As of April 01, 2025, the average annual salary for a Procurement Senior Manager in Waterloo, IA is $152,890. Salary.com reports that pay typically ranges from $142,280 to $169,850, with most professionals earning between $132,620 and $185,291.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $169,850 | $14,154 | $3,266 | $82 |
| Average | $152,890 | $12,741 | $2,940 | $74 |
| 25th Percentile | $142,280 | $11,857 | $2,736 | $68 |
An entry-level Procurement Senior Manager with under 1 year experience makes about $146,400. With less than 2 years of experience, a mid-level Procurement Senior Manager makes around $147,350. After 2-4 years, the Procurement Senior Manager pay rises to about $148,616. Those senior Procurement Senior Manager with 5-8 years of experience earn roughly $150,200, and those Procurement Senior Manager having 8 years or more experience are expected to earn about $151,783 on average.
| Levels | Salary |
|---|---|
| Entry Level Procurement Senior Manager | $146,400 |
| Intermediate Level Procurement Senior Manager | $147,350 |
| Senior Level Procurement Senior Manager | $148,616 |
| Specialist Level Procurement Senior Manager | $150,200 |
| Expert Level Procurement Senior Manager | $151,783 |
| Entry Level | 4% |
| Mid Level | 4% |
| Senior Level | 3% |
| Top Level | 2% |
| 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
|
$159,006 |
4%
|
|
Vendor Management
|
$159,006 |
4%
|
|
Relationship Management
|
$157,477 |
3%
|
|
Results Oriented
|
$157,477 |
3%
|
|
Strategic Sourcing
|
$157,477 |
3%
|
|
Category Management
|
$157,477 |
3%
|
