How much does a Materials Procurement Manager make at companies like ESPEY MFG & ELECTRONICS CORP in the United States? The average salary for Materials Procurement Manager at companies like ESPEY MFG & ELECTRONICS CORP in the United States is $126,323 as of March 26, 2024, but the range typically falls between $117,573 and $136,773. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. View the Cost of Living in Major Cities
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The Materials Procurement Manager evaluates market conditions in order to maintain inventory levels and control costs. Develops, implements, and maintains a commodity inventory strategy that supports a company's supply chain. Being a Materials Procurement Manager manages ongoing relationships with suppliers. Evaluates and recommends vendors. In addition, Materials Procurement Manager requires a bachelor's degree in area of specialty. Typically reports to top management. The Materials Procurement Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Working as a Materials Procurement Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
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Core compensation
Includes base and annual incentives
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