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Procurement Associate Jobs in Tennessee (NOW HIRING)

Stifel

Market Data Procurement Associate

Memphis, TN · On-site

$16.75 - $21.50/hr

... Market Data Procurement Analyst to enhance the support capabilities of the department. • ... associates, among hundreds more. Let's talk about how you can find your place here at Stifel, where ...

Posted today

Timken

Procurement & Materials Planner

Mascot, TN

$26.50 - $36/hr

Our associates make the world more productive by improving the efficiency and reliability of the machinery that keeps industry in motion. Job Title: Procurement & Materials Planning Analyst Role ...

The Timken Company

Procurement & Materials Planner

Mascot, TN · On-site

$26.50 - $36/hr

Our associates make the world more productive by improving the efficiency and reliability of the machinery that keeps industry in motion. Job Title: Procurement & Materials Planning Analyst Role ...

Lovejoy Curtis LLC

Procurement & Materials Planner

Mascot, TN · On-site

$26.50 - $36/hr

Our associates make the world more productive by improving the efficiency and reliability of the machinery that keeps industry in motion. Job Title: Procurement & Materials Planning Analyst Role ...

The Timken Company

Procurement & Materials Planner

Mascot, TN · On-site

$26.50 - $36/hr

Our associates make the world more productive by improving the efficiency and reliability of the machinery that keeps industry in motion. Job Title: Procurement & Materials Planning Analyst Role ...

Timken

Procurement & Materials Planner

Mascot, TN · On-site

$24.75 - $33.75/hr

Our associates make the world more productive by improving the efficiency and reliability of the machinery that keeps industry in motion. Job Title: Procurement & Materials Planning Analyst Role ...

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Procurement Associate information

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How much do procurement associate jobs pay per hour?

As of Aug 12, 2026, the average hourly pay for procurement associate in Tennessee is $23.66, according to ZipRecruiter salary data. Most workers in this role earn between $17.21 and $27.69 per hour, depending on experience, location, and employer.

Is procurement a stressful job?

Procurement associates often work in fast-paced environments where meeting deadlines and managing supplier relationships can be stressful. The role requires strong organizational skills and attention to detail to handle negotiations, contracts, and supply chain issues effectively.

What is the difference between Procurement Associate vs Purchasing Coordinator?

AspectProcurement AssociatePurchasing Coordinator
CredentialsTypically requires a bachelor's degree in supply chain, business, or related fieldUsually requires a similar degree or relevant experience
Work EnvironmentWorks within procurement departments, handling supplier relations and procurement processesWorks in purchasing departments, focusing on order processing and vendor communication
Employer & Industry UsageCommon in manufacturing, retail, and logistics companiesOften found in corporate procurement and retail sectors
Search & Comparison IntentPeople compare to understand roles in procurement and purchasingOften compared to procurement roles for clarity on responsibilities

The main difference between a Procurement Associate and a Purchasing Coordinator lies in their scope of responsibilities. Procurement Associates are involved in broader procurement activities, including supplier management and sourcing strategies, while Purchasing Coordinators focus more on order processing and vendor communication. Both roles require similar educational backgrounds and are integral to supply chain operations in various industries.

What are some common challenges procurement associates face when managing supplier relationships?

Procurement Associates often encounter challenges such as negotiating favorable terms while maintaining strong supplier relationships and ensuring timely delivery of goods or services. Balancing cost efficiency with quality standards can be demanding, especially when dealing with multiple vendors or tight deadlines. Effective communication, organization, and problem-solving skills are essential to address issues like late shipments, price fluctuations, or contract disputes, all while supporting the organization's procurement goals.

What are the key skills and qualifications needed to thrive as a procurement associate?

A Procurement Associate typically needs a bachelor's degree in business, supply chain management, or a related field, along with strong analytical and negotiation skills. Familiarity with procurement software like SAP Ariba or Oracle, and knowledge of contract management systems, are commonly required. Attention to detail, effective communication, and time management are crucial soft skills for building supplier relationships and managing multiple priorities. These abilities ensure efficient sourcing, cost savings, and smooth operations within an organization's supply chain.

