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Procurement Specialist in Wilmington, DE

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 Wilmington, DE
48038 - 74813
25th percentile
48038
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
61425
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
74813
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 203963 281663 337838 Vice President of Finance 173250 217350 263025 Corporate Controller 158550 193463 223913 Divisional Controller 117600 163538 185063 Assistant Controller 97125 128100 149100 Director of Finance 132825 175350 189788 Director of Accounting 131250 172463 189788 Treasurer 146738 223388 257250 Assistant Treasurer 82163 111038 129413 Financial Project Manager 112875 143325 174038 Forensic Accountant 88988 110775 127838 Property Accountant 71663 82163 98700 Plant Controller 109988 126525 137550 Procurement Manager 85838 117863 131513

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