Average Procurement Specialist with Inventory Management Skills Salary

$51,186
Avg. SalaryShow Hourly Rate
$2,479
Bonus
$2,000
Commission
$2,948
Profit Sharing
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The average salary for a Procurement Specialist with Inventory Management skills is $51,186.
10%
$37k
10%
$51k
50%
$75k
90%
90%
MEDIAN $51,186
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United States (change)
Salary
$37k - $75k
Bonus
$814 - $8k
Profit Sharing
$1k - $5k
Commission
$0 - $2k
Total Pay
$35k - $73k

Your Market Worth Over Time

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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

Career Paths

Explore the most common career paths for Procurement Specialist. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Procurement Specialist
Procurement Manager
Senior Buyer
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Procurement Specialist Job Listings

Popular Skills for Procurement Specialist

Skills in Procurement, Purchasing, Vendor Management, Sourcing and Negotiation are correlated to pay that is above average.

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 $45,389 based on 28 salaries. An early career Procurement Specialist with 1-4 years of experience earns an average total compensation of $48,204 based on 232 salaries. A mid-career Procurement Specialist with 5-9 years of experience earns an average total compensation of $58,464 based on 105 salaries. An experienced Procurement Specialist with 10-19 years of experience earns an average total compensation of $57,866 based on 88 salaries. In their late career (20 years and higher), employees earn an average total compensation of $53,458.
Employees with Procurement Specialist in their job title in Charlotte, North Carolina earn an average of 21.9% more than the national average. These job titles also find higher than average salaries in New York, New York (15.2% more) and Dallas, Texas (7.5% more). The lowest salaries can be found in Denver, Colorado (14.0% less), Baltimore, Maryland (3.8% less) and Houston, Texas (2.2% less).

Years of Experience

This data is based on 492 survey responses.
Entry Level
5.7%
Early Career
47.2%
Mid Career
21.3%
Experienced
17.9%
Late Career
7.9%