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Senior procurement managers process purchase orders and oversee contract development and administration. They coordinate the activities of the procurement department of the company. They are responsible for managing the organization's procurement needs and network with vendors to keep their database of suppliers updated. They earn an average sum of $125,000 annually or $60 per hour.
Senior procurement managers develop a centralized procurement program that adds value and efficiency to the organization while overseeing contract development and administration. They secure competitive prices from their suppliers so that they can save up on costs and have visibility on the spending of each department so that they will never go over budget.
Senior procurement managers mostly hold a bachelor's or master's degree in business or a related field. They have a solid background in working on enterprise-wide projects for large complex organizations and a demonstrated ability to function in a team environment. They also have excellent negotiation and influencing skills.
Avg. Salary $121,433
Avg. Salary $59,228
Growth rate -6%
Growth rate 0.3%
American Indian and Alaska Native 0.31%
Asian 7.54%
Black or African American 9.23%
Hispanic or Latino 12.54%
Unknown 3.83%
White 66.55%
Genderfemale 27.21%
male 72.79%
Age - 47American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 47Stress level is high
7.1 - high
Complexity level is advanced
7 - challenging
Work life balance is poor
6.4 - fair
| Skills | Percentages |
|---|---|
| Supply Chain | 13.12% |
| Strategic Sourcing | 5.18% |
| Supplier Performance | 5.01% |
| Project Management | 4.95% |
| Continuous Improvement | 4.30% |
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The average senior manager, procurement salary in the United States is $121,433 per year or $58 per hour. Senior manager, procurement salaries range between $84,000 and $175,000 per year.
What am I worth?
Have a direct impact of the company bottom targets.
Works not recognized by upper management!
its a challenging work. you need lot of potential to be materials manager.
Learning more on the job and gaining new skills and experience
Nothing at all