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Learning about the salary details of a purchasing manager in the United States should be a priority if you are interested in becoming one, whether it’s at entry-level or in Los Angeles.
In this position, both purchasing managers and non-purchasing managers do almost the same thing.
However, factors such as level, location, industry, and size of the company play a significant role in how much you earn periodically.
So, if you want to have all the details about how much a purchasing manager earns, then keep reading.
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What Does it Mean to Be a Purchasing Manager?
A purchasing manager, also known as a purchasing director or supply manager, heads a team responsible for procuring goods and services for resale or company use.
They seek the best available quality for the lowest price. They evaluate suppliers, negotiate contracts, and review product quality.
What Does a Purchasing Manager Do?
Purchasing managers typically do the following:
- Evaluate suppliers based on price, quality, and delivery speed
- Interview vendors and visit suppliers’ plants and distribution centers to examine and learn about products, services, and prices
- Attend meetings, trade shows, and conferences to learn about new industry trends and make contacts with suppliers
- Analyze price proposals, financial reports, and other information to determine reasonable prices
- Negotiate contracts on behalf of their organization
- Work out policies with suppliers, such as when products will be delivered
- Meet with staff and vendors to discuss defective or unacceptable goods or services and determine corrective action
- Evaluate and monitor contracts to be sure that vendors and supplies comply with the terms and conditions of the contract and to determine the need for changes
- Maintain and review records of items bought, costs, deliveries, product performance, and inventories
Purchasing managers buy products, durable and nondurable goods, and services for organizations and institutions.
Hence, they try to get the best deal for their organization – the highest quality goods and services at the lowest cost.
Purchasing managers do this by studying sales records and inventory levels of current stock, identifying foreign and domestic suppliers and keeping up to date with changes affecting both the supply of and demand for, products and materials.
Also, they consider price, quality, availability, reliability, and technical support when choosing suppliers and merchandise.
To be effective, they must have a working technical knowledge of the goods or services to be bought.
Evaluating suppliers is one of the most critical functions of a purchasing manager. Many organizations now run on a lean manufacturing schedule and use just-in-time inventories, so any delays in the supply chain can shut down production and potentially cost the organization customers.
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Factors that Affect Purchasing Manager Salary
For every job out there, there are certain factors that influence the salary. On this note, the following are factors that affect the salary of a purchasing manager in the United States:
Education
According to statistics, a person’s earning potential increases with each additional educational degree they receive.
Employees with a high school diploma typically make more money than those without one.
A four-year bachelor’s degree earns more than a two-year associate’s degree. Master’s degree holders earn more than bachelor’s degree holders, and so on.
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Years of Experience
Reputation comes with experience. If you are skilled at what you do, generally speaking, the more experience you have, the better your reputation will be.
As your reputation increases, you’ll draw in more customers, consumers, and employers who are willing to pay top dollar for your services. Most MD high earners have ten years or more of experience.
Location
When it comes to how much you may make in a specific job, location is one of the most important aspects.
Salaries for Managing Directors are greater in major cities such as New Jersey ($186,767), New York ($203,481), and the District of Columbia ($181,063) than in more rural areas.
How Much Does Purchasing Manager Make in the U.S in 2023?
- Average Purchasing Manager makes $97,577 in the United States.
- The average hourly pay for a Purchasing Manager is $46.91.
- The average entry-level Purchasing Manager salary is $68,000.
- The highest paying states for Purchasing managers are Maine ($117,507), Michigan ($113,619), New Jersey ($117,507), and New York ($117,507).
- The highest paying cities for Purchasing managers are San Francisco, CA ($118,427), Detroit, MI, Parsippany-Troy Hills, NJ, New York, NY, and Seattle, WA.
- Purchasing Managers on the lower end of that spectrum, the bottom 10% to be exact, make roughly $68,000 a year, while the top 10% make $139,000.
- The best-paid 25% made $117,000 that year, while the lowest-paid 25$ made $80,000
- Industries with the highest Purchasing Manager salaries are Technology, Automotive, and Professional.
Purchasing Manager Salary by Year
The salary for a Purchasing Manager can vary depending on what industry the job is in. The highest salaries for Purchasing Managers tend to be found in Technology, Automotive, and Professional companies.
In fact, Purchasing Managers can make a yearly salary of $109,559 while working for Technology companies.