What does a procurement associate do?

A Procurement Associate is responsible for supporting the purchasing process within an organization. Their duties include sourcing suppliers, obtaining quotes, processing purchase orders, and ensuring timely delivery of goods and services. They also collaborate with various departments to understand their procurement needs and maintain accurate records of transactions. Additionally, Procurement Associates help negotiate contracts and monitor supplier performance to ensure the best value for the company.

What are entry level roles in procurement associate?

Entry-level roles for procurement associates typically include positions such as procurement assistant, purchasing coordinator, or junior buyer. These roles involve supporting procurement processes, managing supplier relationships, and using tools like procurement software, often requiring basic knowledge of supply chain management and good organizational skills.
What are the most commonly searched types of Procurement jobs in Tennessee? The most popular types of Procurement jobs in Tennessee are:
What are popular job titles related to Procurement Associate jobs in Tennessee? For Procurement Associate jobs in Tennessee, the most frequently searched job titles are:
What job categories do people searching Procurement Associate jobs in Tennessee look for? The top searched job categories for Procurement Associate jobs in Tennessee are:
What cities in Tennessee are hiring for Procurement Associate jobs? Cities in Tennessee with the most Procurement Associate job openings:
Procurement Associate jobs near you
Infographic showing various Procurement Associate job openings in Tennessee as of August 2026, with employment types broken down into 1% As Needed, 70% Full Time, 26% Part Time, 1% Temporary, and 2% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $49,211 per year, or $23.7 per hour.

Market Data Procurement Associate

Stifel

Memphis, TN • On-site

$16.75 - $21.50/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 17 hours ago

Posted today

Stifel rating

8.3

Company rating: 8.3 out of 10

Based on 22 frontline employees who took The Breakroom Quiz

Job description

The Market Data Services Specialist processes incoming invoices for vendor services, generates allocations for submission to accounting, monitors expected invoicing for any missing/delayed items, generates reports on an ad-hoc as well as scheduled reporting basis to critical business unit heads for service determinations, generates reporting for MISU credit program to the 3 applicable exchanges and monitors invoicing for proper credits due, monitor, track and update pricing/structural changes from vendors that change invoice reconciliation and allocation calculations.


• Process incoming invoices for vendor services for approval and submission to Accounts Payable.
• Prepare allocations for submission to Corporate Accounting.
• Monitor expected invoicing reports in MDM system to identify any issues of missing/delayed invoicing from vendors.
• Generate spend reporting for business unit management on a scheduled basis as well as ad-hoc report requests.
• Generate monthly reporting for the MISU credit program offered by NYSE/AMEX and OPRA and monitors subsequent invoicing to track credits due.
• Monitor, track and update pricing and structural changes to services from vendors to maintain MDM system.
• Cross train with the Market Data Procurement Analyst to enhance the support capabilities of the department.
• Additional Market Data Procurement duties, including, orders for new service or changes to service and maintenance of the user and vendor information within the MDM system, as needed to support the operations of the department.


• Solid analytical, mathematical and problem solving skills.
• Ability to determine how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
• Ability to use logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.


• Minimum Required: Bachelor's degree in Business/Accounting or equivalent experience and college coursework
• Minimum Required: 1-3 years' in related field


• Proficient in Microsoft Excel, Word, PowerPoint, Outlook
• Familiarity with market data management systems. #LI-JK1


Stifel is more than 130 years old and still thinking like a start-up.  We are a global wealth management and investment banking firm serious about innovation and fresh ideas.  Built on a simple premise of safeguarding our clients’ money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success.

While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations.  Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more.  Let’s talk about how you can find your place here at Stifel, where success meets success.

At Stifel we offer an entrepreneurial environment, comprehensive benefits package to include health, dental and vision care, 401k, wellness initiatives, life insurance, and paid time off.

Stifel is an Equal Opportunity Employer.

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