Average Early-Career Strategic Sourcing Manager with Contract Negotiation Skills Salary in Chicago, Illinois

$84,403
Avg. Salary
$10,727
Bonus
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The average salary for an Early-Career Strategic Sourcing Manager with Contract Negotiation skills in Chicago, Illinois is $84,403.
10%
$58k
MEDIAN
$84k
90%
$119k
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United States (change)
Salary
$58k - $119k
Bonus
$0 - $11k
Total Pay
$64k - $128k

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

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 $101,937 based on 8 salaries. An experienced Strategic Sourcing Manager with 10-19 years of experience earns an average total compensation of $102,482 based on 5 salaries.
Employees with Strategic Sourcing Manager in their job title in San Francisco, California earn an average of 20.2% more than the national average. These job titles also find higher than average salaries in Dallas, Texas (9.8% more) and New York, New York (3.1% more). The lowest salaries can be found in Rockville, Maryland (19.7% less) and Atlanta, Georgia (8.3% less).

Years of Experience

This data is based on 13 survey responses.
Mid Career
61.5%
Experienced
38.5%

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