Vice President (VP), Procurement Salary

A Vice President (VP), Procurement earns an average salary of $152,599 per year. The skills that increase pay for this job the most are Strategic Planning, Supply Chain, and Leadership. Most people in this job have more than five years' experience in related jobs.

$98,247 - $206,702
$98K
$150K
$210K
MEDIAN: $152,599
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$90K$180K$270K
Salary
$98,247 - $206,702  
   
Bonus
$9,923 - $74,108  
Profit Sharing
$0.00 - $25,342  
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).
)
$103,987 - $265,162  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 129
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Job Description for Vice President (VP), Procurement

Vice presidents, procurement are usually in charge of procurement (purchasing) departments of any organization and report directly to the president of their organizations. Depending on the size of the company, they oversee lower-level managers who supervise procurement specialists, contract specialists, buyers, and their supervisors.

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Vice President (VP), Procurement Tasks

  • Supervise and direct the work of strategic sourcing personnel.
  • Establish strong relationships vendors, facilitate communication, and work to ensure production and delivery targets are met.
  • Lead the evaluation of suppliers and work to reduce vendor risk by developing scorecards and analyzing vendor performance.
  • Direct efforts to improve supply chain efficiency, maintain product quality standards, and reduce costs.
  • Develop and carry out strategies, policies, and procedures for the procurement of supplies for the entire organization.

Vice President (VP), Procurement Job Listings

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Pay Difference by Location

National Average: $178,763

Larger city markers indicate a job is popular in that location.

Related Job Salaries

Key Stats for Vice President (VP), Procurement

Gender

Female
11 %
Male
89 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 22 votes.
1-4 years
1%
5-9 years
13%
10-19 years
36%
20 years or more
50%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Vice President (VP), Procurement Salaries

▲13%

▲4%

National Average
$179,000

▼32%

Skills That Affect Vice President (VP), Procurement Salaries

Strategic Planning
▲35%

Supply Chain
▲27%

Leadership
▲19%

▲6%


Procurement
▲1%

National Average
$179,000

Sourcing
▼8%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 22 votes.

Gender

Female
11 %
Male
89 %

Years of Experience

1-4 years
1%
5-9 years
13%
10-19 years
36%
20 years or more
50%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 82%
vision benefits
Vision: 76%
dental benefits
None: 6%
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