The average salary for a Procurement Analyst in India is Rs 404,358.
MEDIAN Rs 404,358
Is Procurement Analyst your job title? Get a personalized salary report!
Rs 228k - Rs 661k
Rs 7k - Rs 102k
Rs 236k - Rs 706k
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Job Description for Procurement Analyst
A procurement analyst builds new relationships between the company and vendors, and ensures that these relationships are maintained to the satisfaction of all parties. The analyst also negotiates arrangements for the purchase of the goods, materials, and services the company requires within its budget limitations. In meetings with vendors, the procurement analyst must determine prices and set up a system of delivery, as well as research the market appropriately to ensure that the company is gett…Read more
Procurement Analyst Tasks
- Collect and analyze organization-wide data to support decision-making groups.
- Update system and inventory data, leading data quality and assurance.
- Define, measure, and track categories for spending to provide targeted analyses of budget.
- Negotiate costs, specifications, and timelines with vendors and suppliers, ensuring beneficial contracts.
- Coordinate payment, delivery, scheduling, and organization of purchases, and place orders to ensure ongoing supply.
Popular Employer Salaries for Procurement Analyst
The top respondents for the job title Procurement Analyst are from the companies Accenture, Accenture Technology Solutions and Invesco. Reported salaries are highest at Invesco where the average pay is Rs 600,000. Accenture Technology Solutions pays the lowest at around Rs 460,000.
Explore the most common career paths for Procurement Analyst. Thickness and color of lines indicates how common a path is.
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Procurement Analyst Job Listings
Popular Skills for Procurement Analyst
Skills in Procurement, Sourcing and Data Analysis are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Excel and Purchasing.
Pay by Experience Level for Procurement Analyst
An entry-level Procurement Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of Rs 290,325 based on 23 salaries. An early career Procurement Analyst with 1-4 years of experience earns an average total compensation of Rs 375,535 based on 141 salaries. A mid-career Procurement Analyst with 5-9 years of experience earns an average total compensation of Rs 501,269 based on 65 salaries. An experienced Procurement Analyst with 10-19 years of experience earns an average total compensation of Rs 823,500 based on 6 salaries.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Procurement Analyst in their job title in Gurgaon, Haryana earn an average of 35.9% more than the national average. These job titles also find higher than average salaries in Hyderabad, Andhra Pradesh (8.4% more) and Bangalore, Karnataka (6.5% more). The lowest salaries can be found in Pune, Maharashtra (25.8% less), Chennai, Tamil Nadu (24.8% less) and Delhi, Delhi (21.4% less).
Years of Experience
This data is based on 235 survey responses.
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