Strategic Sourcing Manager Salary in Adelphia, New Jersey

How much does a Strategic Sourcing Manager make in Adelphia, NJ? The average Strategic Sourcing Manager salary in Adelphia, NJ is $144,268 as of December 27, 2022, but the range typically falls between $124,275 and $163,996. 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. 

About Adelphia, New Jersey    Adelphia is an unincorporated community located within Howell Township in Monmouth County, New Jersey, United States. The area is served as United Sta....More

Adelphia, New Jersey  area prices were up 1.5% from a year ago    View the Cost of Living in Adelphia, New Jersey

Job Description

Manages sourcing operations that build value-driven vendor partnerships with a focus on risk management, reliability, and cost-effectiveness that support overall organizational strategies. Follows structured negotiation processes to conduct supplier negotiations and contracting. Coordinates with internal stakeholders to define material, quality, and service requirements and standards. Nurtures vendor partnerships, tracks KPI's and goals and monitors scorecards to measure and evaluate vendor performance. Evaluates new sources, methods, and vendors to ensure a reliable supply of materials. Studies market intelligence and conducts frequent market analysis and benchmarking to anticipate price fluctuations. Manages processes, creates efficiencies, and controls costs using ERP systems and software tools. Requires a bachelor's degree. Typically reports to a senior manager or director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2023 Salary.com)

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Understand the total compensation opportunity for a Strategic Sourcing Manager, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
124275
163996
144268

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
131048
181929
153418
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Strategic Sourcing Manager in Adelphia, NJ. The base salary for Strategic Sourcing Manager ranges from $124,275 to $163,996 with the average base salary of $144,268. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $131,048 to $181,929 with the average total cash compensation of $153,418.
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124275
163996

 

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Career Path for this job

  1. Down a level:

    Strategic Sourcing Supervisor

    3 - 5 years experience
    Bachelor's Degree

  2. This Job:

    Strategic Sourcing Manager

    5 + years experience
    Bachelor's Degree

  3. Up a level:

    Strategic Sourcing Senior Manager


    Bachelor's Degree

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Job Openings for Strategic Sourcing Manager in Adelphia, NJ