A Procurement Manager earns an average salary of $79,844 per year. The highest paying skills associated with this job are Supplier Management and Contract Negotiation.
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$49,632 - $119,057
$50K
$80K
$120K
MEDIAN: $79,844
10%
50%
90%

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$15.00 - $36.90
$15
$25
$37
MEDIAN: $24.51
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
$49,632 - $119,057  
   
Bonus
$998 - $18,339  
Profit Sharing
$0.00 - $15,361  
Commission
$2,400  
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).
)
$48,736 - $125,964  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 1,253
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
$15.00 - $36.90  
   
Overtime
$21.69 - $55.41  
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
$998 - $18,339  
   
Commission
$2,400  
Profit Sharing
$0.00 - $15,361  
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).
)
$48,736 - $125,964  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 75

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

  • Negotiate contracts, policies and deadlines with suppliers and vendors.
  • Monitor prices by product and vendor to predict and account for financial fluctuations.
  • Manage flow of goods and supplies for optimum production, analyzing and adapting internal policies.
  • 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.

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: $81,385

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

Related Job Salaries

Key Stats for Procurement Manager

Gender

Female
41 %
Male
59 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 187 votes.
030
Less than 1 year
2%
1-4 years
22%
5-9 years
29%
10-19 years
30%
20 years or more
17%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Procurement Manager Salaries




National Average
$81,000


Skills That Affect Procurement Manager Salaries




Sourcing
up arrow 8%



Procurement
0%

National Average
$81,000


Operations Management
up arrow 6%



Logistics
up arrow 14%

Purchasing
up arrow 26%

Microsoft Excel
up arrow 34%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 187 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
2%
1-4 years
22%
5-9 years
29%
10-19 years
30%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 80%
vision benefits
Vision: 71%
dental benefits
None: 10%
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