Manager, Procurement Salary at Fs3 Inc BETA

How much does a Fs3 Inc Manager, Procurement make?

As of December 2024, the average annual salary for a Manager, Procurement at Fs3 Inc is $101,259, which translates to approximately $49 per hour. Salaries for Manager, Procurement at Fs3 Inc typically range from $91,411 to $111,778, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Website:
fs3inc.biz
Size:
<25 Employees
Revenue:
$5M - $10M
Industry:
Retail & Wholesale

Welcome to FS3 we look forward to working with you. FS3 began in July of 2003 as a material supplier to the Utility Industry focusing on underground materials like conduit, cable installation equipment, handholes, work zone safety, PPE and related items. Through the years we have been adding products at the request of our customers and we now offer HDD tooling and accessories, various styles of reel trailers, custom truck-mount reel handling equipment, innovative restoration equipment and much more! Our people have over 100 years of experience in the various utility markets allowing us to provide the level of service and expertise that help make us stand out from other sources. We can also provide on site product demonstrations and personal visits to better take care of our clients detailed requirements. The FS3 main office and warehouse are located just 43 miles west of the Twin Cities metro area in the Heart of the Lakes region surrounding Annandale, Minnesota. Please contact us for product quotations and to check for product availability. We will do our best to help you find the specific items you need and provide them in a timely manner. We like the challenge of sourcing new products and would appreciate the opportunity to provide this service on your behalf.

See similar companies related to Fs3 Inc

What Skills Does a person Need at Fs3 Inc?

At Fs3 Inc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Purchasing: Purchasing refers to a business or organization attempting to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Typically the word “purchasing” is not used interchangeably with the word “procurement”, since procurement typically includes expediting, supplier quality, and transportation and logistics (T&L) in addition to purchasing.
  2. Procurement: Procurement is the process of finding and agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Procurement is used to ensure the buyer receives goods, services, or works at the best possible price when aspects such as quality, quantity, time, and location are compared. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risks such as exposure to fraud and collusion. Almost all purchasing decisions include factors such as delivery and handling, marginal benefit, and price fluctuations. Procurement generally involves making buying decisions under conditions of scarcity. If sound data is available, it is good practice to make use of economic analysis methods such as cost-benefit analysis or cost-utility analysis.
  3. Supply chain: A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
  4. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  5. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

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Check more jobs information at Fs3 Inc

Job Title Average Fs3 Inc Salary Hourly Rate
2 Manager, Operations $92,517 $44
3 Managing Director $672,312 $323
4 Position In Outside Sales $61,842 $30
5 President $672,312 $323
6 Sales $49,684 $24

Hourly Pay at Fs3 Inc

The average hourly pay at Fs3 Inc for a Manager, Procurement is $49 per hour. The location, department, and job description all have an impact on the typical compensation for Fs3 Inc positions. The pay range and total remuneration for the job title are shown in the table below. Fs3 Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $101,259 look to you?

FAQ about Salary and Jobs at Fs3 Inc

1. How much does Fs3 Inc pay per hour?
The average hourly pay is $49. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Fs3 Inc?
According to the data, the highest approximate salary is about $111,778 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Fs3 Inc?
According to the data, the lowest estimated salary is about $91,411 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.