arrow 3%

Vendor Management
up arrow 2%

National Average
$123,000




Windows NT / 2000 / XP Networking
up arrow 12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 71 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
47%
20 years or more
32%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 86%
vision benefits Vision: 74% employee benefits None: 5%
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