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Salary and Benefits

Sourcing Specialist
$46K-$56K / yr. (est.)
$46K
$51,193 / year
$56K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Sourcing Specialist

What does a Sourcing Specialist do?

As Sourcing Specialists, we are responsible for purchasing materials and services following organizational requirements. We assist in researching domestic and international potential suppliers. We select procurement sources as per the company’s needs. Developing sourcing and negotiating strategies is also part of our duty. We implement these strategies to achieve long-term and short-term saving targets. We also serve to execute agreements based on negotiations. Working as Sourcing Specialists, we are responsible for managing and engaging with suppliers to achieve organizational objectives. We issue purchase orders to the appropriate vendors. Finally, we ensure the compliance of all vendors with regulatory guidelines and policies.

Core tasks:

  • selecting domestic and international procurement sources
  • tracking orders to ensure delivery as per agreed terms
  • ensuring implementation of standards and guidelines
  • collecting and recording data for capital purchases and inventory control

Insights

How Many Years of Experience Do Professionals Need Before Becoming Sourcing Specialist?
On average, people work 7+ years in other positions prior to becoming a Sourcing Specialist.
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IT SpecialistBuffalo, NY - 11 months ago
Why would someone wait that long? I started my career as a Sourcing Specialist right away! 🤷
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Data AnalystSan Francisco, CA - 11 months ago
🙄 So, it's like a stepping stone occupation for a lot of people? Interesting.
How Long Do Sourcing Specialist Employees Typically Stay in Their Roles?
On average, Sourcing Specialists works in this position for 3-5 years across multiple employers.
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Software EngineerSan Francisco, CA - 11 months ago
Interesting! In the tech industry, job-hopping is often seen as a way to gain new skills and remain marketable. However, it can also be disruptive to team dynamics and project continuity.
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Operations ManagerHouston, TX - 11 months ago
🙄 This constant turnover puts additional pressure on managers to constantly train new hires. Companies should invest more in employee development and focus on increasing job satisfaction.
What Is the Job Hopper Score for Sourcing Specialist Employees?
Moderate job changes in Sourcing Specialist, showing some career movement without excessive turnover.
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Purchasing AssistantHouston, TX - 11 months ago
this infographic honestly surprises me 😮 I never thought sourcing could offer such varied career paths!
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BuyerMiami, FL - 11 months ago
I've worked my way up the sourcing ladder and seeing this image only confirms my belief in seizing opportunities and growing in the field. 💪

Career path

Path to job

Discover a Sourcing Specialist's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Sourcing Specialist typically studied at.
Michigan State University
North Carolina State University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Sourcing Specialist Employees?
Gender ratio in Sourcing Specialist position: 0.5228889943074 Male and 0.4771110056926 Female. Age ratio in Sourcing Specialist position: 16-20: 4%, 21-30: 69%, 31-40: 18%, 41-50: 7%, 51-60: 2%, 60+: 0%. Sourcing Specialist position is predominantly male (52.3%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Sourcing SpecialistChicago, IL - 11 months ago
It's definitely a mix of both, but it's important to acknowledge that discrimination still exists. We need to encourage more women to pursue careers in traditionally male-dominated fields. 👩
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Sourcing SpecialistMiami, FL - 11 months ago
Guys, instead of arguing, how about we focus on promoting inclusivity and diversity in the workplace? We'll all benefit from it. 🌍

Workplaces

Who Are the Top Employers for Sourcing Specialist?
Top employers of Sourcing Specialist position: Grainger, Parker Hannifin Corporation, Schlumberger. People who work in Sourcing Specialist position most typically go on to work for the Grainger.
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Sourcing SpecialistPhiladelphia, PA - 11 months ago
I've heard great things about Parker Hannifin Corporation. They prioritize employee growth and development.
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Sourcing SpecialistChicago, IL - 11 months ago
Schlumberger offers incredible global opportunities that Grainger can't even compete with.
Grainger
Parker Hannifin Corporation
Schlumberger
What Industries Does Sourcing Specialist Typically Have Experience In?
Industry Background: The most typical industries of Sourcing Specialist: Professional / Scientific / Technical, Manufacturing, Retail, Information Technology, Administrative & Support. Sourcing Specialist employees most likely come from a Professional / Scientific / Technical industry background.
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Sourcing SpecialistNew York City, NY - 11 months ago
What software or tools do you use as a Sourcing Specialist in the information technology industry? 👩
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Sourcing SpecialistMiami, FL - 11 months ago
Y'all are talking about different industries, but let me tell you, the challenges faced by a Sourcing Specialist in the administrative & support field are totally unique! 👀

Find your job as Sourcing Specialist

Discussion about Sourcing Specialist

Want to know more about Sourcing Specialist position?
Share your thoughts and ideas about Sourcing Specialist position with others in our community.
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Is Sourcing Specialist a female or male dominated profession?
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Liam Brown3 years ago
The women/men ratio is well balanced.
How old are people who work as a Sourcing Specialist?
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Liam Brown3 years ago
The average age is 28
Is a Sourcing Specialist considered to be a junior profession?
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Benjamin Gardner3 years ago
You probably need around 7 years to work as a Sourcing Specialist
Which industries does a Sourcing Specialist typically work in?
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Liam Brown3 years ago
Manufacturing is the most frequent for a Sourcing Specialist.
What kind of degree is needed to work as a Sourcing Specialist?
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Sophie Hayes3 years ago
Most people have a Bachelor of Science degree
Where are you working as a Sourcing Specialist?
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Sophie Hayes3 years ago
Grainger, Parker Hannifin Corporation, Schlumberger, TEKsystems and Volt Workforce Solutions has the most employees.
How long do people usually work as a Sourcing Specialist when they switch to another position?
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Liam Brown3 years ago
On average people change after 4 years.
Is it common for people to switch companies and still work as a Sourcing Specialist?
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Isabella Holmes3 years ago
On average a Sourcing Specialist works for only a few companies.
What do people usually work as before switching to Sourcing Specialist?
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Isabella Holmes3 years ago
Typical prior positions for a Sourcing Specialist are Buyer, Recruiter or Procurement Specialist
Working as a Sourcing Specialist what job titles should I consider to switch to?
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Benjamin Gardner3 years ago
Consider the following: Recruiter, Senior Sourcing Specialist or Buyer
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Disclaimer

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