Purchasing Analyst Salary

The average Purchasing Analyst in the United States earns approximately $50K per year. In the world of Purchasing Analysts, total cash compensation can vary between $35K and $71K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $6K and $4K, respectively. Geographic location and experience level each impact pay for this group, with the former having the largest influence. Job satisfaction is reported as high by the vast majority of workers. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Women are just slightly outnumbered, with male Purchasing Analysts making up 50 percent of survey respondents. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$37,000 - $71,472
(Median)
$37K
$50K
$71K
MEDIAN: $50,003
10%
50%
90%

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$13.66 - $25.02
(Median)
$14
$19
$25
MEDIAN: $19.00
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$24K$48K$72K
Salary
$37,000 - $71,472  
   
Bonus
$0.00 - $5,884  
Profit Sharing
$793 - $4,122  
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).
)
$35,199 - $70,855  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 280
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
$13.66 - $25.02  
   
Overtime
$1.64 - $38.47  
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 - $5,884  
   
Profit Sharing
$793 - $4,122  
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).
)
$35,199 - $70,855  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 68
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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 Contract Negotiation, Purchasing, Inventory Management, and Data Analysis are correlated to pay that is above average. At the other end of the pay range are skills like 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.


Workers in their first five years can expect to earn $47K, but people who have been around for five to 10 years earn a noticeably bigger sum of $55K. On average, Purchasing Analysts make $52K following one to two decades on the job. Average wages for folks with more than 20 years of experience come out to around $60K.

Related Job Salaries

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Experience Affects Purchasing Analyst Salaries

Late-Career
up arrow 23%



National Average
$49,000


Skills That Affect Purchasing Analyst Salaries

Contract Negotiation
up arrow 6%

Purchasing
up arrow 4%

Data Analysis
up arrow 1%

Inventory Management
up arrow 1%

National Average
$49,000

Microsoft Excel
up arrow 2%

Negotiation
up arrow 5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 56 votes.

Gender

Female
50 %
Male
50 %

Years of Experience

Less than 1 year
9%
1-4 years
50%
5-9 years
21%
10-19 years
16%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 84%
medical benefits
Vision: 66%
dental benefits
None: 7%
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