Home > Salary > Australia > Sourcing Specialist
A sourcing specialist is responsible for identifying and acquiring the best suppliers and vendors for a company's products or services. They play a crucial role in ensuring that the organization obtains quality goods at competitive prices, while also managing relationships with suppliers to ensure timely delivery and compliance with contractual agreements. Sourcing specialists conduct market research to identify potential suppliers, negotiate contracts, and evaluate supplier performance. They collaborate with various departments, such as procurement, logistics, and quality assurance, to ensure seamless supply chain operations. Strong analytical and negotiation skills are essential for this role, as well as the ability to build and maintain relationships with suppliers.
Estimated Yearly Salary: 157,615 AUD
Estimated Monthly Salary: 13,135 AUD
Estimated Weekly Salary: 3,031 AUD per week
Estimated Hourly Salary: 76 AUD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 12,735 AUD
Estimated Weekly Salary: 2,939 AUD per week
Estimated Hourly Salary: 73 AUD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 78,919 USD
Estimated Monthly Salary: 6,577 USD
Estimated Weekly Salary: 1,518 USD per week
Estimated Hourly Salary: 38 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 157,615 AUD
Estimated Monthly Salary: 13,135 AUD
Estimated Weekly Salary: 3,031 AUD per week
Estimated Hourly Salary: 76 AUD per hour
By working as Sourcing Specialist a person can save up to 4,159 USD per month or 49,913 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Estimated Yearly Salary for Sourcing Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Sourcing Specialist salary in Australia
Average Yearly Salary of Sourcing Specialist in Australia is approximately 157,615 AUD (78,919 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Sourcing Specialist do?
A sourcing specialist is responsible for identifying and acquiring the best suppliers and vendors for a company's products or services. They play a crucial role in ensuring that the organization obtains quality goods at competitive prices, while also managing relationships with suppliers to ensure timely delivery and compliance with contractual agreements. Sourcing specialists conduct market research to identify potential suppliers, negotiate contracts, and evaluate supplier performance. They collaborate with various departments, such as procurement, logistics, and quality assurance, to ensure seamless supply chain operations. Strong analytical and negotiation skills are essential for this role, as well as the ability to build and maintain relationships with suppliers.
Skills: sourcing specialist, procurement, supplier management, vendor selection, contract negotiation, supply chain management
Job industry: Procurement or supply chain
Job industry: Procurement or supply chain
How much does Sourcing Specialist make?
Salary details
How much does Sourcing Specialist make?Estimated Yearly Salary: 157,615 AUD
Estimated Monthly Salary: 13,135 AUD
Estimated Weekly Salary: 3,031 AUD per week
Estimated Hourly Salary: 76 AUD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 152,816 AUDEstimated Monthly Salary: 12,735 AUD
Estimated Weekly Salary: 2,939 AUD per week
Estimated Hourly Salary: 73 AUD per hour
Last revision of data: 2024-01-03Sourcing Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 78,919 USD
Estimated Monthly Salary: 6,577 USD
Estimated Weekly Salary: 1,518 USD per week
Estimated Hourly Salary: 38 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Australia is a vast country located in the southern hemisphere. It has a diverse population of approximately 25 million people. The country spans an area of about 7.7 million square kilometers, making it the sixth-largest country in the world. Australia is surrounded by the Indian and Pacific Oceans and is known for its stunning landscapes, including the Great Barrier Reef, Uluru, and the Outback.
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Sourcing Specialist job salary compared to average salary in Australia.
Comparison shows that a person working as Sourcing Specialist in Australia earns on average:
1.87 times the average salary (or 187% of average salary).
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Sourcing Specialist job salary compared to average salary in Australia.
Comparison shows that a person working as Sourcing Specialist in Australia earns on average:
1.87 times the average salary (or 187% of average salary).
Is Sourcing Specialist a well paid job?
Yes, our data shows that Sourcing Specialist is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Sourcing Specialist?
High salary for Sourcing Specialist would be somewhere between 173,377 AUD and 228,542 AUD. However this is an estimation based on Gaussian Distribution.How much can you save working as Sourcing Specialist in Australia?
Living in Australia the approximate monthly expenses are: 2,417 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 157,615 AUD
Estimated Monthly Salary: 13,135 AUD
Estimated Weekly Salary: 3,031 AUD per week
Estimated Hourly Salary: 76 AUD per hour
By working as Sourcing Specialist a person can save up to 4,159 USD per month or 49,913 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Indonesia, Papua New Guinea, East Timor. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Sourcing Specialist
Indonesia is 13,845 USD
East Timor is 58,780 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Australia
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Data as of 2025Random salary:
Physician doctor ophthalmologist (593,371 AUD per year, pre-tax.)
National credit collections manager (108,596 AUD per year, pre-tax.)
Speechwriter (179,592 AUD per year, pre-tax.)
Treatment coordinator dental (86,946 AUD per year, pre-tax.)
Account development specialist (118,564 AUD per year, pre-tax.)
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