Strategic Sourcing Manager Salary in New Jersey

How much does a Strategic Sourcing Manager make in New Jersey? The average Strategic Sourcing Manager salary in New Jersey is $143,268 as of November 23, 2022, but the range typically falls between $123,416 and $162,862. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession. View the Cost of Living in New Jersey

About New Jersey    New Jersey is bordered on the north and northeast by New York (parts of which are across the Hudson River, Upper New York Bay, the Kill Van Kull, Newa....More

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 2022 Salary.com)

Select a city to view specific salary and bonus information for Strategic Sourcing Manager

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Location Avg. Salary Date Updated
Location Absecon, NJ Avg. Salary $137,756 Date Updated November 23, 2022
Location Adelphia, NJ Avg. Salary $145,000 Date Updated November 23, 2022
Location Allamuchy, NJ Avg. Salary $144,865 Date Updated November 23, 2022
Location Allendale, NJ Avg. Salary $147,720 Date Updated November 23, 2022
Location Allenhurst, NJ Avg. Salary $146,103 Date Updated November 23, 2022
Location Allentown, NJ Avg. Salary $138,339 Date Updated November 23, 2022
Location Allenwood, NJ Avg. Salary $145,222 Date Updated November 23, 2022
Location Alloway, NJ Avg. Salary $136,476 Date Updated November 23, 2022
Location Alpine, NJ Avg. Salary $147,592 Date Updated November 23, 2022
Location Andover, NJ Avg. Salary $145,979 Date Updated November 23, 2022

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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