Avg. Base Salary (USD)
The average salary for a Procurement Manager is $84,568
What is the Pay by Experience Level for Procurement Managers?
An entry-level Procurement Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $63,101 based on 27 salaries. An early career Procurement Manager with 1-4 years of experience earns an average total compensation of $73,204 based on 395 salaries. A …Read more
What Do Procurement Managers Do?
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 …Read more