Purchasing Analyst Salary

Purchasing Analysts in the United States take home an average $51K per year. In the world of Purchasing Analysts, overall cash allowance can occasionally include more than $7K from bonuses and, in some exceptional cases, $6K from profit sharing, causing incomes to vary widely between $35K and $72K. Geography and career duration each impact pay for this group, with the former having the largest influence. Most workers in this position report high levels of job satisfaction. Medical benefits are awarded to a large number, and most earn dental coverage. Women make up a slight majority of Purchasing Analysts (50 percent) survey respondents. Women are just slightly outnumbered, with male Purchasing Analysts making up 50 percent of survey respondents. Respondents to the PayScale salary survey provided the data for this report.

$38,913 - $72,357
$39K
$51K
$72K
MEDIAN: $51,307
10%
50%
90%

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$14.08 - $28.75
$14
$19
$29
MEDIAN: $19.30
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
$38,913 - $72,357  
   
Bonus
$0.00 - $7,235  
Profit Sharing
$795 - $6,040  
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).
)
$34,674 - $71,947  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 230
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$16$32$48
Hourly Rate
$14.08 - $28.75  
   
Overtime
$0.90 - $47.60  
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$32K$64K$96K
Bonus
$0.00 - $7,235  
   
Profit Sharing
$795 - $6,040  
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).
)
$34,674 - $71,947  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 54

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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. Most people who know Data Analysis also know Inventory Management.

Pay by Experience Level for Purchasing Analyst

Pay by Experience for a Purchasing Analyst has a positive trend. An entry-level Purchasing Analyst with less than 5 years of experience can expect to earn an average total compensation of $48,000 based on 177 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Purchasing Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $58,000 based on 72 salaries. An experienced Purchasing Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $59,000 based on 46 salaries. A Purchasing Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $59,000 based on 15 salaries.

Related Job Salaries

Key Stats for Purchasing Analyst

Gender

Female
50 %
Male
50 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 31 votes.
Less than 1 year
6%
1-4 years
54%
5-9 years
20%
10-19 years
15%
20 years or more
6%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Purchasing Analyst Salaries

▲16%

▲16%

▲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 31 votes.

Gender

Female
50 %
Male
50 %

Years of Experience

Less than 1 year
6%
1-4 years
54%
5-9 years
20%
10-19 years
15%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 82%
vision benefits
Vision: 72%
no benefits
None: 8%
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