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About Sourcing Manager

What does a Sourcing Manager do?

As Sourcing Managers, we are responsible for handling the company’s sourcing operations such as spending, supplying all the partners, and searching for new possibilities. We manage the company’s supply portfolio by analyzing and calculating the costs of procurements and providing methods to decrease expenditure. We develop negotiation strategies and secure profitable deals with the optimization of sourcing procedures, maximizing the efficiency, discovering, and then partnering with trustworthy vendors and suppliers.

Core tasks:

  • guarentee agreement on terms and processes by cooperating with stakeholders
  • research and anticipate shifts in the negotiating power of suppliers
  • perform cost and scenario analysis and benchmarking
  • estimate risks and apply risk minimizing techniques

Insights

How Many Years of Experience Do Professionals Need Before Becoming Sourcing Manager?
On average, people work 7+ years in other positions prior to becoming a Sourcing Manager.
How Long Do Sourcing Manager Employees Typically Stay in Their Roles?
On average, Sourcing Managers works in this position for 3-5 years across multiple employers.
What Is the Job Hopper Score for Sourcing Manager Employees?
Moderate job changes in Sourcing Manager, showing some career movement without excessive turnover.

Career path

Path to job

Discover a Sourcing Manager's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Sourcing Manager typically studied at.
Fashion Institute of Technology
Michigan State University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Sourcing Manager Employees?
Gender ratio in Sourcing Manager position: 0.610242179616549 Male and 0.389757820383451 Female. Age ratio in Sourcing Manager position: 16-20: 2%, 21-30: 44%, 31-40: 37%, 41-50: 13%, 51-60: 4%, 60+: 0%. Sourcing Manager position is predominantly male (61.0%) with the largest age group being 21-30 years old, followed by 31-40 years old.

Workplaces

Who Are the Top Employers for Sourcing Manager?
Top employers of Sourcing Manager position: AT&T, Cummins, Facebook. People who work in Sourcing Manager position most typically go on to work for the AT&T.
AT&T
Cummins
Facebook
What Industries Does Sourcing Manager Typically Have Experience In?
Industry Background: The most typical industries of Sourcing Manager: Retail, Manufacturing, Information Technology, Professional / Scientific / Technical, Finance & Insurance. Sourcing Manager employees most likely come from a Retail industry background.

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Discussion about Sourcing Manager

Want to know more about Sourcing Manager position?
Share your thoughts and ideas about Sourcing Manager position with others in our community.
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Which qualifications are required for Sourcing Manager?
Will I have a lot of responsibility if I start working as a Sourcing Manager?
How much experience do I need for Sourcing Manager?
Does a freelancer work as a Sourcing Manager?
What typical interview questions do you have to answer?
How was your hiring experience when you applied for a job as a Sourcing Manager?
Are the working conditions good if you work as a Sourcing Manager?
Is being a Sourcing Manager lucrative?
What do people working as a Sourcing Manager wear?
Should I expect job growth for Sourcing Manager jobs?
Which colleges / universities would be the best if I want to be a Sourcing Manager?
Do a lot of women work as a Sourcing Manager?
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Liam BrownFebruary 12, 2021
More men than women work as a Sourcing Manager.
What is the typical age to work as a Sourcing Manager?
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Liam BrownFebruary 12, 2021
32 is the average age of people working as a Sourcing Manager.
How many years of experience do you usually have as a Sourcing Manager?
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Sophie HayesFebruary 12, 2021
You should work for 7 years on average to become a Sourcing Manager.
Which industries are highly likely to employ a Sourcing Manager?
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Sophie HayesFebruary 12, 2021
Manufacturing is the most frequent for a Sourcing Manager.
Do I need a degree to work as a Sourcing Manager?
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Sophie HayesFebruary 12, 2021
Most people have a Bachelor of Science degree
As a Sourcing Manager, which company should I definitely check out for jobs?
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Benjamin GardnerFebruary 12, 2021
Working as a Sourcing Manager it might be a good next step to work for AT&T, Cummins, Facebook, Target and Walmart
How long do you usually work as a Sourcing Manager before changing to another position?
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Benjamin GardnerFebruary 12, 2021
A Sourcing Manager typically changes positions after 4 years.
Is it common for people to switch companies and still work as a Sourcing Manager?
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Benjamin GardnerFebruary 12, 2021
A typical Sourcing Manager might work for one or two companies.
What do people usually work as before switching to Sourcing Manager?
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Sophie HayesFebruary 12, 2021
Buyer, Purchasing Manager or Strategic Sourcing Manager are the typical prior positions for a Sourcing Manager
What are the typical next steps for someone working as a Sourcing Manager?
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Liam BrownFebruary 12, 2021
Changing from a Sourcing Manager to Strategic Sourcing Manager, Procurement Manager or Director, Strategic Sourcing is a typical career path.
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Disclaimer

informationLENSA generates certain information provided on this website by compiling and analyzing publicly available data and data from employees/former employees. All company names are the registered trademarks of their original owners. The use of any trade name or trademark does not imply any association with the third-party company. None of the information provided is endorsed in any way by any of the companies mentioned. We do not guarantee the accuracy, currency, or suitability of this information (including regarding demographics or salary estimate) and you are responsible for how you use it. ALL INFORMATION IS PROVIDED “AS IS” AND “WITH ALL FAULTS”. We are not responsible for nor endorse third party content on our website. If you notice any inaccurate information or information you think is proprietary you can email us at [email protected]. See our Terms and Conditions and Community Guidelines for more information.