An average Purchasing Analyst in the United States can expect to take home roughly $52K per year. Final cash compensation to Purchasing Analysts varies from around $36K to approximately $73K; choice pay grades include potential for bonuses and profit sharing as high as $7K and $6K, respectively. Geographic location and years of experience each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to almost all, and a large number earn dental coverage. Job satisfaction is high and work is enjoyable for most Purchasing Analysts. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 52 percent. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$38,449 - $73,489
$38K
$52K
$73K
MEDIAN: $51,595
10%
50%
90%

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$14.50 - $28.59
$14
$20
$29
MEDIAN: $19.87
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$25K$50K$75K
Salary
$38,449 - $73,489  
   
Bonus
$0.00 - $6,691  
Profit Sharing
$797 - $5,817  
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).
)
$35,790 - $73,023  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 223
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$17$34$51
Hourly Rate
$14.50 - $28.59  
   
Overtime
$0.31 - $50.35  
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
$0.00 - $6,691  
   
Profit Sharing
$797 - $5,817  
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).
)
$35,790 - $73,023  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 48

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United States (change)

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

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Popular Skills for Purchasing Analyst


Overall, survey participants reported applying a fair number of skills to their work. Most notably, skills in Contract Negotiation, Purchasing, Data Analysis, and Microsoft Excel are correlated to pay that is above average. Skills that pay less than market rate include Negotiation. For most people, competency in Data Analysis indicates knowledge of Inventory Management.

Pay by Experience Level for Purchasing Analyst

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


For many Purchasing Analysts, extensive experience does not lead to significantly more money. Those in the early stages of their career can expect to make around $49K; however, individuals with five to 10 years of experience bring in $57K on average — a distinctly larger sum. Purchasing Analysts who work for 10 to 20 years in their occupation tend to earn about $59K. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $60K.

Related Job Salaries

Key Stats for Purchasing Analyst

Gender

Female
52 %
Male
48 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 29 votes.
051
Less than 1 year
6%
1-4 years
52%
5-9 years
22%
10-19 years
14%
20 years or more
6%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Purchasing Analyst Salaries




National Average
$51,000


Skills That Affect Purchasing Analyst Salaries




National Average
$51,000



Negotiation
up arrow 8%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 29 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

Less than 1 year
6%
1-4 years
52%
5-9 years
22%
10-19 years
14%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 83%
vision benefits
Vision: 72%
dental benefits
None: 7%
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