The average Purchasing Analyst in the United States earns approximately $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 $36K to $73K depending on individual performance. Geography is the biggest factor affecting pay for this group, followed by career duration. Job satisfaction is reported as high by the vast majority of workers. Women make up a slight majority of Purchasing Analysts (50 percent) survey respondents. Nearly all report receiving medical coverage from their employers and most collect dental insurance. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$37,825 - $73,315
(Median)
$38K
$51K
$73K
MEDIAN: $51,281
10%
50%
90%

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$14.26 - $28.43
(Median)
$14
$20
$28
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$25K$50K$75K
Salary
$37,825 - $73,315  
   
Bonus
$0.00 - $6,741  
Profit Sharing
$795 - $5,872  
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).
)
$35,920 - $72,925  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 217
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
$14.26 - $28.43  
   
Overtime
$0.31 - $50.82  
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 - $6,741  
   
Profit Sharing
$795 - $5,872  
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).
)
$35,920 - $72,925  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 42
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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.

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Popular Skills for Purchasing Analyst


Purchasing Analysts report using a wide range of professional skills. Most notably, facility with Contract Negotiation and Purchasing are correlated to pay that is significantly above average, leading to increases of 21 percent and 7 percent, respectively. At the other end of the pay range are skills like Negotiation. 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.


For Purchasing Analysts, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. Relatively untried employees who have less than five years' experience make $48K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $58K. Purchasing Analysts bring in $59K after working for 10 to 20 years. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $60K.

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Experience Affects Purchasing Analyst Salaries




National Average
$51,000


Skills That Affect Purchasing Analyst Salaries



Data Analysis
up arrow 1%

Inventory Management
0%

National Average
$51,000

Microsoft Excel
up arrow 1%

Negotiation
up arrow 8%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 27 votes.

Gender

Female
50 %
Male
50 %

Years of Experience

Less than 1 year
7%
1-4 years
51%
5-9 years
22%
10-19 years
13%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 83%
medical benefits
Vision: 73%
dental benefits
None: 6%
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