Global Strategic Sourcing Analyst salary in Latvia

Average Yearly Salary of Global Strategic Sourcing Analyst in Latvia is approximately 29,609 EUR (29,488 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 Global Strategic Sourcing Analyst do?

A Global Strategic Sourcing Analyst is responsible for analyzing and optimizing the procurement process of an organization on a global scale. They work closely with various departments to identify sourcing opportunities, evaluate suppliers, negotiate contracts, and develop strategies to reduce costs and improve efficiency. The analyst conducts market research, identifies potential risks, and recommends alternative sourcing options to mitigate supply chain disruptions. They also monitor supplier performance, track key performance indicators, and implement continuous improvement initiatives.

Skills: Global sourcing, Strategic analysis, Procurement optimization, Supplier evaluation, Cost reduction, Supply chain management
Job industry: Procurement

How much does Global Strategic Sourcing Analyst make?

Difference in salary year over year or average salary increase is approximately 4 %


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Global Strategic Sourcing Analyst a well paid job?

Yes, our data shows that Global Strategic Sourcing Analyst 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 Global Strategic Sourcing Analyst?

High salary for Global Strategic Sourcing Analyst would be somewhere between 32,570 EUR and 42,933 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Global Strategic Sourcing Analyst in Latvia?

Living in Latvia the approximate monthly expenses are: 860 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: 29,609 EUR
Estimated Monthly Salary: 2,467 EUR
Estimated Weekly Salary: 569 EUR per week
Estimated Hourly Salary: 14 EUR per hour
By working as Global Strategic Sourcing Analyst a person can save up to 1,597 USD per month or 19,168 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 Latvia, see costs of living in Latvia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Estonia, Russia, Belarus, Lithuania..
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Global Strategic Sourcing Analyst

Last revision of data: 2025-01-04

Salary 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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Latvia

Data as of 2025

Random salary:
Recruiting assistant (12,130 EUR per year, pre-tax.)
Sap functional analyst (29,059 EUR per year, pre-tax.)
Package designer (22,732 EUR per year, pre-tax.)
Php lead developer (35,856 EUR per year, pre-tax.)
Clinical operations manager (34,918 EUR per year, pre-tax.)

Feedback about these results