Home > Salary > Vietnam > 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: 139,929,170 VND
Estimated Monthly Salary: 11,660,764 VND
Estimated Weekly Salary: 2,690,946 VND per week
Estimated Hourly Salary: 67,274 VND per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 11,239,412 VND
Estimated Weekly Salary: 2,593,710 VND per week
Estimated Hourly Salary: 64,843 VND per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 5,529 USD
Estimated Monthly Salary: 461 USD
Estimated Weekly Salary: 106 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: 139,929,170 VND
Estimated Monthly Salary: 11,660,764 VND
Estimated Weekly Salary: 2,690,946 VND per week
Estimated Hourly Salary: 67,274 VND per hour
By working as Strategic Sourcing Specialist a person can save up to 300 USD per month or 3,604 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 Vietnam, see costs of living in Vietnam.
Estimated Yearly Salary for Strategic Sourcing Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Strategic Sourcing Specialist salary in Vietnam
Average Yearly Salary of Strategic Sourcing Specialist in Vietnam is approximately 139,929,170 VND (5,529 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: 139,929,170 VND
Estimated Monthly Salary: 11,660,764 VND
Estimated Weekly Salary: 2,690,946 VND per week
Estimated Hourly Salary: 67,274 VND per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 134,872,940 VNDEstimated Monthly Salary: 11,239,412 VND
Estimated Weekly Salary: 2,593,710 VND per week
Estimated Hourly Salary: 64,843 VND per hour
Last revision of data: 2024-01-08Strategic Sourcing Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 5,529 USD
Estimated Monthly Salary: 461 USD
Estimated Weekly Salary: 106 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
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Country:
Salary comparison to National average
Vietnam, located in Southeast Asia, is a vibrant and culturally rich country. With a population of approximately 97 million people, it is the 15th most populous country in the world. Covering an area of around 331,212 square kilometers, Vietnam is roughly the size of Germany.
Estimated national average yearly salary is 93,056,060 VND (4,010 USD). Value indicated is pre-tax. Below graph shows estimated Strategic Sourcing Specialist job salary compared to average salary in Vietnam.
Comparison shows that a person working as Strategic Sourcing Specialist in Vietnam earns on average:
1.5 times the average salary (or 150% of average salary).
Estimated national average yearly salary is 93,056,060 VND (4,010 USD). Value indicated is pre-tax. Below graph shows estimated Strategic Sourcing Specialist job salary compared to average salary in Vietnam.
Comparison shows that a person working as Strategic Sourcing Specialist in Vietnam 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 153,922,087 VND and 202,897,297 VND. However this is an estimation based on Gaussian Distribution.How much can you save working as Strategic Sourcing Specialist in Vietnam?
Living in Vietnam the approximate monthly expenses are: 160 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: 139,929,170 VND
Estimated Monthly Salary: 11,660,764 VND
Estimated Weekly Salary: 2,690,946 VND per week
Estimated Hourly Salary: 67,274 VND per hour
By working as Strategic Sourcing Specialist a person can save up to 300 USD per month or 3,604 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 Vietnam, see costs of living in Vietnam.
Salary comparison to region and neighbouring coutries
Country's neighbours are: China, Laos, Cambodia. 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
China is 17,668 USD
Cambodia is 2,343 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 Vietnam
(1,060,162,317 VND per year, pre-tax.)
2. Cardiologist
(882,505,502 VND per year, pre-tax.)
(848,402,543 VND per year, pre-tax.)
4. Neurosurgeon
(826,108,653 VND per year, pre-tax.)
(824,710,642 VND per year, pre-tax.)
6. Urologist
(807,448,368 VND per year, pre-tax.)
(806,831,947 VND per year, pre-tax.)
(806,462,612 VND per year, pre-tax.)
9. Oncologist
(802,962,540 VND per year, pre-tax.)
10. Plastic surgeon
(802,935,962 VND per year, pre-tax.)
Data as of 2025Random salary:
Vice president (vp), transportation (300,530,150 VND per year, pre-tax.)
Rental coordinator (50,974,986 VND per year, pre-tax.)
Vice president (vp), mortgage lending (147,033,216 VND per year, pre-tax.)
Food technologist (119,348,512 VND per year, pre-tax.)
Coffee roaster (51,192,436 VND per year, pre-tax.)
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The salary data on this site is designed for reference purposes only. We offer salary insights based on multiple datasets, but do not guarantee absolute precision. Users should always cross-check salary details with other reliable sources before making financial decisions. Variations in salary figures may arise due to various factors, including location, experience, and industry. We do not extend any warranty regarding the completeness of the provided salary information. Use of optisalary.com constitutes acknowledgment of these conditions.