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How much does a Procurement Manager make?

The average salary for a Procurement Manager is $112,943 per year in the US.

A Procurement Manager plays a key role in ensuring a company gets the best value for its money. This role involves negotiating with suppliers and handling contracts, which are critical tasks for many businesses. The average yearly salary for a Procurement Manager stands at $112,943. This figure can vary based on experience, industry, and location.

To understand the pay scale better, consider these salary ranges for Procurement Managers:

  • The bottom 10% earn around $54,165 annually.
  • The top 10% earn approximately $194,100 or more each year.
These figures provide a clear picture of the earning potential in this field.

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What are the highest paying cities for a Procurement Manager?

Cities like San Jose, CA, and San Francisco, CA, offer top salaries for Procurement Managers. These cities attract high-paying jobs due to their strong economies. Job seekers might find excellent opportunities in these areas.
Graph displaying highest paying cities salaries for Procurement Manager jobs, highlighting Hartford, CT with the highest at $149,198 and Seattle, WA with the lowest at $132,098.
  1. Hartford, CT
    Average Salary: $149,198
    In Hartford, working in procurement offers a blend of challenges and opportunities. With major companies like Aetna and United Technologies, professionals can engage in strategic sourcing. The area's focus on insurance and finance means tasks often involve negotiating and managing vendor relationships.
    Find Procurement Manager jobs in Hartford, CT


  2. Albany, NY
    Average Salary: $147,894
    In Albany, procurement managers work in a dynamic environment. They often collaborate with state government and educational institutions. This mix provides a unique chance to manage contracts and budgets for various public and private sectors. Working here often involves ensuring cost-effective procurement practices.
    Find Procurement Manager jobs in Albany, NY


  3. San Jose, CA
    Average Salary: $146,425
    San Jose offers exciting procurement roles, especially with tech giants like Apple and Google. Managers here focus on sourcing technology and software solutions. They play a key role in maintaining supply chains that support innovation. The fast-paced tech environment offers plenty of learning opportunities.
    Find Procurement Manager jobs in San Jose, CA


  4. San Francisco, CA
    Average Salary: $143,291
    San Francisco is a hub for procurement in the tech industry. With companies like Salesforce and LinkedIn, professionals here manage complex supply chains. The city's culture of innovation means procurement managers often work on cutting-edge projects. They need to balance cost-efficiency with quality in their sourcing strategies.
    Find Procurement Manager jobs in San Francisco, CA


  5. Stamford, CT
    Average Salary: $138,329
    Stamford offers a blend of finance and insurance procurement roles. Major companies like The Hartford and Charter Communications need skilled managers to handle their sourcing. Working here often involves negotiating with a variety of suppliers. It’s a great place for professionals who enjoy strategic planning and analysis.
    Find Procurement Manager jobs in Stamford, CT


  6. Cleveland, OH
    Average Salary: $137,558
    In Cleveland, procurement roles often focus on manufacturing and automotive sectors. Companies like Ford and General Electric need managers who understand both local and global supply chains. This city offers a chance to work with diverse industries, providing a well-rounded experience.
    Find Procurement Manager jobs in Cleveland, OH


  7. Detroit, MI
    Average Salary: $137,241
    Detroit, known for its automotive industry, offers exciting procurement roles. Companies like General Motors and Ford require managers skilled in negotiating with suppliers. This city provides opportunities to work on projects that impact the global auto industry. Procurement here often involves a mix of local and international sourcing.
    Find Procurement Manager jobs in Detroit, MI


  8. Philadelphia, PA
    Average Salary: $136,200
    Philadelphia offers diverse procurement opportunities, especially in healthcare and education. Major employers like Penn Medicine and the University of Pennsylvania need skilled managers. Working here often involves negotiating contracts and managing budgets. The city’s rich history also provides a unique backdrop for professional growth.
    Find Procurement Manager jobs in Philadelphia, PA


  9. Columbus, OH
    Average Salary: $132,364
    In Columbus, procurement managers find roles in both education and manufacturing. Companies like Ohio State University and Nationwide Insurance need professionals to manage their sourcing. This city offers a mix of challenges and learning opportunities. It’s a great place for those looking to develop their strategic sourcing skills.
    Find Procurement Manager jobs in Columbus, OH


