Procurement Spend Analyst

Also called: Spend Analyst

Studies everything a company buys to find where it overpays.

A day in the life

You sort a year of purchases and find 12 departments buying the same printer paper from different suppliers at different prices, then recommend one contract.

Pay over a career

Starting
$55k
Typical
$75k
High
$105k

Approximate: anchored on Bureau of Labor Statistics data for a broader job group.

Training

Bachelor's degree (4-year), about 4 years after high school. Bachelor's in business, finance or supply chain.

Ways in: 4-year college. Training cost: $15k – $60k.

Majors to look at: Supply Chain Management, Finance.

Outlook

Shrinking (about -1% over 10 years). Tracks purchasing agents.

Will it last? Our AI estimate

High risk for 10 years. AI spend tools now classify purchases and flag overpaying automatically, which is most of this job.

Start now, in high school

Classes: Spreadsheets or computer applications, AP Statistics, Accounting.

Official data: O*NET occupation 13-1023.

More Supply Chain, Logistics & Purchasing careers

Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.