The average salary for a Director, Strategic Sourcing is $131,094.
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$88k - $170k
$8k - $38k
$975 - $29k
$92k - $195k
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Job Description for Director, Strategic Sourcing
Directors of strategic sourcing provide executive leadership related to strategic procurement within their organization. Most of their work revolves around communicating with other employees and clients. These professionals are responsible for negotiating with executives in other organizations to achieve desired outcomes, attending internal meetings to develop strategic policy within the organization, and helping create and implement internal sourcing strategies. They must perform supplier manag…Read more
Director, Strategic Sourcing Tasks
- Research vendors to determine which suppliers have the best prices, reliability, and quality.
- Manage a company's purchase of supplies and lead the development and implementation of procurement strategies.
- Supervise and direct the work of strategic sourcing personnel.
- Lead efforts to improve supply chain efficiency, maintain product quality standards, and reduce costs.
- Negotiate contracts with vendors for the purchase and delivery of goods.
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Popular Skills for Director, Strategic Sourcing
Skills in Contract Negotiation, Procurement, Negotiation and Supplier Management are correlated to pay that is above average. Skills that pay less than market rate include Strategic Planning.
Pay by Experience Level for Director, Strategic Sourcing
An early career Director, Strategic Sourcing with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $108,280 based on 16 salaries. A mid-career Director, Strategic Sourcing with 5-9 years of experience earns an average total compensation of $121,916 based on 34 salaries. An experienced Director, Strategic Sourcing with 10-19 years of experience earns an average total compensation of $135,141 based on 213 salaries. In their late career (20 years and higher), employees earn an average total compensation of $139,561.
Pay Difference by Location
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Employees with Director, Strategic Sourcing in their job title in San Francisco, California earn an average of 29.1% more than the national average. These job titles also find higher than average salaries in Charlotte, North Carolina (11.4% more) and New York, New York (11.3% more). The lowest salaries can be found in Los Angeles, California (2.7% less) and Atlanta, Georgia (0.8% less).
Years of Experience
This data is based on 357 survey responses.
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