Average Experienced Strategic Sourcing Manager Salary

$97,707
Avg. SalaryShow Hourly Rate
$9,928
Bonus
$4,000
Profit Sharing
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The average salary for an Experienced Strategic Sourcing Manager is $97,707.
10%
$72k
10%
$98k
50%
$126k
90%
90%
MEDIAN $97,707
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United States (change)
Salary
$72k - $126k
Bonus
$3k - $20k
Profit Sharing
$1k - $10k
Total Pay
$73k - $139k

Your Market Worth Over Time

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Job Description for Strategic Sourcing Manager

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.

Popular Employer Salaries for Strategic Sourcing Manager

$116k

Career Paths

Explore the most common career paths for Strategic Sourcing Manager. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Strategic Sourcing Manager
Sr. Strategic Sourcing Manager
Director, Strategic Sourcing
Procurement Manager
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Strategic Sourcing Manager Job Listings

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Popular Skills for Strategic Sourcing Manager

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

Pay by Experience Level for Strategic Sourcing Manager

An entry-level Strategic Sourcing Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $68,604 based on 8 salaries. An early career Strategic Sourcing Manager with 1-4 years of experience earns an average total compensation of $81,790 based on 264 salaries. A mid-career Strategic Sourcing Manager with 5-9 years of experience earns an average total compensation of $91,560 based on 415 salaries. In their late career (20 years and higher), employees earn an average total compensation of $100,697.
Employees with Strategic Sourcing Manager in their job title in Dallas, Texas earn an average of 10.3% more than the national average. These job titles also find higher than average salaries in Chicago, Illinois (7.5% more) and Houston, Texas (4.8% more). The lowest salaries can be found in Charlotte, North Carolina (3.7% less).

Years of Experience

This data is based on 824 survey responses.
Entry Level
1.0%
Early Career
32.0%
Mid Career
50.4%
Late Career
16.6%

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