Home > Salary > United Kingdom > Strategic Sourcing Manager
A Strategic Sourcing Manager is responsible for developing and implementing sourcing strategies to optimize costs, improve supplier performance, and mitigate risks. They identify and evaluate potential suppliers, negotiate contracts, and manage supplier relationships. They work closely with cross-functional teams to understand business requirements and develop sourcing plans accordingly. This role requires strong analytical skills to analyze market trends, assess supplier capabilities, and identify cost-saving opportunities. Additionally, strategic sourcing managers must possess excellent communication and negotiation skills to establish and maintain effective relationships with suppliers.
Estimated Yearly Salary: 71,138 GBP
Estimated Monthly Salary: 5,928 GBP
Estimated Weekly Salary: 1,368 GBP per week
Estimated Hourly Salary: 34 GBP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 5,711 GBP
Estimated Weekly Salary: 1,318 GBP per week
Estimated Hourly Salary: 33 GBP per hour
Last revision of data: 2024-04-21
Estimated Yearly Salary: 83,229 USD
Estimated Monthly Salary: 6,936 USD
Estimated Weekly Salary: 1,601 USD per week
Estimated Hourly Salary: 40 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: 71,138 GBP
Estimated Monthly Salary: 5,928 GBP
Estimated Weekly Salary: 1,368 GBP per week
Estimated Hourly Salary: 34 GBP per hour
By working as Strategic Sourcing Manager a person can save up to 4,980 USD per month or 59,762 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 United Kingdom, see costs of living in United Kingdom.
Estimated Yearly Salary for Strategic Sourcing Manager
Last revision of data: 2025-01-04
Data as of 2025
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Strategic Sourcing Manager salary in United Kingdom
Average Yearly Salary of Strategic Sourcing Manager in United Kingdom is approximately 71,138 GBP (83,229 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 Manager do?
A Strategic Sourcing Manager is responsible for developing and implementing sourcing strategies to optimize costs, improve supplier performance, and mitigate risks. They identify and evaluate potential suppliers, negotiate contracts, and manage supplier relationships. They work closely with cross-functional teams to understand business requirements and develop sourcing plans accordingly. This role requires strong analytical skills to analyze market trends, assess supplier capabilities, and identify cost-saving opportunities. Additionally, strategic sourcing managers must possess excellent communication and negotiation skills to establish and maintain effective relationships with suppliers.
Skills: strategic sourcing, procurement, supply chain management, supplier management, cost optimization, risk mitigation
Job industry: Procurement
Job industry: Procurement
How much does Strategic Sourcing Manager make?
Salary details
How much does Strategic Sourcing Manager make?Estimated Yearly Salary: 71,138 GBP
Estimated Monthly Salary: 5,928 GBP
Estimated Weekly Salary: 1,368 GBP per week
Estimated Hourly Salary: 34 GBP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 68,536 GBPEstimated Monthly Salary: 5,711 GBP
Estimated Weekly Salary: 1,318 GBP per week
Estimated Hourly Salary: 33 GBP per hour
Last revision of data: 2024-04-21Strategic Sourcing Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 83,229 USD
Estimated Monthly Salary: 6,936 USD
Estimated Weekly Salary: 1,601 USD per week
Estimated Hourly Salary: 40 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
The United Kingdom, also known as the UK, is a country located in northwestern Europe. It consists of four countries: England, Scotland, Wales, and Northern Ireland. With a population of approximately 66 million people, it is the fifth-largest economy in the world. The UK covers an area of around 93,600 square miles, making it the 78th largest country by size.
Estimated national average yearly salary is 41,537 GBP (48,890 USD). Value indicated is pre-tax. Below graph shows estimated Strategic Sourcing Manager job salary compared to average salary in United Kingdom.
Comparison shows that a person working as Strategic Sourcing Manager in United Kingdom earns on average:
1.71 times the average salary (or 171% of average salary).
Estimated national average yearly salary is 41,537 GBP (48,890 USD). Value indicated is pre-tax. Below graph shows estimated Strategic Sourcing Manager job salary compared to average salary in United Kingdom.
Comparison shows that a person working as Strategic Sourcing Manager in United Kingdom earns on average:
1.71 times the average salary (or 171% of average salary).
Is Strategic Sourcing Manager a well paid job?
Yes, our data shows that Strategic 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 Strategic Sourcing Manager?
High salary for Strategic Sourcing Manager would be somewhere between 78,252 GBP and 103,150 GBP. However this is an estimation based on Gaussian Distribution.How much can you save working as Strategic Sourcing Manager in United Kingdom?
Living in United Kingdom the approximate monthly expenses are: 1,956 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: 71,138 GBP
Estimated Monthly Salary: 5,928 GBP
Estimated Weekly Salary: 1,368 GBP per week
Estimated Hourly Salary: 34 GBP per hour
By working as Strategic Sourcing Manager a person can save up to 4,980 USD per month or 59,762 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 United Kingdom, see costs of living in United Kingdom.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ireland. 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 Manager
Ireland is 150,587 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 United Kingdom
(906,313 GBP per year, pre-tax.)
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4. Cardiologist
(332,162 GBP per year, pre-tax.)
5. Cardiologist
(330,298 GBP per year, pre-tax.)
(320,143 GBP per year, pre-tax.)
(319,848 GBP per year, pre-tax.)
8. Neurosurgeon
(310,506 GBP per year, pre-tax.)
9. Neurosurgeon
(309,585 GBP per year, pre-tax.)
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Data as of 2025Random salary:
Rubber goods compounder (25,753 GBP per year, pre-tax.)
Wellness program administrator (32,298 GBP per year, pre-tax.)
Assistant manager quality control (43,776 GBP per year, pre-tax.)
Data analyst iii (58,614 GBP per year, pre-tax.)
Foreign trade assistant (30,738 GBP per year, pre-tax.)
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