The average salary for a Procurement Manager in South Africa is R509,915.
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R196k - R985k
R8k - R125k
R15k - R166k
R197k - R1m
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Job Description for Procurement Manager
A procurement manager is the primary point of contact between a business and its suppliers. Using superb analytical skills, a procurement manager identifies potential suppliers, screens them, and negotiates favorable payment terms with selected suppliers. After formalizing the supply contract with the aid of legal professionals, the procurement manager then monitors supplier performance to ensure contractual obligations are met and to help make the supply procurement process as cost-effective an…Read more
Procurement Manager Tasks
- Negotiate contracts, policies and deadlines with suppliers and vendors.
- Monitor prices by product and vendor to predict and account for financial fluctuations.
- Manage flow of goods and supplies for optimum production, analyzing and adapting internal policies.
- Prepare and process purchase orders and purchase requisitions, and maintain documentation of the acquisition of goods.
- Manage staff and vendors for timely arrival of products and goods.
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Popular Skills for Procurement Manager
Skills in Contract Negotiation and Contract Management are correlated to pay that is above average. Skills that pay less than market rate include Supplier Management, Negotiation and Procurement.
Pay by Experience Level for Procurement Manager
An entry-level Procurement Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of R258,000 based on 5 salaries. An early career Procurement Manager with 1-4 years of experience earns an average total compensation of R357,967 based on 110 salaries. A mid-career Procurement Manager with 5-9 years of experience earns an average total compensation of R485,159 based on 130 salaries. An experienced Procurement Manager with 10-19 years of experience earns an average total compensation of R623,512 based on 159 salaries. In their late career (20 years and higher), employees earn an average total compensation of R623,077.
Years of Experience
This data is based on 469 survey responses.