An Experienced Procurement Manager earns an average salary of Rs 1,063,798 per year. The highest paying skills associated with this job are Contract Negotiation and Negotiation.

Rs 500,138 - Rs 2,161,275
Rs 500K
Rs 1M
Rs 2M
MEDIAN: Rs 1,106,568
10%
50%
90%
Rs 0Rs 2M
Salary Rs 500,138 - Rs 2,161,275
Bonus Rs 8,243 - Rs 295,351
Profit Sharing Rs 0.00 - Rs 95,637
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 511,421 - Rs 2,266,286
  • Country: India
  • Currency: INR
  • Updated: 31 Dec 2017
  • Individuals Reporting: 284

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 1,161,344

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

Key Stats for Procurement Manager

Gender

Female
12 %
Male
88 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 11 votes.
10-19 years
95%
20 years or more
5%

Skills That Affect Procurement Manager Salaries


▲13%


National Average
Rs 1,161,000

▼5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 11 votes.

Gender

Female
12 %
Male
88 %

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 7%
vision benefits
Vision: 6%
no benefits
None: 22%