Average Strategic Sourcing Manager with Sourcing Skills Salary in Minneapolis, Minnesota

$84,699
Avg. Salary
$6,000
Bonus
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The average salary for a Strategic Sourcing Manager with Sourcing skills in Minneapolis, Minnesota is $84,699.
10%
$64k
MEDIAN
$85k
90%
$118k
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United States (change)
Salary
$64k - $118k
Bonus
$4k - $13k
Total Pay
$64k - $127k
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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 that pay less than market rate include Vendor Management, Project Management, Supplier Management, Contract Negotiation and Negotiation.

Pay by Experience Level for Strategic Sourcing Manager

An early career Strategic Sourcing Manager with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $78,885 based on 5 salaries. An experienced Strategic Sourcing Manager with 10-19 years of experience earns an average total compensation of $111,956 based on 8 salaries.
Employees with Strategic Sourcing Manager in their job title in San Francisco, California earn an average of 42.1% more than the national average. These job titles also find higher than average salaries in Denver, Colorado (21.0% more) and Dallas, Texas (18.0% more).

Years of Experience

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

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