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How much does a Strategic Sourcing Manager make?

As of April 01, 2025, the average annual salary for a Strategic Sourcing Manager in the United States is $132,308. Salary.com reports that pay typically ranges from $119,940 to $143,533, with most professionals earning between $108,680 and $153,753.

Strategic Sourcing Manager Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $143,533 $11,961 $2,760 $69
Average $132,308 $11,026 $2,544 $64
25th Percentile $119,940 $9,995 $2,307 $58

Average Salary

25% $119,940 10% $108,680 90% $153,753 75% $143,533 $132,308 50%(Median)
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How much does a Strategic Sourcing Manager make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Strategic Sourcing Manager salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Strategic Sourcing Manager hourly pay, weekly pay, monthly pay and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect a Strategic Sourcing Manager's Salary?

An entry-level Strategic Sourcing Manager with less than 1 year of experience earns about $127,693. With 1-2 years of experience, the average salary increases to $128,247. For 2-4 years of experience, the pay typically rises to $130,093. Senior-level professionals with 5-8 years of experience earn around $132,308, and those with over 8 years of experience can expect an average of $135,156.

Levels Salary
Entry Level Strategic Sourcing Manager $127,693
Intermediate Level Strategic Sourcing Manager $128,247
Senior Level Strategic Sourcing Manager $130,093
Specialist Level Strategic Sourcing Manager $132,308
Expert Level Strategic Sourcing Manager $135,156
$127,693 0 yr
$128,247 < 2 yrs
$130,093 2-4 yrs
$132,308 5-8 yrs
$135,156 > 8 yrs
Last Updated on April 01, 2025
Entry Level 3%
Mid Level 3%
Senior Level 2%
Top Level 0%
Experienced 2%
View as graph
Last Updated on April 01, 2025

How much does salary of Strategic Sourcing Manager vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Strategic Sourcing Manager is $165,239.
  • In New York, NY, the average annual salary is $153,332.
  • In Boston, MA, a Strategic Sourcing Manager earns $147,563 per year.

What is the salary trend of Strategic Sourcing Manager?

As of April 01, 2025, our research reveals a significant shift in Strategic Sourcing Manager compensation over the past six years. For example, the median salary increased from $114,902 in 2023 to approximately $108,838 in 2024. (For a detailed analysis of Strategic Sourcing Manager salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Strategic Sourcing Manager Over Time

2020
$???
2021
$???
2022
$???
$114,902
2023
$108,838
2024
$105,966
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$114,902
2024
$108,838
2025
$105,966
2026
$???
Last Updated on April 01, 2025

Strategic Sourcing Manager Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $114,902
2024 $108,838
2025 $105,966
2026 View More
Last Updated on April 01, 2025

Job Openings of Strategic Sourcing Manager

Salary.com job board provides millions of Strategic Sourcing Manager information for you to search for. Click on search button below to see Strategic Sourcing Manager job openings or enter a new job title here.

Most Common Benefits for Strategic Sourcing Manager

Based on HR-reported data: a national average with a geographic differential
Base Salary 72.5%
Bonuses 0.0%
Social Security 5.5%
401k/403b 3.0%
Disability 1.5%
Healthcare 4.6%
Pension 3.9%
Time Off 8.9%
Core Compensation
Core Compensation Median % of Total
Base Salary $132,308 72.5%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $10,122 5.5%
401K/403B $5,557 3.0%
Disability $2,646 1.5%
Healthcare $8,352 4.6%
Pension $7,145 3.9%
Time Off $16,284 8.9%
Total Compensation $182,414 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

FAQ about Strategic Sourcing Manager

1. What is the average salary of a Strategic Sourcing Manager?

The average annual salary of Strategic Sourcing Manager is $132,308. In case you are finding an easy salary calculator, the average hourly pay of Strategic Sourcing Manager is $64; the average weekly pay of Strategic Sourcing Manager is $2,544; the average monthly pay of Strategic Sourcing Manager is $11,026.

2. Where can a Strategic Sourcing Manager earn the most?

A Strategic Sourcing Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Strategic Sourcing Manager earns the most in San Jose, CA, where the annual salary of a Strategic Sourcing Manager is $166,880.

3. What is the highest pay for Strategic Sourcing Manager?

The highest pay for Strategic Sourcing Manager is $153,753.

4. What is the lowest pay for Strategic Sourcing Manager?

The lowest pay for Strategic Sourcing Manager is $108,680.

5. What are the responsibilities of Strategic Sourcing Manager?

Manages sourcing operations that build value-driven vendor partnerships with a focus on risk management, reliability, and cost-effectiveness that support overall organizational strategies. Follows structured negotiation processes to conduct supplier negotiations and contracting. Coordinates with internal stakeholders to define material, quality, and service requirements and standards. Nurtures vendor partnerships, tracks KPI's and goals and monitors scorecards to measure and evaluate vendor performance. Evaluates new sources, methods, and vendors to ensure a reliable supply of materials. Studies market intelligence and conducts frequent market analysis and benchmarking to anticipate price fluctuations. Manages processes, creates efficiencies, and controls costs using ERP systems and software tools. Requires a bachelor's degree. Typically reports to a senior manager or director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Strategic Sourcing Manager is $132,308 per year in the United States, updated at April 01, 2025.
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