▼25%
$93,621
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$67k
MEDIAN
$94k
90%
$123k
The average salary for a Strategic Sourcing Manager is $93,621
Base Salary
$67k - $123k
Bonus
$3k - $18k
Profit Sharing
$846 - $12k
Total Pay
$68k - $135k
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What is the Pay by Experience Level for Strategic Sourcing Managers?
What Do Strategic Sourcing Managers Do?
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.
Find your market worth – how it works:
Job Satisfaction for Strategic Sourcing Manager
Based on 173 responses, the job of Strategic Sourcing Manager has received a job satisfaction rating of 3.99 out of 5. On average, Strategic Sourcing Managers are highly satisfied with their job.
Gender Breakdown
Male
52.3%
Female
47.1%
Prefer to self-define
0.5%
This data is based on 558 survey responses. Learn more about the gender pay gap.
Common Health Benefits
Medical
90%
Dental
88%
Vision
83%
None