Sourcing Manager, Manufacturing Salary

Manufacturing Sourcing Managers in the United States take home approximately $78K annually on average. Residence is the biggest factor affecting pay for this group, followed by years of experience. In this profession, nearly all enjoy medical and dental coverage, and a strong majority have vision insurance, as well. The majority of Manufacturing Sourcing Managers claim high levels of job satisfaction. Male Manufacturing Sourcing Managers are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 55 percent of the field. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$49,437 - $106,832
(Median)
$49K
$78K
$110K
MEDIAN: $77,834
10%
50%
90%

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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$50K$100K$150K
Salary
$49,437 - $106,832  
   
Bonus
$197.27 - $15,337  
Profit Sharing
$4,000  
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).
)
$44,527 - $115,844  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 137
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Job Description for Sourcing Manager, Manufacturing

  • Develop procurement strategies and development plans.
  • Select suppliers and ensure quality through regular evaluation.
  • Manage expenses, cost reduction, and productivity.
  • Negotiate contracts and procurement agreements with suppliers.
  • Oversee and coordinate teams from several departments.

Sourcing Manager, Manufacturing Job Listings

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Manufacturing Sourcing Managers who responded to the survey indicated only a few skills that they use on the job. Those who have experience with Negotiation, Contract Negotiation, and Sourcing can expect to be compensated well for these skills. Skills that are correlated to lower pay, on the other hand, include Sourcing and Contract Negotiation.

Pay by Experience Level for Sourcing Manager, Manufacturing

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


Although individuals who have less than five years' experience earn $66K on average, people with five to 10 years benefit from a notably larger average of $81K. After working for 10 to 20 years, Manufacturing Sourcing Managers make a median salary of $95K. Survey respondents who have worked for more than 20 years actually report somewhat lower incomes of $88K.

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Experience Affects Sourcing Manager, Manufacturing Salaries

Experienced
up arrow 20%

Late-Career
up arrow 11%

Mid-Career
up arrow 2%

National Average
$79,000

Entry-Level
up arrow 16%

Skills That Affect Sourcing Manager, Manufacturing Salaries

National Average
$79,000

Negotiation
up arrow 2%

Contract Negotiation
up arrow 3%

Sourcing
up arrow 6%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 23 votes.

Gender

Female
45 %
Male
55 %

Years of Experience

Less than 1 year
1%
1-4 years
27%
5-9 years
29%
10-19 years
32%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 89%
medical benefits
Vision: 73%
dental benefits
None: 7%
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