An Experienced Strategic Sourcing Manager earns an average salary of C$88,251 per year.

C$67,372 - C$122,727
C$67K
C$90K
C$120K
MEDIAN: C$89,625
10%
50%
90%
C$0C$140K
Salary C$67,372 - C$122,727
Bonus C$2,424 - C$24,917
Profit Sharing C$8,100
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).
)
C$68,646 - C$140,216
  • Country: Canada
  • Currency: CAD
  • Updated: 9 Jan 2018
  • Individuals Reporting: 48

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

  • Manage procurement and sourcing policies and activities, including overseeing specific contracts.
  • Conduct market research, create estimates and forecasts, and identify cost reduction strategies.
  • Hire, train, and manage sourcing team.
  • Negotiate with suppliers and vendors for contracts for timely supplies at fair prices and in compliance with regulations.

Strategic Sourcing Manager Job Listings

Key Stats for Strategic Sourcing Manager

Gender

Female
39 %
Male
61 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 11 votes.
10-19 years
98%
20 years or more
2%

Skills That Affect Strategic Sourcing Manager Salaries

Contract Negotiation
▲6%

Procurement
▲6%

Sourcing
▲4%

National Average
C$95,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 11 votes.

Gender

Female
39 %
Male
61 %

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 89%
vision benefits
Vision: 77%
no benefits
None: 6%