Procurement Manager Salary (United States)

A Procurement Manager earns an average salary of $78,654 per year. The highest paying skills associated with this job are Contract Negotiation, Supply Chain, and Contract Management.
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.
)
$46,058 - $119,671
(Median)
46K
59K
79K
99K
120K
MEDIAN: $78,654
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.
)
$14.74 - $34.88
(Median)
15
20
26
35
MEDIAN: $19.00
10%
50%
75%
90%
Add this chart to your site

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
$46,058 - $119,671  
   
Bonus
$0.00 - $19,396  
Profit Sharing
$512 - $13,000  
Commission
$5,000 - $30,000  
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).
)
$44,071 - $129,583  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 1,519
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
$14.74 - $34.88  
   
Overtime
$9.62 - $48.38  
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 - $19,396  
   
Commission
$5,000 - $30,000  
Profit Sharing
$512 - $13,000  
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).
)
$44,071 - $129,583  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 1,519
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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

Common Career Paths for Procurement Manager

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

Boston
up arrow 29%
San Francisco
up arrow 22%
up arrow 18%
up arrow 18%
up arrow 14%
up arrow 10%
up arrow 10%
Miami
up arrow 10%
Philadelphia
up arrow 6%
San Diego
up arrow 5%
up arrow 5%
St. Louis
up arrow 3%
Dallas
0%
National Average
$81,000
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

Experience Affects Procurement Manager Salaries

National Average
$81,000

Skills That Affect Procurement Manager Salaries

Procurement
0%
National Average
$81,000
Sourcing
up arrow 1%
Vendor Management
up arrow 3%
Purchasing
up arrow 19%

Job Satisfaction

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Extremely satisfied
Rated 5 out of 5 based on 388 votes.

Gender

Female
37%
female alumni
 
Male
63%
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: 89% dental benefits Dental: 79%
vision benefits Vision: 65% employee benefits None: 8%
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