Purchasing Analyst Salary

Purchasing Analysts in the United States can expect wages of $50K per year on average. Total cash compensation for Purchasing Analysts runs from $35K to $67K depending on bonuses that can occasionally exceed $5K and profit sharing that can reach almost $10K. Career length and the particular city each impact pay for this group, with the former having the largest influence. The majority of workers are highly satisfied with their job. Women make up a slight majority of Purchasing Analysts (50 percent) survey respondents. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to more than half. Participants in PayScale's salary questionnaire provided the particulars of this report.

$36,846 - $66,319
(Median)
$37K
$50K
$66K
MEDIAN: $50,020
10%
50%
90%

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$13.73 - $24.68
(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
$36,846 - $66,319  
   
Bonus
$0.00 - $5,326  
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).
)
$35,110 - $67,055  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 220
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 - $24.68  
   
Overtime
$16.80 - $37.81  
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 - $5,326  
   
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).
)
$35,110 - $67,055  
Country: United States | Currency: USD | Updated: 2 Jul 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 suggest that Purchasing Analysts put a wide range of professional skills to use. Most notably, skills in Microsoft Excel, Data Analysis, Inventory Management, and Negotiation 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.


Workers with less than five years' experience earn around $48K on average, and those who have five to 10 years under their belts see a higher median salary of $53K. Purchasing Analysts bring in $50K after working for 10 to 20 years. Old hands who claim more than two decades on the job enjoy average earnings of $60K.

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Experience Affects Purchasing Analyst Salaries

Late-Career
up arrow 22%



National Average
$49,000


Skills That Affect Purchasing Analyst Salaries

Data Analysis
0%

Microsoft Excel
0%

National Average
$49,000

Inventory Management
up arrow 1%

Negotiation
up arrow 2%

Contract Negotiation
up arrow 3%

Purchasing
up arrow 4%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 54 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
17%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 83%
vision benefits Vision: 64% employee benefits None: 7%
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