Directors of Strategic Sourcing in the United States can expect wages of $128K per year on average. Total cash compensation to Directors of Strategic Sourcing bottoms out near $89K and approaches $185K on the high end; the biggest paychecks include approximately $32K from bonuses and almost $35K from profit sharing. Geographic location and experience level each impact pay for this group, with the former having the largest influence. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Most Directors of Strategic Sourcing like their work and job satisfaction is high. The majority of Directors of Strategic Sourcing (62 percent) who took the survey are men. The data in this summary comes from the PayScale salary survey.
Read More
$86,616 - $161,327
$87K
$130K
$160K
MEDIAN: $127,730
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$70K$140K$210K
Salary
$86,616 - $161,327  
   
Bonus
$7,646 - $32,364  
Profit Sharing
$436.31 - $34,645  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$88,740 - $185,429  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 155

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Job Description for Director, Strategic Sourcing

Directors of strategic sourcing provide executive leadership related to strategic procurement within their organization. Most of their work revolves around communicating with other employees and clients. These professionals are responsible for negotiating with executives in other organizations to achieve desired outcomes, attending internal meetings to develop strategic policy within the organization, and helping create and implement internal sourcing strategies. They must perform supplier management and development, as well as accurately asses suppliers' capabilities as they relate to company needs.

Read More...

Director, Strategic Sourcing Tasks

  • Research vendors to determine which suppliers have the best prices, reliability, and quality.
  • Manage a company's purchase of supplies and lead the development and implementation of procurement strategies.
  • Supervise and direct the work of strategic sourcing personnel.
  • Lead efforts to improve supply chain efficiency, maintain product quality standards, and reduce costs.
  • Negotiate contracts with vendors for the purchase and delivery of goods.

Director, Strategic Sourcing Job Listings

Search for more jobs:

Popular Skills for Director, Strategic Sourcing


Survey results suggest that Directors of Strategic Sourcing put a wide range of professional skills to use. Most notably, skills in Negotiation, Procurement, Contract Negotiation, and Strategic Planning are correlated to pay that is above average. At the other end of the pay range are skills like Vendor Management and Strategic Planning. It is often found that people who know Contract Negotiation are also skilled in Negotiation.

Pay by Experience Level for Director, Strategic Sourcing

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Directors of Strategic Sourcing with a rich background of experience are typically rewarded with larger paychecks. Salaries can reach six figures almost right off the bat; beginning workers who have less than five years' experience bring in a median of $100K per year. Directors of Strategic Sourcing bring in $145K after working for 10 to 20 years. Survey participants who have worked for more than two decades report bringing in $155K on average.

Related Job Salaries

Key Stats for Director, Strategic Sourcing

Gender

Female
38 %
Male
62 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 14 votes.
052
Less than 1 year
2%
1-4 years
3%
5-9 years
14%
10-19 years
52%
20 years or more
28%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Director, Strategic Sourcing Salaries




National Average
$140,000

Entry-Level
up arrow 28%

Skills That Affect Director, Strategic Sourcing Salaries



National Average
$140,000



Vendor Management
up arrow 6%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 14 votes.

Gender

Female
38 %
Male
62 %

Years of Experience

Less than 1 year
2%
1-4 years
3%
5-9 years
14%
10-19 years
52%
20 years or more
28%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 88%
vision benefits
Vision: 76%
dental benefits
None: 7%
ADVERTISEMENT