Average Strategic Sourcing Manager with Sourcing Skills Salary

$91,198
Avg. SalaryShow Hourly Rate
$9,534
Bonus
$4,000
Profit Sharing
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The average salary for a Strategic Sourcing Manager with Sourcing skills is $91,198.
10%
$66k
MEDIAN
$91k
90%
$121k
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United States (change)
Salary
$66k - $121k
Bonus
$2k - $19k
Profit Sharing
$2k - $12k
Total Pay
$66k - $134k

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

The top respondents for the job title Strategic Sourcing Manager are from the companies Cargill, Morgan Stanley and Cardinal Health, Inc.. Reported salaries are highest at CBRE Group where the average pay is $100,796. Other companies that offer high salaries for this role include Cargill, earning around $99,150. Morgan Stanley pays the lowest at around $70,328. Ericsson Inc. also pays on the lower end of the scale, paying $79,992.

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 Data Analysis, Negotiation and Procurement.

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 $82,027 based on 117 salaries. A mid-career Strategic Sourcing Manager with 5-9 years of experience earns an average total compensation of $92,034 based on 198 salaries. An experienced Strategic Sourcing Manager with 10-19 years of experience earns an average total compensation of $95,453 based on 219 salaries. In their late career (20 years and higher), employees earn an average total compensation of $102,360.
Employees with Strategic Sourcing Manager in their job title in San Francisco, California earn an average of 32.0% more than the national average. These job titles also find higher than average salaries in Dallas, Texas (9.6% more) and Atlanta, Georgia (9.3% more). The lowest salaries can be found in Minneapolis, Minnesota (9.0% less) and New York, New York (0.9% less).

Years of Experience

This data is based on 604 survey responses.
Early Career
19.4%
Mid Career
32.8%
Experienced
36.3%
Late Career
11.6%

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