Purchasing Managers are professionals who are in charge of planning and strategizing various ideas for an effective and optimal profit ensuring deals for an organization. Purchasing Managers are employed across various organizations with an average annual salary of INR 3 - 6 LPA.
In order to become a Purchase Manager, aspiring candidates must pursue Undergraduate or Postgraduate Supply Chain Management Courses from any of the Top Supply Chain Management Colleges across the country. Admissions to these colleges are done on the basis of various Management Entrance Exams such as CAT, SNAP, XAT etc.
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Post completing Supply Chain Management Courses aspiring candidates can join any organization as a Purchase Manager or a Supply Chain Manager, with an average monthly salary of INR 55,000.
Read More: How to Become a Purchasing Executive
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What Does a Purchase Manager Do
Some of the key responsibilities that a Purchase Manager is in charge of are listed below for your reference,
- A Purchase Manager is responsible for Planning, Developing, Strategising and Executing any Purchase plans
- Tracking and reporting key functional areas in order to reduce expense and improve effectiveness
- Negotiating and closing deals with optimal terms and conditions for the organization.
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Purchase Managers Salary: City Wise
The average salary of a Purchase Manager across various cities are tabulated below for your reference.
| Name of the City | Average Annual Salary (INR) |
|---|---|
| Delhi | 10.51 L |
| Bangalore | 16.56 L |
| Mumbai | 12.42 L |
| Kolkata | 7.47 L |
Purchase Manager Salary: Organization Wise
The average salary of a Purchase Manager across various organizations are tabulated below for your reference,
| Name of the Companies | Average Annual Salary (INR) |
|---|---|
| Procter & Gamble | 26.4 L |
| Ford Motors | 30.46 L |
| General Motors | 18 L |
| Hyatt | 15 L |
| Cummins | 16.55 L |
Purchase Manager Salary: Experience Wise
The average Purchase Manager Salary in India on the basis of years of experience are tabulated below,
| Experience | Average Annual Salary (INR) |
|---|---|
| Fresher Salary | 4.4 L |
| Intermediate Level | 9 L |
| Senior Level | 13.71 L |
Purchase Manager Salary: Gender wise
The average salary of a Purchase Manager on the basis of gender is tabulated below for your reference,
| Gender | Average Annual Salary (INR) |
|---|---|
| Male | 10 L |
| Female | 10 L |
Purchase Manager Salary: FAQs
Ques: How can I become a purchasing manager in India?
Ans: In order to become a Purchase Manager in India, aspiring candidates must pursue Undergraduate and Postgraduate Management courses in Supply Chain Management. They can also pursue Economics courses and other Commerce courses
Ques: WHAT IS manager's salary?
Ans: The average salary of a Purchase Manager is INR 3.6 - 25.4 LPA.
Ques: What skills do purchasing managers need?
Ans: Some of the key skills that are required to become a Purchase Manager are,
Verbal & Oral Skills
Organizational Skills
Attention to Details
Management Skills
Ques: What is MBA salary in India?
Ans: The average salary received post completing an MBA degree is INR 5.5 - 23 L
Ques: Who is purchasing manager?
Ans: Purchasing managers are an important link in the supply chain, serving as the professionals who are ultimately responsible for procuring the highest quality goods and services at the best possible prices, which is an important contribution to the business' cost-efficiency.
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