The average salary for an Entry-Level Procurement Analyst is Rs 347,515 per year. A skill in Sourcing is associated with high pay for this job.

Rs 200,537 - Rs 549,439
Rs 200K
Rs 340K
Rs 550K
MEDIAN: Rs 344,079
10%
50%
90%
Rs 0Rs 586K
Salary Rs 200,537 - Rs 549,439
Bonus Rs 4,932 - Rs 99,850
Commission Rs 40,000
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).
)
Rs 204,038 - Rs 586,437
  • Country: India
  • Currency: INR
  • Updated: 11 Jan 2018
  • Individuals Reporting: 218

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 getting the best possible value. They must research the vendors to verify their credibility and ability to provide what is promised, as well as keep abreast of data resulting from the vendor relationship to make sure it is worth maintaining in its present form or at all.

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.

Procurement Analyst Job Listings

Pay Difference by Location

National Average: Rs 352,578

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

Procurement Analyst Advice

Q: What do you wish you knew about your job when you first started out?

Procurement Analyst in Bangalore:
"Procurement, Purchase."
Concentrate learning Excel Skill.

Procurement Analyst in Hyderabad:
Need to work on more domains and more erp tools.

Key Stats for Procurement Analyst

Gender

Female
28 %
Male
72 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 5 votes.
Less than 1 year
9%
1-4 years
74%
5-9 years
17%

Skills That Affect Procurement Analyst Salaries

▲18%

▲9%

National Average
Rs 353,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 5 votes.

Gender

Female
28 %
Male
72 %

Common Health Benefits

medical benefits
Medical: 73%
dental benefits
Dental: 4%
vision benefits
Vision: 6%
no benefits
None: 25%