How much does a Strategic Sourcing Specialist I make at companies like COPART INC in the United States? The average salary for Strategic Sourcing Specialist I at companies like COPART INC in the United States is $70,826 as of March 26, 2024, but the range typically falls between $63,238 and $79,468. 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. View the Cost of Living in Major Cities
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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)
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