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Procurement Specialist in Lansing, MI

Procurement Specialist Job Description

Procurement specialists need excellent communication and negotiation skills to build relationships with vendors and suppliers. Firms look for candidates with strong business and financial acumen, including the ability to interpret financial data and identify potential cost savings. Top candidates have a deep understanding of industry standards and regulations, as well as proficiency with enterprise resource planning (ERP) systems. Generally, employers look for professionals with a bachelor’s degree in a business-related field and at least two years of experience in procurement or supply chain management.

Typical procurement specialist duties:

Negotiating contracts with vendors and managing relationships with suppliersMonitoring and analyzing market trends and researching industry suppliersEstablishing quality assurance standards and verifying the quality of purchased productsMaintaining accurate records of purchases and expensesManaging inventory levels and tracking orders to ensure timely delivery

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Salary for Procurement Specialist in Lansing, MI
38888 - 60563
25th percentile
38888
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
49725
The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.
75th percentile
60563
The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Chief Financial Officer (CFO) – Corporate Accounting 165113 228013 273488 Vice President of Finance 140250 175950 212925 Corporate Controller 128350 156613 181263 Divisional Controller 95200 132388 149813 Assistant Controller 78625 103700 120700 Director of Finance 107525 141950 153638 Director of Accounting 106250 139613 153638 Treasurer 118788 180838 208250 Assistant Treasurer 66513 89888 104763 Financial Project Manager 91375 116025 140888 Forensic Accountant 72038 89675 103488 Property Accountant 58013 66513 79900 Plant Controller 89038 102425 111350 Procurement Manager 69488 95413 106463

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