A Procurement Manager with Sourcing skills earns an average salary of AED 243,828 per year. Experience has a moderate effect on pay for this job.

AED 93,532 - AED 485,578
AED 94K
AED 240K
AED 490K
MEDIAN: AED 243,828
10%
50%
90%
AED 0AED 562K
Salary AED 93,532 - AED 485,578
Bonus AED 1,000 - AED 135,000
Profit Sharing AED 10.00
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).
)
AED 95,324 - AED 562,358
  • Country: United Arab Emirates
  • Currency: AED
  • Updated: 14 Jul 2018
  • Individuals Reporting: 116

Job Description for Procurement Manager

A procurement manager is the primary point of contact between a business and its suppliers. Using superb analytical skills, a procurement manager identifies potential suppliers, screens them, and negotiates favorable payment terms with selected suppliers. After formalizing the supply contract with the aid of legal professionals, the procurement manager then monitors supplier performance to ensure contractual obligations are met and to help make the supply procurement process as cost-effective and efficient as possible.

Read More...

Procurement Manager Tasks

  • Negotiate contracts, policies and deadlines with suppliers and vendors.
  • Monitor prices by product and vendor to predict and account for financial fluctuations.
  • Manage flow of goods and supplies for optimum production, analyzing and adapting internal policies.
  • Prepare and process purchase orders and purchase requisitions, and maintain documentation of the acquisition of goods.
  • Manage staff and vendors for timely arrival of products and goods.

Procurement Manager Job Listings

Pay by Experience Level for Procurement Manager

Pay by Experience for a Procurement Manager has a positive trend. An entry-level Procurement Manager with less than 5 years of experience can expect to earn an average total compensation of AED 125,000 based on 19 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Procurement Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of AED 242,000 based on 60 salaries. An experienced Procurement Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of AED 273,000 based on 58 salaries. A Procurement Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of AED 306,000 based on 16 salaries.

Pay Difference by Location

National Average: AED 252,214

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

Key Stats for Procurement Manager

Gender

Female
10 %
Male
90 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.
Less than 1 year
1%
1-4 years
9%
5-9 years
29%
10-19 years
47%
20 years or more
14%

Experience Affects Procurement Manager Salaries

▲21%

▲8%

National Average
AED 252,000

Mid-Career
▼4%

▼50%

Job Satisfaction

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

Gender

Female
10 %
Male
90 %

Years of Experience

Less than 1 year
1%
1-4 years
9%
5-9 years
29%
10-19 years
47%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 20%
vision benefits
Vision: 15%
no benefits
None: 6%