  10. Seattle, WA
    Average Salary: $132,098
    Seattle offers exciting procurement roles, especially in the tech sector. With companies like Microsoft and Amazon, managers often handle large-scale sourcing projects. This city provides a dynamic environment with plenty of opportunities to innovate. Working here means engaging with cutting-edge technology and global supply chains.
    Find Procurement Manager jobs in Seattle, WA

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

Looking for a well-paying job as a Procurement Manager? Companies like Deloitte, Accenture, and Caterpillar offer top salaries. These leading firms provide strong compensation packages, making them attractive options. Another great choice is Raytheon, TikTok, and Ecolab, all paying above average. Johnson & Johnson, KPMG, Siemens, and Motorola Solutions also offer competitive wages. Each of these companies values their procurement managers highly.
Graph displaying best paying company salaries for Procurement Manager jobs, highlighting Deloitte with the highest at $191,338 and Motorola Solutions with the lowest at $134,520.
  1. Deloitte
    Average Salary: $191,338
    At Deloitte, Procurement Managers handle buying and supplier management across many industries. They work in offices worldwide, including the U.S., U.K., and Asia.


  2. Accenture
    Average Salary: $183,676
    Accenture offers Procurement Managers roles in tech services globally. They handle supplier contracts and cost management. Offices are in the U.S., Europe, and India.


  3. Caterpillar
    Average Salary: $174,991
    Caterpillar, a heavy equipment maker, seeks Procurement Managers to manage supply chains. They work in North America, Europe, and Asia. The role focuses on heavy machinery parts.


  4. Raytheon
    Average Salary: $150,814
    Raytheon, a defense tech company, needs Procurement Managers for defense projects. They work in the U.S. and other countries. The role involves securing military contracts.


  5. TikTok
    Average Salary: $144,014
    TikTok, a popular social media platform, seeks Procurement Managers to handle tech and content purchases. They work in offices across the U.S., Europe, and Asia.


  6. Ecolab
    Average Salary: $140,179
    Ecolab, a water and hygiene solutions provider, offers Procurement Manager roles. They work in North America, Europe, and Asia. The role focuses on chemical and cleaning supplies.


  7. Johnson & Johnson
    Average Salary: $137,888
    Johnson & Johnson, a healthcare giant, needs Procurement Managers for medical supplies. They work in the U.S. and globally. The role involves managing vast medical product supplies.


  8. KPMG
    Average Salary: $137,051
    KPMG, an accounting firm, offers Procurement Manager roles in various services. They work in the U.S., Europe, and Asia. The role focuses on office supplies and services.


  9. Siemens
    Average Salary: $134,632
    Siemens, an engineering giant, needs Procurement Managers for industrial projects. They work in Europe and Asia. The role focuses on technology and industrial parts.


  10. Motorola Solutions
    Average Salary: $134,520
    Motorola Solutions, a communications tech company, seeks Procurement Managers for tech equipment. They work in the U.S. and other countries. The role focuses on radio and tech supplies.

How to earn more as a Procurement Manager?

A Procurement Manager holds a key position in ensuring a company's supply chain runs smoothly. This role involves sourcing, negotiating, and purchasing goods and services. To earn more in this position, certain strategies can make a difference. Understanding these factors can help increase earnings and job satisfaction.

Here are some factors that can help a Procurement Manager earn more:

  • Gaining specialized skills: Skills in areas like supply chain management, negotiation, and market analysis can increase your value to employers.
  • Pursuing advanced degrees: An MBA or a certification in procurement can lead to higher salary prospects.
  • Expanding industry experience: Working in diverse industries can make you a more versatile and valuable candidate.
  • Developing strong relationships: Building a network with suppliers, vendors, and other industry professionals can lead to better deals and opportunities.
  • Demonstrating successful results: Showing a track record of cost savings, efficiency improvements, and successful projects can justify a higher salary.

In addition to these factors, staying updated with industry trends and technologies can further boost earning potential. A proactive approach to professional development ensures long-term success and salary growth.

Currently 498 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
498 Job Openings