Home > Salary > Sri Lanka > 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: 2,306,462 LKR
Estimated Monthly Salary: 192,205 LKR
Estimated Weekly Salary: 44,355 LKR per week
Estimated Hourly Salary: 1,109 LKR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 185,674 LKR
Estimated Weekly Salary: 42,848 LKR per week
Estimated Hourly Salary: 1,071 LKR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 6,653 USD
Estimated Monthly Salary: 554 USD
Estimated Weekly Salary: 128 USD per week
Estimated Hourly Salary: 3 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: 2,306,462 LKR
Estimated Monthly Salary: 192,205 LKR
Estimated Weekly Salary: 44,355 LKR per week
Estimated Hourly Salary: 1,109 LKR per hour
By working as Procurement Specialist a person can save up to 330 USD per month or 3,960 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 Sri Lanka, see costs of living in Sri Lanka.
Estimated Yearly Salary for Procurement Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Procurement Specialist salary in Sri Lanka
Average Yearly Salary of Procurement Specialist in Sri Lanka is approximately 2,306,462 LKR (6,653 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: 2,306,462 LKR
Estimated Monthly Salary: 192,205 LKR
Estimated Weekly Salary: 44,355 LKR per week
Estimated Hourly Salary: 1,109 LKR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,228,087 LKREstimated Monthly Salary: 185,674 LKR
Estimated Weekly Salary: 42,848 LKR per week
Estimated Hourly Salary: 1,071 LKR 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: 6,653 USD
Estimated Monthly Salary: 554 USD
Estimated Weekly Salary: 128 USD per week
Estimated Hourly Salary: 3 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
Sri Lanka, officially known as the Democratic Socialist Republic of Sri Lanka, is an island country located in South Asia. It has a population of approximately 21 million people and covers an area of around 65,610 square kilometers. The country is known for its diverse landscapes, including sandy beaches, lush forests, and scenic mountains.
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Procurement Specialist job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Procurement Specialist in Sri Lanka earns on average:
1.29 times the average salary (or 129% of average salary).
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Procurement Specialist job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Procurement Specialist in Sri Lanka earns on average:
1.29 times the average salary (or 129% 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 2,537,108 LKR and 3,344,370 LKR. However this is an estimation based on Gaussian Distribution.How much can you save working as Procurement Specialist in Sri Lanka?
Living in Sri Lanka the approximate monthly expenses are: 224 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: 2,306,462 LKR
Estimated Monthly Salary: 192,205 LKR
Estimated Weekly Salary: 44,355 LKR per week
Estimated Hourly Salary: 1,109 LKR per hour
By working as Procurement Specialist a person can save up to 330 USD per month or 3,960 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 Sri Lanka, see costs of living in Sri Lanka.
Salary comparison to region and neighbouring coutries
Country's neighbours are: India, Maldives. 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
India is 26,545 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 Sri Lanka
(20,273,886 LKR per year, pre-tax.)
2. Cardiologist
(16,965,724 LKR per year, pre-tax.)
(16,365,126 LKR per year, pre-tax.)
4. Neurosurgeon
(15,798,117 LKR per year, pre-tax.)
(15,785,379 LKR per year, pre-tax.)
6. Urologist
(15,470,862 LKR per year, pre-tax.)
(15,460,527 LKR per year, pre-tax.)
(15,421,430 LKR per year, pre-tax.)
(15,391,640 LKR per year, pre-tax.)
10. Oncologist
(15,389,631 LKR per year, pre-tax.)
Data as of 2025Random salary:
Informaticist (2,492,137 LKR per year, pre-tax.)
Woodworking machine operator (867,637 LKR per year, pre-tax.)
Audiology aide (1,357,926 LKR per year, pre-tax.)
Director consumer insights (5,028,724 LKR per year, pre-tax.)
Magazine publisher (3,043,194 LKR per year, pre-tax.)
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