Purchasing Manager Salary (India)
A Purchasing Manager earns an average salary of Rs 714,557 per year. Most people with this job move on to other positions after 20 years in this career. Skills that are associated with high pay for this job are Project Management, Procurement, and Inventory Management.
|Range||Rs 0Rs 1M|
|Salary||Rs 302,104 - Rs 1,595,268|
|Bonus||Rs 7,861 - Rs 204,692|
|Profit Sharing||Rs 0.00 - Rs 118,359|
|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 310,600 - Rs 1,723,380|
Job Description for Purchasing Manager
Purchasing managers are involved in all aspects of the company’s business, from development to finding costs savings to corporate strategy to production. A successful purchasing manager must be able to review proposals for new projects in a timely manner, and they must maintain frequent interaction with marketing teams to discuss sales proposals and marketing strategies. They also must be skilled at finding cost savings.Read More...
Purchasing managers handle contract negotiation, maintain level of rapport with vendors and clientele, and supervise purchasing agents. They strive to seek out the best possible vendors with the most reasonable price for the value sought.
Individuals in these positions must be able to multitask while paying great attention to detail. They must have a solid understanding of math, as well as excellent analytical skills. A successful purchasing manager exudes confidence and is able to think quickly on his or her feet. He or she must be comfortable with enforcing the company’s policies and procedures, as well as have a good background in business and knowing how an organization functions internally. (Copyright 2018 PayScale.com)
Purchasing Manager Tasks
- Manage and direct employees involved in the buying, selling or distributions aspects of a company.
- Analyze and implement purchasing processes and delivery systems.
- Negotiate purchasing contracts and policies with respective suppliers.
Purchasing Manager Job Listings
Popular Skills for Purchasing Manager
Pay by Experience Level for Purchasing Manager
Pay by Experience for a Purchasing Manager has a positive trend. An entry-level Purchasing Manager with less than 5 years of experience can expect to earn an average total compensation of Rs 409,000 based on 77 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Purchasing Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of Rs 726,000 based on 161 salaries. An experienced Purchasing Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of Rs 960,000 based on 157 salaries. A Purchasing Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of Rs 952,000 based on 41 salaries.
Pay Difference by Location
Related Job Salaries
Key Stats for Purchasing Manager
Rated 4 out of 5
based on 11 votes.