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Procurement Specialist in Duluth, MN

Procurement Specialist Job Description

Procurement specialists need excellent communication and negotiation skills to build relationships with vendors and suppliers. Firms look for candidates with strong business and financial acumen, including the ability to interpret financial data and identify potential cost savings. Top candidates have a deep understanding of industry standards and regulations, as well as proficiency with enterprise resource planning (ERP) systems. Generally, employers look for professionals with a bachelor’s degree in a business-related field and at least two years of experience in procurement or supply chain management.

Typical procurement specialist duties:

Negotiating contracts with vendors and managing relationships with suppliersMonitoring and analyzing market trends and researching industry suppliersEstablishing quality assurance standards and verifying the quality of purchased productsMaintaining accurate records of purchases and expensesManaging inventory levels and tracking orders to ensure timely delivery

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Salary for Procurement Specialist in Duluth, MN
38201 - 59494
25th percentile
38201
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
48848
The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.
75th percentile
59494
The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Chief Financial Officer (CFO) – Corporate Accounting 162199 223989 268661 Vice President of Finance 137775 172845 209168 Corporate Controller 126085 153849 178064 Divisional Controller 93520 130051 147169 Assistant Controller 77238 101870 118570 Director of Finance 105628 139445 150926 Director of Accounting 104375 137149 150926 Treasurer 116691 177646 204575 Assistant Treasurer 65339 88301 102914 Financial Project Manager 89763 113978 138401 Forensic Accountant 70766 88093 101661 Property Accountant 56989 65339 78490 Plant Controller 87466 100618 109385 Procurement Manager 68261 93729 104584

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