Home > Salary > India > 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: 2,527,075 INR
Estimated Monthly Salary: 210,590 INR
Estimated Weekly Salary: 48,598 INR per week
Estimated Hourly Salary: 1,215 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 203,085 INR
Estimated Weekly Salary: 46,866 INR per week
Estimated Hourly Salary: 1,172 INR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 27,922 USD
Estimated Monthly Salary: 2,327 USD
Estimated Weekly Salary: 537 USD per week
Estimated Hourly Salary: 13 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: 2,527,075 INR
Estimated Monthly Salary: 210,590 INR
Estimated Weekly Salary: 48,598 INR per week
Estimated Hourly Salary: 1,215 INR per hour
By working as Sourcing Associate a person can save up to 1,432 USD per month or 17,180 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 India, see costs of living in India.
Estimated Yearly Salary for Sourcing Associate
Last revision of data: 2025-01-04
Data as of 2025
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Sourcing Associate salary in India
Average Yearly Salary of Sourcing Associate in India is approximately 2,527,075 INR (27,922 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: 2,527,075 INR
Estimated Monthly Salary: 210,590 INR
Estimated Weekly Salary: 48,598 INR per week
Estimated Hourly Salary: 1,215 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,437,020 INREstimated Monthly Salary: 203,085 INR
Estimated Weekly Salary: 46,866 INR per week
Estimated Hourly Salary: 1,172 INR per hour
Last revision of data: 2024-01-05Sourcing Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 27,922 USD
Estimated Monthly Salary: 2,327 USD
Estimated Weekly Salary: 537 USD per week
Estimated Hourly Salary: 13 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
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Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Sourcing Associate job salary compared to average salary in India.
Comparison shows that a person working as Sourcing Associate in India earns on average:
1.37 times the average salary (or 137% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Sourcing Associate job salary compared to average salary in India.
Comparison shows that a person working as Sourcing Associate in India earns on average:
1.37 times the average salary (or 137% 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 2,779,783 INR and 3,664,259 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Sourcing Associate in India?
Living in India the approximate monthly expenses are: 895 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: 2,527,075 INR
Estimated Monthly Salary: 210,590 INR
Estimated Weekly Salary: 48,598 INR per week
Estimated Hourly Salary: 1,215 INR per hour
By working as Sourcing Associate a person can save up to 1,432 USD per month or 17,180 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 India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. 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
Pakistan is 1,985 USD
China is 16,099 USD
Nepal is 9,204 USD
Bangladesh is 3,520 USD
Afghanistan is 7,521 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 India
(21,041,458 INR per year, pre-tax.)
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(17,441,897 INR per year, pre-tax.)
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4. Neurosurgeon
(16,443,049 INR per year, pre-tax.)
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7. Urologist
(16,021,806 INR per year, pre-tax.)
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9. Oncologist
(15,984,385 INR per year, pre-tax.)
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Data as of 2025Random salary:
Senior associate data scientist (3,895,839 INR per year, pre-tax.)
Lead cook (899,464 INR per year, pre-tax.)
Desktop publisher (2,063,790 INR per year, pre-tax.)
Electrical maintenance engineer (2,722,410 INR per year, pre-tax.)
Longshore equipment operator (1,361,160 INR per year, pre-tax.)
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