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As of August 01, 2026, the average salary for a VP of Procurement in New Mexico is $202,280 per year, which breaks down to an hourly rate of $97.
However, a VP of Procurement's salary can vary significantly. Here’s a look at the typical salary range:
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VP of Procurement Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $217,480 | $18,123 | $4,182 | $105 |
| Average | $202,280 | $16,857 | $3,890 | $97 |
| 25th Percentile | $182,780 | $15,232 | $3,515 | $88 |
Confidential - EAST PROVIDENCE, RI
Confidential - CHARLOTTE, NC
Confidential - RICE, MN
Confidential - RICE, MN
A VP of Procurement's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of a VP of Procurement's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Procurement Senior Supervisor | 3-5 years | $92,049 |
| Procurement Manager | 5+ years | $116,093 |
| Procurement Senior Manager | 5+ years | $161,198 |
| Director of Procurement | 5+ years | $185,285 |
| VP of Procurement | 5+ years | $202,214 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract VP of Procurements. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
VP of Procurement salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $226,441. While startup companies pay approximate $191,564.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $191,564 |
| Growth Stage | 51~500 | $202,601 |
| Established | 501~5000 | $218,669 |
| Enterprise | 5000+ | $226,441 |
For VP of Procurement roles, the industry you choose can affect earning potential by as much as 35% (the gap between the highest and lowest paying industries). Data shows that the Construction and Pharmaceuticals sectors offer the strongest compensation, at 20% above the average. In contrast, VP of Procurement positions in Transportation or Telecom typically offer lower base pay, as these industries often view VP of Procurement as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Construction | $242,736 | $117.0 | 20% |
| Pharmaceuticals | $242,736 | $117.0 | 20% |
| Energy & Utilities | $232,622 | $112.0 | 15% |
| Business Services | $222,508 | $107.0 | 10% |
| MFG Durable | $222,508 | $107.0 | 10% |
Understanding how a VP of Procurement's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $217,480 | $18,123 | $4,182 | $105 |
| Average | $202,280 | $16,857 | $3,890 | $97 |
| 25th Percentile | $182,780 | $15,232 | $3,515 | $88 |
Ready to take the next step in your career? Browse thousands of current VP of Procurement job openings on our job board. Use the search bar below to find your perfect match.
Confidential
RICE, MN
Confidential | RICE, MN
Vice President of Procurement. About the Company. Food distributor supporting America's food distribution system with competitive benefits and growth oppor... more
13 Days Ago
Confidential
RICE, MN
Confidential | RICE, MN
Vice President of Procurement. About the Company. Food distributor offering competitive benefits, growth opportunities, and a safe, inclusive workplace. In... more
14 Days Ago
Confidential
RICE, MN
Confidential | RICE, MN
Vice President of Procurement. About the Company. Growth opportunities performing essential work to support America's food distribution system. Industry. W... more
15 Days Ago
Confidential
RICE, MN
Confidential | RICE, MN
Vice President of Procurement. About the Company. Food distribution company focused on procurement, inventory management, and foodservice merchandising. In... more
15 Days Ago
Confidential
QUINCY, MA
Confidential | QUINCY, MA
Vice President of Procurement. About the Company. Reputable private aviation solutions provider. Industry. Airlines/Aviation. Type. Privately Held. Founded... more
19 Days Ago
Confidential
CHICAGO, IL
Confidential | CHICAGO, IL
Vice President of Procurement, Healthcare. About the Company. Healthcare organization seeking a senior procurement leader to manage strategic sourcing and ... more
21 Days Ago
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