Avg. Base Salary (USD)
The average salary for a Procurement Specialist is $76,456
What is the Pay by Experience Level for Procurement Specialists?
An early career Procurement Specialist with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $75,199 based on 7 salaries. A mid-career Procurement Specialist with 5-9 years of experience earns an average total compensation of $77,419 based on 6 salaries.
What Do Procurement Specialists Do?
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 …Read more
- 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.