How much does a Procurement Analyst make?
A Procurement Analyst plays a key role in the supply chain of a company. They work to find and buy the goods and services a company needs. This job is important and comes with a good salary. The average yearly salary for a Procurement Analyst is around $75,993. This means that most people in this job earn close to this amount each year.
The salary for a Procurement Analyst can vary based on experience and skills. Here are some details:
- The lowest 10% earn about $41,500 a year.
- The next 20% earn between $41,500 and $59,268 a year.
- The middle 20% earn between $59,268 and $68,152 a year.
- The next 20% earn between $68,152 and $77,036 a year.
- The highest 10% earn more than $103,689 a year.
What are the highest paying cities for a Procurement Analyst?
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Washington, DC
Average Salary: $111,088
In Washington, DC, professionals in procurement enjoy a dynamic environment. The city's numerous government agencies and contractors offer diverse opportunities. Working here means engaging with top-tier organizations and contributing to critical projects.
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Salt Lake City, UT
Average Salary: $94,489
Salt Lake City provides a vibrant setting for procurement specialists. The city's growing tech and healthcare sectors create a demand for skilled analysts. Professionals here benefit from a supportive community and a strong job market.
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Seattle, WA
Average Salary: $90,478
Seattle is known for its tech giants and innovative companies. Procurement analysts in this city work with some of the world's leading tech firms. The city offers a collaborative atmosphere and a chance to be part of groundbreaking projects.
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Pittsburgh, PA
Average Salary: $89,764
Pittsburgh offers a unique blend of industry and innovation. Procurement analysts here work with companies in manufacturing, healthcare, and technology. The city's strong community and lower cost of living make it an attractive choice.
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Salem, OR
Average Salary: $88,099
Salem provides a peaceful yet productive environment for procurement professionals. The city's government and healthcare sectors offer stable job opportunities. Working here means enjoying a high quality of life and a supportive community.
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San Diego, CA
Average Salary: $85,811
San Diego is a hub for defense and biotech industries. Procurement analysts in this city work with major companies in these sectors. The city's beautiful weather and vibrant culture make it an appealing place to live and work.
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Baltimore, MD
Average Salary: $85,504
Baltimore offers a mix of urban and suburban living. Procurement analysts here work with a variety of companies, including healthcare and government agencies. The city's rich history and diverse culture add to its appeal.
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Albuquerque, NM
Average Salary: $84,897
Albuquerque provides a unique setting for procurement professionals. The city's aerospace and technology sectors offer exciting opportunities. Working here means enjoying a lower cost of living and a strong sense of community.
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Huntsville, AL
Average Salary: $84,091
Huntsville is known for its aerospace industry and research institutions. Procurement analysts here work with major defense contractors and tech companies. The city offers a welcoming community and a strong job market.
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Portland, OR
Average Salary: $83,567
Portland offers a progressive and eco-friendly environment. Procurement analysts here work with companies in tech, healthcare, and green industries. The city's vibrant culture and outdoor activities make it a great place to live and work.
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What are the best companies a Procurement Analyst can work for?
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Amazon.com
Average Salary: $119,683
Amazon.com offers exciting opportunities for Procurement Analysts. They work in various locations, including Seattle, New York, and San Francisco. Amazon values efficiency and innovation, making it a great place for procurement professionals.
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BAE Systems USA
Average Salary: $89,682
BAE Systems USA provides Procurement Analysts with a chance to work in defense and aerospace sectors. They operate in locations like Arlington, Virginia, and San Diego, California. The company focuses on technology and innovation, offering a dynamic work environment.
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Boeing
Average Salary: $87,318
Boeing offers Procurement Analysts roles in the aerospace industry. They work in locations like Seattle, Washington, and St. Louis, Missouri. Boeing is a leader in aerospace, providing a stable and rewarding career path.
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Accenture
Average Salary: $83,370
Accenture provides Procurement Analysts with a chance to work in consulting and technology. They operate in locations like New York, Chicago, and San Francisco. Accenture values innovation and offers a collaborative work environment.
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Deloitte
Average Salary: $77,400
Deloitte offers Procurement Analysts roles in consulting and auditing. They work in locations like New York, Chicago, and San Francisco. Deloitte focuses on providing top-notch services and offers a dynamic work environment.
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PulteGroup, Inc
Average Salary: $74,992
PulteGroup, Inc offers Procurement Analysts roles in the homebuilding industry. They operate in locations like Atlanta, Georgia, and Charlotte, North Carolina. PulteGroup values quality and innovation, providing a rewarding career path.
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General Dynamics Information Technology
Average Salary: $73,049
General Dynamics Information Technology provides Procurement Analysts with a chance to work in information technology. They operate in locations like Falls Church, Virginia, and San Diego, California. The company focuses on technology and innovation, offering a dynamic work environment.
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CBRE
Average Salary: $67,828
CBRE offers Procurement Analysts roles in real estate. They work in locations like Los Angeles, California, and New York, New York. CBRE values efficiency and innovation, making it a great place for procurement professionals.
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City of New York
Average Salary: $67,681
The City of New York provides Procurement Analysts with a chance to work in public service. They operate in New York City. The city values efficiency and innovation, offering a rewarding career path.
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IDEA Public Schools
Average Salary: $67,096
IDEA Public Schools offers Procurement Analysts roles in education. They operate in locations like San Antonio, Texas, and Miami, Florida. IDEA Public Schools values education and innovation, providing a rewarding career path.
How to earn more as a Procurement Analyst?
A Procurement Analyst can increase their earnings by focusing on several key areas. Building a strong foundation of skills and knowledge is crucial. This includes understanding procurement processes and supply chain management. Gaining certifications such as Certified Professional in Supply Management (CPSM) can enhance credibility and open up higher-paying opportunities.
Networking plays a significant role in career advancement. Attending industry events, joining professional organizations, and connecting with peers can lead to job opportunities and salary increases. Continuous learning and staying updated with market trends also help in negotiating better salaries. Seeking out mentorship and feedback from experienced professionals can provide valuable insights and guidance. Lastly, taking on leadership roles and demonstrating the ability to manage projects and teams can lead to higher-paying positions.
Here are five factors to consider for earning more as a Procurement Analyst:
- Obtain relevant certifications.
- Build a strong professional network.
- Stay updated with industry trends.
- Seek mentorship and feedback.
- Take on leadership roles.
