Purchasing Analyst Salary

Earnings for Purchasing Analysts in the United States come in at around $50K annually on average. In the world of Purchasing Analysts, total cash compensation can vary between $35K and $67K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $5K and $10K, respectively. Career duration is the biggest factor affecting pay for this group, followed by geography. Men working as Purchasing Analysts who took the survey just slightly outnumber women at 51 percent. The majority of Purchasing Analysts claim high levels of job satisfaction. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the greater part. The information for this snapshot was generated by responses to the PayScale salary survey.

$35,894 - $66,208
(Median)
$36K
$50K
$66K
MEDIAN: $49,838
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
$35,894 - $66,208  
   
Bonus
$0.00 - $5,053  
Profit Sharing
$805 - $9,933  
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).
)
$34,756 - $66,862  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 218
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 - $5,053  
   
Profit Sharing
$805 - $9,933  
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).
)
$34,756 - $66,862  
Country: United States | Currency: USD | Updated: 31 Mar 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


Survey results imply that Purchasing Analysts put a diverse skill set to use. Most notably, skills in Negotiation, Microsoft Excel, Data Analysis, and Contract Negotiation are correlated to pay that is above average. Those educated in Data Analysis tend to be well versed in Inventory Management.

Pay by Experience Level for Purchasing Analyst

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


Workers with less than five years' experience earn around $47K on average, and those who have five to 10 years under their belts see a higher median salary of $52K. For Purchasing Analysts, 10 to 20 years of experience on the job amounts to an average salary of $51K. Seasoned veterans with 20 years under their belts enjoy a median income of $61K.

Related Job Salaries

United States (change)

Experience Affects Purchasing Analyst Salaries

Late-Career
up arrow 25%



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%

Contract Negotiation
up arrow 2%

Inventory Management
up arrow 3%

Purchasing
up arrow 3%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 61 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

Less than 1 year
5%
1-4 years
54%
5-9 years
20%
10-19 years
16%
20 years or more
4%

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 80%
vision benefits Vision: 63% employee benefits None: 10%