Procurement Agent Salary (Canada)
A Procurement Agent earns an average salary of C$53,310 per year. A skill in Contract Negotiation is associated with high pay for this job.
|Salary||C$41,067 - C$75,391|
|Bonus||C$0.00 - C$4,085|
|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).)
|C$39,911 - C$73,903|
|Hourly Rate||C$11.33 - C$31.58|
|Bonus||C$0.00 - C$4,085|
|Total Pay (||C$39,911 - C$73,903|
Job Description for Procurement Agent
A procurement agent is responsible for buying high-quality items for clients at the lowest possible prices and in the correct amount. They also prepare purchase orders and solicit bid proposals, as well as review requests for goods while making sure items' suppliers offer appropriate pricing, selection, support, and reliability. The procurement agent must also follow all local laws and regulations related to purchasing and selling items, as well as negotiate and renegotiate contracts with vendors or suppliers as necessary. They must also keep their supervisors informed of their progress and provide business transaction logs, information on contract changes, and updates on item shipments.Read More...
The procurement agent is also responsible for hiring, training, and supervising clerks. They may need to hire other buyers and supervise them, ensuring the subordinate agents meet all pricing and quality standards within deadlines. Additionally, the procurement agent is responsible for going to trade shows and conferences, along with seminars to find potential suppliers and develop contracts with them.
Procurement agents generally must have at least a bachelor's degree in finance, business, or a related field. They must have excellent leadership skills, proficiency with basic computer programs, and good communication skills. Fluency in a language in addition to English may be required or preferred if the procurement agent works with suppliers in countries that speak other languages. (Copyright 2018 PayScale.com)
Procurement Agent Tasks
- Negotiate with different suppliers for price, quality, timeliness and other factors.
- Expedite and liaise with suppliers to ensure timely delivery of goods.
- Write and analyze requisitions, invoices, supply requests and supply orders.
- Track and monitor inventory and needs to determine when to order or purchase new items.
Procurement Agent Job Listings
Pay by Experience Level for Procurement Agent
Pay by Experience for a Procurement Agent has a negative trend. An entry-level Procurement Agent with less than 5 years of experience can expect to earn an average total compensation of C$56,000 based on 21 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Procurement Agent with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of C$61,000 based on 15 salaries. An experienced Procurement Agent which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of C$46,000 based on 11 salaries. A Procurement Agent with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of C$48,000 based on 6 salaries.
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Key Stats for Procurement Agent
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