Average Sr. Strategic Sourcing Manager Salary

$110,685
Avg. SalaryShow Hourly Rate
$12,569
Bonus
$5,106
Profit Sharing
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The average salary for a Sr. Strategic Sourcing Manager is $110,685.
10%
$79k
MEDIAN
$111k
90%
$141k
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United States (change)
Salary
$79k - $141k
Bonus
$5k - $25k
Profit Sharing
$979 - $18k
Total Pay
$82k - $157k

Your Market Worth Over Time

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Job Description for Sr. Strategic Sourcing Manager

Sr. Strategic Sourcing Manager Tasks
  • Develop and lead implementation of sourcing strategies, procurement, and process flow throughout the organization.
  • Ensure compliance to existing contracts and service levels.
  • Analyze data to identify opportunities to reduce costs, negotiate and manage existing providers.
  • 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).

Job Satisfaction for Sr. Strategic Sourcing Manager

4.3 out of 5
(75)
Highly Satisfied
6Reviews

Popular Employer Salaries for Sr. Strategic Sourcing Manager

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Popular Skills for Sr. Strategic Sourcing Manager

Skills in Supplier Management and Sourcing are correlated to pay that is above average. Skills that pay less than market rate include Project Management, Negotiation and Contract Negotiation.

Pay by Experience Level for Sr. Strategic Sourcing Manager

An early career Sr. Strategic Sourcing Manager with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $91,953 based on 28 salaries. A mid-career Sr. Strategic Sourcing Manager with 5-9 years of experience earns an average total compensation of $105,460 based on 100 salaries. An experienced Sr. Strategic Sourcing Manager with 10-19 years of experience earns an average total compensation of $114,148 based on 249 salaries. In their late career (20 years and higher), employees earn an average total compensation of $117,070.
Employees with Sr. Strategic Sourcing Manager in their job title in Houston, Texas earn an average of 17.3% more than the national average. These job titles also find higher than average salaries in New York, New York (11.5% more) and Los Angeles, California (9.2% more).

Years of Experience

This data is based on 477 survey responses.
Early Career
5.9%
Mid Career
21.0%
Experienced
52.2%
Late Career
21.0%