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How much does a Procurement Manager make?

The average salary for a Procurement Manager is $115,007 per year in the US.

A Procurement Manager plays a key role in a company's supply chain. This position involves buying goods and services needed for the company to run smoothly. People in this role work hard, and their efforts are rewarded with a solid salary. The average yearly salary for Procurement Managers is $115,007. This figure provides a benchmark for what many in the field can expect to earn.

Salary levels for Procurement Managers can vary. Some earn around $55,000 per year, while others can make more than $194,000 annually. The salary often depends on several factors. These include the size of the company, the industry, and the manager's experience. Here is a breakdown of the salary distribution:

  • 6.05% earn around $55,000
  • 8.21% earn around $67,645
  • 12.56% earn around $80,291
  • 11.85% earn around $92,936
  • 12.56% earn around $105,582
  • 13.93% earn around $118,227
  • 14.28% earn around $130,873
  • 6.00% earn around $143,518
  • 4.71% earn around $156,164
  • 1.37% earn around $168,809
  • 3.47% earn around $194,100

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What are the highest paying cities for a Procurement Manager?

Looking for top-paying procurement manager roles? Consider cities like Hartford and San Jose, where average salaries reach over $145,000. California cities such as San Francisco and San Diego also offer competitive wages, with averages above $130,000. Other high-paying areas include Albany, Philadelphia, and Seattle, each providing strong financial opportunities.
Graph displaying highest paying cities salaries for Procurement Manager jobs, highlighting Hartford, CT with the highest at $145,717 and Stamford, CT with the lowest at $130,176.
  1. Hartford, CT
    Average Salary: $145,717
    In Hartford, companies thrive on smart sourcing and cost-effective strategies. Procurement managers here manage supply chains for major firms, ensuring smooth operations. The role demands keen negotiation skills and strategic planning.
    Find Procurement Manager jobs in Hartford, CT


  2. San Jose, CA
    Average Salary: $145,702
    San Jose offers a vibrant job market for procurement specialists. Tech giants and startups alike rely on skilled procurement managers. These professionals help secure essential materials and services, driving business success.
    Find Procurement Manager jobs in San Jose, CA


  3. San Francisco, CA
    Average Salary: $142,585
    Working in San Francisco, procurement managers play a crucial role in the tech and finance sectors. These managers coordinate complex supply chains for leading companies. Their goal is to balance cost efficiency with quality and timely delivery.
    Find Procurement Manager jobs in San Francisco, CA


  4. Albany, NY
    Average Salary: $139,826
    Albany has a strong demand for procurement experts. Managers here support state agencies and private companies. Their work focuses on sourcing goods and services effectively, contributing to public and private sector projects.
    Find Procurement Manager jobs in Albany, NY


  5. Philadelphia, PA
    Average Salary: $136,912
    In Philadelphia, procurement managers operate in a dynamic business environment. They work with a mix of large corporations and local firms. These managers ensure smooth procurement processes, driving operational efficiency.
    Find Procurement Manager jobs in Philadelphia, PA


  6. Cleveland, OH
    Average Salary: $135,545
    Cleveland offers a robust market for procurement talent. Managers here manage procurement for diverse industries, from manufacturing to healthcare. Their role involves negotiating contracts and managing supplier relationships.
    Find Procurement Manager jobs in Cleveland, OH


  7. San Diego, CA
    Average Salary: $132,316
    San Diego’s procurement managers support a variety of sectors, from biotech to defense. Their job is to source materials and services efficiently. They work closely with suppliers and logistics teams to ensure timely deliveries.
    Find Procurement Manager jobs in San Diego, CA


  8. Sacramento, CA
    Average Salary: $132,101
    In Sacramento, procurement managers handle procurement needs for government and private companies. Their work is vital for ensuring the smooth operation of essential services. They focus on sourcing and contract management to meet organizational needs.
    Find Procurement Manager jobs in Sacramento, CA


  9. Seattle, WA
    Average Salary: $130,847
    Seattle’s procurement managers thrive in a tech-driven economy. They work for companies that value efficiency and innovation. These managers ensure timely procurement of materials and services, supporting business growth and sustainability.
    Find Procurement Manager jobs in Seattle, WA


