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Procurement Manager Salary (United States)

A Procurement Manager earns an average salary of $78,670 per year. The highest paying skills associated with this job are Contract Negotiation and Contract Management.
Procurement Manager Salary (?
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.
)
$46,476 - $119,816
(Median)
46K
60K
79K
99K
120K
MEDIAN: $78,669
10%
25%
50%
75%
90%
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Procurement Manager Salary (?
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.
)
$15.00 - $34.94
(Median)
15
20
27
35
MEDIAN: $19.00
10%
50%
75%
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$50K$100K$150K
Salary
$46,476 - $119,816  
   
Bonus
$0.00 - $19,468  
Profit Sharing
$517 - $15,101  
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).
)
$44,493 - $129,714  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 1,421
National Hourly Rate 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$25$50$75
Hourly Rate
$15.00 - $34.94  
   
Overtime
$8.13 - $46.75  
National Annualized 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$50K$100K$150K
Bonus
$0.00 - $19,468  
   
Profit Sharing
$517 - $15,101  
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).
)
$44,493 - $129,714  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 89
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Job Description for Procurement Manager

A procurement manager is the primary point of contact between a business and its suppliers. Using superb analytical skills, a procurement manager identifies potential suppliers, screens them, and negotiates favorable payment terms with selected suppliers. After formalizing the supply contract with the aid of legal professionals, the procurement manager then monitors supplier performance to ensure contractual obligations are met and to help make the supply procurement process as cost-effective and efficient as possible.
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Procurement Manager Tasks
  • Prepare and process purchase orders and purchase requisitions, and maintain documentation of the acquisition of goods.
  • Manage staff and vendors for timely arrival of products and goods.
  • Manage flow of goods and supplies for optimum production, analyzing and adapting internal policies.
  • Negotiate contracts, policies and deadlines with suppliers and vendors.
  • Monitor prices by product and vendor to predict and account for financial fluctuations.

Common Career Paths for Procurement Manager

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Procurement Manager Job Listings

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Popular Employer Salaries for Procurement Manager

Popular Skills for Procurement Manager

Pay by Experience Level for Procurement Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference By Location

Washington
up arrow 32%
Boston
up arrow 28%
San Francisco
up arrow 25%
up arrow 19%
up arrow 15%
up arrow 15%
up arrow 12%
up arrow 11%
Miami
up arrow 10%
up arrow 6%
San Diego
up arrow 6%
Philadelphia
up arrow 5%
National Average
$80,000
Dallas
up arrow 4%
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

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Experience Affects Procurement Manager Salaries

National Average
$80,000

Skills That Affect Procurement Manager Salaries

Negotiation
up arrow 4%
National Average
$80,000
Procurement
up arrow 2%
Purchasing
up arrow 19%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 371 votes.

Gender

Female
38%
female alumni
 
Male
62%
male alumni

Years of Experience

Less than 1 year
1%
1-4 years
19%
5-9 years
26%
10-19 years
33%
20 years or more
21%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 80%
vision benefits Vision: 65% employee benefits None: 8%