Sourcing Specialist salary in Sri Lanka

Average Yearly Salary of Sourcing Specialist in Sri Lanka is approximately 2,549,359 LKR (7,314 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

How much does Sourcing Specialist make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

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 2,804,295 LKR and 3,696,571 LKR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Sourcing Specialist in Sri Lanka?

Living in Sri Lanka the approximate monthly expenses are: 224 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: 2,549,359 LKR
Estimated Monthly Salary: 212,447 LKR
Estimated Weekly Salary: 49,026 LKR per week
Estimated Hourly Salary: 1,226 LKR per hour
By working as Sourcing Specialist a person can save up to 385 USD per month or 4,621 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 Sri Lanka, see costs of living in Sri Lanka.

Salary comparison to region and neighbouring coutries

Country's neighbours are: India, Maldives.
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

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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