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How much does a Procurement Manager make?

The average salary for a Procurement Manager is $114,968 per year in the US.

A Procurement Manager plays a key role in buying goods and services for a company. This job often involves negotiating with suppliers, managing budgets, and ensuring the quality of purchased items. A Procurement Manager can expect an average yearly salary of $114,968. This figure can change based on experience, location, and industry.

Let's break down the salary data for Procurement Managers. The table below shows the earnings based on experience:

  • $53,776 for entry-level managers
  • $67,514 for those with a few years of experience
  • $81,253 for mid-career managers
  • $94,992 for those with more experience
  • $108,730 for senior managers
  • $122,469 for those with extensive experience
  • $136,207 for very experienced managers
  • $149,946 for top-level managers
  • $163,684 for highly experienced managers
  • $177,423 for those at the very top of their field
  • $191,161 for elite Procurement Managers
  • $204,900 for the most experienced and successful managers
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What are the highest paying cities for a Procurement Manager?

Top-paying cities for procurement managers include San Francisco, where salaries reach up to $153,426 annually. San Jose follows closely with a similar salary range. Hartford also offers competitive salaries for this profession. Cities like Albany, Stamford, and Philadelphia provide attractive compensation packages as well. Milwaukee, Des Moines, Seattle, and Columbus provide solid salary ranges, ensuring good pay for procurement managers. These locations offer excellent opportunities for those seeking high earnings in their careers.
Graph displaying highest paying cities salaries for Procurement Manager jobs, highlighting San Francisco, CA with the highest at $153,426 and Columbus, OH with the lowest at $140,730.
  1. San Francisco, CA
    Average Salary: $153,426
    In San Francisco, procurement specialists connect with leading tech firms. The city offers a dynamic work environment with many opportunities to advance. Well-known companies like Salesforce and Google provide exciting challenges.
    Find Procurement Manager jobs in San Francisco, CA


  2. San Jose, CA
    Average Salary: $153,413
    San Jose brings a vibrant tech scene to procurement professionals. Working here means engaging with Silicon Valley's top companies. Firms like Intel and Cisco present dynamic roles with growth potential.
    Find Procurement Manager jobs in San Jose, CA


  3. Hartford, CT
    Average Salary: $151,890
    Hartford offers a mix of insurance and healthcare opportunities for procurement leaders. Companies like Aetna and Travelers create a stable and rewarding career. The city's strong financial sector adds to the appeal.
    Find Procurement Manager jobs in Hartford, CT


  4. Albany, NY
    Average Salary: $149,185
    Albany provides a mix of government and private sector procurement roles. Working in this historic city connects you to major insurance companies and government entities. The area offers a stable and secure career path.
    Find Procurement Manager jobs in Albany, NY


  5. Stamford, CT
    Average Salary: $147,294
    Stamford is a hub for finance and insurance, offering great procurement positions. Companies like UBS and Allstate need skilled procurement experts. The area provides a strong job market with good benefits.
    Find Procurement Manager jobs in Stamford, CT


  6. Philadelphia, PA
    Average Salary: $146,557
    Philadelphia offers a blend of industry and government roles for procurement managers. Working here connects you with major firms like Comcast and Wells Fargo. The city's rich history adds to its appeal.
    Find Procurement Manager jobs in Philadelphia, PA


  7. Milwaukee, WI
    Average Salary: $144,950
    Milwaukee provides a strong manufacturing base for procurement careers. Companies like Johnson Controls and Harley-Davidson offer diverse opportunities. The city's friendly atmosphere enhances job satisfaction.
    Find Procurement Manager jobs in Milwaukee, WI


  8. Des Moines, IA
    Average Salary: $143,641
    Des Moines offers stable procurement roles in finance and agriculture. Working with firms like Principal Financial Group and Hy-Vee provides a secure career path. The city’s welcoming community adds to the job experience.
    Find Procurement Manager jobs in Des Moines, IA


  9. Seattle, WA
    Average Salary: $141,205
    Seattle brings tech innovation to procurement roles. Companies like Amazon and Boeing create exciting challenges. The city’s vibrant culture and strong job market make it an attractive place to work.
    Find Procurement Manager jobs in Seattle, WA


  10. Columbus, OH
    Average Salary: $140,730
    Columbus offers a mix of manufacturing and healthcare procurement opportunities. Working with firms like Nationwide Insurance and OhioHealth provides a stable career. The city’s growing tech scene adds to its appeal.
    Find Procurement Manager jobs in Columbus, OH

What are the best companies a Procurement Manager can work for?

