Procurement Coordinator Salary In Montana 2024
Learn everything you need to know about becoming a Procurement Coordinator, including salary, schools, and programs.
Procurement Coordinator Salary in Montana
Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.
Annual and Hourly Procurement Coordinator Montana Salary Table:
Percentile | Annual Salary | Hourly Wage |
---|---|---|
10th | $37,260 | $17.91 |
25th | $45,380 | $21.82 |
Median | $54,460 | $26.19 |
75th | $69,570 | $33.45 |
90th | $89,590 | $43.07 |
Best Schools to become a Procurement Coordinator in Montana 2024
Montana State University
Montana State University Billings
The University of Montana
The University of Montana-Western
Montana State University-Northern
University of Providence
Browse Procurement Coordinator Salaries by the Top Cities in Montana
Procurement Coordinator Salary in Montana FAQs
What qualifications are typically required for an Industrial Purchasing Manager position in Montana?
Most Industrial Purchasing Managers hold a bachelor's degree in supply chain management, business administration, or a related field. Additionally, many employers prefer candidates with previous experience in purchasing or procurement, often requiring 3-5 years in related positions. Professional certifications, such as Certified Purchasing Manager (CPM) or Certified Supply Chain Professional (CSCP), can enhance your qualifications.How does experience affect salary for an Industrial Purchasing Manager in Montana?
Experience significantly impacts your earning potential. Generally, entry-level Industrial Purchasing Managers earn less than those with several years of experience. As you progress in your career and take on more responsibilities—such as managing larger teams or overseeing more complex procurement activities—your salary is likely to increase.What industries commonly employ Industrial Purchasing Managers in Montana?
Industrial Purchasing Managers find opportunities in various sectors, including manufacturing, construction, agriculture, and healthcare. Each of these industries may have distinct procurement needs and practices, which can influence your specific role and responsibilities.Are there opportunities for advancement in the field of industrial procurement?
Yes, there are ample opportunities for advancement. With experience and proven success, you can move into higher management roles, such as Director of Purchasing or Chief Procurement Officer. Continuing education and obtaining relevant certifications can also facilitate career growth.What is the importance of negotiation skills for an Industrial Purchasing Manager?
Strong negotiation skills are essential for an Industrial Purchasing Manager. They enable you to secure favorable terms on contracts, build relationships with suppliers, and manage costs effectively. Successful negotiations can lead to significant savings and improved supply chain efficiency.How does location within Montana affect salary for this role?
Salaries can vary based on location due to differences in the cost of living, demand for the position, and the prevalence of certain industries. Urban areas or regions with a higher concentration of manufacturing or distribution facilities may offer higher compensation than more rural areas.What role does technology play in the procurement process for Industrial Purchasing Managers?
Technology plays a crucial role in modern procurement processes. Industrial Purchasing Managers often use procurement software to streamline purchasing activities, manage supplier relationships, and analyze spending data. Familiarity with e-procurement systems can enhance your efficiency and decision-making.What soft skills are beneficial for an Industrial Purchasing Manager?
In addition to technical skills, soft skills are vital for success in this role. Strong communication, analytical thinking, and problem-solving skills are important, as is the ability to collaborate effectively with cross-functional teams. Adaptability and negotiation skills also contribute to effective procurement management.What are the typical benefits associated with an Industrial Purchasing Manager position?
Besides salary, many employers offer benefits such as health insurance, retirement plans, and paid time off. Some companies may also provide additional perks such as bonuses based on performance, professional development opportunities, or flexible work arrangements.