Home > Salary > Singapore > Sourcing Specialist
A sourcing specialist is responsible for identifying and acquiring the best suppliers and vendors for a company's products or services. They play a crucial role in ensuring that the organization obtains quality goods at competitive prices, while also managing relationships with suppliers to ensure timely delivery and compliance with contractual agreements. Sourcing specialists conduct market research to identify potential suppliers, negotiate contracts, and evaluate supplier performance. They collaborate with various departments, such as procurement, logistics, and quality assurance, to ensure seamless supply chain operations. Strong analytical and negotiation skills are essential for this role, as well as the ability to build and maintain relationships with suppliers.
Estimated Yearly Salary: 176,134 SGD
Estimated Monthly Salary: 14,678 SGD
Estimated Weekly Salary: 3,387 SGD per week
Estimated Hourly Salary: 85 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 14,161 SGD
Estimated Weekly Salary: 3,268 SGD per week
Estimated Hourly Salary: 82 SGD per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 88,211 USD
Estimated Monthly Salary: 7,351 USD
Estimated Weekly Salary: 1,696 USD per week
Estimated Hourly Salary: 42 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: 176,134 SGD
Estimated Monthly Salary: 14,678 SGD
Estimated Weekly Salary: 3,387 SGD per week
Estimated Hourly Salary: 85 SGD per hour
By working as Sourcing Specialist a person can save up to 4,663 USD per month or 55,955 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 Singapore, see costs of living in Singapore.
Estimated Yearly Salary for Sourcing Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Sourcing Specialist salary in Singapore
Average Yearly Salary of Sourcing Specialist in Singapore is approximately 176,134 SGD (88,211 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 Sourcing Specialist do?
A sourcing specialist is responsible for identifying and acquiring the best suppliers and vendors for a company's products or services. They play a crucial role in ensuring that the organization obtains quality goods at competitive prices, while also managing relationships with suppliers to ensure timely delivery and compliance with contractual agreements. Sourcing specialists conduct market research to identify potential suppliers, negotiate contracts, and evaluate supplier performance. They collaborate with various departments, such as procurement, logistics, and quality assurance, to ensure seamless supply chain operations. Strong analytical and negotiation skills are essential for this role, as well as the ability to build and maintain relationships with suppliers.
Skills: sourcing specialist, procurement, supplier management, vendor selection, contract negotiation, supply chain management
Job industry: Procurement or supply chain
Job industry: Procurement or supply chain
How much does Sourcing Specialist make?
Salary details
How much does Sourcing Specialist make?Estimated Yearly Salary: 176,134 SGD
Estimated Monthly Salary: 14,678 SGD
Estimated Weekly Salary: 3,387 SGD per week
Estimated Hourly Salary: 85 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 169,936 SGDEstimated Monthly Salary: 14,161 SGD
Estimated Weekly Salary: 3,268 SGD per week
Estimated Hourly Salary: 82 SGD per hour
Last revision of data: 2024-01-05Sourcing Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 88,211 USD
Estimated Monthly Salary: 7,351 USD
Estimated Weekly Salary: 1,696 USD per week
Estimated Hourly Salary: 42 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
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Country:
Salary comparison to National average
Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Sourcing Specialist job salary compared to average salary in Singapore.
Comparison shows that a person working as Sourcing Specialist in Singapore earns on average:
1.85 times the average salary (or 185% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Sourcing Specialist job salary compared to average salary in Singapore.
Comparison shows that a person working as Sourcing Specialist in Singapore earns on average:
1.85 times the average salary (or 185% of average salary).
Is Sourcing Specialist a well paid job?
Yes, our data shows that 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 Sourcing Specialist?
High salary for Sourcing Specialist would be somewhere between 193,747 SGD and 255,394 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Sourcing Specialist in Singapore?
Living in Singapore the approximate monthly expenses are: 2,688 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: 176,134 SGD
Estimated Monthly Salary: 14,678 SGD
Estimated Weekly Salary: 3,387 SGD per week
Estimated Hourly Salary: 85 SGD per hour
By working as Sourcing Specialist a person can save up to 4,663 USD per month or 55,955 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 Singapore, see costs of living in Singapore.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Indonesia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Sourcing Specialist
Malaysia is 23,196 USD
Indonesia is 13,845 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 Singapore
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7. Oncologist
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Data as of 2025Random salary:
Shipping agent (55,319 SGD per year, pre-tax.)
Hr lead (162,492 SGD per year, pre-tax.)
Fitness director (126,047 SGD per year, pre-tax.)
Director of facility maintenance and engineering (169,771 SGD per year, pre-tax.)
Drapery installer (55,622 SGD per year, pre-tax.)
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