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Purchasing Manager Salary by Month
As of Jun 20, 2022, the average monthly payment for a Purchasing manager in the United States is $6,185 /month according to ZipRecruiter.
Just in case you need a simple salary calculator, that works out to be approximately $35.69 an hour. This is the equivalent of $1,427/week or $6,186/month
While ZipRecruiter is seeing annual salaries as high as $109,000 and as low as $32,000, the majority of Purchasing Manager salaries currently range between $59,000 (25th percentile) to $87,500 (75th percentile) with top earners (90th percentile) making $101,500 annually across the United States.
The average pay range for a Purchasing Manager varies greatly (by as much as $28,500), which suggests there may be many opportunities for advancement and increased pay based on skill level, location, and years of experience.
A Purchasing manager in your area makes on average $74,228 per year or $2 (0%) more than the national average annual salary of $74,226. ranks number 1 out of 50 states nationwide for Purchasing manager salaries.
To estimate the most accurate annual salary range for Purchasing manager jobs, ZipRecruiter continuously scans its database of millions of active jobs published locally throughout America.
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How much is a Purchasing Manager’s Salary by Hour?
As of Jun 20, 2022, the average hourly pay for a Purchasing Agent in the United States is $23.76 an hour.
While ZipRecruiter is seeing hourly wages as high as $35.82 and as low as $12.02. The majority of Purchasing Agent wages currently range between $18.75 (25th percentile) to $27.40 (75th percentile) across the United States.
The average pay range for a Purchasing Agent varies greatly (by as much as $8.65), which suggests there may be many opportunities for advancement. Also, increased pay based on skill level, location, and years of experience.
A Purchasing Agent in your area makes on average $24 per hour or $0.15 (1%) more than the national average hourly salary of $23.76. ranks number 1 out of 50 states nationwide for Purchasing Agent salaries.
To estimate the most accurate hourly salary range for Purchasing Agent jobs, ZipRecruiter continuously scans its database of millions of active jobs published locally throughout America.
Purchasing Manager Salary Based on Level
For more clarification, let’s consider the average salary of this executive at entry-level and at senior levels:
Entry Level Purchasing Manager Salary
As of Jun 20, 2022, the average annual pay for an Entry Level Purchasing Manager in the United States is $46,246 a year.
Just in case you need a simple salary calculator, that works out to be approximately $22.23 an hour. This is the equivalent of $889/week or $3,854/month.
While ZipRecruiter is seeing annual salaries as high as $93,000 and as low as $21,500, the majority of Entry Level Purchasing Manager salaries currently range between $33,000 (25th percentile) to $50,500 (75th percentile) with top earners (90th percentile) making $78,000 annually across the United States.
The average pay range for an Entry Level Purchasing Manager varies greatly (by as much as $17,500), which suggests there may be many opportunities for advancement and increased pay based on skill level, location, and years of experience.
An Entry Level Purchasing Manager in your area makes on average $46,330 per year or $84 (0%) more than the national average annual salary of $46,246. ranks number 1 out of 50 states nationwide for Entry Level Purchasing Manager salaries.
To estimate the most accurate annual salary range for Entry Level Purchasing Manager jobs, ZipRecruiter continuously scans its database of millions of active jobs published locally throughout America.
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Senior Level Purchasing Manager Salary
The average Senior Purchasing Manager salary in the United States is $167,548, but the salary range typically falls between $148,536 and $189,213.
Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and the number of years you have spent in your profession.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Purchasing Manager Salary in the United States Based on Location
Location is another major factor that affects how much a purchasing manager can earn at the end of the day.
By implication, the salary of a purchasing manager differs by location.
Find out how much this executive earns in the following locations:
Purchasing Manager Salary Los Angeles
As of Jun 20, 2022, the average annual pay for a Purchasing Manager in Los Angeles is $76,758 a year. Just in case you need a simple salary calculator, that works out to be approximately $36.90 an hour. This is the equivalent of $1,476/week or $6,396/month.
While ZipRecruiter is seeing salaries as high as $114,637 and as low as $33,655, the majority of Purchasing Manager salaries currently range between $62,051 (25th percentile) to $92,025 (75th percentile) with top earners (90th percentile) making $106,749 annually in Los Angeles.
