Average Strategic Sourcing Manager Salary in Plano, Texas

$97,713
Avg. Salary
$7,500
Bonus
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The average salary for a Strategic Sourcing Manager in Plano, Texas is $97,713.
10%
$64k
MEDIAN
$98k
90%
$120k
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United States (change)
Salary
$64k - $120k
Bonus
$5k - $10k
Total Pay
$64k - $123k

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

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 $82,800 based on 7 salaries. An experienced Strategic Sourcing Manager with 10-19 years of experience earns an average total compensation of $104,762 based on 5 salaries.
Employees with Strategic Sourcing Manager in their job title in San Francisco, California earn an average of 16.7% more than the national average. These job titles also find higher than average salaries in Atlanta, Georgia (2.8% more) and Dallas, Texas (1.1% more). The lowest salaries can be found in Minneapolis, Minnesota (10.5% less), Chicago, Illinois (7.5% less) and New York, New York (6.6% less).

Years of Experience

This data is based on 12 survey responses.
Early Career
58.3%
Experienced
41.7%

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