Manager, Procurement Salary at Karem Aircraft Inc BETA

How much does a Karem Aircraft Inc Manager, Procurement make?

As of December 2024, the average annual salary for a Manager, Procurement at Karem Aircraft Inc is $119,522, which translates to approximately $57 per hour. Salaries for Manager, Procurement at Karem Aircraft Inc typically range from $108,026 to $131,736, 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.

Karem Aircraft Inc Overview

Website:
karemaircraft.com
Size:
25 - 50 Employees
Revenue:
$10M - $50M
Industry:
MFG Durable

About Karem Aircraft: Karem Aircraft is a privately-held aerospace development firm headquartered in Lake Forest, California. It is the third US company founded by renowned aerospace designer, Abe Karem, with previous companies acquired by General Atomics and Boeing. The company develops and manufactures rotorcraft based on Karem's patented Optimum Speed Rotor technology focused on defense customers. Its team of world-class engineers, technicians, and professionals work to create innovative vehicles and improved mobility. The new Karem spin-off company will pioneer electric vertical takeoff and landing technologies for the civilian air taxi market.

See similar companies related to Karem Aircraft Inc

What Skills Does a person Need at Karem Aircraft Inc?

At Karem Aircraft 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 Karem Aircraft Inc

Job Title Average Karem Aircraft Inc Salary Hourly Rate
2 Administrative Assistant $50,073 $24
3 CNC Machinist $57,078 $27
4 Design Engineer $125,219 $60
5 Shipping and Receiving Lead $63,015 $30
6 Driver $33,747 $16
7 Electrical Engineer $74,624 $36
8 Financial Controller $237,527 $114
9 Chief Engineer $269,611 $130
10 CNC Machinist and Programmer $65,970 $32
11 Consultant $107,363 $52
12 Director, Business Operations $179,879 $86
13 IT Support Engineer $80,893 $39

Hourly Pay at Karem Aircraft Inc

The average hourly pay at Karem Aircraft Inc for a Manager, Procurement is $57 per hour. The location, department, and job description all have an impact on the typical compensation for Karem Aircraft Inc positions. The pay range and total remuneration for the job title are shown in the table below. Karem Aircraft Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $119,522 look to you?

FAQ about Salary and Jobs at Karem Aircraft Inc

1. How much does Karem Aircraft Inc pay per hour?
The average hourly pay is $57. 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 Karem Aircraft Inc?
According to the data, the highest approximate salary is about $131,736 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 Karem Aircraft Inc?
According to the data, the lowest estimated salary is about $108,026 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.