Ferromatik Milacron Purchase Engineer Salaries by 20+ Employees

1 - 8 years exp.

₹5.3 Lakhs - ₹9 Lakhs

Salary of majority employees

60% more than the average Purchase Engineer Salary in Industrial Machinery Companies for 1 - 8 years of experience

Interested in this particular role?

Salaries in different departments

Procurement & Supply Chain Purchase Engineer Salary 1 - 8 years exp. (18 salaries)	₹5.3 L/yr - ₹9 L/yr
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Project & Program Management Purchase Engineer Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.5 L/yr

Last Updated: 16 Mar 2023

Companies similar to Ferromatik Milacron for Purchase Engineer

Company name	Avg Annual Salary	Open Jobs
Crane Process Flow Technologies India Purchase Engineer Salary 2 - 6 years exp. (8 salaries)	₹5.5 L/yr - ₹7 L/yr 8% less
Danblock Brakes Purchase Engineer Salary 1 - 3 years exp. (7 salaries)	₹2.8 L/yr - ₹3.8 L/yr 46% less
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HMT Machine Tools Purchase Engineer Salary 0 - 5 years exp. (6 salaries)	₹2.2 L/yr - ₹3.9 L/yr 55% less
L&L Products Purchase Engineer Salary 2 - 4 years exp. (5 salaries)	₹2 L/yr - ₹14 L/yr 22% more
Bray Controls Purchase Engineer Salary 1 - 4 years exp. (5 salaries)	₹2.6 L/yr - ₹4.5 L/yr 51% less
Truetzschler India Purchase Engineer Salary 6 - 9 years exp. (5 salaries)	₹4.5 L/yr - ₹7.5 L/yr 2% less
Trelleborg Purchase Engineer Salary 2 - 12 years exp. (4 salaries)	₹4.2 L/yr - ₹7.5 L/yr 10% less
Valmont Structures Purchase Engineer Salary 3 - 5 years exp. (4 salaries)	₹4.3 L/yr - ₹6 L/yr 10% less
Sparkline Equipments Purchase Engineer Salary 1 - 5 years exp. (4 salaries)	₹2.6 L/yr - ₹4 L/yr 50% less
Middleby India Engineering Purchase Engineer Salary 6 - 8 years exp. (4 salaries)	₹6.3 L/yr - ₹6.9 L/yr 4% more
The Acetech Machinery Components Purchase Engineer Salary 1 - 2 years exp. (4 salaries)	₹2.3 L/yr - ₹3 L/yr 57% less
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SPX Flow Technology Purchase Engineer Salary 4 - 7 years exp. (3 salaries)	₹5.5 L/yr - ₹6.1 L/yr 7% less
DMI DRAEXLMAIER MANUFACTURING Purchase Engineer Salary 1 - 3 years exp. (3 salaries)	₹2.7 L/yr - ₹3.5 L/yr 52% less
ZTT India Purchase Engineer Salary 2 - 9 years exp. (3 salaries)	₹2.8 L/yr - ₹3.9 L/yr 50% less
Lloyd Electric & Engineering Purchase Engineer Salary 1 - 4 years exp. (3 salaries)	₹1.8 L/yr - ₹3 L/yr 59% less

Purchase Engineer salary at Ferromatik Milacron ranges between ₹5.3 Lakhs to ₹9 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 20 latest salaries received from various employees of Ferromatik Milacron.

Experience wise Ferromatik Milacron Purchase Engineer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5.3 L/yr - ₹9.6 L/yr
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr
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3 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹6.5 L/yr
4 years (4 salaries)	₹5.7 L/yr - ₹6.5 L/yr
5 years (5 salaries)	₹5.3 L/yr - ₹7.2 L/yr
6 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.2 L/yr
7 years (3 salaries)	₹6.5 L/yr - ₹8.9 L/yr
8 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9 L/yr

View all

Similar Designation salaries in Ferromatik Milacron

Purchase Manager Salary

(AmbitionBox Estimate)

₹22.1 L/yr - ₹28.2 L/yr

Executive Engineer Salary

(5 salaries)

₹10 L/yr - ₹16.25 L/yr

Junior Engineer Salary

(8 salaries)

₹3.85 L/yr - ₹6 L/yr

Procurement Engineer Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.7 L/yr

Senior Engineer Salary

(12 salaries)

₹8.55 L/yr - ₹12 L/yr

Purchase Executive Salary

(3 salaries)

₹10.7 L/yr - ₹12.9 L/yr

Process Associate Salary

(5 salaries)

₹2.5 L/yr - ₹4.05 L/yr

Buyer Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹10.9 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹17.3 L/yr - ₹22.1 L/yr

Senior Purchase Executive Salary

(5 salaries)

₹10.05 L/yr - ₹13.7 L/yr

Top skills at Ferromatik Milacron for Purchase Engineer

Cost Analysis ERP System Materials Cost Reduction Initiatives Costing Casting Data Entry After Sales Service Buyer Activities Extrusion Blow Moulding Purchase

Salary related reviews for Ferromatik Milacron

4.4

Rated by 2 employees for salary & benefits

Senior Engineer in Ahmedabad

Full Time

Design & Development Department

1.0

• posted on 03 Jan 2023

2.0

for Salary and Benefits

Likes

Worst experience

Dislikes

...employees. If you are a resident or localized then only you can survive here. No hike, No time Promotions, Zero Learning, No facilities. Once you accept the offer and join the company thereafter no one cares about growth and development. The worst part is they offer the wrong profile to suitable candidates.

