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Sr. Strategic Sourcing Manager Salary (United States)

The average salary for a Sr. Strategic Sourcing Manager is $106,273 per year. Pay for this job rises steadily for more experienced workers, but goes down noticeably for employees with more than 20 years' experience. Most people in this job have more than five years' experience in related jobs.
Sr. Strategic Sourcing Manager Salary (?
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.
)
$74,238 - $133,938
(Median)
74K
88K
110K
120K
MEDIAN: $106,272
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$60K$120K$180K
Salary
$74,238 - $133,938  
   
Bonus
$1,949 - $23,777  
Profit Sharing
$1,479 - $10,542  
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).
)
$78,160 - $151,344  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 366
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Job Description for Sr. Strategic Sourcing Manager

Senior strategic sourcing managers create effective strategies for identifying and driving sourcing initiatives for their company. They are in charge of analyzing current and new products or services to identify new sourcing opportunities. In addition, they communicate with external partners and cross-functional teams, as well as identify possible problems and resolve them in a timely manner. One of their main tools include a personal computer to communicate with colleagues and create sourcing reports.
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Sr. Strategic Sourcing Manager Tasks
  • Lead bidding process and ensure quality and cost goals are met.
  • Report on actual costs, negotiation opportunities and overall strategic plan for sourcing, logistics, and return on investment (ROI).
  • Analyze data to identify opportunities to reduce costs, negotiate and manage existing providers.
  • Develop and lead implementation of sourcing strategies, procurement, and process flow throughout the organization.
  • Ensure compliance to existing contracts and service levels.

Common Career Paths for Sr. Strategic Sourcing Manager

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Sr. Strategic Sourcing Manager Job Listings

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Popular Skills for Sr. Strategic Sourcing Manager

Pay by Experience Level for Sr. Strategic Sourcing Manager

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

Pay Difference By Location

Redmond
up arrow 14%
Atlanta
up arrow 11%
Houston
up arrow 6%
Chicago
up arrow 6%
National Average
$118,000
Dallas
up arrow 1%
Boston
up arrow 2%
St. Louis
up arrow 13%
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

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Experience Affects Sr. Strategic Sourcing Manager Salaries

National Average
$118,000
Entry-Level
up arrow 27%

Skills That Affect Sr. Strategic Sourcing Manager Salaries

Contract Negotiation
up arrow 4%
Negotiation
up arrow 2%
Supplier Management
up arrow 1%
National Average
$118,000
Project Management
up arrow 1%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 111 votes.

Gender

Female
26%
female alumni
 
Male
74%
male alumni

Years of Experience

1-4 years
4%
5-9 years
25%
10-19 years
47%
20 years or more
25%

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 95%
vision benefits Vision: 83% employee benefits None: 3%