Procurement Manager Salary

A Procurement Manager earns an average salary of $80,523 per year. The highest paying skills associated with this job are Contract Negotiation and Supplier Management.
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$49,816 - $119,547
$50K
$81K
$120K
MEDIAN: $80,523
10%
50%
90%

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$14.95 - $31.03
$15
$24
$31
MEDIAN: $24.00
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$50K$100K$150K
Salary
$49,816 - $119,547  
   
Bonus
$1,002 - $18,395  
Profit Sharing
$0.00 - $15,586  
Commission
$7,565  
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).
)
$48,822 - $125,843  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 1,206
National Hourly Rate 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$25$50$75
Hourly Rate
$14.95 - $31.03  
   
Overtime
$21.89 - $43.92  
National Annualized 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$50K$100K$150K
Bonus
$1,002 - $18,395  
   
Commission
$7,565  
Profit Sharing
$0.00 - $15,586  
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).
)
$48,822 - $125,843  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 68

Find Out Exactly What You Should Be Paid

United States (change)

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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

National Average: $81,957

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

Related Job Salaries

Key Stats for Procurement Manager

Gender

Female
40 %
Male
60 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 180 votes.
Less than 1 year
2%
1-4 years
22%
5-9 years
28%
10-19 years
30%
20 years or more
18%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Procurement Manager Salaries

▲19%

▲12%

▲1%

National Average
$82,000

▼20%

Skills That Affect Procurement Manager Salaries




▲4%


Procurement
▼0%

National Average
$82,000

▼1%


Operations Management
▼7%


Logistics
▼15%

SAP Supply Chain Management (SAP SCM)
▼16%

Purchasing
▼21%

Vendor Management
▼28%

Microsoft Excel
▼34%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 180 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
2%
1-4 years
22%
5-9 years
28%
10-19 years
30%
20 years or more
18%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 80%
vision benefits
Vision: 72%
dental benefits
None: 10%
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