Purchasing Analyst Salary

An average Purchasing Analyst in the United States can expect to take home roughly $51K annually. Cash earnings for Purchasing Analysts — including $7K in bonuses and $6K in profit sharing proceeds near the top of the pay scale — generally stretch from $35K to $73K depending on individual performance. Geography is the biggest factor affecting pay for this group, followed by years of experience. Most enjoy medical while a large number get dental coverage. Vision coverage is also available to a strong majority. Male Purchasing Analysts are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 50 percent of the field. Job satisfaction for Purchasing Analysts is high. The data for this synopsis comes from respondents who took the PayScale salary survey.

$38,768 - $73,241
$39K
$51K
$73K
MEDIAN: $51,450
10%
50%
90%

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$14.45 - $29.06
$14
$20
$29
MEDIAN: $19.85
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
$38,768 - $73,241  
   
Bonus
$0.00 - $7,306  
Profit Sharing
$797 - $6,020  
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).
)
$35,464 - $72,916  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 217
© PayScale, Inc. @ www.payscale.com
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$15$30$45
Hourly Rate
$14.45 - $29.06  
   
Overtime
$1.45 - $44.87  
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$30K$60K$90K
Bonus
$0.00 - $7,306  
   
Profit Sharing
$797 - $6,020  
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).
)
$35,464 - $72,916  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 47
© PayScale, Inc. @ www.payscale.com

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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.

Purchasing Analyst Job Listings

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Popular Skills for Purchasing Analyst


Survey results suggest that Purchasing Analysts use a fairly large toolkit of professional skills. Most notably, skills in Contract Negotiation, Purchasing, Data Analysis, and Microsoft Excel are correlated to pay that is above average. Skills that seem to negatively impact pay include Negotiation. Most people skilled in Data Analysis are similarly competent in Inventory Management.

Pay by Experience Level for Purchasing Analyst

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


Workers in their first five years can expect to earn $48K, but people who have been around for five to 10 years earn a noticeably bigger sum of $58K. The average pay reported by folks with 10 to 20 years of experience is around $59K. Veterans who have surpassed the 20-year mark may make no more than those who are navigating the mid-career stage.

Related Job Salaries

Key Stats for Purchasing Analyst

Gender

Female
50 %
Male
50 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 29 votes.
Less than 1 year
6%
1-4 years
53%
5-9 years
20%
10-19 years
14%
20 years or more
6%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Purchasing Analyst Salaries

▲15%

▲15%

▲14%

National Average
$51,000

▼5%

Skills That Affect Purchasing Analyst Salaries


▲4%


National Average
$51,000



Negotiation
▼8%

Job Satisfaction

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

Gender

Female
50 %
Male
50 %

Years of Experience

Less than 1 year
6%
1-4 years
53%
5-9 years
20%
10-19 years
14%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 83%
vision benefits
Vision: 72%
dental benefits
None: 8%
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