HK$574,381
Avg. Salary
Avg. Hourly Rate
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The average pay for a Procurement Manager in Hong Kong is {{pay}} per hour.

The average pay for a Procurement Manager in Hong Kong is HK$574,381 per year.

10%
HK$0.00
10%
HK$0.00
50%
HK$0.00
90%
90%
MEDIAN HK$0.00
10%
HK$327k
10%
HK$574k
50%
HK$806k
90%
90%
MEDIAN HK$574,381
HK$326,811 - HK$806,473
HK$330K
HK$570K
HK$810K
MEDIAN: HK$574,381
10%
50%
90%
HK$0HK$823K
Salary HK$326,811 - HK$806,473
Bonus HK$58,958
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).
)
HK$326,811 - HK$823,343
  • Country: Hong Kong
  • Currency: HKD
  • Updated: 13 Mar 2019
  • 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 Job Listings

Key Stats for Procurement Manager

Gender

Female
40 %
Male
60 %
1-4 years
9%
5-9 years
27%
10-19 years
59%
20 years or more
5%

Experience Affects Procurement Manager Salaries

▲6%

National Average
HK$579,000

▼16%

Gender

Female
40 %
Male
60 %

Years of Experience

1-4 years
9%
5-9 years
27%
10-19 years
59%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 42%
vision benefits
Vision:
no benefits
None: 8%