Home > Salary > Luxembourg > Sr. Strategic Sourcing Manager
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.
Estimated Yearly Salary: 210,804 EUR
Estimated Monthly Salary: 17,567 EUR
Estimated Weekly Salary: 4,054 EUR per week
Estimated Hourly Salary: 101 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 16,982 EUR
Estimated Weekly Salary: 3,919 EUR per week
Estimated Hourly Salary: 98 EUR per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 211,583 USD
Estimated Monthly Salary: 17,632 USD
Estimated Weekly Salary: 4,069 USD per week
Estimated Hourly Salary: 102 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: 210,804 EUR
Estimated Monthly Salary: 17,567 EUR
Estimated Weekly Salary: 4,054 EUR per week
Estimated Hourly Salary: 101 EUR per hour
By working as Sr. Strategic Sourcing Manager a person can save up to 13,984 USD per month or 167,807 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 Luxembourg, see costs of living in Luxembourg.
Estimated Yearly Salary for Sr. Strategic Sourcing Manager
Last revision of data: 2025-01-04
Data as of 2025
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Sr. Strategic Sourcing Manager salary in Luxembourg
Average Yearly Salary of Sr. Strategic Sourcing Manager in Luxembourg is approximately 210,804 EUR (211,583 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
Job industry: Procurement
How much does Sr. Strategic Sourcing Manager make?
Salary details
How much does Sr. Strategic Sourcing Manager make?Estimated Yearly Salary: 210,804 EUR
Estimated Monthly Salary: 17,567 EUR
Estimated Weekly Salary: 4,054 EUR per week
Estimated Hourly Salary: 101 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 203,786 EUREstimated Monthly Salary: 16,982 EUR
Estimated Weekly Salary: 3,919 EUR per week
Estimated Hourly Salary: 98 EUR per hour
Last revision of data: 2024-01-07Sr. Strategic Sourcing Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 211,583 USD
Estimated Monthly Salary: 17,632 USD
Estimated Weekly Salary: 4,069 USD per week
Estimated Hourly Salary: 102 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
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Salary comparison to National average
Luxembourg is a small landlocked country located in Western Europe. With a population of approximately 633,000 people, it is one of the smallest countries in the European Union. Despite its size, Luxembourg boasts a highly developed economy and is known for its political stability and high standard of living.
Estimated national average yearly salary is 82,992 EUR (91,200 USD). Value indicated is pre-tax. Below graph shows estimated Sr. Strategic Sourcing Manager job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Sr. Strategic Sourcing Manager in Luxembourg earns on average:
2.54 times the average salary (or 254% of average salary).
Estimated national average yearly salary is 82,992 EUR (91,200 USD). Value indicated is pre-tax. Below graph shows estimated Sr. Strategic Sourcing Manager job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Sr. Strategic Sourcing Manager in Luxembourg earns on average:
2.54 times the average salary (or 254% of average salary).
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 231,884 EUR and 305,666 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Sr. Strategic Sourcing Manager in Luxembourg?
Living in Luxembourg the approximate monthly expenses are: 3,648 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: 210,804 EUR
Estimated Monthly Salary: 17,567 EUR
Estimated Weekly Salary: 4,054 EUR per week
Estimated Hourly Salary: 101 EUR per hour
By working as Sr. Strategic Sourcing Manager a person can save up to 13,984 USD per month or 167,807 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 Luxembourg, see costs of living in Luxembourg.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Belgium, Germany, France. 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
Belgium is 113,052 USD
Germany is 123,037 USD
France is 106,078 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 Luxembourg
(950,355 EUR per year, pre-tax.)
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(794,587 EUR per year, pre-tax.)
(765,939 EUR per year, pre-tax.)
4. Neurosurgeon
(742,355 EUR per year, pre-tax.)
(740,744 EUR per year, pre-tax.)
(724,806 EUR per year, pre-tax.)
7. Urologist
(723,841 EUR per year, pre-tax.)
8. Oncologist
(722,852 EUR per year, pre-tax.)
(722,418 EUR per year, pre-tax.)
(722,178 EUR per year, pre-tax.)
Data as of 2025Random salary:
Medical equipment repairer (37,399 EUR per year, pre-tax.)
Divisional manager quality management (176,773 EUR per year, pre-tax.)
Gis analyst i (82,509 EUR per year, pre-tax.)
Pharmacist in charge (184,242 EUR per year, pre-tax.)
Study abroad coordinator (72,931 EUR per year, pre-tax.)
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