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Purchasing Manager Salary Florida
As of Jun 20, 2022, the average annual pay for a Purchasing Manager in Florida is $57,504 a year. Just in case you need a simple salary calculator, that works out to be approximately $27.65 an hour. This is the equivalent of $1,106/week or $4,792/month.
While ZipRecruiter is seeing salaries as high as $90,719 and as low as $26,633, the majority of Purchasing Manager salaries currently range between $49,104 (25th percentile) to $72,824 (75th percentile) with top earners (90th percentile) making $84,476 annually in Florida.
Purchasing Manager Salary California
The average yearly salary for a purchasing manager in California as of June 20, 2022, is $71,280. That comes out to about $34.27 an hour, in case you need a quick pay calculator. This amounts to $5,940 per month or $1,371 each week.
While ZipRecruiter is seeing salaries as high as $108,267 and as low as $31,785, the majority of Purchasing Manager salaries currently range between $58,602 (25th percentile) to $86,911 (75th percentile) with top earners (90th percentile) making $100,816 annually in California.
The average pay range for a Purchasing Manager varies greatly (as much as $28,309), which suggests there may be many opportunities for advancement and increased pay based on skill level, location, and years of experience.
Purchasing Manager Salary Texas
The average Purchasing Manager salary in Texas is $120,953 as of May 27, 2022, but the range typically falls between $106,063 and $138,881.
Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, and the number of years you have spent in your profession.
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Purchasing Manager Average Salary By State
What are the Top 10 Highest Paying Cities for Purchasing Manager Jobs
We’ve identified 10 cities where the typical salary for a Purchasing+manager job is above the national average.
Topping the list is San Francisco, CA, with Fremont, CA and San Jose, CA close behind in the second and third positions. San Jose, CA beats the national average by $10,511 (14.2%), and San Francisco, CA furthers that trend with another $15,687 (21.1%) above the $74,226 average.
With these 10 cities having average salaries higher than the national average, the opportunities for economic advancement by changing locations as a Purchasing+manager appear to be exceedingly fruitful.
Finally, another factor to consider is the average salary for these top ten cities varies very little at 9% between San Francisco, CA and Barnstable Town, MA, reinforcing the limited potential for much wage advancement.
The possibility of a lower cost of living may be the best factor to use when considering location and salary for a Purchasing+manager role.
| City | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
|---|---|---|---|---|
| San Francisco, CA | $89,914 | $7,493 | $1,729 | $43.23 |
| Fremont, CA | $87,673 | $7,306 | $1,686 | $42.15 |
| San Jose, CA | $84,738 | $7,061 | $1,630 | $40.74 |
| Oakland, CA | $83,898 | $6,991 | $1,613 | $40.34 |
| Jackson, WY | $83,669 | $6,972 | $1,609 | $40.23 |
| Sunnyvale, CA | $82,383 | $6,865 | $1,584 | $39.61 |
| Hayward, CA | $82,297 | $6,858 | $1,583 | $39.57 |
| Seattle, WA | $81,869 | $6,822 | $1,574 | $39.36 |
| Vallejo, CA | $81,657 | $6,805 | $1,570 | $39.26 |
| Barnstable Town, MA | $81,620 | $6,802 | $1,570 | $39.24 |
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We found at least five jobs related to the Purchasing+manager job category that pay more per year than a typical Purchasing+manager salary. Top examples of these roles include Director of Purchasing, Purchasing Controller, and Strategic Purchasing.
Importantly, all of these jobs are paid between $6,453 (8.7%) and $34,787 (46.9%) more than the average Purchasing+manager salary of $74,226. If you’re qualified, getting hired for one of these related Purchasing+manager jobs may help you make more money than that of the average Purchasing+manager position.
| Job Title | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
|---|---|---|---|---|
| Director of Purchasing | $109,013 | $9,084 | $2,096 | $52.41 |
| Purchasing Controller | $84,401 | $7,033 | $1,623 | $40.58 |
| Strategic Purchasing | $83,816 | $6,985 | $1,612 | $40.30 |
| Purchase Officer | $82,313 | $6,859 | $1,583 | $39.57 |
| Purchase Requisition | $80,679 | $6,723 | $1,552 | $38.79 |
Purchasing Manager Salary By Year
How Much Do Purchasing Managers Make In Different Industries?
The salary for a Purchasing Manager can vary depending on what industry the job is in. The highest salaries for Purchasing Managers tend to be found in Technology, Automotive, and Professional companies.
