The average salary for a Procurement Specialist with Procurement skills is $56,015.
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$40k - $81k
$490 - $10k
$480 - $8k
$1k - $3k
$36k - $80k
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Job Description for Procurement Specialist
Procurement specialists specialize in finding goods and services for businesses at the best price to ensure the businesses' continued functionality. This can include office supplies, inventory, and large scale purchases like real estate. These specialists are counted on to meet budgetary constraints and increase profitability. Procurement specialists can range from entry level to senior level positions in a company. In entry level positions, they may issue purchase orders based on the requirem…Read more
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 Schlumberger, Viasat, Inc. and Raytheon Co.. Reported salaries are highest at Siemens where the average pay is $68,827. Other companies that offer high salaries for this role include Schlumberger and Northrop Grumman Corporation, earning around $63,807 and $60,843, respectively. ConAgra Foods Inc. pays the lowest at around $50,734. Raytheon Co. and Viasat, Inc. also pay on the lower end of the scale, paying $54,748 and $56,064, respectively.
Explore the most common career paths for Procurement Specialist. Thickness and color of lines indicates how common a path is.
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Procurement Specialist Job Listings
Popular Skills for Procurement Specialist
Skills in Vendor Management, Sourcing, Negotiation and Contract Negotiation are correlated to pay that is above average. Skills that pay less than market rate include Purchasing.
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 $49,567 based on 255 salaries. An early career Procurement Specialist with 1-4 years of experience earns an average total compensation of $53,286 based on 792 salaries. A mid-career Procurement Specialist with 5-9 years of experience earns an average total compensation of $59,171 based on 477 salaries. An experienced Procurement Specialist with 10-19 years of experience earns an average total compensation of $61,487 based on 329 salaries. In their late career (20 years and higher), employees earn an average total compensation of $62,990.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Procurement Specialist in their job title in Washington, District of Columbia earn an average of 19.3% more than the national average. These job titles also find higher than average salaries in Houston, Texas (11.8% more) and New York, New York (8.0% more). The lowest salaries can be found in Denver, Colorado (7.1% less) and Atlanta, Georgia (0.7% less).
Years of Experience
This data is based on 1,983 survey responses.
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