Average Procurement Manager Salary in India

Rs 958,955
Avg. SalaryShow Hourly Rate
Rs 98,984
Bonus
Rs 29,479
Profit Sharing
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The average salary for a Procurement Manager in India is Rs 958,955.
10%
Rs 355k
MEDIAN
Rs 959k
90%
Rs 2m
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United States (change)
Salary
Rs 355k - Rs 2m
Bonus
Rs 14k - Rs 273k
Profit Sharing
Rs 13 - Rs 194k
Total Pay
Rs 386k - Rs 2m

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Job Description for Procurement Manager

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.

Job Satisfaction for Procurement Manager

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Popular Employer Salaries for Procurement Manager

The top respondents for the job title Procurement Manager are from the companies Accenture, Larsen & Toubro Limited and Larsen and Toubro Ltd.. Reported salaries are highest at Siemens Ltd where the average pay is Rs 1,100,000. Other companies that offer high salaries for this role include Accenture, earning around Rs 1,028,066. Larsen and Toubro Ltd. pays the lowest at around Rs 605,000. Larsen & Toubro Limited also pays on the lower end of the scale, paying Rs 800,000.

Procurement Manager Job Listings

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Popular Skills for Procurement Manager

Skills in Procurement, Negotiation, Contract Negotiation and Supplier Management are correlated to pay that is above average. Skills that pay less than market rate include Vendor Management.

Pay by Experience Level for Procurement Manager

An entry-level Procurement Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of Rs 300,003 based on 6 salaries. An early career Procurement Manager with 1-4 years of experience earns an average total compensation of Rs 535,982 based on 83 salaries. A mid-career Procurement Manager with 5-9 years of experience earns an average total compensation of Rs 820,803 based on 219 salaries. An experienced Procurement Manager with 10-19 years of experience earns an average total compensation of Rs 1,161,479 based on 317 salaries. In their late career (20 years and higher), employees earn an average total compensation of Rs 1,464,097.
Employees with Procurement Manager in their job title in Gurgaon, Haryana earn an average of 18.4% more than the national average. These job titles also find higher than average salaries in Pune, Maharashtra (9.4% more) and Mumbai, Maharashtra (8.6% more). The lowest salaries can be found in Chennai, Tamil Nadu (12.5% less), Hyderabad, Andhra Pradesh (11.4% less) and New Delhi, Delhi (0.9% less).

Years of Experience

This data is based on 659 survey responses.
Entry Level
0.9%
Early Career
12.6%
Mid Career
33.2%
Experienced
48.1%
Late Career
5.2%

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