Purchasing Analyst Salary

The average Purchasing Analyst in the United States earns approximately $50K per year. Cash earnings for Purchasing Analysts — including $5K in bonuses and $10K in profit sharing proceeds near the top of the pay scale — generally stretch from $35K to $70K depending on individual performance. Career duration and the particular city each impact pay for this group, with the former having the largest influence. Women are just slightly outnumbered, with male Purchasing Analysts making up 51 percent of survey respondents. Job satisfaction for Purchasing Analysts is high. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. This report is based on answers to PayScale's salary questionnaire.

$36,833 - $70,345

Add this chart to your site: 640px    300px

$13.76 - $25.15

Add this chart to your site: 640px    300px

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$24K$48K$72K
Salary
$36,833 - $70,345  
   
Bonus
$0.00 - $5,189  
Profit Sharing
$824 - $9,696  
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).
)
$35,200 - $69,543  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 228
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$13$26$39
Hourly Rate
$13.76 - $25.15  
   
Overtime
$16.80 - $37.81  
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$26K$52K$78K
Bonus
$0.00 - $5,189  
   
Profit Sharing
$824 - $9,696  
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).
)
$35,200 - $69,543  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 56
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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.

Read More...

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

Search for more jobs:

Popular Skills for Purchasing Analyst


Overall, survey participants reported applying a fair number of skills to their work. Most notably, skills in Contract 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 familiar with Data Analysis also tend to know Inventory Management.

Pay by Experience Level for Purchasing Analyst

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


Folks with fewer than five years of experience take home $48K on average, and those who have worked for five to 10 years see a bigger median salary of $54K. People with 10 to 20 years of experience make an average of about $50K in this role. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $60K on average.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Purchasing Analyst Salaries

Late-Career
up arrow 21%



National Average
$49,000


Skills That Affect Purchasing Analyst Salaries

Contract Negotiation
up arrow 2%

Data Analysis
0%

Microsoft Excel
0%

National Average
$49,000

Inventory Management
up arrow 1%

Negotiation
up arrow 2%

Purchasing
up arrow 4%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 55 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

Less than 1 year
6%
1-4 years
52%
5-9 years
21%
10-19 years
17%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 83%
vision benefits Vision: 65% employee benefits None: 7%
ADVERTISEMENT