$115,338
Avg. Salary

Average additional compensation for this job:

Bonus

$14,633

Profit Sharing

$5,241

The average salary for an Experienced Sr. Strategic Sourcing Manager is $114,119 per year.

$82,898 - $147,871
$83K
$120K
$150K
MEDIAN: $115,338
10%
50%
90%

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$0$161K
Salary $82,898 - $147,871
Bonus $5,045 - $25,608
Profit Sharing $0.00 - $15,304
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).
)
$86,454 - $161,428
  • Country: United States
  • Currency: USD
  • Updated: 17 Sep 2018
  • Individuals Reporting: 294

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.

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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).

Sr. Strategic Sourcing Manager Job Listings

Pay Difference by Location

18%

National Average: $126,037

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

Key Stats for Sr. Strategic Sourcing Manager

Gender

Female
40 %
Male
60 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 51 votes.
10-19 years
83%
20 years or more
17%

Skills That Affect Sr. Strategic Sourcing Manager Salaries

Supplier Management
▼0%

Negotiation
▼0%

National Average
$126,000


Project Management
▼6%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 51 votes.

Gender

Female
40 %
Male
60 %

Common Health Benefits

medical benefits
Medical: 96%
dental benefits
Dental: 92%
vision benefits
Vision: 88%
no benefits
None: 3%