Deloitte offers the highest average salary for procurement managers at $180,988. Following closely, Caterpillar Inc. provides a strong salary of $169,821 for this role. Amazon Web Services (AWS) also pays well, offering an average of $164,200 to its procurement managers. These top-paying companies often require strong analytical skills and experience in managing complex supply chains. The salaries reflect the critical nature of procurement in these organizations. Aspiring procurement managers may find these roles particularly rewarding in terms of compensation and career growth.
Graph displaying best paying company salaries for Procurement Manager jobs, highlighting Deloitte with the highest at $180,988 and TikTok with the lowest at $142,723.
  1. Deloitte
    Average Salary: $180,988
    Deloitte offers a broad range of opportunities for Procurement Managers. This global company operates in many countries, including the U.S., Canada, UK, and Australia. Deloitte focuses on audit, consulting, financial advisory, and tax services. They value procurement professionals who manage supplier relationships and ensure efficient supply chains.


  2. Caterpillar Inc.
    Average Salary: $169,821
    At Caterpillar Inc., Procurement Managers work with a company that makes construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. They operate in over 180 countries. Caterpillar places a high value on procurement professionals who can reduce costs and improve supplier performance.


  3. Amazon Web Services (AWS)
    Average Salary: $164,200
    AWS, a leader in cloud computing, needs Procurement Managers who can handle their large-scale operations. AWS operates in the U.S., Europe, Asia, and the Middle East. They seek procurement experts to manage their vast supply chains efficiently. These professionals work to ensure that AWS can meet the demands of global businesses.


  4. Baker Tilly US
    Average Salary: $161,600
    Baker Tilly US is a firm that offers audit, tax, and advisory services. Procurement Managers at Baker Tilly manage vendor relationships and focus on cost-saving strategies. They operate in multiple locations across the U.S. Baker Tilly values procurement experts who can help the firm maintain high standards.


  5. Raytheon
    Average Salary: $160,133
    Raytheon, a technology and defense company, employs Procurement Managers to handle their complex supply chains. They operate globally with a focus on the U.S., UK, and Australia. Raytheon values procurement professionals who can navigate the defense sector’s unique challenges.


  6. Microsoft
    Average Salary: $156,320
    Microsoft, a tech giant, seeks Procurement Managers to manage their supply chains effectively. They operate worldwide with significant offices in the U.S., UK, and Asia. Microsoft values procurement experts who can help them stay at the forefront of technology.


  7. Johnson & Johnson
    Average Salary: $152,091
    Johnson & Johnson, a leader in health care products, employs Procurement Managers to ensure efficient supply chains. They operate globally with major offices in the U.S., Europe, and Asia. The company values procurement professionals who can help them deliver high-quality products to consumers.


  8. Augment
    Average Salary: $145,000
    Augment, a firm focused on procurement solutions, employs Procurement Managers to optimize their supply chains. They operate in the U.S. and globally. Augment values procurement professionals who can leverage technology to improve efficiency.


  9. Colgate-Palmolive
    Average Salary: $144,152
    Colgate-Palmolive, a consumer goods company, employs Procurement Managers to manage their supply chains. They operate globally with significant locations in the U.S., Europe, and Asia. The company values procurement professionals who can help them maintain their strong brand presence.


  10. TikTok
    Average Salary: $142,723
    TikTok, a social media platform, employs Procurement Managers to manage their supply chains. They operate globally with significant locations in the U.S., Europe, and Asia. TikTok values procurement professionals who can help them scale their operations rapidly.

How to earn more as a Procurement Manager?

Becoming a top-earning Procurement Manager requires skill, experience, and strategic thinking. This role involves negotiating deals and managing supplier relationships to get the best value for the company. Here are some factors that can help increase earnings in this field.

One key factor is gaining advanced certifications. Professional certifications like C.P.M. (Certified Professional in Supply Management) or C.P.S.M. (Certified Professional in Supply Chain Management) can open doors to higher-paying positions. These certifications show expertise and dedication to the field. Another factor is experience. The more experience a Procurement Manager has, the higher they can command in salary. Experienced managers bring valuable insights and established networks that can lead to better deals and higher earnings. Networking also plays a role. Building strong relationships within the industry can lead to better job opportunities and higher salaries. Attending industry events and joining professional organizations can help with this.

Expanding the skill set also increases earning potential. Skills like data analysis, negotiation, and strategic planning are highly valued. Learning these skills can make a Procurement Manager more versatile and in demand. Staying updated with industry trends is another factor. The procurement landscape changes fast with new technologies and regulations. Keeping up-to-date ensures that a Procurement Manager can adapt and make informed decisions that benefit the company.

  1. Gain advanced certifications like C.P.M. or C.P.S.M.
  2. Build extensive experience in the field
  3. Network with industry professionals
  4. Expand skill set with data analysis and strategic planning
  5. Stay updated with industry trends

Currently 650 Procurement Manager job openings, nationwide.

How's the job market for a Procurement Manager in the US?

Learn what a Procurement Manager does, how to become one, and understand the job outlook. Get simple steps to start your career as a Procurement Manager today.
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Procurement Manager
650 Job Openings