As of March 01, 2025, the average annual salary for a Procurement Director in Waterloo, IA is $165,201. Salary.com reports that pay typically ranges from $149,001 to $183,401, with most professionals earning between $134,252 and $199,971.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $183,401 | $15,283 | $3,527 | $88 |
| Average | $165,201 | $13,767 | $3,177 | $79 |
| 25th Percentile | $149,001 | $12,417 | $2,865 | $72 |
An entry-level Procurement Director with under 1 year experience makes about $154,908. With less than 2 years of experience, a mid-level Procurement Director makes around $156,397. After 2-4 years, the Procurement Director pay rises to about $158,383. Those senior Procurement Director with 5-8 years of experience earn roughly $160,865, and those Procurement Director having 8 years or more experience are expected to earn about $163,347 on average.
| Levels | Salary |
|---|---|
| Entry Level Procurement Director | $154,908 |
| Intermediate Level Procurement Director | $156,397 |
| Senior Level Procurement Director | $158,383 |
| Specialist Level Procurement Director | $160,865 |
| Expert Level Procurement Director | $163,347 |
| Entry Level | 6% |
| Mid Level | 5% |
| Senior Level | 4% |
| Top Level | 3% |
| Experienced | 1% |
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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.
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
Global Sourcing: Global sourcing is the practice of sourcing from the global market for goods and services across geopolitical boundaries. Global sourcing often aims to exploit global efficiencies in the delivery of a product or service.
| Skill | Salary | Demand |
|---|---|---|
|
Cost Reduction
|
$171,809 |
4%
|
|
Vendor Management
|
$171,809 |
4%
|
|
Relationship Management
|
$170,157 |
3%
|
|
Results Oriented
|
$170,157 |
3%
|
|
Strategic Sourcing
|
$170,157 |
3%
|
|
Category Management
|
$170,157 |
3%
|
