Average Vice President (VP), Procurement Salary

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The average salary for a Vice President (VP), Procurement is $150,583.
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United States (change)
$96k - $201k
$7k - $61k
Profit Sharing
$5k - $31k
Total Pay
$99k - $250k

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Job Description for Vice President (VP), Procurement

Vice President (VP), Procurement Tasks
  • Supervise and direct the work of strategic sourcing personnel.
  • Establish strong relationships vendors, facilitate communication, and work to ensure production and delivery targets are met.
  • Lead the evaluation of suppliers and work to reduce vendor risk by developing scorecards and analyzing vendor performance.
  • Direct efforts to improve supply chain efficiency, maintain product quality standards, and reduce costs.
  • Develop and carry out strategies, policies, and procedures for the procurement of supplies for the entire organization.

Job Satisfaction for Vice President (VP), Procurement

4.2 out of 5
Highly Satisfied

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Popular Skills for Vice President (VP), Procurement

Skills that pay less than market rate include Sourcing, Leadership, Procurement, Negotiation and Contract Negotiation.

Pay by Experience Level for Vice President (VP), Procurement

An early career Vice President (VP), Procurement with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $101,736 based on 7 salaries. A mid-career Vice President (VP), Procurement with 5-9 years of experience earns an average total compensation of $118,097 based on 26 salaries. An experienced Vice President (VP), Procurement with 10-19 years of experience earns an average total compensation of $153,308 based on 85 salaries. In their late career (20 years and higher), employees earn an average total compensation of $158,061.
Employees with Vice President (VP), Procurement in their job title in Chicago, Illinois earn an average of 16.2% more than the national average. These job titles also find higher than average salaries in Atlanta, Georgia (1.1% more). The lowest salaries can be found in Houston, Texas (32.2% less), New York, New York (4.1% less) and Rancho Cucamonga, California (0.4% less).

Years of Experience

This data is based on 237 survey responses.
Early Career
Mid Career
Late Career