In fact, Purchasing Managers can make a yearly salary of $109,559 while working for Technology companies.
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Highest Paying Industries for Purchasing Managers
| Rank | Industry | Average Purchasing Manager Salary | Purchasing Manager Salary Range |
|---|---|---|---|
| 1 | Technology | $109,559 | $72k$131k |
| 2 | Automotive | $104,716 | $72k$131k |
| 3 | Professional | $101,636 | $72k$131k |
| 4 | Manufacturing | $100,043 | $72k$131k |
| 5 | Retail | $99,919 | $72k$131k |
| 6 | Hospitality | $87,747 | $72k$131k |
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Average Purchasing Manager Salary by Education Level
Purchasing Managers with a Masters’s degree earn more than those without, at $119,483 annually.
With a bachelor’s degree, Purchasing Managers earn a median annual income of $106,061 compared to $89,050 for Purchasing Managers with an Associate degree.
| Education | Salary |
|---|---|
| High School Diploma or Less | $86,735 |
| Master’s Degree | $119,483 |
| Bachelor’s Degree | $106,061 |
| Some College/ Associate Degree | $89,050 |
Conclusion
As a purchasing manager, you oversee the operation and performance of purchases. You are also responsible for the daily performance and operation of the departments or managers that report to them.
The salary for a Purchasing Manager can vary depending on what industry the job is in. The highest salaries for Purchasing Managers tend to be found in Technology, Automotive, and Professional companies.
In fact, Purchasing Managers can make a yearly salary of $109,559 while working for Technology companies.
Frequently Asked Questions on purchasing manager salary
Is a purchasing Manager a good career?
Through all their responsibilities, purchasing agents actually play a significant role in a company’s innovation, growth, and cost savings!
As such, those that are really good at what they do are considered to be quite valuable assets to companies and are presented with interesting career advancement paths
What do purchasing Manager do?
They evaluate suppliers, negotiate contracts, and review the quality of products.
Purchasing managers oversee the work of buyers and purchasing agents and typically handle more complex procurement tasks
What is an above average salary in Texas?
As of Jun 18, 2022, the average annual pay for the Above Average jobs category in Texas is $46,894 a year.
Just in case you need a simple salary calculator, that works out to be approximately $22.54 an hour. This is the equivalent of $902/week or $3,908/month.
Is purchasing a stressful job?
Stress in procurement is prevalent, that’s a fact. Of course, such demands and the stress they cause are not unique to the procurement profession.
According to industry research, 80% of workers deal with work-related stress in which “nearly half say they need help in learning how to manage stress.”
Is it hard to become a purchasing manager?
Work experience of at least 5 years is usually expected as a purchasing agent or buyer before one can advance to the purchasing manager.
In addition, some employers require certification, while others do not. The certification involves written or oral exams and has requirements for education and work experience
Is a purchasing Manager a good career?
Through all their responsibilities, purchasing agents actually play a significant role in a company’s innovation, growth, and cost savings!
As such, those that are really good at what they do are considered to be quite valuable assets to companies and are presented with interesting career advancement paths
What do purchasing Manager do?
They evaluate suppliers, negotiate contracts, and review the quality of products.
Purchasing managers oversee the work of buyers and purchasing agents and typically handle more complex procurement tasks
What is an above average salary in Texas?
As of Jun 18, 2022, the average annual pay for the Above Average jobs category in Texas is $46,894 a year.
Just in case you need a simple salary calculator, that works out to be approximately $22.54 an hour. This is the equivalent of $902/week or $3,908/month.
Is purchasing a stressful job?
Stress in procurement is prevalent, that’s a fact. Of course, such demands and the stress they cause are not unique to the procurement profession.
According to industry research, 80% of workers deal with work-related stress in which “nearly half say they need help in learning how to manage stress.”
Is it hard to become a purchasing manager?
Work experience of at least 5 years is usually expected as a purchasing agent or buyer before one can advance to the purchasing manager.
In addition, some employers require certification, while others do not. The certification involves written or oral exams and has requirements for education and work experience
References
- salary.com- Senior Purchasing Manager Salary in the United States
- ziprecruiter.com– Purchasing+manager Salary
- careerexplorer.com– Purchasing manager salary
- zippia.com– AVERAGE PURCHASING MANAGER SALARY
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