How much does a Strategic Sourcing Specialist III make in the United States? The average Strategic Sourcing Specialist III salary in the United States is $102,198 as of March 26, 2024, but the range typically falls between $89,735 and $115,008. 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 III Salary | $78,387 | US | March 26, 2024 |
25th Percentile Strategic Sourcing Specialist III Salary | $89,735 | US | March 26, 2024 |
50th Percentile Strategic Sourcing Specialist III Salary | $102,198 | US | March 26, 2024 |
75th Percentile Strategic Sourcing Specialist III Salary | $115,008 | US | March 26, 2024 |
90th Percentile Strategic Sourcing Specialist III Salary | $126,671 | US | March 26, 2024 |
Sr. Human Resources Specialist
Valmark Financial Group - Akron, OH
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Strategic Sourcing Specialist III 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 III 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 III 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 III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Strategic Sourcing Specialist III typically requires 4 -7 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 III, the first career path typically starts with a Strategic Sourcing Specialist IV position, and then progresses to Strategic Sourcing Specialist V.
Additionally, the second career path typically progresses to Sustainable Sourcing Manager.
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Strategic Sourcing Specialist III salary varies from city to city. Compared with national average salary of Strategic Sourcing Specialist III, the highest Strategic Sourcing Specialist III salary is in San Francisco, CA, where the Strategic Sourcing Specialist III salary is 25.0% above. The lowest Strategic Sourcing Specialist III salary is in Miami, FL, where the Strategic Sourcing Specialist III salary is 3.5% lower than national average salary.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Head of Strategic Sourcing | Experience | 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 I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Strategic Sourcing Specialist III salary of your education level.
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Skills associated with Strategic Sourcing Specialist III: Strategic Sourcing, Supplier Risk Management Software, Risk Management, ERP Systems ...More
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