Purchasing Specialist Salary

Earnings for Purchasing Specialists in the United States come in at around $48K per year on average. Total incomes of Purchasing Specialists incorporate potential for, in a few cases, more than $7K from bonuses and close to $5K from profit sharing; these performance components cause packages to range between $32K and $70K. Geography and years of experience each impact pay for this group, with the former having the largest influence. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Job satisfaction is reported as high by the vast majority of workers. More than half of Purchasing Specialists (64 percent) survey participants are women. This overview is based on answers to PayScale's salary questionnaire.
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$35,273 - $71,875
(Median)
$35K
$48K
$72K
MEDIAN: $48,474
10%
50%
90%

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$13.05 - $25.02
(Median)
$13
$17
$25
MEDIAN: $17.00
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$24K$48K$72K
Salary
$35,273 - $71,875  
   
Bonus
$0.00 - $6,727  
Profit Sharing
$811 - $5,034  
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).
)
$32,169 - $69,527  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 475
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
$13.05 - $25.02  
   
Overtime
$18.31 - $37.42  
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 - $6,727  
   
Profit Sharing
$811 - $5,034  
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).
)
$32,169 - $69,527  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 227
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Job Description for Purchasing Specialist

Purchasing specialists typically hold manager-level positions charged with making purchases necessary for their organization's operations. The day-to-day duties performed by these specialists vary depending on the needs of the company. However, generally, a purchasing specialist works in a service-oriented business and oversees the purchasing and inventory of operating supplies rather than retail goods. Hotels, restaurants, hospitals, and companies that repair, maintain, or conduct construction work typically have a purchasing specialist.

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Purchasing Specialist Tasks

  • Maintain working relationships with vendors, evaluate vendor contract terms, and negotiate prices.
  • Place, schedule, and follow-up on orders to ensure accuracy and timely delivery.
  • Predict required packaging or resources according to customer requests and coordinate with vendors to obtain products.
  • Resolve billing issues and any conflicts between the company and the vendors.

Common Career Paths for Purchasing Specialist


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Purchasing Specialists might see a strong upturn in salary after transitioning into upper-level roles such as Purchasing Manager, a seemingly popular career choice. People currently working in the latter position report a noticeably higher median income of $60K per year. When Purchasing Specialists are ready for the next step in their careers, they often become Purchasing Supervisors or Procurement Specialists. Those roles pay an additional $5K and $6K, respectively.

Purchasing Agent (but not Wholesale, Retail, or Farm Products) Job Listings

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Popular Skills for Purchasing Specialist


Survey results imply that Purchasing Specialists put a diverse skill set to use. Most notably, skills in Contract Negotiation, Microsoft Office, Negotiation, and Microsoft Excel are correlated to pay that is above average, with boosts between 3 percent and 10 percent. At the other end of the pay range are skills like Customer Service and Logistics. It is often found that people who know Microsoft Excel are also skilled in Negotiation and Contract Negotiation. Most people who know Purchasing also know Contract Negotiation and Negotiation.

Pay by Experience Level for Purchasing Specialist

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


Purchasing Specialists with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Folks with fewer than five years of experience take home $43K on average, and those who have worked for five to 10 years see a bigger median salary of $46K. After working for 10 to 20 years, Purchasing Specialists make a median salary of $49K. After two decades in the workforce, the average Purchasing Specialist generally earns more than ever; median pay for this group is estimated at $58K.

Pay Difference by Location


With a pay rate for Purchasing Specialists that is 13 percent greater than the national average, Atlanta offers a comfortable salary for those in this profession. Purchasing Specialists will also find cushy salaries in Houston (+10 percent), Cincinnati (+10 percent), Dallas (+2 percent), and Columbus (+2 percent). Purchasing Specialists in Portland report much lower salaries than the rest of the country — 23 percent below the national average — proving that residence is a major factor in overall pay.

Purchasing Specialist Reviews

What is it like working as a Purchasing Specialist?

Purchasing Specialist in Houston:
"When It's Good It's Great."
Pros: I really enjoy the people I work with. We are a close team that count on each other for assistance an back up. I like putting together master lists to help determine and coordinate deliveries of our fixtures. I enjoy providing and collecting all available information to best determine our course of action in allocating inventory.
Cons: The things I like the least are mostly outside and uncontrollable factors. I do not enjoy the need it done yesterday aspect of my job. Retail is a fickle industry. I don't know how much job growth is available.

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Experience Affects Purchasing Specialist Salaries




National Average
$46,000


Skills That Affect Purchasing Specialist Salaries


Microsoft Office
up arrow 7%

Negotiation
up arrow 3%

Microsoft Excel
up arrow 1%

National Average
$46,000

Purchasing
up arrow 1%

Logistics
up arrow 8%

Customer Service
up arrow 18%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 134 votes.

Gender

Female
64 %
Male
36 %

Years of Experience

Less than 1 year
3%
1-4 years
36%
5-9 years
26%
10-19 years
22%
20 years or more
13%

Common Health Benefits

medical benefits Medical: 84% dental benefits Dental: 73%
vision benefits Vision: 61% employee benefits None: 13%
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