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Salary and Benefits

Procurement Manager
$57K-$70K / yr. (est.)
$58K
$63,988 / year
$70K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Procurement Manager

What does a Procurement Manager do?

As Procurement Managers, we manage the company’s supply of products, services and strategize to find cost-effective deals and suppliers to cut procurement expenses to invest in growth and people. We discover profitable suppliers and initiate business and organization partnerships by negotiating with external vendors to secure advantageous terms. We approve the ordering of necessary goods and services and finalize purchase details of orders and deliveries. We also examine and test existing contracts while tracking and reporting key functional metrics to reduce expenses and improve effectiveness.

Core tasks:

  • collaborate with key persons to ensure clarity of the specifications and expectations of the company
  • foresee alterations in the comparative negotiating ability of suppliers and clients
  • expect unfavorable events through analysis of data and prepare control strategies

Insights

How Many Years of Experience Do Professionals Need Before Becoming Procurement Manager?
On average, people work 7+ years in other positions prior to becoming a Procurement Manager.
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Procurement ManagerSeattle, WA - 10 months ago
seriously? 7+ years? That's ridiculous! I bet there are talented individuals out there who can do the job in less time. This is just a way to hold people back!
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Procurement ManagerDenver, CO - 10 months ago
7 years seems reasonable to me. I believe it provides individuals with the necessary experience and knowledge to effectively manage procurement processes.
How Long Do Procurement Manager Employees Typically Stay in Their Roles?
On average, Procurement Managers works in this position for 5+ years across multiple employers.
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Operations DirectorLos Angeles, CA - 10 months ago
Procurement Managers! Any tips on how to quickly adjust to a new employer and hit the ground running?
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Purchasing AssistantAtlanta, GA - 10 months ago
This infographic makes me realize the importance of networking and building relationships as a Procurement Manager. Time to step up my game!
What Is the Job Hopper Score for Procurement Manager Employees?
Moderate job changes in Procurement Manager, showing some career movement without excessive turnover.
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HR CoordinatorAtlanta, GA - 10 months ago
🙄 Why do people keep jumping from one role to another within Procurement Manager? Is it a lack of dedication or just bad management?
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Supply Chain AnalystNew York City, NY - 10 months ago
This is a positive example of mid-career progression for Procurement Managers, proving that there are ample opportunities for growth and continuous development within the field. 📈

Career path

Path to job

Discover a Procurement Manager's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Procurement Manager typically studied at.
Arizona State University-Tempe
Michigan State University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Procurement Manager Employees?
Gender ratio in Procurement Manager position: 0.681042559836461 Male and 0.318957440163539 Female. Age ratio in Procurement Manager position: 16-20: 4%, 21-30: 41%, 31-40: 34%, 41-50: 15%, 51-60: 5%, 60+: 1%. Procurement Manager position is predominantly male (68.1%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Procurement ManagerPhiladelphia, PA - 10 months ago
It's disheartening to see that the majority of procurement managers are male. We need more diversity in this field! 😔
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Procurement ManagerPhoenix, AZ - 10 months ago
As a male procurement manager in my 50s, I think the age breakdown needs improvement as well. 🤦

Workplaces

Who Are the Top Employers for Procurement Manager?
Top employers of Procurement Manager position: Amazon, BASF Corporation, Boeing. People who work in Procurement Manager position most typically go on to work for the Amazon.
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Supply Chain AnalystHouston, TX - 10 months ago
I disagree, Amazon is one of the best employers for Supply Chain Analysts. They have cutting-edge technology and provide great learning opportunities!
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Procurement OfficerMiami, FL - 10 months ago
Boeing is a company with a history of innovation and quality. Their commitment to excellence makes them an ideal employer for Procurement Officers.
Amazon
BASF Corporation
Boeing
What Industries Does Procurement Manager Typically Have Experience In?
Industry Background: The most typical industries of Procurement Manager: Manufacturing, Retail, Information Technology, Professional / Scientific / Technical, Construction. Procurement Manager employees most likely come from a Manufacturing industry background.
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Procurement ManagerHouston, TX - 11 months ago
Y'all, being a procurement manager in the retail industry is one tough gig! Managing inventory levels, negotiating deals, and ensuring timely deliveries is a constant juggling act. 💪
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Procurement ManagerPhiladelphia, PA - 11 months ago
I may not have a fancy title, but as a procurement manager in the construction industry, I'm under constant pressure to source materials within tight deadlines while keeping costs down. It's a high-stress job! 😫

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Discussion about Procurement Manager

Want to know more about Procurement Manager position?
Share your thoughts and ideas about Procurement Manager position with others in our community.
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Is Procurement Manager a female or male dominated profession?
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Liam Brown3 years ago
Mostly men choose this job, but women also choose this.
What is the typical age of people who work as a Procurement Manager?
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Isabella Holmes3 years ago
The typical age is 33 for a Procurement Manager.
Is a Procurement Manager considered to be a senior profession?
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Benjamin Gardner3 years ago
7 years of experience is needed on average for a Procurement Manager.
Which industries does a Procurement Manager typically work in?
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Sophie Hayes3 years ago
For a Procurement Manager it’s the most likely to work in the Manufacturing.
What kind of higher education a Procurement Manager need?
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Benjamin Gardner3 years ago
As a Procurement Manager you’ll probably need Bachelor of Science degree
Where are you working as a Procurement Manager?
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Benjamin Gardner3 years ago
If you are a Procurement Manager you should definitely apply for Amazon, BASF Corporation, Boeing, PepsiCo and Siemens
How many years of experience as a Procurement Manager is needed in average to switch to another position?
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Isabella Holmes3 years ago
A Procurement Manager typically changes positions after more than 5 years.
How common is it for a Procurement Manager to jump from company to company?
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Benjamin Gardner3 years ago
a Procurement Manager is not a typical job hopper, but might change companies.
What work history do people usually have before becoming a Procurement Manager?
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Isabella Holmes3 years ago
Buyer, Purchasing Manager or Supply Chain Manager are the typical prior positions for a Procurement Manager
Working as a Procurement Manager what job titles should I consider to switch to?
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Benjamin Gardner3 years ago
Working as Procurement Manager consider Director OF Procurement, Purchasing Manager or Buyer as a next step in your career.
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