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Purchasing Analyst Salary

For Purchasing Analysts, yearly average wages total $50K annually. Total cash compensation to Purchasing Analysts bottoms out near $35K and approaches $67K on the high end; the biggest paychecks include approximately $5K from bonuses and almost $10K from profit sharing. Career duration is the biggest factor affecting pay for this group, followed by geography. Women are just slightly outnumbered, with male Purchasing Analysts making up 51 percent of survey respondents. Most report receiving medical coverage from their employers and a large number collect dental insurance. Work is enjoyable for Purchasing Analysts, who typically claim high levels of job satisfaction. Respondents to the PayScale salary survey provided the data for this report.

$36,129 - $66,935
(Median)
$36K
$50K
$67K
MEDIAN: $49,991
10%
50%
90%

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$13.73 - $25.19
(Median)
$14
$19
$25
MEDIAN: $18.00
10%
50%
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$23K$46K$69K
Salary
$36,129 - $66,935  
   
Bonus
$0.00 - $5,048  
Profit Sharing
$817 - $9,787  
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).
)
$34,809 - $67,403  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 222
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$13$26$39
Hourly Rate
$13.73 - $25.19  
   
Overtime
$16.34 - $38.17  
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$26K$52K$78K
Bonus
$0.00 - $5,048  
   
Profit Sharing
$817 - $9,787  
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).
)
$34,809 - $67,403  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 55

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Job Description for Purchasing Analyst

Purchasing analysts are responsible for analyzing their organization's purchasing decisions to evaluate their effectiveness. They are in charge of interpreting financial information for company purchasing endeavors, and they need to possess strong interpersonal skills to relay purchasing information to upper management. They evaluate suppliers proposals, costs, and quality, as well as oversee purchasing performance based on service and availability. Purchasing analysts strive to minimize expenses and increase company profitability, develop detailed purchasing reports, and recommend changes to the acquisitions processes as needed. Purchasing analysts also write orders and review bid proposals based on project requirements.

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Purchasing Analyst Tasks

  • Analyze and report on purchasing metrics, creating standard and ad hoc reports.
  • Compare and evaluate goods and contracts to recommend strategies.
  • Analyze and document options for procurement of materials, goods, and services.
  • Maintain and update vendor database and contact information.

Purchasing Analyst Job Listings

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Popular Skills for Purchasing Analyst


Purchasing Analysts seem to require a number of specific skills. Most notably, skills in Negotiation, Microsoft Excel, Data Analysis, and Inventory Management are correlated to pay that is above average. At the other end of the pay range are skills like Purchasing. Those proficient in Data Analysis are, more often than not, also skilled in Inventory Management.

Pay by Experience Level for Purchasing Analyst

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


Relatively untried employees who have fewer than five years of experience earn around $47K on average. People who have worked for five to 10 years can expect a higher median salary of $52K. Purchasing Analysts see a median salary of $51K after reaching one to two decades on the job. Purchasing Analysts who have acquired more than 20 years of relevant experience earn significantly more than folks with fewer years on their resumes; the average income in this veteran group is $61K.

Related Job Salaries

United States (change)

Experience Affects Purchasing Analyst Salaries

Late-Career
up arrow 26%



National Average
$49,000


Skills That Affect Purchasing Analyst Salaries

Negotiation
up arrow 3%

Microsoft Excel
0%

National Average
$49,000

Data Analysis
up arrow 1%

Inventory Management
up arrow 2%

Contract Negotiation
up arrow 2%

Purchasing
up arrow 4%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 62 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

Less than 1 year
6%
1-4 years
53%
5-9 years
20%
10-19 years
17%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 81%
vision benefits Vision: 64% employee benefits None: 9%
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