Hourly Wage for Procurement Manager Salary in the United States

The Procurement Manager maintains relationship with vendors or suppliers and negotiates contracts for major purchases. Manages all purchasing activities and establishes strategic purchasing processes and procedures. Being a Procurement Manager typically requires a bachelor's degree. Evaluates and analyzes purchasing trend and price trend to identify forecasting demand and minimize purchasing costs. In addition, Procurement Manager typically reports to a senior manager. The 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. Extensive knowledge of department processes. Working as a Procurement Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)

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