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Salary and Benefits

Procurement Specialist
$43K-$53K / yr. (est.)
$43K
$48,312 / year
$53K
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 Specialist

What does a Procurement Specialist do?

As procurement specialists, our job is related to purchasing and managing different contracts. We are responsible for analyzing the product prices and negotiating with different vendors. We have to manage and settle contracts with the suppliers as per mutual convenience. As procurement specialists, we try to reduce the cost of goods by purchasing the products at low cost while ensuring quality. Our job tasks involve managing records, tracing orders, providing solutions regarding cost disagreements, and offering deals for services.

Core tasks:

  • evaluating products and services to understand the appropriate requirements of companies
  • providing proper cost analysis for working within the budget
  • negotiating contracts with clients and providing the best offers

Insights

How Many Years of Experience Do Professionals Need Before Becoming Procurement Specialist?
On average, people work 7+ years in other positions prior to becoming a Procurement Specialist.
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Procurement SpecialistSeattle, WA - A year ago
Hold up! 7 years is understandable, but it's not the only way to be qualified! It's about skills, not just experience!
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Procurement SpecialistHouston, TX - A year ago
🤔 I don't think 7 years is excessive if it means the specialist will have a deeper understanding of the field. Time to hone those skills!
How Long Do Procurement Specialist Employees Typically Stay in Their Roles?
On average, Procurement Specialists works in this position for 3-5 years across multiple employers.
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Corporate LawyerHouston, TX - A year ago
This is an interesting perspective. With my knowledge of contracts and legal compliance, I think a procurement specialist's role is quite dynamic and challenging. 3-5 years seems short!
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Supply Chain AnalystBoston, MA - A year ago
Wow, I'm surprised to hear that procurement specialists switch between employers so frequently. I thought continuity would be important in building relationships with suppliers.
What Is the Job Hopper Score for Procurement Specialist Employees?
Moderate job changes in Procurement Specialist, showing some career movement without excessive turnover.
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Logistics CoordinatorHouston, TX - A year ago
This reflects a broad spectrum of skills in the procurement industry. However, too many job changes could indicate difficulty finding the right fit or commitment.
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Contract AdministratorMiami, FL - A year ago
i don't really understand why people want a new job only after a short time 🤔 be content and stay committed, is that so hard to do?

Career path

Path to job

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

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Procurement Specialist Employees?
Gender ratio in Procurement Specialist position: 0.544901938295676 Male and 0.455098061704324 Female. Age ratio in Procurement Specialist position: 16-20: 7%, 21-30: 63%, 31-40: 19%, 41-50: 8%, 51-60: 3%, 60+: 0%. Procurement Specialist position is predominantly male (54.5%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Procurement SpecialistSeattle, WA - A year ago
Y'all need to stop blaming the gender and age ratios on sexism.
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Procurement SpecialistNew York City, NY - A year ago
The gender and age ratios in the Procurement Specialist position reveal some interesting trends.

Workplaces

Who Are the Top Employers for Procurement Specialist?
Top employers of Procurement Specialist position: Halliburton, Raytheon, SAP Ariba. People who work in Procurement Specialist position most typically go on to work for the Halliburton.
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Procurement SpecialistPhiladelphia, PA - A year ago
As a Procurement Specialist, I can assure you that working for Raytheon brings immense pride and satisfaction in contributing to building a safer world.
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Procurement SpecialistSan Francisco, CA - A year ago
I don't get why everyone's so obsessed with the big names. What about the local businesses in the area? They need Procurement Specialists too!
Halliburton
Raytheon
SAP Ariba
What Industries Does Procurement Specialist Typically Have Experience In?
Industry Background: The most typical industries of Procurement Specialist: Manufacturing, Information Technology, Retail, Professional / Scientific / Technical, Mining / Oil & Gas. Procurement Specialist employees most likely come from a Manufacturing industry background.
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Procurement SpecialistNew York City, NY - A year ago
Mining/Oil & Gas is where the real money is at as a Procurement Specialist. The industry demands top-notch negotiation skills ✨
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Procurement SpecialistSeattle, WA - A year ago
As a Procurement Specialist in the Information Technology field, I constantly have to stay on top of the latest tech trends and supplier evaluations. It's exciting yet challenging! 🔌

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Discussion about Procurement Specialist

Want to know more about Procurement Specialist position?
Share your thoughts and ideas about Procurement Specialist position with others in our community.
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What is the women/men ratio in the job of Procurement Specialist?
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Liam Brown3 years ago
45% are women in this profession.
What is the most common age of a Procurement Specialist?
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Liam Brown3 years ago
The typical age is 29 for a Procurement Specialist.
How much experience is typically required to work as a Procurement Specialist?
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Liam Brown3 years ago
You should work for 7 years on average to become a Procurement Specialist.
Which industries does a Procurement Specialist typically work in?
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Liam Brown3 years ago
Manufacturing is the most frequent for a Procurement Specialist.
Speaking of higher education, do I need a degree as a Procurement Specialist?
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Isabella Holmes3 years ago
Most people have a Bachelor of Science degree
As a Procurement Specialist, which company should I definitely check out for jobs?
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Benjamin Gardner3 years ago
Halliburton, Raytheon, SAP Ariba, Schlumberger and Siemens employs the most people in the Procurement Specialist role.
How many years do people spend as a Procurement Specialist in their career path?
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Liam Brown3 years ago
A Procurement Specialist typically changes positions after 4 years.
How common is it for a Procurement Specialist to jump from company to company?
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Liam Brown3 years ago
A typical Procurement Specialist might work for one or two companies.
From which job titles people come from to work as a Procurement Specialist?
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Liam Brown3 years ago
You have a good chance of becoming a Procurement Specialist if you are working as Buyer, Procurement Manager or Purchasing Manager
Working as a Procurement Specialist what job titles should I consider to switch to?
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Liam Brown3 years ago
Working as Procurement Specialist consider Buyer, Procurement Manager or Senior Procurement Specialist as a next step in your career.
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