Factory Equipment Procurement Officer Salary in Rhode Island

Annual Median: $77,570
Hourly Median: $37.29

Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.

Annual and Hourly Factory Equipment Procurement Officer undefined, Rhode Island Salary Table:

Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.
PercentileAnnual SalaryHourly Wage
10th$52,140$25.07
25th$62,880$30.23
Median$77,570$37.29
75th$96,260$46.28
90th$121,120$58.23

Best Schools to become a Factory Equipment Procurement Officer in Rhode Island 2024

University of Rhode Island

Kingston, RI

In-State Tuition:$13,586
Out-of-State Tuition:$32,068
Admission Rate:76%
Graduation Rate:72%
Total Enrollment:17,473

Providence College

Providence, RI

In-State Tuition:$56,980
Out-of-State Tuition:$56,980
Admission Rate:53%
Graduation Rate:86%
Total Enrollment:4,473

Bryant University

Smithfield, RI

In-State Tuition:$48,432
Out-of-State Tuition:$48,432
Admission Rate:69%
Graduation Rate:83%
Total Enrollment:3,536

Johnson & Wales University-Online

Providence, RI

In-State Tuition:$13,365
Out-of-State Tuition:$13,365
Admission Rate:68%
Graduation Rate:N/A
Total Enrollment:2,505

Salve Regina University

Newport, RI

In-State Tuition:$45,250
Out-of-State Tuition:$45,250
Admission Rate:70%
Graduation Rate:76%
Total Enrollment:2,872

Johnson & Wales University-Providence

Providence, RI

In-State Tuition:$37,896
Out-of-State Tuition:$37,896
Admission Rate:83%
Graduation Rate:59%
Total Enrollment:4,566

Factory Equipment Procurement Officer Salary in Rhode Island FAQs

  • What factors influence the salary of a Factory Equipment Procurement Officer in Rhode Island?
    Several factors can impact your salary, including your level of experience, educational background, the size and industry of the company you work for, and your negotiation skills. Additionally, certifications related to procurement and supply chain management can also affect compensation.

  • Is a degree necessary to become a Factory Equipment Procurement Officer?
    While a degree in fields such as business, supply chain management, or engineering can be beneficial, it is not strictly necessary. Many employers also value relevant work experience and skills over formal education. Certifications in procurement can further enhance your qualifications.

  • What kind of experience is typically required for this role?
    Employers usually seek candidates with a few years of experience in procurement or supply chain roles. Familiarity with industrial equipment, negotiation skills, and project management experience are often highly regarded.

  • Are there opportunities for advancement in this career?
    Yes, there are multiple pathways for advancement. With experience and demonstrated success, you could move into higher-level procurement roles, managerial positions, or even executive leadership, depending on your industry and personal career goals.

  • How important are negotiation skills for a Factory Equipment Procurement Officer?
    Negotiation skills are essential in this role, as they play a critical part in securing favorable terms from suppliers and managing budgets effectively. Your ability to negotiate can significantly impact your organization’s overall costs and profitability.

  • What benefits might accompany the salary of a Factory Equipment Procurement Officer?
    In addition to salary, you may receive various benefits, including health insurance, retirement plans, bonuses, and paid time off. Some employers may also offer professional development opportunities and tuition reimbursement.

  • How does the salary of a Factory Equipment Procurement Officer in Rhode Island compare to other states?
    Salaries can vary widely across different states due to factors such as cost of living and demand for specific roles. Generally, regions with a higher demand for manufacturing and procurement professionals may offer higher salaries.

  • What industries commonly employ Factory Equipment Procurement Officers?
    You can find opportunities in a range of industries, including manufacturing, construction, automotive, aerospace, and food production. Each industry may have its own unique requirements and expectations for procurement professionals.

  • Is it possible to work remotely as a Factory Equipment Procurement Officer?
    While many procurement tasks can be performed remotely, especially those involving supplier communication and contract negotiation, certain aspects of the role—such as equipment inspections—may require on-site presence. The extent of remote work varies by company and industry.

  • What role does certification play in the career of a Factory Equipment Procurement Officer?
    Obtaining certifications such as the Certified Professional Supply Manager (CPSM) or the Certified Purchasing Professional (CPP) can demonstrate your expertise and commitment to the field. It may enhance your qualifications and improve your chances for higher salaries and promotional opportunities.