A Procurement Analyst with Sourcing skills earns an average salary of Rs 433,405 per year. Most people with this job move on to other positions after 10 years in this career.

Rs 208,533 - Rs 630,446
Rs 210K
Rs 430K
Rs 630K
MEDIAN: Rs 428,552
10%
50%
90%
Rs 0Rs 684K
Salary Rs 208,533 - Rs 630,446
Bonus Rs 2,027 - Rs 102,129
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 236,718 - Rs 684,533
  • Country: India
  • Currency: INR
  • Updated: 13 Jan 2018
  • Individuals Reporting: 73

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.

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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

Key Stats for Procurement Analyst

Gender

Female
28 %
Male
72 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 2 votes.
Less than 1 year
3%
1-4 years
58%
5-9 years
38%
10-19 years
1%

Experience Affects Procurement Analyst Salaries

Mid-Career
▲14%

National Average
Rs 441,000

▼5%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 2 votes.

Gender

Female
28 %
Male
72 %

Years of Experience

Less than 1 year
3%
1-4 years
58%
5-9 years
38%
10-19 years
1%

Common Health Benefits

medical benefits
Medical: 76%
dental benefits
Dental: 5%
vision benefits
Vision: 5%
no benefits
None: 21%