Average Strategic Sourcing Manager with Purchasing Skills Salary

$88,237
Avg. SalaryShow Hourly Rate
$0
Bonus
$2,500
Profit Sharing
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The average salary for a Strategic Sourcing Manager with Purchasing skills is $88,237.
10%
$60k
10%
$88k
50%
$117k
90%
90%
MEDIAN $88,237
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United States (change)
Salary
$60k - $117k
Profit Sharing
$1k - $3k
Total Pay
$60k - $126k

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.

Career Paths

Explore the most common career paths for Strategic Sourcing Manager. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Strategic Sourcing Manager
Sr. Strategic Sourcing Manager
Director, Strategic Sourcing
Procurement Manager
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Strategic Sourcing Manager Job Listings

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Popular Skills for Strategic Sourcing Manager

Skills in Contract Negotiation, Sourcing, Supplier Management, Procurement and Negotiation are correlated to pay that is above average.

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 $82,908 based on 15 salaries. A mid-career Strategic Sourcing Manager with 5-9 years of experience earns an average total compensation of $83,969 based on 35 salaries. An experienced Strategic Sourcing Manager with 10-19 years of experience earns an average total compensation of $93,387 based on 36 salaries. In their late career (20 years and higher), employees earn an average total compensation of $104,964.

Pay Difference by Location

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Years of Experience

This data is based on 97 survey responses.
Early Career
15.5%
Mid Career
36.1%
Experienced
37.1%
Late Career
11.3%

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