Home > Salary > Ghana > 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: 52,715 GHS
Estimated Monthly Salary: 4,393 GHS
Estimated Weekly Salary: 1,014 GHS per week
Estimated Hourly Salary: 25 GHS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 4,235 GHS
Estimated Weekly Salary: 977 GHS per week
Estimated Hourly Salary: 24 GHS per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 4,381 USD
Estimated Monthly Salary: 365 USD
Estimated Weekly Salary: 84 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 52,715 GHS
Estimated Monthly Salary: 4,393 GHS
Estimated Weekly Salary: 1,014 GHS per week
Estimated Hourly Salary: 25 GHS per hour
By working as Sourcing Associate a person can save up to 225 USD per month or 2,701 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 Ghana, see costs of living in Ghana.
Estimated Yearly Salary for Sourcing Associate
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Sourcing Associate salary in Ghana
Average Yearly Salary of Sourcing Associate in Ghana is approximately 52,715 GHS (4,381 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: 52,715 GHS
Estimated Monthly Salary: 4,393 GHS
Estimated Weekly Salary: 1,014 GHS per week
Estimated Hourly Salary: 25 GHS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 50,820 GHSEstimated Monthly Salary: 4,235 GHS
Estimated Weekly Salary: 977 GHS per week
Estimated Hourly Salary: 24 GHS per hour
Last revision of data: 2024-01-03Sourcing Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,381 USD
Estimated Monthly Salary: 365 USD
Estimated Weekly Salary: 84 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
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Country:
Salary comparison to National average
Ghana is a country located in West Africa. It has a population of approximately 31 million people and covers an area of about 238,535 square kilometers. The country is bordered by Cote d'Ivoire to the west, Burkina Faso to the north, Togo to the east, and the Atlantic Ocean to the south.
Estimated national average yearly salary is 39,200 GHS (3,500 USD). Value indicated is pre-tax. Below graph shows estimated Sourcing Associate job salary compared to average salary in Ghana.
Comparison shows that a person working as Sourcing Associate in Ghana earns on average:
1.34 times the average salary (or 134% of average salary).
Estimated national average yearly salary is 39,200 GHS (3,500 USD). Value indicated is pre-tax. Below graph shows estimated Sourcing Associate job salary compared to average salary in Ghana.
Comparison shows that a person working as Sourcing Associate in Ghana earns on average:
1.34 times the average salary (or 134% of average salary).
Is Sourcing Associate a well paid job?
Yes, our data shows that Sourcing Associate 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 Associate?
High salary for Sourcing Associate would be somewhere between 57,987 GHS and 76,437 GHS. However this is an estimation based on Gaussian Distribution.How much can you save working as Sourcing Associate in Ghana?
Living in Ghana the approximate monthly expenses are: 140 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: 52,715 GHS
Estimated Monthly Salary: 4,393 GHS
Estimated Weekly Salary: 1,014 GHS per week
Estimated Hourly Salary: 25 GHS per hour
By working as Sourcing Associate a person can save up to 225 USD per month or 2,701 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 Ghana, see costs of living in Ghana.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Burkina Faso, Cote d'Ivoire (Ivory Coast), Togo.. 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
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 Ghana
(439,471 GHS per year, pre-tax.)
2. Cardiologist
(363,775 GHS per year, pre-tax.)
(351,690 GHS per year, pre-tax.)
(342,308 GHS per year, pre-tax.)
5. Neurosurgeon
(342,198 GHS per year, pre-tax.)
(334,060 GHS per year, pre-tax.)
7. Urologist
(333,287 GHS per year, pre-tax.)
(333,209 GHS per year, pre-tax.)
(333,002 GHS per year, pre-tax.)
10. Oncologist
(332,700 GHS per year, pre-tax.)
Data as of 2025Random salary:
Production artist (graphic arts) (25,872 GHS per year, pre-tax.)
Plater (26,120 GHS per year, pre-tax.)
Network architect (100,629 GHS per year, pre-tax.)
Metrologist (39,670 GHS per year, pre-tax.)
Disability specialist (41,240 GHS per year, pre-tax.)
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