As Head of Procurement, you are responsible for the strategic planning and management of a company's purchasing process. This includes the selection and evaluation of suppliers, the negotiation of contracts and the development of purchasing strategies to minimize costs and maximize the quality of the goods and services purchased. The Head of Procurement also plays a key role in working with other departments to ensure that procurement policies are aligned with the company's objectives.
The salary for a Head of Procurement in Germany varies depending on the company and location. According to Stepstone, the average salary in Cologne is €85,500 per year. Glassdoor indicates that the total compensation range at Novartis is between €115,000 and €166,000 per year. The median annual salary for a Head of Procurement in Germany is €132,000.
For specific positions within procurement, there are different salaries. A Purchasing Manager earns a median of €58,820 per year, whereas a Procurement Manager earns a median of €61,791 per year. Salaries also vary depending on the size of the company. A Procurement Manager in a company with more than 20,000 employees earns a median of €75,256 per year, while a Procurement Manager in a company with 101–1,000 employees earns a median of €59,946 per year.
Overall, these figures show that the salary for a Head of Procurement in Germany varies from company to company and depending on the specific position and company size.
To work as a Head of Procurement, you generally need a degree in business administration, logistics, supply chain management or a related field. In addition, several years of professional experience in purchasing or procurement as well as sound knowledge of contract law and supplier management are an advantage.
The career path as Head of Procurement offers numerous career opportunities. With appropriate experience and proven success in procurement, specialists can develop into higher management positions such as Chief Procurement Officer (CPO) or even towards the executive board. There is also the opportunity to move into different sectors or focus on specialized areas of procurement.
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