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Salary and Benefits

Strategic Sourcing Specialist
$52K-$63K / yr. (est.)
$52K
$57,935 / year
$64K
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 Strategic Sourcing Specialist

What does a Strategic Sourcing Specialist do?

As strategic sourcing specialists, we work to improve strategies and optimize the supply chains and buying processes of an organization. Our primary job duty is building up relations with the suppliers. We have to perform several tasks including negotiating prices and managing deals that help a company to flourish. Being strategic sourcing specialists, we have to improve the sourcing techniques of the company efficiently. We work as a third party. Our job responsibility is to advise and make recommendations to heads of businesses. Obtaining materials and services at the best possible prices is one of the key tasks of our job.

Core tasks:

  • obtaining quotations from various suppliers for purchasing operations
  • offering solutions to optimize the company’s budget and subcontracts
  • assembling all cost assessments and making the right decision

Insights

How Many Years of Experience Do Professionals Need Before Becoming Strategic Sourcing Specialist?
On average, people work 7+ years in other positions prior to becoming a Strategic Sourcing Specialist.
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Strategic Sourcing SpecialistNew York City, NY - A year ago
To the people saying 7+ years is too long! 😠 You can't become a pro overnight! It takes time, dedication, and a deep understanding of the industry!
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Strategic Sourcing SpecialistSan Francisco, CA - A year ago
😤 7+ years of hard work and experience, people! It's the only way to gain the necessary skills and expertise in strategic sourcing!
How Long Do Strategic Sourcing Specialist Employees Typically Stay in Their Roles?
On average, Strategic Sourcing Specialists works in this position for 3-5 years across multiple employers.
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HR ManagerNew York City, NY - A year ago
It's disheartening that Strategic Sourcing Specialists are often not given the recognition they deserve, leading to job dissatisfaction. 😠
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Operations CoordinatorSan Francisco, CA - A year ago
Strategic Sourcing Specialists play a vital role in managing suppliers and ensuring cost-effectiveness. We need to appreciate their skills! ✨
What Is the Job Hopper Score for Strategic Sourcing Specialist Employees?
Moderate job changes in Strategic Sourcing Specialist, showing some career movement without excessive turnover.
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Purchasing CoordinatorHouston, TX - A year ago
So what? I've seen enough. We do what's required, clock out, and move on. This is just a job, not a passion.
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Logistics SpecialistMiami, FL - A year ago
I find this infographic quite informative. It highlights job changes, which allow for diverse skill sets and adaptability in an ever-evolving field.

Career path

Path to job

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

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Strategic Sourcing Specialist Employees?
Gender ratio in Strategic Sourcing Specialist position: 0.592207792207792 Male and 0.407792207792208 Female. Age ratio in Strategic Sourcing Specialist position: 16-20: 2%, 21-30: 61%, 31-40: 25%, 41-50: 8%, 51-60: 3%, 60+: 1%. Strategic Sourcing Specialist position is predominantly male (59.2%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Strategic Sourcing SpecialistSeattle, WA - A year ago
As a man in my early 20s, I feel like I'm surrounded by people my age in this field. 🤷
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Strategic Sourcing SpecialistNew York City, NY - A year ago
Well, it's clear which age group has the most experience and expertise, considering they make up only 1% of the field. 🧐

Workplaces

Who Are the Top Employers for Strategic Sourcing Specialist?
Top employers of Strategic Sourcing Specialist position: Cigna, JLL, Medtronic. People who work in Strategic Sourcing Specialist position most typically go on to work for the Cigna.
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Strategic Sourcing SpecialistHouston, TX - A year ago
I heard Cigna provides excellent benefits to their employees!
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Strategic Sourcing SpecialistBoston, MA - A year ago
I've always wanted to work for JLL. They're known for their great corporate culture!
Cigna
JLL
Medtronic
What Industries Does Strategic Sourcing Specialist Typically Have Experience In?
Industry Background: The most typical industries of Strategic Sourcing Specialist: Manufacturing, Professional / Scientific / Technical, Retail, Health Care, Information Technology. Strategic Sourcing Specialist employees most likely come from a Manufacturing industry background.
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Strategic Sourcing SpecialistHouston, TX - A year ago
Y'all, being a Strategic Sourcing Specialist in manufacturing ain't no joke. Gotta balance cost, quality, AND supplier relationships. It's a tough gig! 🤯
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Strategic Sourcing SpecialistMiami, FL - A year ago
I don't know how y'all deal with being a Strategic Sourcing Specialist. It just sounds like a glorified purchasing job 🙄

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Discussion about Strategic Sourcing Specialist

Want to know more about Strategic Sourcing Specialist position?
Share your thoughts and ideas about Strategic Sourcing Specialist position with others in our community.
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Is Strategic Sourcing Specialist a female or male dominated profession?
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Isabella Holmes4 years ago
This is a well balanced profession, about half of the people are women.
How old are people who work as a Strategic Sourcing Specialist?
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Isabella Holmes4 years ago
30 is the average age of people working as a Strategic Sourcing Specialist.
How many years of experience do you usually have as a Strategic Sourcing Specialist?
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Liam Brown4 years ago
You need 7 years of experience to work as a Strategic Sourcing Specialist.
Which industries are highly likely to employ a Strategic Sourcing Specialist?
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Liam Brown4 years ago
Manufacturing employs the most.
Do I need a degree to work as a Strategic Sourcing Specialist?
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Benjamin Gardner4 years ago
Bachelor of Science degree is the typical for a Strategic Sourcing Specialist
Where are you working as a Strategic Sourcing Specialist?
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Liam Brown4 years ago
Cigna, JLL, Medtronic, National Grid USA and Veritiv has the most employees.
How long do you usually work as a Strategic Sourcing Specialist before changing to another position?
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Liam Brown4 years ago
On average people change after 4 years.
Is it common for people to switch companies and still work as a Strategic Sourcing Specialist?
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Liam Brown4 years ago
On average a Strategic Sourcing Specialist works for only a few companies.
What occupations do people usually work in before becoming a Strategic Sourcing Specialist?
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Sophie Hayes4 years ago
Typical prior positions for a Strategic Sourcing Specialist are Buyer, Buyer Planner or Sourcing Specialist
What typical professions people working as a Strategic Sourcing Specialist switch to?
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Isabella Holmes4 years ago
Working as Strategic Sourcing Specialist consider Strategic Sourcing Manager, Buyer or Commodity Manager as a next step in your career.
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