The job of a senior sourcing manager is to oversee a team that is responsible for sourcing products and services that are necessary for the company's operations. With that in mind, most of this role revolves around overseeing the activities of the team, monitoring the performance of team members, and addressing concerns as they arise.
The duties mentioned above are done on a daily basis, but on the other hand, senior sourcing managers are also responsible for coming up with strategies to optimize sourcing processes. More than that, they are in charge of building good relationships with vendors and suppliers so that they are better and able to negotiate costs.
When hiring for this role, many employers prefer candidates with a college degree in business, finance, supply chain management, or other similar major. They also prefer candidates that have substantial experience in a similar role, with proven skills in leadership, negotiation, client relations, and communication.
If you become a senior sourcing manager, your average salary could be a whopping $130,000 per year, which is rightfully high given the amount of responsibility that this role comes with.
How to Become a Senior Sourcing Manager
There is more than meets the eye when it comes to being a senior sourcing manager. For example, did you know that they make an average of $57.45 an hour? That's $119,492 a year!
Between 2018 and 2028, the career is expected to grow -6% and produce -29,200 job opportunities across the U.S.
What Does a Senior Sourcing Manager Do
There are certain skills that many senior sourcing managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, decisionmaking skills and math skills.
How To Become a Senior Sourcing Manager
If you're interested in becoming a senior sourcing manager, one of the first things to consider is how much education you need. We've determined that 69.1% of senior sourcing managers have a bachelor's degree. In terms of higher education levels, we found that 19.4% of senior sourcing managers have master's degrees. Even though most senior sourcing managers have a college degree, it's impossible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a senior sourcing manager. When we researched the most common majors for a senior sourcing manager, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on senior sourcing manager resumes include associate degree degrees or doctoral degree degrees.
You may find that experience in other jobs will help you become a senior sourcing manager. In fact, many senior sourcing manager jobs require experience in a role such as purchasing manager. Meanwhile, many senior sourcing managers also have previous career experience in roles such as senior buyer or buyer.
Senior Sourcing Manager Career Paths
In addition to switching up your job search, it might prove helpful to look at a career path for your specific job. Now, what's a career path you ask? Well, it's practically a map that shows how you might advance from one job title to another. Our career paths are especially detailed with salary changes. So, for example, if you started out with the role of director of global sourcing you might progress to a role such as vice president eventually. Later on in your career, you could end up with the title supply chain vice president.
Average Salary for a Senior Sourcing Manager
What Am I Worth?
Top Colleges for Senior Sourcing Managers
1. Stanford University
Stanford, CA • Private
2. University of Pennsylvania
Philadelphia, PA • Private
3. Northwestern University
Evanston, IL • Private
4. Maine Maritime Academy
Castine, ME • Private
5. University of Southern California
Los Angeles, CA • Private
6. California State University - Bakersfield
Bakersfield, CA • Private
7. SUNY at Binghamton
Vestal, NY • Private
8. Villanova University
Villanova, PA • Private
9. San Diego State University
San Diego, CA • Private
10. Bentley University
Waltham, MA • Private
Top Skills For a Senior Sourcing Manager
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 18.0% of senior sourcing managers listed supplier performance on their resume, but soft skills such as analytical skills and decisionmaking skills are important as well.
Choose From 10+ Customizable Senior Sourcing Manager Resume templates
Zippia allows you to choose from different easy-to-use Senior Sourcing Manager templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Senior Sourcing Manager resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
Senior Sourcing Manager Demographics
Senior Sourcing Manager Gender Distribution
After extensive research and analysis, Zippia's data science team found that:
- Among senior sourcing managers, 36.1% of them are women, while 63.9% are men.
- The most common race/ethnicity among senior sourcing managers is White, which makes up 73.3% of all senior sourcing managers.
- The most common foreign language among senior sourcing managers is Spanish at 28.0%.
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Best States For a Senior Sourcing Manager
Some places are better than others when it comes to starting a career as a senior sourcing manager. The best states for people in this position are California, Washington, Pennsylvania, and Michigan. Senior sourcing managers make the most in California with an average salary of $159,810. Whereas in Washington and Pennsylvania, they would average $158,754 and $157,522, respectively. While senior sourcing managers would only make an average of $155,269 in Michigan, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
1. Washington
$158,754
Avg. Salary
2. Pennsylvania
$157,522
Avg. Salary
3. California
$159,810
Avg. Salary
How Do Senior Sourcing Manager Rate Their Jobs?
Top Senior Sourcing Manager Employers
Most Common Employers For Senior Sourcing Manager
| Rank  | Company  | Average Salary  | Hourly Rate  | Job Openings  |
|---|---|---|---|---|
| 1 | A.T. Kearney | $193,023 | $92.80 | 19 |
| 2 | Microsoft | $170,872 | $82.15 | 11 |
| 3 | Whirlpool | $170,642 | $82.04 | 10 |
| 4 | Nokia | $155,538 | $74.78 | 9 |
| 5 | Walmart | $147,370 | $70.85 | 24 |
| 6 | Target | $139,504 | $67.07 | 9 |
| 7 | Edwards Lifesciences | $139,495 | $67.06 | 6 |
| 8 | Gap Inc. | $134,552 | $64.69 | 8 |
| 9 | CapTech | $133,854 | $64.35 | 5 |
| 10 | Express Scripts Holding | $131,732 | $63.33 | 6 |
Senior Sourcing Manager Videos
