How much does a Procurement Analyst make?
A Procurement Analyst plays a key role in managing the buying process for a company. This job involves finding suppliers, negotiating prices, and ensuring the best deals. The average yearly salary for a Procurement Analyst is $75,871. This means most analysts earn between $41,500 and $135,658 each year.
The salary can vary based on experience, skills, and location. Entry-level analysts may start around $41,500. With more experience, salaries can rise significantly. Analysts in larger cities often earn more due to higher living costs. Some analysts also earn bonuses, which can add to their total income. This job offers good earning potential and opportunities for growth.
What are the highest paying cities for a Procurement Analyst?
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Washington, DC
Average Salary: $107,109
In Washington, DC, procurement professionals thrive in a hub of government and defense contracts. Companies like Leidos and Northrop Grumman offer dynamic roles. The city's political landscape provides unique opportunities for those in public sector procurement.
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San Francisco, CA
Average Salary: $103,765
San Francisco offers a vibrant tech scene, making it an exciting place for procurement specialists. Tech giants like Apple and Salesforce need skilled analysts. The city's innovative culture drives demand for procurement talent.
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Salt Lake City, UT
Average Salary: $97,893
Salt Lake City is known for its strong business environment and outdoor lifestyle. Companies like Zions Bank and Vivint look for procurement experts. The city's growing economy offers many opportunities for career growth.
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San Jose, CA
Average Salary: $96,260
San Jose, the heart of Silicon Valley, is a prime location for procurement roles. Tech companies like Apple and Cisco need skilled analysts. The city's fast-paced environment offers many opportunities for procurement professionals.
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Pittsburgh, PA
Average Salary: $91,476
Pittsburgh offers a mix of industrial and tech opportunities. Companies like UPMC and PPG Industries seek procurement talent. The city's strong community and lower cost of living make it an attractive place to work.
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Albuquerque, NM
Average Salary: $88,768
Albuquerque provides a unique blend of natural beauty and industry. Companies like Sandia National Laboratories and Intel need procurement specialists. The city's growing tech sector offers many exciting opportunities.
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Salem, OR
Average Salary: $88,099
Salem, Oregon, offers a mix of government and private sector opportunities. Companies like Nike and the State of Oregon look for procurement experts. The city's friendly atmosphere and outdoor activities make it a great place to live and work.
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Huntsville, AL
Average Salary: $86,721
Huntsville is known for its aerospace industry and strong defense contracts. Companies like NASA and Lockheed Martin need procurement professionals. The city's growing economy offers many opportunities for career advancement.
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San Diego, CA
Average Salary: $85,175
San Diego offers a mix of military, biotech, and tech opportunities. Companies like Qualcomm and the Navy look for procurement specialists. The city's beautiful weather and coastal lifestyle make it an attractive place to work.
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Seattle, WA
Average Salary: $83,733
Seattle is a tech hub with many opportunities for procurement professionals. Companies like Amazon and Microsoft need skilled analysts. 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: $109,491
Amazon.com offers exciting opportunities for Procurement Analysts. They work in various locations, including Seattle, New York, and Austin. Amazon values efficiency and innovation, making it a great place for procurement professionals.
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BAE Systems USA
Average Salary: $92,308
BAE Systems USA provides Procurement Analysts with a chance to work in defense and aerospace. They operate in locations like Arlington, Virginia, and San Diego, California. The company focuses on cutting-edge technology and global security.
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Raytheon
Average Salary: $88,923
Raytheon offers Procurement Analysts roles in defense and commercial markets. They work in locations like Waltham, Massachusetts, and Tucson, Arizona. Raytheon is known for its innovation in technology and defense systems.
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Boeing
Average Salary: $87,012
Boeing provides Procurement Analysts with roles in aerospace and defense. They operate in locations like Seattle, Washington, and St. Louis, Missouri. Boeing is a leader in aircraft and defense technology.
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Accenture
Average Salary: $83,370
Accenture offers Procurement Analysts roles in consulting and technology. They work in locations like New York, San Francisco, and Bangalore. Accenture focuses on providing innovative solutions to businesses worldwide.
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Patriot Machine Inc
Average Salary: $79,408
Patriot Machine Inc offers Procurement Analysts roles in manufacturing and engineering. They operate in locations like Indianapolis, Indiana, and Charlotte, North Carolina. The company is known for its quality products and customer service.
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Deloitte
Average Salary: $77,400
Deloitte offers Procurement Analysts roles in consulting and financial services. They work in locations like New York, San Francisco, and London. Deloitte is a leader in professional services, providing audit, tax, and consulting.
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TEKsystems
Average Salary: $74,773
TEKsystems provides Procurement Analysts with roles in IT and consulting. They operate in locations like Atlanta, Georgia, and Chicago, Illinois. The company focuses on delivering technology solutions to businesses.
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PulteGroup, Inc
Average Salary: $73,571
PulteGroup, Inc offers Procurement Analysts roles in the real estate and construction industry. They work in locations like Atlanta, Georgia, and Charlotte, North Carolina. The company is known for building quality homes and communities.
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City of New York
Average Salary: $69,514
The City of New York offers Procurement Analysts roles in public service. They operate in various locations across New York City. The city provides a dynamic environment for procurement professionals to make a difference.
How to earn more as a Procurement Analyst?
A Procurement Analyst can increase their earnings by focusing on several key areas. Building strong relationships with suppliers and vendors can lead to better deals and cost savings. This can make a Procurement Analyst more valuable to their employer. Attending industry conferences and workshops can also provide new insights and skills. Networking with other professionals can open up new job opportunities.
Gaining certifications can also boost earnings. Certifications such as Certified Professional in Supply Management (CPSM) or Certified Purchasing Professional (CPP) can make a Procurement Analyst more attractive to employers. These certifications show a commitment to the profession and can lead to higher-paying positions. Another way to increase earnings is by taking on more responsibilities. This could include managing larger projects or leading a team. Employers often reward these additional responsibilities with higher pay. Finally, staying updated with the latest technology and tools can make a Procurement Analyst more efficient. This can lead to better performance and higher earnings.
Here are some factors to consider for earning more as a Procurement Analyst:
- Build strong supplier relationships
- Attend industry conferences and workshops
- Gain relevant certifications
- Take on more responsibilities
- Stay updated with the latest technology and tools
