Sourcing Manager
Impact: Strategic, Financial
Manages the procurement process, identifies suppliers, negotiates contracts, and ensures cost-effective acquisition of goods and services for an organization.
What the day looks like
- People interaction
- Extensive
- Team vs solo
- Team-oriented
- Client facing
- Always
- Impact visibility
- High
- Travel
- Occasional
- Schedule flexibility
- Moderate
- Remote work
- Hybrid
- Typical work hours
- 40-50 hours/week
- Stress level
- Moderate
At a glance
- Median salary
- $95,000
- Entry-level
- $65,000
- Senior
- $130,000
- Growth by 2033
- 5%
- Demand
- Stable
- Freelance potential
- Low
- Salary growth potential
- Excellent
- Typical student debt
- $30,000 - $50,000
Skills you'll use
Hard skills
- Supply Chain Management
- Contract Management
- Vendor Management
- Data Analysis
- Procurement Software
Soft skills
- Negotiation
- Communication
- Problem-solving
- Relationship Building
- Strategic Thinking
Technical complexity: Moderate
How to get there
- Minimum education
- Bachelor's degree
- Licensing
- No
- Years to mid-career
- 5
- Years to senior
- 10
- Career switching
- Moderate
Where this career leads
How people arrive here
Where you can go from here
Typical progression
- Sourcing Specialist
- Sourcing Manager
- Senior Sourcing Manager
- Director of Procurement
Future outlook
- Automation probability
- Low
- AI disruption risk
- Low
- Demand trend
- Stable
How people feel about it
- Overall satisfaction
- 4/10
- Meaning
- 4/10
- Work-life balance
- 3.5/10
- Prestige
- 5/10
- Social perception
- High