How much does a Strategic Sourcing Manager make in Allenwood, NJ? The average Strategic Sourcing Manager salary in Allenwood, NJ is $144,743 as of January 26, 2023, but the range typically falls between $124,690 and $164,539. 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 Allenwood, New Jersey Allenwood is an unincorporated community and census-designated place (CDP) located within Wall Township, in Monmouth County, New Jersey, United States....More
Allenwood, New Jersey area prices were up 1.5% from a year ago View the Cost of Living in Allenwood, New Jersey
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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Includes base and annual incentives
3 - 5 years experience
5 + years experience
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