International Sourcing Manager salary in Monaco

Average Yearly Salary of International Sourcing Manager in Monaco is approximately 330,529 EUR (332,789 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 International Sourcing Manager do?

An international sourcing manager is responsible for developing and implementing strategies to source products, materials, and services from global suppliers. They collaborate with various departments within an organization to identify sourcing needs, evaluate potential suppliers, negotiate contracts, and manage supplier relationships. The occupation requires a deep understanding of international markets, trends, and regulations to ensure the procurement of high-quality goods at competitive prices. The role involves conducting market research, analyzing supplier capabilities, and assessing risks associated with sourcing from different countries. International sourcing managers must also monitor supplier performance, resolve any issues that arise, and continuously seek opportunities to optimize the supply chain. Effective communication and negotiation skills are essential in this position, as well as the ability to build strong relationships with suppliers and stakeholders.

Skills: international sourcing, procurement, supplier management, global supply chain, negotiation, market research
Job industry: Procurement

How much does International Sourcing Manager make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is International Sourcing Manager a well paid job?

Yes, our data shows that International Sourcing Manager 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 International Sourcing Manager?

High salary for International Sourcing Manager would be somewhere between 363,582 EUR and 479,267 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as International Sourcing Manager in Monaco?

Living in Monaco the approximate monthly expenses are: 7,443 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: 330,529 EUR
Estimated Monthly Salary: 27,544 EUR
Estimated Weekly Salary: 6,356 EUR per week
Estimated Hourly Salary: 159 EUR per hour
By working as International Sourcing Manager a person can save up to 20,289 USD per month or 243,471 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 Monaco, see costs of living in Monaco.

Salary comparison to region and neighbouring coutries

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

Estimated Yearly Salary for International 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.

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Data as of 2025

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