How much does a Materials Procurement Manager make at companies like Kosmos Energy Ltd. in the United States? The average salary for Materials Procurement Manager at companies like Kosmos Energy Ltd. in the United States is $140,113 as of March 26, 2024, but the range typically falls between $130,403 and $151,703. 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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