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Working as a Senior Sourcing Specialist

A senior sourcing specialist is responsible for planning and purchasing material, organized by specific commodities, and supporting new product launches. They also manage commodities assigned to them for quality, delivery, and cost to meet the department and company's goals and objectives. They also develop partnerships with key suppliers that support the overall operational excellence goals.

Senior sourcing specialists build relationships with suppliers to facilitate the sourcing process and negotiate deals and contracts with suppliers to ensure budgetary compliance. Moreover, they also draft contracts that will be reviewed by both the company and suppliers. Lastly, they must understand the company's commodities and have an in-depth knowledge of the industry they are working in. Essential skills include having sourcing experience, a deep understanding of the commodity, and computer skills. As this is a senior post, a master's degree in an industry-related field is required along with at least five years of experience, although more is preferred.

The average hourly salary for the position is $36.37, which amounts to $75,654 annually. The senior post comes with a lot of responsibilities to fulfil, but provides necessary compensation as well.

There is more than meets the eye when it comes to being a senior sourcing specialist. For example, did you know that they make an average of $36.37 an hour? That's $75,654 a year!

What Does a Senior Sourcing Specialist Do

There are certain skills that many senior sourcing specialists 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, math skills and negotiating skills.

When it comes to the most important skills required to be a senior sourcing specialist, we found that a lot of resumes listed 14.4% of senior sourcing specialists included potential candidates, while 12.5% of resumes included supplier performance, and 10.0% of resumes included linkedin. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the senior sourcing specialist job title. But what industry to start with? Most senior sourcing specialists actually find jobs in the technology and manufacturing industries.

How To Become a Senior Sourcing Specialist

If you're interested in becoming a senior sourcing specialist, one of the first things to consider is how much education you need. We've determined that 58.1% of senior sourcing specialists have a bachelor's degree. In terms of higher education levels, we found that 28.5% of senior sourcing specialists have master's degrees. Even though most senior sourcing specialists have a college degree, it's possible 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 specialist. When we researched the most common majors for a senior sourcing specialist, 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 specialist resumes include associate degree degrees or high school diploma degrees.

You may find that experience in other jobs will help you become a senior sourcing specialist. In fact, many senior sourcing specialist jobs require experience in a role such as recruiter. Meanwhile, many senior sourcing specialists also have previous career experience in roles such as senior buyer or purchasing manager.

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Average Salary$75,654
Job Growth Rate-6%

Senior Sourcing Specialist Career Paths

Top Careers Before Senior Sourcing Specialist

Recruiter
10.8 %

Top Careers After Senior Sourcing Specialist

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Senior Sourcing Specialist

Senior Sourcing Specialists in America make an average salary of $75,654 per year or $36 per hour. The top 10 percent makes over $92,000 per year, while the bottom 10 percent under $62,000 per year.
Average Salary
$75,654

Best Paying Cities

City
Average Salary
San Francisco, CA
Salary Range70k - 113k$90k$89,582
Seattle, WA
Salary Range71k - 104k$86k$86,158
Pittsburgh, PA
Salary Range68k - 104k$85k$84,642
Portland, OR
Salary Range67k - 99k$82k$82,039
Austin, TX
Salary Range63k - 100k$80k$79,763
Boston, MA
Salary Range64k - 95k$79k$78,753
$49k
$113k

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Senior Sourcing and Contracts Specialist
Senior Sourcing and Contracts Specialist
Randstad
Randstad
01/27/2021
01/27/2021
$116,85101/27/2021
$116,851
Sourcing Specialist II/Sourcing Specialist SR.
Sourcing Specialist II/Sourcing Specialist SR.
Evergy
Evergy
10/29/2020
10/29/2020
$64,10010/29/2020
$64,100
Sourcing Specialist II/Sourcing Specialist SR.
Sourcing Specialist II/Sourcing Specialist SR.
Wolf Creek Nuclear Operating Corporation
Wolf Creek Nuclear Operating Corporation
10/29/2020
10/29/2020
$64,10010/29/2020
$64,100
Senior Strategy Sourcing Specialist
Senior Strategy Sourcing Specialist
Randstad
Randstad
10/16/2020
10/16/2020
$83,48010/16/2020
$83,480
Senior Sourcing and Contracts Specialist
Senior Sourcing and Contracts Specialist
Randstad
Randstad
08/28/2020
08/28/2020
$62,61008/28/2020
$62,610
See More Recent Salaries

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Senior Sourcing Specialist Demographics

Gender

male

51.1 %

female

44.7 %

unknown

4.1 %

Ethnicity

White

71.1 %

Hispanic or Latino

10.6 %

Black or African American

8.8 %

Foreign Languages Spoken

Spanish

31.3 %

Chinese

18.8 %

Mandarin

12.5 %
See More Demographics

Senior Sourcing Specialist Education

Majors

Business
41.8 %

Degrees

Bachelors

58.1 %

Masters

28.5 %

Associate

7.3 %

Top Colleges for Senior Sourcing Specialists

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

3. SUNY Farmingdale

Farmingdale, NY • Public

In-State Tuition
$8,306
Enrollment
9,394

4. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

5. University of Minnesota - Twin Cities

Minneapolis, MN • Public

In-State Tuition
$14,760
Enrollment
31,451

6. SUNY College at Plattsburgh

Plattsburgh, NY • Public

In-State Tuition
$8,369
Enrollment
5,229

7. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

8. Baylor University

Waco, TX • Private

In-State Tuition
$45,542
Enrollment
14,159

9. SUNY College of Technology at Alfred

Alfred, NY • Public

In-State Tuition
$8,570
Enrollment
3,721

10. Syracuse University

Syracuse, NY • Private

In-State Tuition
$51,853
Enrollment
14,759
See More Education Info
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Top Skills For a Senior Sourcing Specialist

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, 14.4% of senior sourcing specialists listed potential candidates on their resume, but soft skills such as analytical skills and math skills are important as well.

Best States For a Senior Sourcing Specialist

Some places are better than others when it comes to starting a career as a senior sourcing specialist. The best states for people in this position are Pennsylvania, Vermont, Washington, and Maine. Senior sourcing specialists make the most in Pennsylvania with an average salary of $87,005. Whereas in Vermont and Washington, they would average $86,561 and $85,288, respectively. While senior sourcing specialists would only make an average of $84,466 in Maine, 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. Arizona

Total Senior Sourcing Specialist Jobs:
61
Highest 10% Earn:
$125,000
Location Quotient:
2.06
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Pennsylvania

Total Senior Sourcing Specialist Jobs:
55
Highest 10% Earn:
$129,000
Location Quotient:
0.79
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. District of Columbia

Total Senior Sourcing Specialist Jobs:
20
Highest 10% Earn:
$129,000
Location Quotient:
1.63
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Top Senior Sourcing Specialist Employers

1. Target
4.6
Avg. Salary: 
$93,383
Senior Sourcing Specialists Hired: 
39+
2. Whirlpool
4.8
Avg. Salary: 
$73,541
Senior Sourcing Specialists Hired: 
29+
3. Cummins
4.7
Avg. Salary: 
$70,819
Senior Sourcing Specialists Hired: 
25+
4. Microsoft
4.9
Avg. Salary: 
$108,086
Senior Sourcing Specialists Hired: 
10+
5. J. C. Penney
4.2
Avg. Salary: 
$94,469
Senior Sourcing Specialists Hired: 
8+
6. GEP Worldwide
3.8
Avg. Salary: 
$77,627
Senior Sourcing Specialists Hired: 
8+

Senior Sourcing Specialist Videos

Updated October 2, 2020