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Sourcing Manager, Manufacturing Salary

Manufacturing Sourcing Managers in the United States take home approximately $80K annually on average. Nearly all have medical and dental plans, and a strong majority have vision insurance. The majority of Manufacturing Sourcing Managers claim high levels of job satisfaction. Men make up a slight majority of Manufacturing Sourcing Managers (53 percent) who responded to the survey. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
$51,352 - $103,116
(Median)
51K
64K
80K
95K
MEDIAN: $79,569
10%
25%
50%
75%

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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$50K$100K$150K
Salary
$51,352 - $103,116  
   
Bonus
$750 - $15,361  
Profit Sharing
$3,052 - $6,878  
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).
)
$50,708 - $115,686  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 106
United States (change)

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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Survey takers who work as Manufacturing Sourcing Managers report a focused set of job skills. Those who have experience with Contract Negotiation, Negotiation, and Sourcing can expect to be compensated well for these skills. Skills that seem to negatively impact pay include Sourcing and 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 $65K on average, people with five to 10 years benefit from a notably larger average of $85K. Manufacturing Sourcing Managers with one to two decades of relevant experience report an average salary of approximately $88K. Respondents who boast more than two decades on the job don't boast commensurate pay, unfortunately; these veterans see average earnings of only $85K.

Related Job Salaries

Experience Affects Sourcing Manager, Manufacturing Salaries

Experienced
up arrow 8%

Mid-Career
up arrow 4%

Late-Career
up arrow 4%

National Average
$81,000

Entry-Level
up arrow 20%

Skills That Affect Sourcing Manager, Manufacturing Salaries

Contract Negotiation
up arrow 5%

National Average
$81,000

Negotiation
up arrow 3%

Sourcing
up arrow 9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 32 votes.

Gender

Female
47 %
Male
53 %

Years of Experience

Less than 1 year
2%
1-4 years
24%
5-9 years
31%
10-19 years
36%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 90%
vision benefits Vision: 76% employee benefits None: 8%