Procurement Salary in Illinois

VP of Procurement - Average Salary $240,580

The VP of Procurement is responsible for planning and directing materials and supply to reduce costs and improve quality. Oversees all aspects of an organization's goods and services purchasing function. Being a VP of Procurement typically reports to top management. Requires a bachelor's degree. The VP of Procurement manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Comprehensive knowledge of the overall departmental function. Working as a VP of Procurement typically requires 8+ years of managerial experience.

Procurement Manager - Average Salary $133,100

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.

Director of Procurement - Average Salary $209,500

The Director of Procurement evaluates and develops strategic supplier relationships, negotiates contracts, and implements systems for monitoring performance, assessing risk, and responding to changes in demand or disruptions in the supply chain. Directs the procurement and purchasing operations and strategy to provide the materials and services to meet organizational requirements for quality, volume, availability, and pricing. Being a Director of Procurement designs processes and systems and utilizes technical tools to analyze data and increase responsiveness to material demands. Collaborates with other functions to define current and future inventory requirements and manage inventory levels. In addition, Director of Procurement incorporates auditing processes to ensure procurement and recordkeeping comply with any applicable industry or governmental regulations. Requires a bachelor's degree. Typically reports to senior management. The Director of Procurement manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Working as a Director of Procurement typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function.

Procurement Supervisor - Average Salary $93,200

The Procurement Supervisor maintains strategic supplier relationships, negotiates pricing, monitors performance, and expedites to respond to changes in demand or disruptions in the supply chain. Supervises daily procurement and purchasing operations and implements the strategy to provide the materials and services to meet organizational requirements for quality, volume, availability, and pricing. Being a Procurement Supervisor utilizes technical tools to analyze data and increase responsiveness to material demands. Collaborates with other functions to meet current and future inventory requirements and manage inventory levels. In addition, Procurement Supervisor performs auditing processes to ensure procurement and recordkeeping comply with any applicable industry or governmental regulations. May require a bachelor's degree. Typically reports to a manager. The Procurement Supervisor supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. Working as a Procurement Supervisor typically requires 3 years experience in the related area as an individual contributor. Thorough knowledge of functional area under supervision.

Procurement Director - Average Salary $182,701

The Procurement Director reviews vendor quality and maintains price controls and inventory flows to identify and implement efficient purchasing programs. Develops and directs objectives, policies, and processes regarding all purchasing function. Being a Procurement Director typically reports to top management. Requires a bachelor's degree. The Procurement Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. Working as a Procurement Director typically requires 5+ years of managerial experience.