Average Procurement Specialist with Vendor Management Skills Salary

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The average salary for a Procurement Specialist with Vendor Management skills is $56,731.
MEDIAN $56,731
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United States (change)
$40k - $80k
$502 - $8k
Profit Sharing
$750 - $5k
$0 - $2k
Total Pay
$36k - $80k

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Job Description for Procurement Specialist

Procurement Specialist Tasks
  • Negotiate with different suppliers for price, quality, timeliness and other factors.
  • Expedite and liaise with suppliers to ensure timely delivery of goods.
  • Write and analyze requisitions, invoices, supply requests and supply orders.
  • Track and monitor inventory and needs to determine when to order or purchase new items.

Popular Employer Salaries for Procurement Specialist

The top respondents for the job title Procurement Specialist are from the companies Raytheon Co., Schlumberger and Siemens. Reported salaries are highest at Siemens where the average pay is $79,992. Other companies that offer high salaries for this role include Schlumberger and Viasat, Inc., earning around $62,009 and $57,000, respectively. Chatham Area Transit pays the lowest at around $43,039. NBBJ and L-3 Communications also pay on the lower end of the scale, paying $48,328 and $56,000, respectively.

Procurement Specialist Job Listings

Popular Skills for Procurement Specialist

Skills in Sourcing, Negotiation and Contract Negotiation are correlated to pay that is above average. Skills that pay less than market rate include Purchasing and Procurement.

Pay by Experience Level for Procurement Specialist

An entry-level Procurement Specialist with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $49,574 based on 128 salaries. An early career Procurement Specialist with 1-4 years of experience earns an average total compensation of $53,663 based on 473 salaries. A mid-career Procurement Specialist with 5-9 years of experience earns an average total compensation of $60,977 based on 261 salaries. An experienced Procurement Specialist with 10-19 years of experience earns an average total compensation of $62,083 based on 185 salaries. In their late career (20 years and higher), employees earn an average total compensation of $62,516.
Employees with Procurement Specialist in their job title in New York, New York earn an average of 23.0% more than the national average. These job titles also find higher than average salaries in Washington, District of Columbia (15.9% more) and Los Angeles, California (14.6% more). The lowest salaries can be found in Denver, Colorado (10.7% less) and Atlanta, Georgia (2.3% less).

Years of Experience

This data is based on 1,113 survey responses.
Entry Level
Early Career
Mid Career
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