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The differences between procurement engineers and procurement analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a procurement engineer and a procurement analyst. Additionally, a procurement engineer has an average salary of $75,682, which is higher than the $64,448 average annual salary of a procurement analyst.
The top three skills for a procurement engineer include project management, cost reduction and supplier quality. The most important skills for a procurement analyst are purchase orders, supplier performance, and customer service.
| Procurement Engineer | Procurement Analyst | |
| Yearly salary | $75,682 | $64,448 |
| Hourly rate | $36.39 | $30.98 |
| Growth rate | 10% | 11% |
| Number of jobs | 28,571 | 75,154 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 69% |
| Average age | 42 | 44 |
| Years of experience | 4 | 4 |
Procurement engineers are professionals who are responsible for procuring technical goods and services that are used in the industrial operation of an organization. These engineers must evaluate all new and existing suppliers and negotiate purchase agreements to ensure that the purchased goods and services are delivered as promised. They must ensure that all the machines and equipment are following the quality and performance standards of the facility. Procurement engineers must also choose appropriate suppliers by analyzing and comparing their products and prices.
Procurement analysts procure favorable contracts by acting as liaisons between suppliers and their employers. They are hired by organizations that rely on supply chain management to analyze and evaluate potential suppliers, prepare reports about monthly supply costs, and negotiate contracts. With good critical thinking skills, these procurement analysts who are also known as purchasing analysts, evaluate vendors and suppliers based on the speed of delivery, quality, and price. They use quantitative methods to support fact-based decision-making to become competitive and to ensure cost-efficiency and high quality of the products and services.
Procurement engineers and procurement analysts have different pay scales, as shown below.
| Procurement Engineer | Procurement Analyst | |
| Average salary | $75,682 | $64,448 |
| Salary range | Between $54,000 And $105,000 | Between $45,000 And $91,000 |
| Highest paying City | Menlo Park, CA | Washington, DC |
| Highest paying state | Massachusetts | Maryland |
| Best paying company | Apple | PayPal |
| Best paying industry | Technology | Retail |
There are a few differences between a procurement engineer and a procurement analyst in terms of educational background:
| Procurement Engineer | Procurement Analyst | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 69% |
| Most common major | Mechanical Engineering | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between procurement engineers' and procurement analysts' demographics:
| Procurement Engineer | Procurement Analyst | |
| Average age | 42 | 44 |
| Gender ratio | Male, 83.1% Female, 16.9% | Male, 47.7% Female, 52.3% |
| Race ratio | Black or African American, 4.2% Unknown, 3.9% Hispanic or Latino, 10.4% Asian, 15.1% White, 66.3% American Indian and Alaska Native, 0.2% | Black or African American, 8.2% Unknown, 4.5% Hispanic or Latino, 9.0% Asian, 11.8% White, 66.4% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 4% | 12% |