Average Early-Career Strategic Sourcing Manager Salary in Chicago, Illinois

$81,983
Avg. Salary
$10,174
Bonus
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The average salary for an Early-Career Strategic Sourcing Manager in Chicago, Illinois is $81,983.
10%
$55k
MEDIAN
$82k
90%
$102k
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United States (change)
Salary
$55k - $102k
Bonus
$8k - $14k
Total Pay
$60k - $125k
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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.

Strategic Sourcing Manager Job Listings

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Popular Skills for Strategic Sourcing Manager

Skills in Contract Negotiation, Procurement, Sourcing and Supplier Management are correlated to pay that is above average.

Pay by Experience Level for Strategic Sourcing Manager

A mid-career Strategic Sourcing Manager with 5-9 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $98,727 based on 15 salaries. An experienced Strategic Sourcing Manager with 10-19 years of experience earns an average total compensation of $102,724 based on 11 salaries. In their late career (20 years and higher), employees earn an average total compensation of $102,300.
Employees with Strategic Sourcing Manager in their job title in San Francisco, California earn an average of 19.1% more than the national average. These job titles also find higher than average salaries in Houston, Texas (6.6% more) and New York, New York (6.2% more). The lowest salaries can be found in Seattle, Washington (21.9% less), Cincinnati, Ohio (8.4% less) and Minneapolis, Minnesota (5.4% less).

Years of Experience

This data is based on 31 survey responses.
Mid Career
48.4%
Experienced
35.5%
Late Career
16.1%

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