A Procurement Manager in Pune, Maharashtra earns an average salary of Rs 1,169,587 per year. Most people move on to other jobs if they have more than 20 years' experience in this career.

Rs 501,344 - Rs 1,986,586
Rs 500K
Rs 1M
Rs 2M
MEDIAN: Rs 1,054,822
10%
50%
90%
Rs 0Rs 2M
Salary Rs 501,344 - Rs 1,986,586
Bonus Rs 10,137 - Rs 151,521
Profit Sharing Rs 12,500
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 503,353 - Rs 2,284,574
  • Country: India
  • Currency: INR
  • Updated: 11 Jan 2018
  • Individuals Reporting: 40

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
8 %
Male
92 %
Less than 1 year
3%
1-4 years
18%
5-9 years
35%
10-19 years
40%
20 years or more
5%

Experience Affects Procurement Manager Salaries

▲10%

▲7%

National Average
Rs 1,083,000

Skills That Affect Procurement Manager Salaries

Contract Negotiation
▲18%


Negotiation
▲11%

▲10%

National Average
Rs 1,083,000

Gender

Female
8 %
Male
92 %

Years of Experience

Less than 1 year
3%
1-4 years
18%
5-9 years
35%
10-19 years
40%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 82%
dental benefits
Dental: 6%
vision benefits
Vision:
no benefits
None: 18%