WHAT IS A SENIOR STRATEGIC SOURCING MANAGER JOB?
A senior strategic sourcing manager is a professional who oversees the procurement process of goods and services for a company. They coordinate with suppliers, negotiate contracts, and ensure that the company is getting the best value for their money. The role requires a strategic mindset, excellent communication skills, and the ability to manage a team effectively.
WHAT USUALLY DO IN THIS POSITION?
Senior strategic sourcing managers are responsible for developing and implementing procurement strategies that align with the company's overall goals. They work closely with other departments to identify the company's needs and find the best suppliers to meet those needs. They negotiate contracts with suppliers and manage the relationship with them to ensure that the company is getting the best possible value.
In addition to managing the procurement process, senior strategic sourcing managers are also responsible for managing a team of procurement professionals. They provide guidance and support to their team to ensure that they are meeting their goals and objectives.
TOP 5 SKILLS FOR POSITION
- Strategic thinking
- Negotiation skills
- Leadership and management skills
- Excellent communication skills
- Analytical skills
HOW TO BECOME THIS TYPE OF SPECIALIST
To become a senior strategic sourcing manager, you typically need a bachelor's degree in a related field, such as business or supply chain management. Many companies also require several years of experience in procurement or supply chain management.
To advance to a senior position, you may need to obtain additional certifications, such as a Certified Professional in Supply Management (CPSM) or a Certified Supply Chain Professional (CSCP). These certifications demonstrate your expertise in the field and can make you a more competitive candidate for senior-level roles.
AVERAGE SALARY
According to data from Glassdoor, the average salary for a senior strategic sourcing manager in the United States is around $120,000 per year. However, salaries can vary depending on factors such as experience, location, and industry.
ROLES AND TYPES
Senior strategic sourcing managers can work in a variety of industries, including manufacturing, healthcare, and technology. They may also work for government agencies or non-profit organizations.
Within a company, senior strategic sourcing managers may have different titles depending on the size and structure of the organization. Some common titles include procurement manager, sourcing director, and purchasing manager.
LOCATIONS WITH THE MOST POPULAR JOBS IN USA
According to data from Glassdoor, some of the top locations for senior strategic sourcing manager jobs in the United States include:
- New York, NY
- San Francisco, CA
- Chicago, IL
- Atlanta, GA
- Houston, TX
WHAT ARE THE TYPICAL TOOLS?
Senior strategic sourcing managers typically use a variety of tools and software to manage the procurement process. Some common tools include:
- Procurement software, such as Ariba or Coupa
- Supplier relationship management software
- Data analytics tools
- Contract management software
- Communication and collaboration tools, such as Slack or Microsoft Teams
IN CONCLUSION
Senior strategic sourcing managers play a vital role in helping companies manage their procurement process and find the best suppliers to meet their needs. To be successful in this role, professionals need to have strong strategic thinking skills, excellent communication skills, and the ability to manage a team effectively. With the right education, experience, and certifications, you can pursue a rewarding career in this field.