The average salary for a Procurement Manager is $76,746 per year. Experience has a moderate effect on income for this job. The skills that increase pay for this job the most are Contract Negotiation, Contract Management, and Supply Chain.
Procurement Manager Total Pay (?
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.
)
$44,917 - $117,056
(Median)
45K
57K
77K
97K
120K
MEDIAN: $76,745
10%
25%
50%
75%
90%
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Procurement Manager Total Pay (?
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.
)
$14.76 - $44.56
(Median)
15
29
45
MEDIAN: $20
10%
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
$44,917 - $117,056  
   
Bonus
$0.00 - $19,536  
Profit Sharing
$515 - $15,152  
Commission
$0.00 - $30,410  
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).
)
$43,040 - $127,806  
PayScale
Country: United States | Currency: USD | Updated: 24 Apr 2014 | Individuals Reporting: 1,596
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
$14.76 - $44.56  
   
Overtime
$9.82 - $47.68  
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 - $19,536  
   
Commission
$0.00 - $30,410  
Profit Sharing
$515 - $15,152  
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).
)
$43,040 - $127,806  
PayScale
Country: United States | Currency: USD | Updated: 24 Apr 2014 | Individuals Reporting: 1,596
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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.
Read more about: Purchasing Managers
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
up arrow 20%
Cincinnati
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up arrow 18%
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Jacksonville
up arrow 11%
up arrow 9%
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St. Louis
up arrow 7%
Philadelphia
up arrow 6%
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Dallas
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National Average
$79,000
Charlotte
up arrow 3%
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Procurement Manager Salaries

National Average
$79,000

Skills That Affect Procurement Manager Salaries

National Average
$79,000
Procurement
up arrow 2%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 376 votes.
Gender
Female
37%
female alumni
 
Male
63%
male alumni
Years of Experience
Less than 1 year
1%
1-4 years
20%
5-9 years
25%
10-19 years
33%
20 years or more
20%
Common Health Benefits
medical benefits Medical: 89% dental benefits Dental: 79%
vision benefits Vision: 64% employee benefits None: 9%
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