Procurement Director Salary

On average, Procurement Directors in the United States earn six-figure salaries ($117K) annually, making for a very well-paid profession. Cash earnings for Procurement Directors — which occasionally include more than $35K from bonuses and more than $20K from profit sharing — stretch from around $73K to approximately $183K. Career length is the biggest factor affecting pay for this group, followed by geography. There are more male Procurement Directors than female among those who completed the questionnaire, making up 69 percent. Most Procurement Directors like their work and job satisfaction is high. Medical benefits are awarded to nearly all, and most earn dental coverage. The data for this snapshot was collected from individuals who took PayScale's salary survey.
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$72,263 - $155,866
(Median)
$72K
$120K
$160K
MEDIAN: $116,538
10%
50%
90%

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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
$72,263 - $155,866  
   
Bonus
$3,018 - $34,776  
Profit Sharing
$324.00 - $20,347  
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).
)
$73,167 - $183,106  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 541
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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.

Common Career Paths for Procurement Director


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Procurement Directors who move on to become VPs of Procurement may enjoy significant pay raises, as VPs of Procurement get paid an average of $153K per year. Procurement Directors most frequently become Purchasing Directors and Directors of Supply Chain Management even though median compensation is $42K lower and $5K lower, respectively.

Procurement Director Job Listings

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Popular Skills for Procurement Director


Survey participants wield an impressively varied skill set 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 30 percent, 27 percent, and 5 percent, respectively. At the other end of the pay range are skills like Windows NT / 2000 / XP Networking, Microsoft Word, and Contract Management. For most people, competency in Contract Negotiation indicates knowledge of 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 is an important factor influencing the compensation of Procurement Directors. Although employees with less than five years' experience earn around $90K on average, the five-to-10 year group has a much higher, six-figure median of $110K. Procurement Directors who work for 10 to 20 years in their occupation tend to earn about $136K. 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 $146K.

Pay Difference by Location

National Average: $126,252

Larger city markers indicate a job is popular in that location.

San Francisco offers some of the highest pay in the country for Procurement Directors, 31 percent above the national average. Procurement Directors can also look forward to large paychecks in cities like Houston (+19 percent), Seattle (+17 percent), San Diego (+13 percent), and Philadelphia (+12 percent). Trailing the national average by 7 percent, Dallas is the market with the smallest paychecks. St. Louis and Miami are a couple other places where companies are known to pay below the median — salaries are 4 percent lower and 3 percent lower, respectively.

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Experience Affects Procurement Director Salaries



National Average
$126,000



Skills That Affect Procurement Director Salaries

Supplier Management
up arrow 30%

Sourcing
up arrow 27%


Vendor Management
up arrow 4%

People Management
up arrow 3%

Procurement
up arrow 3%

Negotiation
up arrow 3%

Purchasing
up arrow 2%

National Average
$126,000

Windows Operating System General Use
up arrow 4%


Contract Management
up arrow 9%


Windows NT / 2000 / XP Networking
up arrow 14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 83 votes.

Gender

Female
31 %
Male
69 %

Years of Experience

Less than 1 year
1%
1-4 years
6%
5-9 years
15%
10-19 years
47%
20 years or more
31%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 86%
medical benefits
Vision: 75%
dental benefits
None: 5%
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