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A Chief Procurement Officer (CPO) is a senior executive responsible for overseeing an organization's procurement processes. Their primary role is to develop and implement strategies to optimize the procurement function, ensuring the acquisition of goods and services at the best possible value and quality. The CPO collaborates with various stakeholders to establish procurement policies, identify cost-saving opportunities, and manage supplier relationships. They lead a team of procurement professionals, providing guidance and support in negotiating contracts, evaluating vendors, and monitoring procurement performance. Additionally, CPOs stay updated on market trends, technological advancements, and regulatory changes to make informed decisions and drive continuous improvement in the procurement process.
Estimated Yearly Salary: 140,117 KWD
Estimated Monthly Salary: 11,676 KWD
Estimated Weekly Salary: 2,695 KWD per week
Estimated Hourly Salary: 67 KWD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 11,263 KWD
Estimated Weekly Salary: 2,599 KWD per week
Estimated Hourly Salary: 65 KWD per hour
Last revision of data: 2024-02-07
Estimated Yearly Salary: 46,843 USD
Estimated Monthly Salary: 3,904 USD
Estimated Weekly Salary: 901 USD per week
Estimated Hourly Salary: 23 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 140,117 KWD
Estimated Monthly Salary: 11,676 KWD
Estimated Weekly Salary: 2,695 KWD per week
Estimated Hourly Salary: 67 KWD per hour
By working as Chief Procurement Officer a person can save up to 2,304 USD per month or 27,643 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 Kuwait, see costs of living in Kuwait.
Estimated Yearly Salary for Chief Procurement Officer
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Industrial organizational psychologist (74,620 KWD per year, pre-tax.)
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Chief Procurement Officer salary in Kuwait
Average Yearly Salary of Chief Procurement Officer in Kuwait is approximately 140,117 KWD (46,843 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 Chief Procurement Officer do?
A Chief Procurement Officer (CPO) is a senior executive responsible for overseeing an organization's procurement processes. Their primary role is to develop and implement strategies to optimize the procurement function, ensuring the acquisition of goods and services at the best possible value and quality. The CPO collaborates with various stakeholders to establish procurement policies, identify cost-saving opportunities, and manage supplier relationships. They lead a team of procurement professionals, providing guidance and support in negotiating contracts, evaluating vendors, and monitoring procurement performance. Additionally, CPOs stay updated on market trends, technological advancements, and regulatory changes to make informed decisions and drive continuous improvement in the procurement process.
Skills: Chief Procurement Officer, CPO, Procurement Strategy, Supplier Management, Cost Optimization, Contract Negotiation, Procurement Performance
Job industry: Supply chain management
Job industry: Supply chain management
How much does Chief Procurement Officer make?
Salary details
How much does Chief Procurement Officer make?Estimated Yearly Salary: 140,117 KWD
Estimated Monthly Salary: 11,676 KWD
Estimated Weekly Salary: 2,695 KWD per week
Estimated Hourly Salary: 67 KWD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 135,160 KWDEstimated Monthly Salary: 11,263 KWD
Estimated Weekly Salary: 2,599 KWD per week
Estimated Hourly Salary: 65 KWD per hour
Last revision of data: 2024-02-07Chief Procurement Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 46,843 USD
Estimated Monthly Salary: 3,904 USD
Estimated Weekly Salary: 901 USD per week
Estimated Hourly Salary: 23 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Kuwait is a small country located in the Middle East. It has a population of approximately 4 million people and covers an area of around 17,818 square kilometers. The country is bordered by Saudi Arabia to the south and Iraq to the north.
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Chief Procurement Officer job salary compared to average salary in Kuwait.
Comparison shows that a person working as Chief Procurement Officer in Kuwait earns on average:
11.39 times the average salary (or 1139% of average salary).
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Chief Procurement Officer job salary compared to average salary in Kuwait.
Comparison shows that a person working as Chief Procurement Officer in Kuwait earns on average:
11.39 times the average salary (or 1139% of average salary).
Is Chief Procurement Officer a well paid job?
Yes, our data shows that Chief Procurement Officer is an extremely well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Chief Procurement Officer?
High salary for Chief Procurement Officer would be somewhere between 154,129 KWD and 203,170 KWD. However this is an estimation based on Gaussian Distribution.How much can you save working as Chief Procurement Officer in Kuwait?
Living in Kuwait the approximate monthly expenses are: 1,600 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: 140,117 KWD
Estimated Monthly Salary: 11,676 KWD
Estimated Weekly Salary: 2,695 KWD per week
Estimated Hourly Salary: 67 KWD per hour
By working as Chief Procurement Officer a person can save up to 2,304 USD per month or 27,643 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 Kuwait, see costs of living in Kuwait.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Saudi Arabia, Iraq. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Chief Procurement Officer
Saudi Arabia is 96,546 USD
Iraq is 21,045 USD
Last revision of data: 2025-01-04Salary 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
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Kuwait
(419,012 KWD per year, pre-tax.)
2. Cardiologist
(348,639 KWD per year, pre-tax.)
(336,866 KWD per year, pre-tax.)
4. Neurosurgeon
(324,311 KWD per year, pre-tax.)
(324,112 KWD per year, pre-tax.)
(317,580 KWD per year, pre-tax.)
(317,445 KWD per year, pre-tax.)
(317,318 KWD per year, pre-tax.)
9. Urologist
(317,161 KWD per year, pre-tax.)
10. Plastic surgeon
(316,850 KWD per year, pre-tax.)
Data as of 2025Random salary:
Industrial organizational psychologist (74,620 KWD per year, pre-tax.)
Blockchain developer (76,804 KWD per year, pre-tax.)
Senior mobile engineer (95,667 KWD per year, pre-tax.)
Animal trainer for film and television (39,808 KWD per year, pre-tax.)
Economics teacher postsecondary (38,584 KWD per year, pre-tax.)
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