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Procurement Managers manage a company’s sourcing capabilities and supply chain. They are responsible for strategising and negotiating with suppliers and vendors in order to acquire the most cost-effective deals and to reduce procurement expenses.
Min: £29,000.00 Max: £74,750.00
Average Procurement Manager Salary in UK : £50,154.60
Read about Procurement Manager salaries, related jobs and salary information across the UK
Procurement Manager Salary data from the ONS
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Recommended Procurement Manager Jobs in UK
Average Salary for Procurement Manager compared to similar jobs
Related Jobs
View salaries for similar jobs.
| Job Title | UK Average |
|---|---|
| Purchasing Assistant Salary in UK | £18,112.65 |
| Purchasing Clerk Salary in UK | £24,723.83 |
| Purchasing Agent Salary in UK | £30,699.58 |
| Procurement Specialist Salary in UK | £39,944.97 |
| Procurement Consultant Salary in UK | £43,115.78 |
| Purchasing Manager Salary in UK | £54,498.08 |
Salary by Region
Compare Procurement Manager salaries across different regions
| Region | Salary |
|---|---|
| Scotland | £46,389.80 |
| Wales | £46,371.60 |
| Northern Ireland | £47,007.44 |
| East Midlands | £48,621.47 |
| Eastern | £53,794.57 |
| London | £56,250.52 |
| North East | £47,699.18 |
| North West | £48,336.23 |
| South East | £50,418.28 |
| South West | £47,761.98 |
| West Midlands | £49,015.21 |
| Yorkshire and the Humber | £45,304.57 |
Annual Job Ads by Region
Understanding the Average Procurement Manager Salary in the UK
As a Procurement Manager in the UK, it's important to have a clear understanding of the average salary in this field. According to average Finance salaries, the average salary for a Procurement Manager in the UK is £50,200 per year. This figure can vary depending on factors such as experience, qualifications, and the size of the company you work for.
Salary Expectations for Newly Qualified Procurement Manager
If you're a newly qualified Procurement Manager, you may be wondering what salary you can expect. To get an idea of the current market rates, it's recommended to check out the latest job listings on job search websites. These listings will give you an insight into the salary range for entry-level positions in the field.
Salaries for Experienced Procurement Manager
For experienced Procurement Managers in the UK, the salary range tends to be higher. With several years of experience under your belt, you can expect to earn a salary between £29,000 and £74,800 per year. This higher salary reflects your expertise and the value you bring to the organization.
Creating a Procurement Manager CV
When applying for a Procurement Manager position, having a well-crafted CV is essential. To make the process easier, you can use a CV template specifically designed for Procurement Managers. This template will help you highlight your skills, experience, and achievements in a professional and organized manner.
Career Development Opportunities for Procurement Manager
As a Procurement Manager, there are various career development opportunities available to you. Whether it's pursuing additional certifications, attending industry conferences, or taking on leadership roles within your organization, investing in your professional growth can lead to higher earning potential. For more guidance on career advancement, you can seek career advice tailored specifically for Procurement Managers.
Comprehensive Compensation for Procurement Manager
Aside from the base salary, Procurement Managers in the UK may also receive additional compensation in the form of bonuses, profit-sharing, or commission. These additional incentives can significantly boost your overall earnings. It's important to negotiate your compensation package to ensure you are fairly rewarded for your contributions.
Strategies for Increasing Your Salary as a Procurement Manager
If you're looking to increase your salary as a Procurement Manager, there are several strategies you can employ. These include consistently delivering exceptional results, taking on additional responsibilities, staying updated with industry trends, and actively seeking out opportunities for professional development. By demonstrating your value and continuously improving your skills, you can position yourself for salary advancements.
Professional Development and Earnings
Investing in your professional development can have a direct impact on your earnings as a Procurement Manager. By acquiring additional certifications, attending relevant workshops or seminars, and staying up-to-date with the latest industry practices, you can enhance your expertise and make yourself more valuable to employers. This, in turn, can lead to higher salary offers and better career opportunities.
Capitalising on Extra Hours and Duties
As a Procurement Manager, there may be times when you are required to work extra hours or take on additional duties. While this can be demanding, it's important to recognize the potential financial benefits. Some companies offer overtime pay or additional compensation for taking on extra responsibilities. By capitalizing on these opportunities, you can further increase your earnings as a Procurement Manager.
