Sr. Strategic Sourcing Manager salary in Latvia

Average Yearly Salary of Sr. Strategic Sourcing Manager in Latvia is approximately 49,807 EUR (49,754 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 Sr. Strategic Sourcing Manager do?

A Senior Strategic Sourcing Manager is responsible for developing and implementing strategies to optimize an organization's procurement processes. They lead a team of sourcing professionals to identify, evaluate, and negotiate with suppliers to obtain the best value for goods and services. This role involves analyzing market trends, identifying potential suppliers, managing supplier contracts, and ensuring compliance with company policies and regulations. The Senior Strategic Sourcing Manager collaborates with cross-functional teams, such as finance, operations, and legal, to align sourcing strategies with business objectives and drive cost savings. They also monitor supplier performance, resolve issues, and implement continuous improvement initiatives to enhance efficiency and quality.

Skills: Strategic Sourcing, Procurement Management, Supplier Negotiation, Contract Management, Cost Optimization, Cross-Functional Collaboration
Job industry: Procurement

How much does Sr. Strategic Sourcing Manager 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 Sr. Strategic Sourcing Manager a well paid job?

Yes, our data show that Sr. Strategic Sourcing Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Sr. Strategic Sourcing Manager?

High salary for Sr. Strategic Sourcing Manager would be somewhere between 54,788 EUR and 72,220 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Sr. Strategic Sourcing Manager 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: 49,807 EUR
Estimated Monthly Salary: 4,151 EUR
Estimated Weekly Salary: 958 EUR per week
Estimated Hourly Salary: 24 EUR per hour
By working as Sr. Strategic Sourcing Manager a person can save up to 3,286 USD per month or 39,434 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 Sr. Strategic Sourcing Manager

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:
Film editor (20,623 EUR per year, pre-tax.)
Software librarian (15,559 EUR per year, pre-tax.)
Search engine marketing (sem), analyst (20,154 EUR per year, pre-tax.)
It engineer (29,821 EUR per year, pre-tax.)
Vehicle technician (17,811 EUR per year, pre-tax.)

Feedback about these results