Sourcing Manager, Manufacturing Salary

Manufacturing Sourcing Managers in the United States pull down an average of $78K per year. Location and career length each impact pay for this group, with the former having the largest influence. Medical and dental benefits are awarded to almost all, and a fair number earn vision coverage. Male Manufacturing Sourcing Managers are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 56 percent of the field. Most Manufacturing Sourcing Managers report high levels of job satisfaction. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$51,521 - $102,772

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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
$51,521 - $102,772  
   
Bonus
$515 - $15,236  
Profit Sharing
$3,034 - $5,057  
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).
)
$50,565 - $114,431  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 121
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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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Professional skills reported by Manufacturing Sourcing Managers are few in number. Those who have experience with Contract Negotiation, Negotiation, and Sourcing can expect to be compensated well for these skills. Skills that pay less than market rate include Sourcing.

Pay by Experience Level for Sourcing Manager, Manufacturing

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


Relatively untried employees who have less than five years' experience make $69K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $81K. After working for 10 to 20 years, Manufacturing Sourcing Managers make a median salary of $96K. Survey participants with more than two decades under their belts actually report earning less than people with less experience; the former take home only $86K on average.

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Experience Affects Sourcing Manager, Manufacturing Salaries

Experienced
up arrow 19%

Late-Career
up arrow 8%

Mid-Career
up arrow 1%

National Average
$80,000

Entry-Level
up arrow 14%

Skills That Affect Sourcing Manager, Manufacturing Salaries

Contract Negotiation
up arrow 2%

National Average
$80,000

Negotiation
up arrow 2%

Sourcing
up arrow 8%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 24 votes.

Gender

Female
44 %
Male
56 %

Years of Experience

Less than 1 year
2%
1-4 years
26%
5-9 years
34%
10-19 years
29%
20 years or more
10%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 89%
vision benefits Vision: 73% employee benefits None: 8%
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