The average pay for a Strategic Sourcing Manager is $82,714 per year. People in this job generally don't have more than 20 years' experience.
Strategic Sourcing Manager Total Pay (?
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.
)
$55,208 - $108,836
(Median)
55K
69K
83K
97K
110K
MEDIAN: $82,714
10%
25%
50%
75%
90%
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Strategic Sourcing Manager Total Pay (?
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.
)
$12.88 - $45.65
(Median)
13
29
38
46
MEDIAN: $29.00
10%
50%
75%
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$50K$100K$150K
Salary
$55,208 - $108,836  
   
Bonus
$979 - $15,305  
Profit Sharing
$1,487 - $9,967  
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).
)
$56,556 - $119,802  
PayScale
Country: United States | Currency: USD | Updated: 24 Apr 2014 | Individuals Reporting: 717
National Hourly Rate 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$25$50$75
Hourly Rate
$12.88 - $45.65  
   
Overtime
$30.95 - $52.90  
National Annualized 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
Bonus
$979 - $15,305  
   
Profit Sharing
$1,487 - $9,967  
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).
)
$56,556 - $119,802  
PayScale
Country: United States | Currency: USD | Updated: 24 Apr 2014 | Individuals Reporting: 717
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Strategic Sourcing Manager Job Listings

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Job Description for Strategic Sourcing Manager
Strategic sourcing managers are responsible for directing and analyzing how a business spends money. Their ultimate goal is to make sure the business is cost effective so it maintains higher profit margins and a competitive advantage. The research that strategic sourcing managers conduct drives the purchasing decisions for the business. They are expected to rigorously locate and analyze new opportunities and developments for the business. When plans are adopted, these managers also may have to lead conversion management within their organization.
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Strategic Sourcing Manager Tasks
  • Hire, train, and manage sourcing team.
  • Negotiate with suppliers and vendors for contracts for timely supplies at fair prices and in compliance with regulations.
  • Manage procurement and sourcing policies and activities, including overseeing specific contracts.
  • Conduct market research, create estimates and forecasts, and identify cost reduction strategies.
Popular Skills for Strategic Sourcing Manager
Pay by Experience Level for Strategic Sourcing Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
Boston
up arrow 21%
Los Angeles
up arrow 15%
San Francisco
up arrow 12%
up arrow 11%
New York
up arrow 11%
Denver
up arrow 3%
Jacksonville
up arrow 1%
Chicago
0%
National Average
$87,000
Charlotte
up arrow 3%
up arrow 4%
Milwaukee
up arrow 9%
Dallas
up arrow 13%
Columbus
up arrow 14%
Cincinnati
up arrow 38%
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Strategic Sourcing Manager Salaries

National Average
$87,000

Skills That Affect Strategic Sourcing Manager Salaries

Contract Negotiation
up arrow 2%
Procurement
up arrow 1%
Negotiation
0%
Project Management
0%
Supply Chain
0%
National Average
$87,000
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 189 votes.
Gender
Female
35%
female alumni
 
Male
65%
male alumni
Years of Experience
Less than 1 year
1%
1-4 years
23%
5-9 years
30%
10-19 years
34%
20 years or more
12%
Common Health Benefits
medical benefits Medical: 93% dental benefits Dental: 88%
vision benefits Vision: 75% employee benefits None: 5%
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