As of April 01, 2025, the average annual salary for a VP of Procurement in Indianapolis, IN is $210,680. Salary.com reports that pay typically ranges from $190,180 to $230,680, with most professionals earning between $171,516 and $248,889.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $230,680 | $19,223 | $4,436 | $111 |
| Average | $210,680 | $17,557 | $4,052 | $101 |
| 25th Percentile | $190,180 | $15,848 | $3,657 | $91 |
An entry-level VP of Procurement with under 1 year experience makes about $198,169. With less than 2 years of experience, a mid-level VP of Procurement makes around $200,008. After 2-4 years, the VP of Procurement pay rises to about $202,459. Those senior VP of Procurement with 5-8 years of experience earn roughly $206,136, and those VP of Procurement having 8 years or more experience are expected to earn about $210,732 on average.
| Levels | Salary |
|---|---|
| Entry Level VP of Procurement | $198,169 |
| Intermediate Level VP of Procurement | $200,008 |
| Senior Level VP of Procurement | $202,459 |
| Specialist Level VP of Procurement | $206,136 |
| Expert Level VP of Procurement | $210,732 |
| Entry Level | 6% |
| Mid Level | 5% |
| Senior Level | 4% |
| Top Level | 2% |
| Experienced | 0% |
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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.
Inventory Management: Overseeing and controlling supplies and stock to ensure that an organization maintains an adequate stock quantity.
RFP: A request for proposal (RFP) is a business document that announces a project, describes it, and solicits bids from qualified contractors to complete it.
| Skill | Salary | Demand |
|---|---|---|
|
Commercial Law
|
$235,962 |
12%
|
|
Innovation
|
$231,748 |
10%
|
|
Talent Acquisition
|
$229,641 |
9%
|
|
Business Acumen
|
$227,534 |
8%
|
|
Relationship Management
|
$227,534 |
8%
|
|
Commitment
|
$223,321 |
6%
|
