A Mid-Career Procurement Manager earns an average salary of Rs 815,205 per year.

Rs 399,875 - Rs 1,394,688
Rs 400K
Rs 800K
Rs 1M
MEDIAN: Rs 798,359
10%
50%
90%
Rs 0Rs 1M
Salary Rs 399,875 - Rs 1,394,688
Bonus Rs 0.00 - Rs 200,727
Profit Sharing Rs 0.00 - Rs 93,326
Commission Rs 50,000
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 407,044 - Rs 1,467,541
  • Country: India
  • Currency: INR
  • Updated: 9 Jan 2018
  • Individuals Reporting: 344

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

Pay Difference by Location

National Average: Rs 840,538

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

Key Stats for Procurement Manager

Gender

Female
13 %
Male
87 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 14 votes.
5-9 years
77%
10-19 years
23%

Skills That Affect Procurement Manager Salaries



▲4%

▲3%

National Average
Rs 841,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 14 votes.

Gender

Female
13 %
Male
87 %

Common Health Benefits

medical benefits
Medical: 79%
dental benefits
Dental: 7%
vision benefits
Vision: 6%
no benefits
None: 20%