As of March 01, 2025, the average annual salary for a VP of Procurement in Madison, WI is $231,880. Salary.com reports that pay typically ranges from $205,580 to $258,780, with most professionals earning between $181,635 and $283,271.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $258,780 | $21,565 | $4,977 | $124 |
| Average | $231,880 | $19,323 | $4,459 | $111 |
| 25th Percentile | $205,580 | $17,132 | $3,953 | $99 |
An entry-level VP of Procurement with under 1 year experience makes about $213,051. With less than 2 years of experience, a mid-level VP of Procurement makes around $215,600. After 2-4 years, the VP of Procurement pay rises to about $218,999. Those senior VP of Procurement with 5-8 years of experience earn roughly $224,097, and those VP of Procurement having 8 years or more experience are expected to earn about $230,470 on average.
| Levels | Salary |
|---|---|
| Entry Level VP of Procurement | $213,051 |
| Intermediate Level VP of Procurement | $215,600 |
| Senior Level VP of Procurement | $218,999 |
| Specialist Level VP of Procurement | $224,097 |
| Expert Level VP of Procurement | $230,470 |
| Entry Level | 8% |
| Mid Level | 7% |
| Senior Level | 6% |
| 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.
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
|
$259,706 |
12%
|
|
Innovation
|
$255,068 |
10%
|
|
Talent Acquisition
|
$252,749 |
9%
|
|
Business Acumen
|
$250,430 |
8%
|
|
Relationship Management
|
$250,430 |
8%
|
|
Commitment
|
$245,793 |
6%
|
