Home > Salary > Malaysia > Procurement Specialist
A procurement specialist is responsible for managing the procurement process within an organization. They work closely with suppliers and vendors to ensure the timely and cost-effective acquisition of goods and services. Their main duties include identifying procurement needs, sourcing potential suppliers, negotiating contracts and prices, and monitoring supplier performance. They also analyze market trends and maintain knowledge of industry best practices to optimize procurement strategies. Additionally, procurement specialists collaborate with internal stakeholders to understand their requirements and provide guidance on procurement policies and procedures.
Estimated Yearly Salary: 105,313 MYR
Estimated Monthly Salary: 8,776 MYR
Estimated Weekly Salary: 2,025 MYR per week
Estimated Hourly Salary: 51 MYR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 8,479 MYR
Estimated Weekly Salary: 1,957 MYR per week
Estimated Hourly Salary: 49 MYR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 21,139 USD
Estimated Monthly Salary: 1,762 USD
Estimated Weekly Salary: 407 USD per week
Estimated Hourly Salary: 10 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: 105,313 MYR
Estimated Monthly Salary: 8,776 MYR
Estimated Weekly Salary: 2,025 MYR per week
Estimated Hourly Salary: 51 MYR per hour
By working as Procurement Specialist a person can save up to 1,050 USD per month or 12,605 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 Malaysia, see costs of living in Malaysia.
Estimated Yearly Salary for Procurement Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Director of homecare (134,457 MYR per year, pre-tax.)
Distribution manager (118,220 MYR per year, pre-tax.)
Technical manager (163,816 MYR per year, pre-tax.)
Team supervisor call center (90,120 MYR per year, pre-tax.)
Director of communications and digital strategy (156,010 MYR per year, pre-tax.)
Procurement Specialist salary in Malaysia
Average Yearly Salary of Procurement Specialist in Malaysia is approximately 105,313 MYR (21,139 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 Specialist do?
A procurement specialist is responsible for managing the procurement process within an organization. They work closely with suppliers and vendors to ensure the timely and cost-effective acquisition of goods and services. Their main duties include identifying procurement needs, sourcing potential suppliers, negotiating contracts and prices, and monitoring supplier performance. They also analyze market trends and maintain knowledge of industry best practices to optimize procurement strategies. Additionally, procurement specialists collaborate with internal stakeholders to understand their requirements and provide guidance on procurement policies and procedures.
Skills: procurement, supply chain management, vendor management, negotiation, purchasing, contract management
Job industry: Supply chain management
Job industry: Supply chain management
How much does Procurement Specialist make?
Salary details
How much does Procurement Specialist make?Estimated Yearly Salary: 105,313 MYR
Estimated Monthly Salary: 8,776 MYR
Estimated Weekly Salary: 2,025 MYR per week
Estimated Hourly Salary: 51 MYR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 101,745 MYREstimated Monthly Salary: 8,479 MYR
Estimated Weekly Salary: 1,957 MYR per week
Estimated Hourly Salary: 49 MYR per hour
Last revision of data: 2024-01-08Procurement Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 21,139 USD
Estimated Monthly Salary: 1,762 USD
Estimated Weekly Salary: 407 USD per week
Estimated Hourly Salary: 10 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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Salary comparison to National average
Malaysia is a Southeast Asian country located on the Malay Peninsula and the island of Borneo. It has a diverse population consisting of various ethnic groups, including Malays, Chinese, Indians, and indigenous tribes. Malaysia has an estimated population of around 32 million people. The country covers an area of approximately 330,803 square kilometers, making it the 66th largest country in the world.
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Procurement Specialist job salary compared to average salary in Malaysia.
Comparison shows that a person working as Procurement Specialist in Malaysia earns on average:
1.35 times the average salary (or 135% of average salary).
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Procurement Specialist job salary compared to average salary in Malaysia.
Comparison shows that a person working as Procurement Specialist in Malaysia earns on average:
1.35 times the average salary (or 135% of average salary).
Is Procurement Specialist a well paid job?
Yes, our data shows that Procurement Specialist 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 Specialist?
High salary for Procurement Specialist would be somewhere between 115,844 MYR and 152,704 MYR. However this is an estimation based on Gaussian Distribution.How much can you save working as Procurement Specialist in Malaysia?
Living in Malaysia the approximate monthly expenses are: 711 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: 105,313 MYR
Estimated Monthly Salary: 8,776 MYR
Estimated Weekly Salary: 2,025 MYR per week
Estimated Hourly Salary: 51 MYR per hour
By working as Procurement Specialist a person can save up to 1,050 USD per month or 12,605 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 Malaysia, see costs of living in Malaysia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Thailand, Indonesia, Singapore, Brunei, Vietnam, Philippines. 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 Specialist
Thailand is 8,549 USD
Indonesia is 12,542 USD
Singapore is 79,809 USD
Brunei is 37,076 USD
Vietnam is 4,753 USD
Philippines is 4,675 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 Malaysia
(927,752 MYR per year, pre-tax.)
2. Cardiologist
(770,656 MYR per year, pre-tax.)
(748,723 MYR per year, pre-tax.)
(724,417 MYR per year, pre-tax.)
5. Neurosurgeon
(722,312 MYR per year, pre-tax.)
6. Urologist
(706,560 MYR per year, pre-tax.)
(706,212 MYR per year, pre-tax.)
(704,735 MYR per year, pre-tax.)
(704,523 MYR per year, pre-tax.)
10. Dermatologist
(703,305 MYR per year, pre-tax.)
Data as of 2025Random salary:
Director of homecare (134,457 MYR per year, pre-tax.)
Distribution manager (118,220 MYR per year, pre-tax.)
Technical manager (163,816 MYR per year, pre-tax.)
Team supervisor call center (90,120 MYR per year, pre-tax.)
Director of communications and digital strategy (156,010 MYR per year, pre-tax.)
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