  10. Stamford, CT
    Average Salary: $130,176
    Stamford offers a prime location for procurement specialists. Managers here support a range of industries, from finance to manufacturing. Their role involves strategic sourcing and supplier relationship management, ensuring smooth business operations.
    Find Procurement Manager jobs in Stamford, CT

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

Accenture, Deloitte, and Caterpillar offer some of the highest salaries for Procurement Managers. These companies provide competitive compensation packages that reflect the skill and experience needed for such roles. Additionally, firms like PwC and Pacific Gas and Electric offer attractive pay, making them excellent choices for career growth.
Graph displaying best paying company salaries for Procurement Manager jobs, highlighting Accenture with the highest at $183,388 and Cushman & Wakefield with the lowest at $138,331.
  1. Accenture
    Average Salary: $183,388
    At Accenture, Procurement Managers oversee global sourcing. They work in offices worldwide, from North America to Europe and Asia. The role focuses on strategic purchasing to enhance efficiency and reduce costs.


  2. Deloitte
    Average Salary: $181,044
    Deloitte offers a dynamic environment for Procurement Managers. They manage procurement operations across offices in the Americas, Europe, and Asia. Deloitte values innovative sourcing strategies and supplier relationships.


  3. Caterpillar
    Average Salary: $175,163
    Caterpillar provides exciting opportunities for Procurement Managers. They handle purchasing for a global company with offices in North America, Europe, and Asia. The role involves managing supply chains for heavy machinery.


  4. PwC
    Average Salary: $155,157
    PwC offers a robust platform for Procurement Managers. They work across locations in the Americas, Europe, and Asia. Their duties include sourcing, negotiating contracts, and managing supplier relationships.


  5. Pacific Gas and Electric
    Average Salary: $153,386
    Pacific Gas and Electric provides a stable career for Procurement Managers. They operate primarily in California, with offices in major cities. The role focuses on sourcing energy-related supplies and managing contracts.


  6. Raytheon
    Average Salary: $151,800
    Raytheon offers exciting opportunities for Procurement Managers. They work in offices across the United States, specializing in defense and aerospace procurement. The role involves strategic sourcing and vendor management.


  7. ByteDance
    Average Salary: $143,229
    ByteDance provides a tech-driven environment for Procurement Managers. They work globally, with major offices in Asia, North America, and Europe. The role focuses on sourcing technology and digital services.


  8. Baker Tilly
    Average Salary: $142,225
    Baker Tilly offers a professional setting for Procurement Managers. They operate in the United States, Canada, and globally. The role involves managing procurement processes and supplier relationships.


  9. Ecolab
    Average Salary: $139,571
    Ecolab offers an innovative environment for Procurement Managers. They work in offices worldwide, focusing on sustainability and water, hygiene, and energy technologies. The role involves strategic sourcing and contract management.


  10. Cushman & Wakefield
    Average Salary: $138,331
    Cushman & Wakefield provides a dynamic role for Procurement Managers. They work in global offices, focusing on real estate procurement. The role involves strategic sourcing and managing vendor relationships.

How to earn more as a Procurement Manager?

Procurement managers play a key role in their companies. They ensure that the right products and services come at the best price. This job requires a mix of skills and knowledge. The right approach can lead to higher pay. Here are some ways procurement managers can earn more.

Gaining experience is a great way to earn more. More experienced managers usually earn higher salaries. They have learned how to negotiate better deals. They know how to manage suppliers and budgets. They can handle complex projects. Gaining experience also opens the door to higher-level positions.

  1. Education: Managers with higher degrees earn more. A master's degree in business or supply chain management can help. Certifications from recognized bodies also help.
  2. Networking: Building a strong professional network can lead to higher-paying jobs. Attend industry events and join professional groups. These connections can lead to job opportunities.
  3. Specialization: Managers who specialize in a certain area often earn more. Specializations can include categories like technology, healthcare, or retail. Specializations show expertise.
  4. Skills: Developing key skills can lead to higher pay. Skills like negotiation, data analysis, and strategic planning are valuable. Employers look for these skills when hiring.
  5. Performance: Achieving high performance can lead to higher pay. Meet or exceed targets and goals. Show how you have saved costs or improved processes. Good performance can lead to raises and promotions.

Currently 694 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
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