Procurement Manager: Job Duties, Skills and Salary 2025

What Does a Procurement Manager do?

A Procurement Manager is responsible for overseeing the procurement process within an organization, ensuring that all materials, equipment, and services are sourced efficiently, cost-effectively, and in compliance with company policies and quality standards.

They lead a team of procurement professionals, develop and implement procurement strategies, and manage supplier relationships. Procurement Managers negotiate contracts, monitor supplier performance, and work closely with other departments to align procurement activities with overall business objectives. They also analyze market trends, forecast procurement needs, and identify opportunities for cost savings and process improvements.

Their work is essential in optimizing procurement operations, reducing costs, and ensuring that the organization has the necessary resources to achieve its business goals.

Key Duties & Responsibilities

Procurement Managers in the Operations field handle essential tasks and contribute significantly to achieving team and organizational goals. Here are some of their primary responsibilities:

• Develop and implement procurement strategies that align with the organization’s goals and objectives.
• Lead and manage a team of procurement professionals, providing guidance, training, and performance evaluations.
• Negotiate contracts with suppliers to secure favorable terms and conditions, including pricing and delivery schedules.
• Oversee the sourcing and procurement of materials, equipment, and services, ensuring quality and compliance with company standards.
• Monitor supplier performance, addressing any issues or discrepancies to maintain strong supplier relationships.
• Analyze market trends and forecasts to identify opportunities for cost savings and procurement process improvements.
• Collaborate with other departments, such as finance, production, and logistics, to ensure seamless procurement operations.
• Maintain accurate records of procurement activities, including contracts, supplier evaluations, and purchase orders.

How to Become a Procurement Manager

Launching a career as a Procurement Manager requires a specific education. We outline the essential qualifications, skills, and steps to enter this field.

Qualification

• Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.
• Extensive experience in procurement, supply chain management, or a related role, preferably in a managerial position.
• Strong understanding of procurement processes, contract management, and supplier relationship management.
• Proficiency in procurement software and tools, such as ERP systems.
• Relevant certifications, such as Certified Professional in Supply Management (CPSM) or Certified Purchasing Manager (CPM), are highly advantageous.

Requirements & Skills

• Excellent leadership and management skills to oversee procurement teams and drive procurement strategies.
• Strong negotiation skills to secure the best possible terms with suppliers.
• Analytical and problem-solving abilities to optimize procurement processes and achieve cost savings.
• Attention to detail to ensure compliance with company policies and quality standards.
• Ability to work collaboratively across departments and manage multiple procurement projects simultaneously.

Procurement Manager Salary Guide

Wondering what Procurement Managers earn? Explore salary ranges by experience, and career tips to maximize your earning potential.

The average salary for a Procurement Manager in the U.S. is approximately $105,000 per year and can vary from entry-level to senior positions. Procurement Managers may receive a wide range of benefits.

Procurement Manager Salary Career Steps