How much does a Strategic Sourcing Specialist I make in Chicago, IL? The average Strategic Sourcing Specialist I salary in Chicago, IL is $70,190 as of April 24, 2024, but the range typically falls between $62,672 and $78,756. 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 Specialist I Salary | $55,827 | Chicago,IL | April 24, 2024 |
25th Percentile Strategic Sourcing Specialist I Salary | $62,672 | Chicago,IL | April 24, 2024 |
50th Percentile Strategic Sourcing Specialist I Salary | $70,190 | Chicago,IL | April 24, 2024 |
75th Percentile Strategic Sourcing Specialist I Salary | $78,756 | Chicago,IL | April 24, 2024 |
90th Percentile Strategic Sourcing Specialist I Salary | $86,556 | Chicago,IL | April 24, 2024 |
Strategic Sourcing Specialist I 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 I 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 I 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 I work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Strategic Sourcing Specialist I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description
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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 I, the first career path typically starts with a Strategic Sourcing Specialist II 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 I salary varies from city to city. Compared with national average salary of Strategic Sourcing Specialist I, the highest Strategic Sourcing Specialist I salary is in San Francisco, CA, where the Strategic Sourcing Specialist I salary is 25.0% above. The lowest Strategic Sourcing Specialist I salary is in Miami, FL, where the Strategic Sourcing Specialist I 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 Analyst I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Strategic Sourcing Director | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Strategic Sourcing Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Job Title Strategic Sourcing Senior Manager | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Strategic Sourcing Specialist II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Strategic Sourcing Specialist I salary of your education level.
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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
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Strategic Sourcing Specialist I Salary in popular cities: Aurora, Rockford, Joliet
Skills associated with Strategic Sourcing Specialist I: ERP Systems, Risk Management, Vendor Relationships, Supplier Risk Management Software ...More
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