Strategic Sourcing Manager with Project Management Skills Salary in New York, New York

The average salary for a Strategic Sourcing Manager with Project Management skills in New York, New York is $90,000.

10%

$51k

MEDIAN

$90k

90%

$116k

Salary

$51k - $116k

Bonus

$4k - $19k

Total Pay

$52k - $132k

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Job Description for Strategic Sourcing Manager

Strategic sourcing managers are responsible for directing and analyzing how a business spends money. Their ultimate goal is to make sure the business is cost effective so it maintains higher profit margins and a competitive advantage. The research that strategic sourcing managers conduct drives the purchasing decisions for the business. They are expected to rigorously locate and analyze new opportunities and developments for the business. When plans are adopted, these managers also may have to l…Read more

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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Job Title / Company

Location

Popular Skills for Strategic Sourcing Manager

Contract Negotiation

$89,593

40 responses

Sourcing

$90,399

35 responses

Procurement

$90,725

29 responses

Supplier Management

$87,597

26 responses

Data Analysis

$90,757

24 responses

Skills in Sourcing, Procurement and Data Analysis are correlated to pay that is above average. Skills that pay less than market rate include Supplier Management and Contract 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 $74,800 based on 5 salaries. A mid-career Strategic Sourcing Manager with 5-9 years of experience earns an average total compensation of $87,429 based on 8 salaries.

Pay Difference by Location

Learn more about cost of living by city.

San Francisco, California

▲30%

Atlanta, Georgia

▲22%

Boston, Massachusetts

▲3%

Houston, Texas

▲2%

Wayzata, Minnesota

▼5%

Charlotte, North Carolina

▼8%

Cleveland, Ohio

▼10%

Employees with Strategic Sourcing Manager in their job title in San Francisco, California earn an average of 30.5% more than the national average. These job titles also find higher than average salaries in Atlanta, Georgia (22.0% more) and Boston, Massachusetts (2.7% more). The lowest salaries can be found in Cleveland, Ohio (9.9% less), Charlotte, North Carolina (7.8% less) and Wayzata, Minnesota (4.7% less).