How much does a Strategic Sourcing Manager make in New York, NY? The average Strategic Sourcing Manager salary in New York, NY is $157,709 as of May 28, 2024, but the range typically falls between $136,854 and $178,353. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Percentile | Salary | Location | Last Updated |
10th Percentile Strategic Sourcing Manager Salary | $117,867 | New York,NY | May 28, 2024 |
25th Percentile Strategic Sourcing Manager Salary | $136,854 | New York,NY | May 28, 2024 |
50th Percentile Strategic Sourcing Manager Salary | $157,709 | New York,NY | May 28, 2024 |
75th Percentile Strategic Sourcing Manager Salary | $178,353 | New York,NY | May 28, 2024 |
90th Percentile Strategic Sourcing Manager Salary | $197,148 | New York,NY | May 28, 2024 |
What Should I Pay?
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. Being a Strategic Sourcing Manager 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. Additionally, Strategic Sourcing Manager 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. The Strategic Sourcing Manager 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. To be a Strategic Sourcing Manager 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. (Copyright 2024 Salary.com)... View full job description
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For Strategic Sourcing Manager, the upper level is Strategic Sourcing Senior Manager and then progresses to Strategic Sourcing Director.
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Strategic Sourcing Manager salary varies from city to city. Compared with national average salary of Strategic Sourcing Manager, the highest Strategic Sourcing Manager salary is in San Francisco, CA, where the Strategic Sourcing Manager salary is 25.0% above. The lowest Strategic Sourcing Manager salary is in Miami, FL, where the Strategic Sourcing Manager salary is 3.5% lower than national average salary.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Strategic Planning Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Job Title Strategic Planning Senior Manager | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Strategic Sourcing Director | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Strategic Sourcing Senior Manager | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Strategic Sourcing Specialist I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
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About New York, New York The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estim....More
New York, New York area prices were up 1.6% from a year ago View the Cost of Living in New York, New York
Strategic Sourcing Manager Salary in popular cities: Buffalo, Rochester, Yonkers
Skills associated with Strategic Sourcing Manager: Contract Negotiation, ERP Systems, Benchmarking, Strategic Sourcing ...More
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