How much does a Strategic Sourcing Specialist II make in the United States? The average Strategic Sourcing Specialist II salary in the United States is $80,009 as of September 25, 2023, but the range typically falls between $71,703 and $89,953. 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. View the Cost of Living in Major Cities
Conducts strategic sourcing activities supporting the organization's objectives for value-driven vendor partnerships and focused on risk management, reliability, and cost-effectiveness. Participates in supplier negotiations and contract preparation using structured processes. Coordinates with internal stakeholders to define material, quality, and service requirements and standards. Supports vendor partnerships and monitors performance using established KPI's, goals, and scorecards. Integrates new sources, methods, and vendors to ensure a reliable supply of materials. Reviews market intelligence and analysis to anticipate price fluctuations. Uses ERP systems and other software tools to manage processes, create efficiencies, and control costs. Typically requires a bachelor's degree. Typically reports to a manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2 -4 years of related experience. (Copyright 2023 Salary.com)
Take just three simple steps below to generate your own personalized salary report.
Core compensation
Includes base and annual incentives
0 - 2 years experience
Bachelor's Degree
2 - 4 years experience
Bachelor's Degree
4 - 7 years experience
Bachelor's Degree
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job TitleHead of Strategic Sourcing | Experience | EducationBachelors | Salary Compared to This Job |
Job TitleStrategic Planning Analyst II | Experience2 - 4 | EducationBachelors | Salary Compared to This Job |
Job TitleStrategic Sourcing Director | Experience | EducationBachelors | Salary Compared to This Job |
Job TitleStrategic Sourcing Manager | Experience5 + | EducationBachelors | Salary Compared to This Job |
Job TitleStrategic Sourcing Senior Manager | Experience | EducationBachelors | Salary Compared to This Job |