Find & Apply For Procurement / Sourcing Manager Jobs In Your Location
Procurement / Sourcing Manager jobs involve overseeing the sourcing and purchasing of goods and services for an organization. Responsibilities include negotiating contracts, managing supplier relationships, and ensuring cost-effectiveness. These roles require strong analytical skills, negotiation abilities, and a deep understanding of supply chain management. Below you can find different Procurement / Sourcing Manager positions in and around your location.
Industry Trends & Salary Expectations
Procurement / Sourcing Managers oversee the purchasing of goods and services for an organization. - Entry-level Procurement / Sourcing Manager salaries range from $50,000 to $70,000 per year - Mid-career Procurement / Sourcing Manager salaries range from $70,000 to $90,000 per year - Senior-level Procurement / Sourcing Manager salaries range from $90,000 to $120,000 per year The role of Procurement / Sourcing Manager has a long history, dating back to early trade and barter systems. As economies grew and global trade expanded, the need for strategic procurement practices became evident. The Industrial Revolution further shaped the role, emphasizing efficient sourcing and supply chain management. Over time, the Procurement / Sourcing Manager position has evolved to encompass not only cost-effective purchasing but also supplier relationship management, risk assessment, and sustainability considerations. With the rise of technology, digital procurement tools and data analytics have become integral to the role, enabling more informed decision-making and streamlined processes. Current trends in Procurement / Sourcing management include a focus on supplier diversity, ethical sourcing practices, and digital transformation. Sustainability initiatives, such as reducing carbon footprints and promoting social responsibility in the supply chain, are also gaining importance. Additionally, the shift towards remote work and virtual collaboration has led to the adoption of cloud-based procurement platforms and online sourcing tools to facilitate communication and efficiency.
