The average pay for a Procurement Manager is AU$97,387 per year. People in this job generally don't have more than 20 years' experience. Experience has a moderate effect on income for this job. Skills that are associated with high pay for this job are People Management and Sourcing.

AU$61,033 - AU$141,189
AU$61K
AU$97K
AU$140K
MEDIAN: AU$97,364
10%
50%
90%
AU$21.45 - AU$62.12
AU$21
AU$35
AU$62
MEDIAN: AU$34.64
10%
50%
90%
AU$0AU$145K
Salary AU$61,033 - AU$141,189
Bonus AU$972 - AU$20,347
Profit Sharing AU$0.00 - AU$19,727
Commission AU$13,000
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).
)
AU$60,341 - AU$145,459
  • Country: Australia
  • Currency: AUD
  • Updated: 20 Jan 2018
  • Individuals Reporting: 359
Hourly Data AU$0AU$70
Hourly Rate AU$21.45 - AU$62.12
Overtime AU$70.00
Annual Data AU$0AU$145K
Bonus AU$972 - AU$20,347
Commission AU$13,000
Profit Sharing AU$0.00 - AU$19,727
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).
)
AU$60,341 - AU$145,459
  • Country: United States
  • Currency: AUD
  • Updated: 20 Jan 2018
  • Individuals Reporting: 22

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.

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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 Pay By Employer

$0$113K

$93,830

$104,258

Amazon.com Inc
6 profiles
$92,367

Procurement Manager Job Listings

Popular Skills for Procurement Manager

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 AU$79,000 based on 142 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 AU$100,000 based on 89 salaries. An experienced Procurement Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of AU$111,000 based on 151 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 AU$129,000 based on 23 salaries.

Pay Difference by Location

National Average: AU$98,071

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

Related Job Salaries

Key Stats for Procurement Manager

Gender

Female
32 %
Male
69 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 12 votes.
Less than 1 year
2%
1-4 years
27%
5-9 years
28%
10-19 years
33%
20 years or more
11%

Experience Affects Procurement Manager Salaries

▲31%

▲13%

▲1%

National Average
AU$98,000

▼20%

Skills That Affect Procurement Manager Salaries


▲15%



▲1%

National Average
AU$98,000


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 12 votes.

Gender

Female
32 %
Male
69 %

Years of Experience

Less than 1 year
2%
1-4 years
27%
5-9 years
28%
10-19 years
33%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 10%
dental benefits
Dental: 3%
vision benefits
Vision: 2%
no benefits
None: 89%