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Procurement consultant hiring summary. Here are some key points about hiring procurement consultants in the United States:
Here's a step-by-step procurement consultant hiring guide:
A procurement consultant is an individual who is an expert in purchasing or procurement. Your duties will include researching and analyzing the supply marketplace, developing business requirements, and managing supplier relationships in collaboration with internal stakeholders, and managing and negotiating supply agreements across all commodities and complexity. Additionally, you are expected to participate in market intelligence analysis and assess productivity, costs, and demand patterns by collecting and interpreting data. As a procurement consultant, you are also responsible for managing and negotiating supply agreements.
Before you start hiring a procurement consultant, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.
A procurement consultant's background is also an important factor in determining whether they'll be a good fit for the position. For example, procurement consultants from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
The following list breaks down different types of procurement consultants and their corresponding salaries.
| Type of Procurement Consultant | Description | Hourly rate |
|---|---|---|
| Procurement Consultant | Purchasing managers plan, direct, and coordinate the buying of materials, products, or services for wholesalers, retailers, or organizations. They oversee the work of procurement-related occupations including buyers and purchasing agents. | $30-48 |
| Director Of Purchasing | A director of purchasing oversees the procedures related to buying resources and supplies, directing operations from planning to execution while adhering to standards and company policies. They primarily perform research and assessments to understand project needs in terms of price, quality, and delivery time... Show more | $32-79 |
| Material Manager | A material manager is responsible for monitoring inventories and stock supplies, ensuring the adequacy of materials needed for manufacturing or other operations, depending on the organization's industry. Material managers meet with suppliers and third-party vendors, negotiating contracts that would fit the budget goals of the company without compromising quality... Show more | $34-60 |
Including a salary range in your procurement consultant job description is one of the best ways to attract top talent. A procurement consultant can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $112,251 | $54 |
| 2 | Washington | $98,797 | $48 |
| 3 | New York | $93,801 | $45 |
| 4 | Massachusetts | $93,069 | $45 |
| 5 | Michigan | $92,289 | $44 |
| 6 | Connecticut | $89,553 | $43 |
| 7 | Oregon | $86,250 | $41 |
| 8 | District of Columbia | $84,944 | $41 |
| 9 | Virginia | $84,767 | $41 |
| 10 | North Carolina | $82,623 | $40 |
| 11 | Texas | $81,455 | $39 |
| 12 | Pennsylvania | $80,719 | $39 |
| 13 | Colorado | $79,570 | $38 |
| 14 | Indiana | $78,556 | $38 |
| 15 | Ohio | $77,859 | $37 |
| 16 | Georgia | $75,512 | $36 |
| 17 | Illinois | $73,362 | $35 |
| 18 | Missouri | $73,286 | $35 |
| 19 | Wisconsin | $72,558 | $35 |
| 20 | Arizona | $72,014 | $35 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | McKinsey & Company Inc | $125,479 | $60.33 | 4 |
| 2 | Epicor | $104,213 | $50.10 | |
| 3 | Kimberly-Clark | $91,392 | $43.94 | 1 |
| 4 | AT&T | $91,028 | $43.76 | 23 |
| 5 | Infinity Consulting Solutions | $89,041 | $42.81 | |
| 6 | Randstad North America, Inc. | $87,016 | $41.83 | |
| 7 | IBM | $86,965 | $41.81 | 81 |
| 8 | Huron Consulting Group | $86,963 | $41.81 | 29 |
| 9 | Robert Half | $86,276 | $41.48 | 34 |
| 10 | Deloitte | $85,483 | $41.10 | 2,578 |
| 11 | Accenture | $85,366 | $41.04 | 843 |
| 12 | Keste | $84,492 | $40.62 | |
| 13 | Siemens | $84,416 | $40.58 | 13 |
| 14 | PDS Tech | $83,674 | $40.23 | 1 |
| 15 | HBR Consulting | $83,628 | $40.21 | |
| 16 | Corcentric | $82,578 | $39.70 | |
| 17 | Carrier | $82,354 | $39.59 | 5 |
| 18 | International Rescue Committee | $80,734 | $38.81 | |
| 19 | Relativity | $80,277 | $38.59 | 24 |
| 20 | UnitedHealth Group | $70,201 | $33.75 | 29 |
A job description for a procurement consultant role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's a procurement consultant job description:
To find the right procurement consultant for your business, consider trying out a few different recruiting strategies:
Recruiting procurement consultants requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.
It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you have selected a candidate for the procurement consultant position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.
It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
Before you start to hire procurement consultants, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire procurement consultants pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
Procurement consultants earn a median yearly salary is $81,254 a year in the US. However, if you're looking to find procurement consultants for hire on a contract or per-project basis, hourly rates typically range between $30 and $48.