Home > Salary > Bolivia > Sourcing Associate
A sourcing associate is responsible for identifying and evaluating potential suppliers or vendors for a company's products or services. They play a crucial role in the procurement process, ensuring that the company obtains high-quality goods or services at the best possible price. Sourcing associates conduct market research to identify potential suppliers, negotiate contracts and terms, and manage relationships with existing suppliers. They analyze supplier performance and make recommendations for improvement. Additionally, they monitor market trends and industry developments to stay updated on new suppliers and technologies. Strong analytical and negotiation skills are essential for this role, as well as excellent communication and relationship-building abilities.
Estimated Yearly Salary: 4,316 BOB
Estimated Monthly Salary: 360 BOB
Estimated Weekly Salary: 83 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 348 BOB
Estimated Weekly Salary: 80 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Last revision of data: 2024-02-02
Estimated Yearly Salary: 776 USD
Estimated Monthly Salary: 65 USD
Estimated Weekly Salary: 15 USD per week
Estimated Hourly Salary: 0 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: 4,316 BOB
Estimated Monthly Salary: 360 BOB
Estimated Weekly Salary: 83 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Our data indicates that by working as Sourcing Associate you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
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 Bolivia, see costs of living in Bolivia.
Estimated Yearly Salary for Sourcing Associate
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Audio operator (3,610 BOB per year, pre-tax.)
Hr benefits coordinator (3,121 BOB per year, pre-tax.)
Director of vendor management (5,620 BOB per year, pre-tax.)
Laboratory assistant (2,181 BOB per year, pre-tax.)
Aircraft paintshop manager (4,113 BOB per year, pre-tax.)
Sourcing Associate salary in Bolivia
Average Yearly Salary of Sourcing Associate in Bolivia is approximately 4,316 BOB (776 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 Associate do?
A sourcing associate is responsible for identifying and evaluating potential suppliers or vendors for a company's products or services. They play a crucial role in the procurement process, ensuring that the company obtains high-quality goods or services at the best possible price. Sourcing associates conduct market research to identify potential suppliers, negotiate contracts and terms, and manage relationships with existing suppliers. They analyze supplier performance and make recommendations for improvement. Additionally, they monitor market trends and industry developments to stay updated on new suppliers and technologies. Strong analytical and negotiation skills are essential for this role, as well as excellent communication and relationship-building abilities.
Skills: sourcing associate, procurement, supplier management, market research, negotiation skills, supplier performance analysis
Job industry: Retail
Job industry: Retail
How much does Sourcing Associate make?
Salary details
How much does Sourcing Associate make?Estimated Yearly Salary: 4,316 BOB
Estimated Monthly Salary: 360 BOB
Estimated Weekly Salary: 83 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 4,174 BOBEstimated Monthly Salary: 348 BOB
Estimated Weekly Salary: 80 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Last revision of data: 2024-02-02Sourcing Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 776 USD
Estimated Monthly Salary: 65 USD
Estimated Weekly Salary: 15 USD per week
Estimated Hourly Salary: 0 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
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Bolivia, located in South America, is a landlocked country bordered by Brazil, Paraguay, Argentina, Chile, and Peru. It has a population of approximately 11.6 million people and covers an area of about 1.1 million square kilometers. The country's diverse geography includes the Andes Mountains, the Amazon rainforest, and the vast Altiplano plateau.
Estimated national average yearly salary is 569 BOB (3,450 USD). Value indicated is pre-tax. Below graph shows estimated Sourcing Associate job salary compared to average salary in Bolivia.
Comparison shows that a person working as Sourcing Associate in Bolivia earns on average:
7.59 times the average salary (or 759% of average salary).
Estimated national average yearly salary is 569 BOB (3,450 USD). Value indicated is pre-tax. Below graph shows estimated Sourcing Associate job salary compared to average salary in Bolivia.
Comparison shows that a person working as Sourcing Associate in Bolivia earns on average:
7.59 times the average salary (or 759% of average salary).
Is Sourcing Associate a well paid job?
Yes, our data shows that Sourcing Associate is an extremely 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 Associate?
High salary for Sourcing Associate would be somewhere between 4,748 BOB and 6,258 BOB. However this is an estimation based on Gaussian Distribution.How much can you save working as Sourcing Associate in Bolivia?
Living in Bolivia the approximate monthly expenses are: 138 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: 4,316 BOB
Estimated Monthly Salary: 360 BOB
Estimated Weekly Salary: 83 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Our data indicates that by working as Sourcing Associate you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
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 Bolivia, see costs of living in Bolivia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Peru, Brazil, Paraguay, Argentina, Chile. 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 Associate
Brazil is 10,181 USD
Argentina is 14,505 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 Bolivia
(35,917 BOB per year, pre-tax.)
2. Cardiologist
(30,031 BOB per year, pre-tax.)
(28,915 BOB per year, pre-tax.)
4. Neurosurgeon
(28,102 BOB per year, pre-tax.)
(27,971 BOB per year, pre-tax.)
6. Oncologist
(27,454 BOB per year, pre-tax.)
(27,431 BOB per year, pre-tax.)
(27,421 BOB per year, pre-tax.)
(27,374 BOB per year, pre-tax.)
10. Urologist
(27,316 BOB per year, pre-tax.)
Data as of 2025Random salary:
Audio operator (3,610 BOB per year, pre-tax.)
Hr benefits coordinator (3,121 BOB per year, pre-tax.)
Director of vendor management (5,620 BOB per year, pre-tax.)
Laboratory assistant (2,181 BOB per year, pre-tax.)
Aircraft paintshop manager (4,113 BOB per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=bolivia&job=sourcing-associate'><img src='https://optisalary.com/wp-content/graphs/salary/sourcing-associate-salary-in-bolivia-2025.jpg' alt='sourcing associate salary in bolivia 2025' title='sourcing associate salary in bolivia 2025' /></a>
Please note:optisalary.com aggregates salary data for reference use only.
This website provides salary data solely for reference purposes. While we strive for correctness, we do not guarantee the validity of all figures. Users should verify salary details with reliable sources before making financial plans. Salary amounts may vary based on multiple factors, such as company size, negotiation tactics, and industry demand. We accept no responsibility for errors in the pay estimates provided. By accessing this website, you acknowledge that salary data is not absolute.
The salary estimates on optisalary.com are meant for informational use exclusively. We collect salary data from multiple providers, but do not ensure absolute precision. Users should on their own confirm salaries before making financial commitments. Salary variations occur due to industry standards, demand shifts, and location. We deny any guarantee regarding the correctness of the provided salary data. By using this site, you acknowledge that salary data is subject to updates.