Salary - Poor

+5 more

Procurement Executive in Ahmedabad

Procurement & Supply Chain Department

5.0

• posted on 28 Dec 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture. Appraisals are fair and they give good salary hike and bonus every year

Salary - Good

+6 more

Dislikes

Career growth is slow. On the job training is not given to new jokiness. And i want to promote my self

Sales Coordinator in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 09 Dec 2017

4.0

for Salary and Benefits

Likes

...ice and supportd to gali galoj. So I have to resign. Otherwise company is good. Gives good salary etc. But you have to ready listen gali galoj. And if you are against the same than HOD will create problem to you to leave the job.

Salary - Good

Dislikes

Too much Politics. Work environment is too bad due to abusing language. Salary part is good.

Skill development - Poor

+4 more

Sales Manager in Chennai

Marketing & Communication Department

3.0

• posted on 02 Oct 2017

5.0

for Salary and Benefits

Likes

Good Learning experience for Freshers and Beginners. Good growth opportunities for Young and Talented.

Salary - Excellent

+1 more

Dislikes

Middle management career growth is snail slow process. For Management Employee Compensation is decent, but growth is slow. Work Pressure is high.

Promotions - Poor

Assistant Manager in Ahmedabad

Full Time

Research & Development Department

2.0

• posted on 07 Nov 2024

2.0

for Salary and Benefits

Likes

Worst company. Coperion, Milacron, Mold Master, these all companies are part of Hillenbrand Inc group which total wort is under 2B only. Companies operating from Ahmedabad has worst culture as they only promote and support local members. In few of the departments company lacking minimum required resources and company has one of the lowest annual growth offered. Not the top leadership but the mid leadership has full of politics and the pictures they presented are not a true representation of role, responsibilities, wages, annually growth officers, and facilities.

Job security - Good

Dislikes

Lacking professional environment and growth for employees.

Salary - Poor

+5 more

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Ferromatik Milacron Purchase Engineer Salary FAQs

What is the salary of Purchase Engineer at Ferromatik Milacron ?

The average salary of a Purchase Engineer at Ferromatik Milacron in India typically ranges from ₹5.3 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Purchase Engineer at Ferromatik Milacron earn more than ₹8.1 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Purchase Engineer Salaries at Ferromatik Milacron can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 20+ Ferromatik Milacron employees in India.

What is the estimated take home salary of a Purchase Engineer at Ferromatik Milacron in India?

The estimated take-home salary of a Purchase Engineer at Ferromatik Milacron in India typically ranges from ₹48,330 to ₹49,473 per month. This is based on the average salary range of ₹5.3 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 1 year to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 20+ salaries received from various employees of Ferromatik Milacron. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Purchase Engineer at Ferromatik Milacron ?

To be a Purchase Engineer at Ferromatik Milacron in india, the key skills required include:

- Cost Analysis
- ERP System
- Materials
- Cost Reduction Initiatives
- Costing

These skills are highly valued at Ferromatik Milacron and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Ferromatik Milacron for Purchase Engineer in India?

L&L Products	₹2.0 Lakhs to ₹14.0 Lakhs per year
Middleby India Engineering	₹6.3 Lakhs to ₹6.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Ferromatik Milacron, depending on the role and experience level.

What is the salary of a Purchase Engineer in companies similar to Ferromatik Milacron in India?

The salary of a Purchase Engineer at companies similar to Ferromatik Milacron in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Truetzschler India	₹4.5 Lakhs to ₹7.5 Lakhs per year
SPX Flow Technology	₹5.5 Lakhs to ₹6.1 Lakhs per year
Crane Process Flow Technologies India	₹5.5 Lakhs to ₹7.0 Lakhs per year
Trelleborg	₹4.2 Lakhs to ₹7.5 Lakhs per year
Valmont Structures	₹4.3 Lakhs to ₹6.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Purchase Engineer at Ferromatik Milacron in India?

The salary growth for a Purchase Engineer at Ferromatik Milacron depends on factors such as experience, performance, and promotions. On average, a Purchase Engineer can expect the following growth trajectory at Ferromatik Milacron:

Experience	Average Salary Range
1 year	₹5.3 Lakhs to ₹9.6 Lakhs per year
2 years	₹2.2 Lakhs to ₹6.0 Lakhs per year
3 years	₹5.7 Lakhs to ₹6.5 Lakhs per year
4 years	₹5.7 Lakhs to ₹6.5 Lakhs per year

and so on.

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Ferromatik Milacron Purchase Engineer Salaries

Ferromatik Milacron Purchase Engineer salary in India ranges between ₹5.3 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 Ferromatik Milacron latest salaries received from various employees of Ferromatik Milacron.