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Procurement Lead salary in Colombia

Average Yearly Salary of Procurement Lead in Colombia is approximately 41,996,910 COP (9,312 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Procurement Lead do?

occupation personasA procurement lead is responsible for overseeing the procurement process within an organization. Their main role is to ensure that the company obtains goods and services at the best possible price, while also maintaining high quality standards. They are in charge of developing and implementing procurement strategies, identifying potential suppliers, negotiating contracts, and managing supplier relationships. Additionally, procurement leads are responsible for monitoring inventory levels, analyzing market trends, and making recommendations for process improvements.

Skills: procurement, supply chain management, vendor management, contract negotiation, strategic sourcing, inventory control
Job industry: Supply chain management


How much does Procurement Lead make?

Salary details
How much does Procurement Lead make?
Estimated Yearly Salary: 41,996,910 COP
Estimated Monthly Salary: 3,499,743 COP
Estimated Weekly Salary: 807,633 COP per week
Estimated Hourly Salary: 20,191 COP per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 40,671,156 COP
Estimated Monthly Salary: 3,389,263 COP
Estimated Weekly Salary: 782,138 COP per week
Estimated Hourly Salary: 19,553 COP per hour
Last revision of data: 2024-01-03



Procurement Lead estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 9,312 USD
Estimated Monthly Salary: 776 USD
Estimated Weekly Salary: 179 USD per week
Estimated Hourly Salary: 4 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 3 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Colombia is a country located in South America. It has a population of approximately 50 million people and covers an area of about 1.1 million square kilometers. The country is known for its diverse landscapes, including the Andes Mountains, Amazon rainforest, and Caribbean coastline.

Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Procurement Lead job salary compared to average salary in Colombia.
Comparison shows that a person working as Procurement Lead in Colombia earns on average:
1.56 times the average salary (or 156% of average salary).

Is Procurement Lead a well paid job?

Yes, our data shows that Procurement Lead is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Procurement Lead?

High salary for Procurement Lead would be somewhere between 46,196,601 COP and 60,895,520 COP. However this is an estimation based on Gaussian Distribution.

How much can you save working as Procurement Lead in Colombia?

Living in Colombia the approximate monthly expenses are: 260 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 41,996,910 COP
Estimated Monthly Salary: 3,499,743 COP
Estimated Weekly Salary: 807,633 COP per week
Estimated Hourly Salary: 20,191 COP per hour
By working as Procurement Lead a person can save up to 516 USD per month or 6,187 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Colombia, see costs of living in Colombia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Ecuador, Peru, Brazil, Venezuela, Panama.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Procurement Lead

Ecuador is 9,006 USDdown arrow 3%
Details on Procurement Lead salary in Ecuador
Brazil is 11,691 USDup arrow 26%
Details on Procurement Lead salary in Brazil
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Colombia

(306,660,307 COP per year, pre-tax.)
(254,459,006 COP per year, pre-tax.)
(247,209,986 COP per year, pre-tax.)
(238,795,833 COP per year, pre-tax.)
(238,525,529 COP per year, pre-tax.)
(233,656,491 COP per year, pre-tax.)
(233,604,285 COP per year, pre-tax.)
(233,538,023 COP per year, pre-tax.)
(232,715,450 COP per year, pre-tax.)
(232,262,612 COP per year, pre-tax.)

Data as of 2025

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