Purchasing Specialist Salary

Purchasing Specialists in the United States take home an average $48K annually. Overall cash earnings for Purchasing Specialists stretch from $32K on the lower end to $69K near the top, and the heftiest packages can encompass around $6K from bonuses and $5K from profit sharing. Geography is the biggest factor affecting pay for this group, followed by years of experience. Most Purchasing Specialists like their work and job satisfaction is high. The majority of Purchasing Specialists (63 percent) who took the survey are female. Medical benefits are awarded to most, and a strong majority earn dental coverage. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$34,964 - $71,574
(Median)
$35K
$48K
$72K
MEDIAN: $48,137
10%
50%
90%

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$13.16 - $24.69
(Median)
$13
$18
$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
$34,964 - $71,574  
   
Bonus
$0.00 - $6,015  
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).
)
$32,128 - $69,100  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 474
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
$13.16 - $24.69  
   
Overtime
$18.59 - $36.82  
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 - $6,015  
   
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).
)
$32,128 - $69,100  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 225

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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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Advancing into a Purchasing Manager role seems to be a popular career move for Purchasing Specialists, and folks who currently work in the latter position report a notably larger median income of $60K per year. The most common next step for a Purchasing Specialist is to become a Purchasing Supervisor or a Procurement Specialist. The former position pays an additional $5K per year on average, and the latter position pays $6K more per year.

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

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Popular Skills for Purchasing Specialist


Survey results show that Purchasing Specialists use a fair number of skills. 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 11 percent. At the other end of the pay range are skills like Customer Service and Logistics. Those who learned Purchasing also tend to know Contract Negotiation and Negotiation. Most people experienced in Microsoft Excel also know Negotiation and Contract Negotiation.

Pay by Experience Level for Purchasing Specialist

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


Experience does not seem to be a strong driver of pay increase in this role. Folks with fewer than five years of experience take home $42K on average, and those who have worked for five to 10 years see a bigger median salary of $46K. Purchasing Specialists claiming one to two decades of experience make an estimated median of $49K. Veterans who have worked for more than two decades do tend to make the most in the end; the median pay for this group is $56K.

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.

Related Job Salaries

United States (change)

Experience Affects Purchasing Specialist Salaries




National Average
$46,000


Skills That Affect Purchasing Specialist Salaries


Microsoft Office
up arrow 8%

Negotiation
up arrow 3%

Microsoft Excel
up arrow 2%

Purchasing
0%

National Average
$46,000

Logistics
up arrow 15%

Customer Service
up arrow 17%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 155 votes.

Gender

Female
63 %
Male
37 %

Years of Experience

Less than 1 year
3%
1-4 years
36%
5-9 years
26%
10-19 years
22%
20 years or more
12%

Common Health Benefits

medical benefits Medical: 84% dental benefits Dental: 73%
vision benefits Vision: 60% employee benefits None: 14%