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Senior manager, procurement hiring summary. Here are some key points about hiring senior managers, procurement in the United States:
Here's a step-by-step senior manager, procurement hiring guide:
Senior Procurement Managers oversee the procurement department of the company. They manage the procurement needs of the organization and network with vendors to keep their database of suppliers updated. Senior Procurement Managers secure competitive prices from their suppliers so that they can save up on costs. As such, Senior Procurement Managers also have visibility on the spending of each department in the organization so that they will never go over budget.
Before you post your senior manager, procurement job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find a senior manager, procurement for hire on a part-time basis or as a contractor.
Hiring the perfect senior manager, procurement also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.
Here's a comparison of senior manager, procurement salaries for various roles:
| Type of Senior Manager, Procurement | Description | Hourly rate |
|---|---|---|
| Senior Manager, Procurement | 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. | $40-84 |
| Contracts Director | A contract director is primarily in charge of developing and negotiating contracts with clients and partners, ensuring adherence to the company's policies and regulations. Their responsibilities typically revolve around performing extensive research and analysis to foresee potential advantages and disadvantages, coordinating with analysts and other experts, monitoring the progress of operations to ensure contract compliance of both parties, and overseeing the development of proposals within the organization... Show more | $22-55 |
| Supply Chain Director | A supply chain director is primarily in charge of the overall supply chain operations in a company. Their responsibilities revolve around devising strategies to improve processes, creating business plans and sales forecasts, delegating tasks, coordinating and selecting suppliers and vendors, creating new supply chain policies when necessary, and spearheading the inventory and delivery processes... Show more | $43-88 |
Including a salary range in your senior manager, procurement job description helps attract top candidates to the position. A senior manager, procurement salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.
For example, the average salary for a senior manager, procurement in Indiana may be lower than in California, and an entry-level senior manager, procurement usually earns less than a senior-level senior manager, procurement. Additionally, a senior manager, procurement with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $164,332 | $79 |
| 2 | Oregon | $148,724 | $72 |
| 3 | Massachusetts | $138,992 | $67 |
| 4 | New York | $129,811 | $62 |
| 5 | Washington | $124,144 | $60 |
| 6 | Pennsylvania | $123,522 | $59 |
| 7 | New Jersey | $121,467 | $58 |
| 8 | Michigan | $121,317 | $58 |
| 9 | Virginia | $120,710 | $58 |
| 10 | Illinois | $120,355 | $58 |
| 11 | North Carolina | $113,267 | $54 |
| 12 | Maryland | $112,028 | $54 |
| 13 | Arizona | $104,620 | $50 |
| 14 | Georgia | $100,198 | $48 |
| 15 | Arkansas | $99,466 | $48 |
| 16 | Colorado | $96,768 | $47 |
| 17 | Texas | $96,374 | $46 |
| 18 | Indiana | $94,174 | $45 |
| 19 | Florida | $83,932 | $40 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | McKinsey & Company Inc | $206,576 | $99.32 | 4 |
| 2 | Apple | $189,978 | $91.34 | 13 |
| 3 | Western Digital | $168,669 | $81.09 | 39 |
| 4 | Juniper Networks | $165,883 | $79.75 | |
| 5 | Infinera | $163,108 | $78.42 | |
| 6 | Revlon | $161,517 | $77.65 | 4 |
| 7 | Regeneron | $160,279 | $77.06 | 26 |
| 8 | Fitbit | $159,387 | $76.63 | |
| 9 | Coty | $159,293 | $76.58 | 11 |
| 10 | Novo Nordisk | $159,112 | $76.50 | |
| 11 | Cisco | $156,722 | $75.35 | 23 |
| 12 | FUJIFILM Diosynth Biotechnologies | $155,576 | $74.80 | 1 |
| 13 | Micron Technology | $155,456 | $74.74 | 15 |
| 14 | Seagate Technology | $155,296 | $74.66 | 1 |
| 15 | Citi | $154,978 | $74.51 | 1 |
| 16 | Grass Valley (US), Inc. | $152,217 | $73.18 | |
| 17 | Intel | $151,874 | $73.02 | 5 |
| 18 | Accenture | $148,206 | $71.25 | 1,385 |
| 19 | Lam Research | $147,983 | $71.15 | 5 |
| 20 | Bloom Energy | $147,269 | $70.80 | 3 |
A senior manager, procurement job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of a senior manager, procurement job description:
There are a few common ways to find senior managers, procurement for your business:
Recruiting senior managers, procurement 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.
Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've decided on a perfect senior manager, procurement candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your 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.
Once that's done, you can draft an onboarding schedule for the new senior manager, procurement. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.
Before you start to hire senior managers, procurement, 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 senior managers, procurement pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
You can expect to pay around $121,433 per year for a senior manager, procurement, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for senior managers, procurement in the US typically range between $40 and $84 an hour.