$54,006
Avg. Salary
Avg. Hourly Rate
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The average pay for a Procurement Analyst with Contract Management skills is {{pay}} per hour.

The average pay for a Procurement Analyst with Contract Management skills is $54,006 per year.

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MEDIAN $54,006

Job Description for Procurement Analyst

A procurement analyst builds new relationships between the company and vendors, and ensures that these relationships are maintained to the satisfaction of all parties. The analyst also negotiates arrangements for the purchase of the goods, materials, and services the company requires within its budget limitations. In meetings with vendors, the procurement analyst must determine prices and set up a system of delivery, as well as research the market appropriately to ensure that the company is getting the best possible value. They must research the vendors to verify their credibility and ability to provide what is promised, as well as keep abreast of data resulting from the vendor relationship to make sure it is worth maintaining in its present form or at all.

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Procurement Analyst Tasks
  • Collect and analyze organization-wide data to support decision-making groups.
  • Update system and inventory data, leading data quality and assurance.
  • Define, measure, and track categories for spending to provide targeted analyses of budget.
  • Negotiate costs, specifications, and timelines with vendors and suppliers, ensuring beneficial contracts.
  • Coordinate payment, delivery, scheduling, and organization of purchases, and place orders to ensure ongoing supply.

Procurement Analyst Job Listings

Key Stats for Procurement Analyst

1-4 years
100%

Common Health Benefits

medical benefits
Medical: 57%
dental benefits
Dental: 43%
vision benefits
Vision: 43%
no benefits
None: 43%