Director, Strategic Sourcing Salary

The average Director of Strategic Sourcing in the United States can expect to rake in roughly $128K per year. Cash earnings of Directors of Strategic Sourcing can occasionally include $35K each in bonuses and profit sharing proceeds; this strong performance component causes pay grades to stretch from approximately $96K to almost $197K. Residence and career duration each impact pay for this group, with the former having the largest influence. Almost all have medical and dental plans, and a fair number have vision insurance. Generally, women make up less than a third of all Directors of Strategic Sourcing who answered the questionnnaire. Work is enjoyable for Directors of Strategic Sourcing, who typically claim high levels of job satisfaction. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$88,266 - $165,460
(Median)
$88K
$130K
$170K
MEDIAN: $127,930
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$70K$140K$210K
Salary
$88,266 - $165,460  
   
Bonus
$5,071 - $35,235  
Profit Sharing
$3,750 - $36,438  
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).
)
$95,797 - $196,700  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 221
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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.

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Director, Strategic Sourcing Tasks

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

Director, Strategic Sourcing Job Listings

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Popular Skills for Director, Strategic Sourcing


Directors of Strategic Sourcing report using a wide range of professional skills. Most notably, skills in Negotiation, Strategic Planning, Contract Negotiation, and Procurement are correlated to pay that is above average. At the other end of the pay range are skills like Vendor Management. Those proficient in Contract Negotiation are, more often than not, also skilled in Negotiation.

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Experience Affects Director, Strategic Sourcing Salaries



National Average
$146,000


Skills That Affect Director, Strategic Sourcing Salaries

Contract Negotiation
up arrow 2%

Strategic Planning
up arrow 2%

Negotiation
up arrow 2%

Procurement
0%

National Average
$146,000

Vendor Management
up arrow 10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 34 votes.

Gender

Female
23 %
Male
77 %

Years of Experience

1-4 years
3%
5-9 years
13%
10-19 years
53%
20 years or more
32%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 91%
vision benefits Vision: 80% employee benefits None: 4%
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