A Procurement Specialist earns an average salary of $54,596 per year. Skills that are associated with high pay for this job are Contract Negotiation and People Management. For the first five to ten years in this position, pay increases modestly, but any additional experience does not have a big effect on pay. People in this job generally don't have more than 20 years' experience.
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$38,248 - $80,263
(Median)
$38K
$55K
$80K
MEDIAN: $54,596
10%
50%
90%

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$14.04 - $28.18
(Median)
$14
$19
$28
MEDIAN: $19.00
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$27K$54K$81K
Salary
$38,248 - $80,263  
   
Bonus
$0.00 - $9,562  
Profit Sharing
$0.00 - $9,863  
Commission
$3,000  
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).
)
$35,168 - $79,955  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 1,134
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$14$28$42
Hourly Rate
$14.04 - $28.18  
   
Overtime
$19.61 - $39.45  
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$28K$56K$84K
Bonus
$0.00 - $9,562  
   
Commission
$3,000  
Profit Sharing
$0.00 - $9,863  
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).
)
$35,168 - $79,955  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 319
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Job Description for Procurement Specialist

Procurement specialists specialize in finding goods and services for businesses at the best price to ensure the businesses' continued functionality. This can include office supplies, inventory, and large scale purchases like real estate. These specialists are counted on to meet budgetary constraints and increase profitability.

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Procurement Specialist Tasks

  • Write and analyze requisitions, invoices, supply requests and supply orders.
  • Track and monitor inventory and needs to determine when to order or purchase new items.
  • Negotiate with different suppliers for price, quality, timeliness and other factors.
  • Expedite and liaise with suppliers to ensure timely delivery of goods.

Common Career Paths for Procurement Specialist


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Popular Employer Salaries for Procurement Specialist

Popular Skills for Procurement Specialist

Pay by Experience Level for Procurement Specialist

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

Pay Difference by Location

National Average: $51,945

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

Procurement Specialist Reviews

What is it like working as a Procurement Specialist?

Procurement Specialist in Anchorage:
"Training and learning experience. Opportunity to move up."
Pros: Learning Experience. Having the opportunity to move up and encouragement to do so.
Cons: Sometimes there is not enough work.

Related Job Salaries

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Experience Affects Procurement Specialist Salaries




National Average
$52,000


Skills That Affect Procurement Specialist Salaries


People Management
up arrow 10%



Microsoft Excel
up arrow 7%

SAP Enterprise Resource Planning (ERP)
up arrow 7%

Negotiation
up arrow 4%

Sourcing
up arrow 3%

Data Analysis
up arrow 1%

National Average
$52,000

Procurement
up arrow 2%

Purchasing
up arrow 3%

Vendor Management
up arrow 3%


Microsoft Office
up arrow 13%

Accounts Payable
up arrow 19%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 213 votes.

Gender

Female
57 %
Male
43 %

Years of Experience

Less than 1 year
5%
1-4 years
41%
5-9 years
25%
10-19 years
19%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 80%
medical benefits
Vision: 69%
dental benefits
None: 10%
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