Home > Salary > Nigeria > Strategic Sourcing Specialist
A Strategic Sourcing Specialist is responsible for managing the procurement process and developing strategic sourcing strategies to optimize costs, improve supplier relationships, and ensure the availability of quality goods and services. They analyze market trends, evaluate suppliers, negotiate contracts, and monitor supplier performance to achieve cost savings and operational efficiencies. They collaborate with cross-functional teams to understand the organization's needs, identify potential suppliers, and implement sourcing plans. Additionally, they stay updated on industry best practices and technological advancements to enhance the sourcing process.
Estimated Yearly Salary: 5,919,299 NGN
Estimated Monthly Salary: 493,275 NGN
Estimated Weekly Salary: 113,833 NGN per week
Estimated Hourly Salary: 2,846 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 476,172 NGN
Estimated Weekly Salary: 109,886 NGN per week
Estimated Hourly Salary: 2,747 NGN per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 7,071 USD
Estimated Monthly Salary: 589 USD
Estimated Weekly Salary: 136 USD per week
Estimated Hourly Salary: 3 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: 5,919,299 NGN
Estimated Monthly Salary: 493,275 NGN
Estimated Weekly Salary: 113,833 NGN per week
Estimated Hourly Salary: 2,846 NGN per hour
By working as Strategic Sourcing Specialist a person can save up to 384 USD per month or 4,604 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 Nigeria, see costs of living in Nigeria.
Estimated Yearly Salary for Strategic Sourcing Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Early head start teacher (2,138,706 NGN per year, pre-tax.)
Freight conductor (2,648,180 NGN per year, pre-tax.)
Senior marketing associate (4,496,319 NGN per year, pre-tax.)
Palliative care coordinator (3,003,604 NGN per year, pre-tax.)
Loan servicing specialist (2,299,699 NGN per year, pre-tax.)
Strategic Sourcing Specialist salary in Nigeria
Average Yearly Salary of Strategic Sourcing Specialist in Nigeria is approximately 5,919,299 NGN (7,071 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 Strategic Sourcing Specialist do?
A Strategic Sourcing Specialist is responsible for managing the procurement process and developing strategic sourcing strategies to optimize costs, improve supplier relationships, and ensure the availability of quality goods and services. They analyze market trends, evaluate suppliers, negotiate contracts, and monitor supplier performance to achieve cost savings and operational efficiencies. They collaborate with cross-functional teams to understand the organization's needs, identify potential suppliers, and implement sourcing plans. Additionally, they stay updated on industry best practices and technological advancements to enhance the sourcing process.
Skills: Strategic Sourcing, Procurement, Supplier Management, Negotiation, Cost Optimization, Supplier Performance
Job industry: Procurement
Job industry: Procurement
How much does Strategic Sourcing Specialist make?
Salary details
How much does Strategic Sourcing Specialist make?Estimated Yearly Salary: 5,919,299 NGN
Estimated Monthly Salary: 493,275 NGN
Estimated Weekly Salary: 113,833 NGN per week
Estimated Hourly Salary: 2,846 NGN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 5,714,060 NGNEstimated Monthly Salary: 476,172 NGN
Estimated Weekly Salary: 109,886 NGN per week
Estimated Hourly Salary: 2,747 NGN per hour
Last revision of data: 2024-01-06Strategic Sourcing Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,071 USD
Estimated Monthly Salary: 589 USD
Estimated Weekly Salary: 136 USD per week
Estimated Hourly Salary: 3 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
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Nigeria is a country located in West Africa. It is the most populous country on the African continent, with a population of over 200 million people. The country covers an area of about 923,768 square kilometers, making it the 32nd largest country in the world. Nigeria shares borders with Niger, Chad, Cameroon, and Benin.
Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Strategic Sourcing Specialist job salary compared to average salary in Nigeria.
Comparison shows that a person working as Strategic Sourcing Specialist in Nigeria earns on average:
1.5 times the average salary (or 150% of average salary).
Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Strategic Sourcing Specialist job salary compared to average salary in Nigeria.
Comparison shows that a person working as Strategic Sourcing Specialist in Nigeria earns on average:
1.5 times the average salary (or 150% of average salary).
Is Strategic Sourcing Specialist a well paid job?
Yes, our data shows that Strategic Sourcing Specialist 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 Strategic Sourcing Specialist?
High salary for Strategic Sourcing Specialist would be somewhere between 6,511,229 NGN and 8,582,984 NGN. However this is an estimation based on Gaussian Distribution.How much can you save working as Strategic Sourcing Specialist in Nigeria?
Living in Nigeria the approximate monthly expenses are: 206 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: 5,919,299 NGN
Estimated Monthly Salary: 493,275 NGN
Estimated Weekly Salary: 113,833 NGN per week
Estimated Hourly Salary: 2,846 NGN per hour
By working as Strategic Sourcing Specialist a person can save up to 384 USD per month or 4,604 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 Nigeria, see costs of living in Nigeria.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Niger, Chad, Cameroon, Benin. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Strategic Sourcing Specialist
Cameroon is 2,276 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 Nigeria
(44,763,887 NGN per year, pre-tax.)
2. Cardiologist
(37,279,896 NGN per year, pre-tax.)
(36,135,019 NGN per year, pre-tax.)
4. Neurosurgeon
(35,033,176 NGN per year, pre-tax.)
(35,006,913 NGN per year, pre-tax.)
(34,175,491 NGN per year, pre-tax.)
7. Oncologist
(34,169,925 NGN per year, pre-tax.)
(34,162,253 NGN per year, pre-tax.)
(34,132,586 NGN per year, pre-tax.)
10. Plastic surgeon
(34,129,168 NGN per year, pre-tax.)
Data as of 2025Random salary:
Early head start teacher (2,138,706 NGN per year, pre-tax.)
Freight conductor (2,648,180 NGN per year, pre-tax.)
Senior marketing associate (4,496,319 NGN per year, pre-tax.)
Palliative care coordinator (3,003,604 NGN per year, pre-tax.)
Loan servicing specialist (2,299,699 NGN per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=nigeria&job=strategic-sourcing-specialist'><img src='https://optisalary.com/wp-content/graphs/salary/strategic-sourcing-specialist-salary-in-nigeria-2025.jpg' alt='strategic sourcing specialist salary in nigeria 2025' title='strategic sourcing specialist salary in nigeria 2025' /></a>
Please note:The salary figures presented here are meant for reference purposes solely.
All salary data on optisalary.com are for reference use exclusively. We gather data from various trusted sources, yet do not guarantee complete precision. Before making career decisions, visitors should cross-check with additional authoritative sources. Salaries fluctuate due to several factors, including negotiation skills, industry demand, and experience levels. We deny any liability for errors in the salary estimates provided here. Your engagement with optisalary.com indicates agreement of this policy.
The salary data on this site is intended for reference purposes only. We offer salary insights based on multiple sources, but cannot guarantee absolute precision. Users should consistently cross-check salary details with other reliable sources before making financial choices. Variations in salary amounts may occur due to several factors, including location, experience, and industry. We do not offer any warranty regarding the entirety of the provided salary data. Use of optisalary.com constitutes acknowledgment of these terms.