Companies look for candidates with the business acumen and negotiating skills to negotiate favorable deals and contracts with vendors and suppliers. Strategic thinkers with the ability to devise procurement strategies that meet the organization’s needs and objectives are highly valued for this role. Procurement managers must also have the leadership and project management skills to manage and motivate a procurement team, set objectives and monitor progress. Candidates for this position typically have a bachelor’s degree in business, finance or a related field, plus five or more years experience in procurement or supply chain management. Developing and implementing procurement policies, procedures, and best practices to ensure compliance with organizational standardsNegotiating and managing contracts with suppliers and subcontractors for the procurement of goods and servicesMonitoring supplier performance and addressing any issues arising from contractsCoordinating the RFP process, including evaluation of proposals and selection of vendorsSupervising the organization’s procurement team Submit your resume or request talent now and our expert recruiters will be with you shortly.Robert Half can assist you with your procurement manager staffing needs.
About Time
Commodity Management
Cost Savings
ERP - Enterprise Resource Planning
ERP Solutions
MRP ERP System
Salary for Procurement Manager in Lexington, KY
$73,140 - $112,010
25th percentile
New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties
50th percentile
Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role
75th percentile
Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Chief Financial Officer (CFO) – Corporate Accounting $162,380 $243,800 $276,690 Vice President of Finance $132,250 $187,450 $226,780 Corporate Controller $102,120 $147,430 $193,890 Divisional Controller $99,130 $141,910 $160,080 Assistant Controller $74,750 $109,480 $127,420 Director of Finance $112,010 $151,800 $164,220 Director of Accounting $108,560 $147,660 $162,380 Treasurer $121,210 $192,740 $221,950 Assistant Treasurer $70,610 $95,680 $111,320 Director of Financial Reporting $112,700 $141,680 $162,840 Financial Project Manager $97,520 $123,970 $150,420 Forensic Accountant $76,590 $95,450 $110,170 Property Accountant $61,410 $70,380 $84,640 Plant Controller $93,840 $107,870 $117,300 Procurement Specialist $41,400 $52,900 $64,400
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