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Director, Strategic Sourcing Salary

The average Director of Strategic Sourcing in the United States earns approximately $128K annually. Total incomes of Directors of Strategic Sourcing incorporate potential for, in a few cases, more than $38K from bonuses and close to $33K from profit sharing; these performance components cause packages to range between $98K and $200K. Residence is the biggest factor affecting pay for this group, followed by tenure. Generally, women make up less than a third of all Directors of Strategic Sourcing who answered the questionnnaire. Most Directors of Strategic Sourcing like their work and job satisfaction is high. Nearly all report receiving medical and dental coverage from their employers and most collect vision insurance. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$90,743 - $165,467
(Median)
$91K
$130K
$170K
MEDIAN: $128,222
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
$90,743 - $165,467  
   
Bonus
$5,096 - $38,028  
Profit Sharing
$3,750 - $32,500  
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).
)
$97,641 - $199,524  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 222

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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 diverse set of skills on the job. Most notably, skills in Strategic Planning, Negotiation, Contract Negotiation, and Procurement are correlated to pay that is above average. Skills that seem to negatively impact pay include Vendor Management. Most people familiar with Contract Negotiation also know Negotiation.

Related Job Salaries

United States (change)

Experience Affects Director, Strategic Sourcing Salaries



National Average
$147,000

Mid-Career
up arrow 12%

Skills That Affect Director, Strategic Sourcing Salaries

Strategic Planning
up arrow 4%

Negotiation
up arrow 3%

Contract Negotiation
up arrow 2%

Procurement
up arrow 1%

National Average
$147,000

Vendor Management
up arrow 10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 41 votes.

Gender

Female
22 %
Male
78 %

Years of Experience

1-4 years
3%
5-9 years
11%
10-19 years
54%
20 years or more
32%

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 92%
vision benefits Vision: 80% employee benefits None: 4%
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