A Procurement Lead is responsible for directing the procurement process in order to acquire items and services that are required by the business. They are accountable for ensuring the speed, efficiency and quality in purchasing products and services, and also to contracts with vendors, maintain relationships with suppliers, and increase the quantity of inventory. A bachelor's degree in the same field is typically required along with a solid ability to negotiate and analytical skills.

The procurement lead job role in the United States is expected to witness significant growth in the market. According to a 10-year analysis, employment opportunities in this field are projected to increase steadily. With the ever-growing need for efficient supply chain management and cost optimization, organizations are increasingly recognizing the importance of skilled procurement professionals. As companies continue to expand and international markets become more accessible, the demand for procurement leads is expected to rise. Therefore, the future looks promising for individuals seeking employment in this role, with ample opportunities for professional growth and development.

How to Learn

As a Procurement Lead with 6-9 years of experience in the United States, your main responsibilities include:<ul><li> Manage procurement activities, including sourcing, contract negotiation, and supplier management.Oversee the entire procurement process, from identifying needs to supplier evaluation and selection.</li><li> Develop and implement procurement strategies to optimize cost, quality, and delivery.Continuously review market trends and supplier performance to make informed procurement decisions.</li><li> Collaborate with cross-functional teams to ensure procurement aligns with organizational objectives.Work closely with stakeholders to understand their requirements and provide procurement support.</li><li> Monitor and analyze procurement data to identify opportunities for cost savings and process improvement.</li></ul>

Roles & Responsibilities

Average take home Salary for a Procurement Lead in United States is around ₹6077750 per year

Salary Breakup

A Procurement Lead is responsible in overseeing the procurement process to purchase items and services that are required by the business.


Breakup	Range
Base Salary	null - null
Bonus	null - null
Commisssion	null - null
Profit Sharing	null - null
Total Pay	null - null

Procurement Lead

Salary Breakup

Skills That Affect Procurement Lead Salaries

Explore

More

Get in Touch with Us