Purchasing manager salary

Working as a Procurement Manager

Working as a procurement manager involves having a central role in an organization, where one is responsible for purchasing goods and services. This includes negotiating with suppliers, analyzing procurement needs, and monitoring contracts. A procurement manager needs to have good knowledge of logistics, economics, and law. To succeed in the role, the ability to create and maintain good relationships with suppliers and to have a strategic mindset are also required.

Salary for Procurement Managers

The average salary for a procurement manager is 47 600 SEK per month. There is a certain salary difference between men and women in the profession, with men earning an average of 49 600 SEK while women earn 45 500 SEK. This means that women earn approximately 92% of what men do in the same occupational role. The salary has seen an increase from 44 600 SEK to 47 600 SEK since the last measurement.

Factors Affecting Salary

The salary for a procurement manager can vary depending on several factors such as experience, education, and the specific industry one works in. Larger companies and international organizations tend to offer higher salaries compared to smaller companies.

Education and Qualifications

Working as a procurement manager often requires a post-secondary education in economics, logistics, or another relevant field. Many employers also value experience from similar roles, which can be crucial to securing a job in the field. Further education and certifications in procurement and sourcing can be an advantage and contribute to increasing one's employability and earning potential.

Key Education and Certifications

There are several education and certifications that can be helpful for those who want to work as procurement managers. Some of these include:

• Certified Purchasing Professional (CPP)
• Certified Professional in Supply Management (CPSM)
• Diploma in Procurement and Supply from CIPS

Benefits in the Profession

Benefits for procurement managers may vary depending on the employer, but it is not uncommon to be offered paid training, a company phone, and other benefits such as flexible hours and the opportunity to work from home. These benefits can be an important part of the total compensation package and contribute to a better work-life balance.

Job Opportunities and Future Outlook

According to the Swedish Public Employment Service's forecasts, the opportunities for employment as procurement managers and purchasers are considered moderate at the national level. Over a five-year period, demand is expected to remain unchanged. The recruitment situation is characterized by balance, meaning that the supply and demand for labor are in equilibrium.

Factors Affecting Job Opportunities

Several factors can affect job opportunities for procurement managers, including economic conditions, technological changes, and globalization. Companies expanding internationally may have an increased need for procurement managers with knowledge of international markets and supply chains.

Summary

Working as a procurement manager offers a dynamic and responsible role with good salary prospects and benefits. With the right education and experience, there are good opportunities to succeed in the profession. The future outlook is considered stable, making it an attractive career choice for those interested in procurement and sourcing.