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Purchase Manager Salary: Experience Wise, City Wise, Average Salary, Company Wise 2023

OverviewPurchasing Manager Salary▾
SyllabusPGPM Admissions 2023JobsQ&ACutoffPGPM Colleges

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.

Read More:

BBA Supply Chain Management MBA Supply Chain Management

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

Table of Contents

  1. What Does a Purchase Manager Do
  2. Purchase Manager Salary: City Wise
  3. Purchase Manager Salary: Company Wise
  4. Purchase Manager Salary: Experience Wise
  5. Purchase Manager Salary: Gender Wise
  6. Purchase Manager Salary: FAQs

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.

Read More:

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.

Ask your question

Answered Questions

AN

What are the chances of selection of my brother in IIM Kozhikode (MBA)with this profile (10-7.2 CGPA, 12-62%, B.Com 55 %, work experience of 2 years, CAT percentile 99.35, OBC NC)?

AR

Astha Roy

23 Feb 22

Your brother has a fairly good chance of section as his CAT percentage is well-above the required cutoff. For 2021, IIM Kozhikode cutoff was 85 (for general category students). But the selection depends a lot on the interview performance too. So, ask your brother to prepare thoroughly for the interview round. 

You can go through the section criteria and the admission procedure of the institute to clear any doubts you may have. 

A

How is NMIMS Mumbai for an MBA?

AS

Anika Sinha

31 May 22

NMIMS Mumbai is a good option for MBA. It ranks right after the old and top IIM. NMIMS Mumbai placements are excellent. Many national and multinational companies take part in campus recruitment. During placements 2022, students received an average CTC of INR 19.40 LPA.

The academics offered at NMIMS can be compared to premium management institutes. NMIMS employs a case-study-based teaching methodology. It has a tie-up with Harvard Business Review. 

One of the drawbacks of the institute is the huge batch size. NMIMS student intake is over 500. Due to the large batch size, the competition during placement becomes extremely high. 

M

What is life like after an MBA from NITIE Mumbai?

AC

Anumita Chowdhury

25 May 22

Professional life after an MBA from NITIE Mumbai can be promising and rewarding. NITIE continues to be one of the top management institute in the country. Many alumni of the institute are working as CEOs at reputed companies.NITIE Mumbai placements 2022 ended with an average CTC of INR 25.41 LPA. 

SS

Is the MBA program at Symbiosis Pune any good?

AB

Anumita Banerjee

31 May 22

Symbiosis Pune MBA is comparable to IIM Lucknow, Indore, Kozhikode, Narsee Monjee, and MDI. It is better than most of the tier 3 IIM. SIBM Pune MBA placements are pretty good, especially for HR and Marketing. 

SIBM Pune placements 2022 ended with an average CTC of INR 23.06 LPA. The major recruiting sector was Consulting, FMCD or FMCG. 

SP

Is NMIMS a good college for an MBA?

AM

Ashmita Mukharjee

25 May 22

Yes, NMIMS, Mumbai is an excellent option for an MBA. Due to the locational advantage, it offers good placements and exposure. Huge list of companies visit the campus placement each year. NMIMS Mumbai placements highlights for 2022, show an average CTC of INR 19 LPA.

NMIMS Mumbai focuses a lot on academics outside of traditional classroom teaching. Their approach to academics is unique. You will learn through Bloomberg labs, the WeCare internship program, an unparalleled repository of e-journals and market data. 

The only drawback for the institute is its huge batch size. This results in a dip in placements. 

SL

Why should one do MBA from PUMBA?

SG

Sinchita Guha

23 May 22

PUMBA is undoubtedly the best B-School in Pune. It offers the best ROI, after FMS, JB, and SIMSREE. PUMBA MBA fees are INR 1.29 Lakhs only. While the average CTC for the institute is only INR 6.47 LPA. 

PUMBA follows an effective trimester course pattern and major and minor specializations. The campus has good infrastructure with a well-equipped library, gymnasium and medical facilities. 

SN

How much valuable is MBA from IIT Madras?

TB

Tushar Banerjee

30 May 22

DoMS IIT Madras is counted among the top management institutes in India. It has a great placement record. Companies like Google, Avalon consulting, Amazon, RBS, CTS, etc. visit the campus drive regularly. IIT Madras MBA placements 2022 concluded with an average CTC of INR 16.66 LPA. 

DoMS IITM strives for excellence. The faculty base is brilliant. You can get help from TAs and faculty members regarding any problem you face. Being on the lush green IITM campus is a treat. There are many engaging extra-curricular activities that you can take part in. 

SN

How good is the PGPX IIMU-Purdue supply chain management dual degree from IIM Udaipur?

SB

Sakshi Banerjee

14 Mar 22

The PGPX IIMU-Purdue Supply Chain Management duel degree program is a unique program. 

  • The coursework is rigorous. Over the first 5 months, students learn fundamental subjects of Supply Chain Management along with basic subjects of management such as Finance, Accounting, Management, Statistics, etc. 
  • IIM Udaipur offers quality education, which is reflected in the faculty pool and the academic rigor. 
  • Faculty members make sure that students are getting the right projects for their corporate internships. 
  • Students of this program get to spend a 5-month long semester at Purdue University’s Krannert School of Management. Other than the compulsory core subjects, there is a wide variety of electives on offer as well. 
  • The placement scenario for this PGPX program is excellent. The 2021 batch got an average CTC of INR 19.27 LPA. 

This program will offer you a learning experience that is beyond academics and textbooks. You will get to build networks with students and faculty members from around the globe. 

KC

What is the fee structure for MBA in BITS Pilani?

AG

Anuj Gupta

30 May 22

BITS Pilani MBA fees for this academic year is INR 11.10 Lakhs. Here is the year-wise fee structure for the MBA program. 

First Year Fees  INR 5,61,575 (it includes admission fee of INR 48,100)
Second Year Fees INR 5,48,435 (this amount includes practice school fees)
Total Fees INR 11,10,010

The course fee is likely to increase upwards for the next academic year. The increase in fees won’t be more than 10% compared to the previous year's fees.

KC

Which college is better for MBA among UBS, BITS, BIMTECH and NIT Trichy?

AM

Abanti Mukharjee

26 May 22

For an MBA degree, BIMTECH will be the best option among these. It has a clear focus on management education and also has the backing of Birla group. BIMTECH placements are pretty good for MBA. According to the recent placement drive, around 95.28% of students got placement offers and the average CTC received by the students was INR 8.07 LPA. 

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