$111,223
Avg. Salary
$45.00
Avg. Hourly Rate

Average additional compensation:

$12,820

Bonus

$5,078

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Sr. Strategic Sourcing Manager is $45.00 per hour.

The average pay for a Sr. Strategic Sourcing Manager is $111,223 per year.

$0.00
10%
$45.00
50%
$0.00
90%
MEDIAN $45.00
$79k
10%
$111k
50%
$141k
90%
MEDIAN $111,223
$79,439 - $140,970
$79K
$110K
$140K
MEDIAN: $111,223
10%
50%
90%

Add this chart to your site: 640px    300px

$0$158K
Salary $79,439 - $140,970
Bonus $3,931 - $25,120
Profit Sharing $0.00 - $14,250
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).
)
$82,203 - $158,085
  • Country: United States
  • Currency: USD
  • Updated: 19 Feb 2019
  • Individuals Reporting: 462

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.

Read More...
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).

Common Career Paths for Sr. Strategic Sourcing Manager


Add this chart to your site:   640px 640px    300px 300px


A lot of Senior Strategic Sourcing Managers move on to become Directors of Strategic Sourcing, that group gets paid a slightly higher $136K on average.

Sr. Strategic Sourcing Manager Job Listings

Popular Skills for Sr. Strategic Sourcing Manager


Senior Strategic Sourcing Managers report using a diverse set of skills on the job. Most notably, skills in Sourcing, Negotiation, Contract Negotiation, and Supplier Management are correlated to pay that is above average. At the other end of the pay range are skills like Procurement. Those educated in Contract Negotiation tend to be well versed in Project Management.

Pay by Experience Level for Sr. Strategic Sourcing Manager

Pay by Experience for a Sr. Strategic Sourcing Manager has a positive trend. An entry-level Sr. Strategic Sourcing Manager with less than 5 years of experience can expect to earn an average total compensation of $95,000 based on 25 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Sr. Strategic Sourcing Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $112,000 based on 75 salaries. An experienced Sr. Strategic Sourcing Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $126,000 based on 162 salaries. A Sr. Strategic Sourcing Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $125,000 based on 47 salaries.

Pay Difference by Location

National Average: $120,390

Larger city markers indicate a job is popular in that location.

Home to some of the best pay for Senior Strategic Sourcing Managers, San Francisco offers exceptional salaries, 40 percent above the national average. Senior Strategic Sourcing Managers can also look forward to large paychecks in cities like San Jose (+33 percent), Dallas (+29 percent), Seattle (+16 percent), and Charlotte (+16 percent). Senior Strategic Sourcing Managers in Columbus earn salaries far below the national average by 25 percent, proving that geography overwhelmingly affects the pay scale for those in this field. Employers pay around 23 percent less in Pittsburgh and 10 percent less in St. Louis, below-median salaries for those in this field.

Sr. Strategic Sourcing Manager Reviews

Q: What is it like working as a Sr. Strategic Sourcing Manager?

Sr. Strategic Sourcing Manager in Atlanta:
"Beautiful weather traffic horrible."
Pros: Friendly people
Cons: Traffic

Related Job Salaries

Key Stats for Sr. Strategic Sourcing Manager

Gender

Female
39 %
Male
61 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 76 votes.
1-4 years
6%
5-9 years
22%
10-19 years
52%
20 years or more
21%

Experience Affects Sr. Strategic Sourcing Manager Salaries

▲5%

▲3%

National Average
$120,000

▼7%

▼21%

Skills That Affect Sr. Strategic Sourcing Manager Salaries

Sourcing
▲2%

National Average
$120,000


Negotiation
▼2%



Procurement
▼13%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 76 votes.

Gender

Female
39 %
Male
61 %

Years of Experience

1-4 years
6%
5-9 years
22%
10-19 years
52%
20 years or more
21%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 92%
vision benefits
Vision: 89%
no benefits
None: 5%