How much does a Strategic Sourcing Specialist II make in Chicago, IL? The average Strategic Sourcing Specialist II salary in Chicago, IL is $85,849 as of May 28, 2024, but the range typically falls between $76,937 and $96,522. 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. 

Strategic Sourcing Specialist II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Strategic Sourcing Specialist II Salary $68,824 Chicago,IL May 28, 2024
25th Percentile Strategic Sourcing Specialist II Salary $76,937 Chicago,IL May 28, 2024
50th Percentile Strategic Sourcing Specialist II Salary $85,849 Chicago,IL May 28, 2024
75th Percentile Strategic Sourcing Specialist II Salary $96,522 Chicago,IL May 28, 2024
90th Percentile Strategic Sourcing Specialist II Salary $106,240 Chicago,IL May 28, 2024
25% $76,937 10% $68,824 90% $106,240 75% $96,522 $85,849 50%(Median) Didn’t find job title? Click
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Job Description for Strategic Sourcing Specialist II

Strategic Sourcing Specialist II conducts strategic sourcing activities supporting the organization's objectives for value-driven vendor partnerships and focused on risk management, reliability, and cost-effectiveness. Participates in supplier negotiations and contract preparation using structured processes. Being a Strategic Sourcing Specialist II coordinates with internal stakeholders to define material, quality, and service requirements and standards. Supports vendor partnerships and monitors performance using established KPI's, goals, and scorecards. Additionally, Strategic Sourcing Specialist II integrates new sources, methods, and vendors to ensure a reliable supply of materials. Reviews market intelligence and analysis to anticipate price fluctuations. Uses ERP systems and other software tools to manage processes, create efficiencies, and control costs. Typically requires a bachelor's degree. Typically reports to a manager. The Strategic Sourcing Specialist II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Strategic Sourcing Specialist II typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Strategic Sourcing Specialist II in Chicago, IL
  • DivIHN (pronounced “divine”) is a CMMI ML3-certified Technology and Talent solutions firm. Driven by a unique Purpose, Culture, and Value Delivery Model, w...
    - 1 Day Ago
  • Job Type. Full-time. Description. Ipsen is a Drug Free Workplace. As a Senior Sourcing Specialist, you will play a crucial role in ensuring the success and...
    - 3 Days Ago
  • DescriptionJOB TITLE: Strategic Sourcing Specialist (Marketing)REPORTING TO: Sr. Director, Purchasing - IndirectLOCATION: Buffalo, NY or Chicago, ILLactali...
    - 2 Days Ago
  • Specialist, Strategic Sourcing page is loaded Specialist, Strategic Sourcing Apply remote type Remote locations Chicago, IL time type Full time posted on P...
    - 5 Days Ago
  • Job Description. Job Description. The Strategic Sourcing Specialist is a vital member of the North American Strategic Procurement team. As a specialist, yo...
    - 2 Days Ago

Career Path for Strategic Sourcing Specialist II

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Strategic Sourcing Specialist II, the first career path typically starts with a Strategic Sourcing Specialist III position, and then progresses to Strategic Sourcing Specialist IV.

Additionally, the second career path typically progresses to Sustainable Sourcing Manager.

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Strategic Sourcing Specialist II salary varies from city to city. Compared with national average salary of Strategic Sourcing Specialist II, the highest Strategic Sourcing Specialist II salary is in San Francisco, CA, where the Strategic Sourcing Specialist II salary is 25.0% above. The lowest Strategic Sourcing Specialist II salary is in Miami, FL, where the Strategic Sourcing Specialist II salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Average Base Salary

Core compensation

 
 
 
76937
96522
85849

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
78778
101298
89285
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Strategic Sourcing Specialist II in Chicago, IL. The base salary for Strategic Sourcing Specialist II ranges from $76,937 to $96,522 with the average base salary of $85,849. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $78,778 to $101,298 with the average total cash compensation of $89,285.
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76937
96522

 

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About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois  area prices were up 0.8% from a year ago    View the Cost of Living in Chicago, Illinois

Strategic Sourcing Specialist II Salary in popular cities: AuroraRockfordJoliet

Skills associated with Strategic Sourcing Specialist II: Risk Management, Strategic Sourcing, Supplier Risk Management Software, ERP Systems ...More

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