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Director of sourcing hiring summary. Here are some key points about hiring directors of sourcing in the United States:
Here's a step-by-step director of sourcing hiring guide:
A director of sourcing is an executive professional who supervises a team of sourcing managers that manages the supply portfolio of a company to ensure spending transparency. This director is required to direct overseas factory meetings weekly to review product development and optimize the company's overall supply chain. The director must lead cross-functional process improvement teams to enhance performance and improve product quality. This director must also maintain excellent working relationships with vendors to ensure the success of their projects.
The director of sourcing hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.
You should also consider the ideal background you'd like them a director of sourcing to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a director of sourcing that fits the bill.
This list shows salaries for various types of directors of sourcing.
| Type of Director Of Sourcing | Description | Hourly rate |
|---|---|---|
| Director Of Sourcing | Purchasing managers plan, direct, and coordinate the buying of materials, products, or services for wholesalers, retailers, or organizations. They oversee the work of procurement-related occupations including buyers and purchasing agents. | $47-96 |
| Supply Manager | A supply manager or supply chain manager is a professional who supervises the import or creation of raw materials that are to be used by the company to form new products. Supply managers are required to coordinate all aspects of the supply chain to ensure that they are efficient and cost-effective... Show more | $32-65 |
| Material Manager | A material manager is responsible for monitoring inventories and stock supplies, ensuring the adequacy of materials needed for manufacturing or other operations, depending on the organization's industry. Material managers meet with suppliers and third-party vendors, negotiating contracts that would fit the budget goals of the company without compromising quality... Show more | $34-60 |
Including a salary range in your director of sourcing job description is one of the best ways to attract top talent. A director of sourcing can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $161,746 | $78 |
| 2 | New Jersey | $157,588 | $76 |
| 3 | Pennsylvania | $156,968 | $75 |
| 4 | Massachusetts | $152,120 | $73 |
| 5 | Nevada | $142,267 | $68 |
| 6 | Illinois | $139,611 | $67 |
| 7 | Michigan | $138,453 | $67 |
| 8 | District of Columbia | $135,709 | $65 |
| 9 | Washington | $130,602 | $63 |
| 10 | New York | $129,460 | $62 |
| 11 | Ohio | $128,435 | $62 |
| 12 | Virginia | $127,500 | $61 |
| 13 | North Carolina | $127,370 | $61 |
| 14 | Utah | $122,420 | $59 |
| 15 | Minnesota | $120,384 | $58 |
| 16 | Arizona | $117,828 | $57 |
| 17 | West Virginia | $116,896 | $56 |
| 18 | Arkansas | $116,205 | $56 |
| 19 | Colorado | $111,080 | $53 |
| 20 | Texas | $110,671 | $53 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | NVIDIA | $210,999 | $101.44 | 2 |
| 2 | Brookfield Properties | $208,973 | $100.47 | 2 |
| 3 | $194,169 | $93.35 | 19 | |
| 4 | Coach | $177,058 | $85.12 | |
| 5 | Microsoft | $174,336 | $83.82 | 3 |
| 6 | Amazon | $171,257 | $82.34 | 129 |
| 7 | Minted | $171,127 | $82.27 | |
| 8 | BJ's Wholesale Club | $168,714 | $81.11 | |
| 9 | Walmart | $167,376 | $80.47 | 8 |
| 10 | Intuit | $163,410 | $78.56 | 2 |
| 11 | Intel | $162,957 | $78.34 | 7 |
| 12 | Genuine Parts | $161,336 | $77.57 | 2 |
| 13 | Western Digital | $161,250 | $77.52 | 56 |
| 14 | JCPenney | $159,603 | $76.73 | 1 |
| 15 | Montefiore Mount Vernon Hospital | $158,637 | $76.27 | |
| 16 | HERE Holding Corporation | $157,832 | $75.88 | |
| 17 | Skyworks Solutions | $155,169 | $74.60 | 3 |
| 18 | Briggs & Stratton | $153,332 | $73.72 | |
| 19 | Huron Consulting Group | $153,105 | $73.61 | 17 |
| 20 | Organon | $151,288 | $72.73 |
A director of sourcing job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of a director of sourcing job description:
To find directors of sourcing for your business, try out a few different recruiting strategies:
During your first interview to recruit directors of sourcing, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.
It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you have selected a candidate for the director of sourcing position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.
You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.
Once that's done, you can draft an onboarding schedule for the new director of sourcing. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.
Before you start to hire directors of sourcing, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire directors of sourcing pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
Directors of sourcing earn a median yearly salary is $140,924 a year in the US. However, if you're looking to find directors of sourcing for hire on a contract or per-project basis, hourly rates typically range between $47 and $96.