Procurement / Sourcing Manager
What Does a Professional in this Career Do?
A Procurement or Sourcing Manager manages the procurement of supplies for a company or organization. Develops policies and schedules for regular procurements. Trains and supervises staff, develops relationships with suppliers, researches and inspects supplies, and negotiates supply and shipping prices.
Job Outlook
There were 890 Procurement / Sourcing Manager job postings in North Carolina in the past year and 28693 in the United States.
In combination with other careers in the Procurement / Sourcing Manager industry, which includes the Procurement / Sourcing Manager career, the following graph shows the number of people employed for each year since 2015:
Salary
Many new Procurement / Sourcing Manager jobs have salaries estimated to be in the following ranges, based on the requirements and responsibilities listed in job postings from the past year.
National
The average estimated salary in the United States for this career, based on job postings in the past year, is $115,103.
State
The average estimated salary in North Carolina for this career, based on job postings in the past year, is $111,184.
Percentiles represent the percentage that is lower than the value. For example, 25% of estimated salaries for Procurement / Sourcing Manager postings in the United States in the past year were lower than $97,969.
Education and Experience
Posted Procurement / Sourcing Manager jobs typically require the following level of education. The numbers below are based on job postings in the United States from the past year. Not all job postings list education requirements.
| Education Level | Percentage |
|---|---|
| Associate's Degree | 0% |
| Bachelor's Degree | 77.34% |
| Master's Degree | 27.24% |
| Doctoral Degree | 1.86% |
| Other | 6.15% |
Posted Procurement / Sourcing Manager jobs typically require the following number of years of experience. The numbers below are based on job postings in the United States from the past year. Not all job postings list experience requirements.
| Years of Experience | Percentage |
|---|---|
| 0 to 2 years | 10.85% |
| 3 to 5 years | 52.32% |
| 6 to 8 years | 24.46% |
| 9+ years | 12.37% |
Skills
Below are listings of the most common general and specialized skills Procurement / Sourcing Manager positions expect applicants to have as well as the most common skills that distinguish individuals from their peers. The percentage of job postings that specifically mention each skill is also listed.
Baseline Skills
A skill that is required across a broad range of occupations, including this one.
- Negotiation (54.15%)
- Communication (52.68%)
- Management (51.11%)
- Leadership (42.83%)
- Operations (37.67%)
- Microsoft Excel (27.29%)
- Problem Solving (26.11%)
- Influencing Skills (20.85%)
- Microsoft Office (20.84%)
- Planning (20.34%)
Defining Skills
A core skill for this occupation, it occurs frequently in job postings.
- Total Cost Of Ownership (10.26%)
- Supplier Management (16.81%)
- Category Strategy (16.16%)
- Supply Chain (43.76%)
- Strategic Procurement (16.9%)
- Category Management (20.28%)
- Finance (27.79%)
- Purchasing (47.16%)
- Procurement (82.18%)
- Supplier Performance Management (21.1%)
- Supplier Relationship Management (24.01%)
- Project Management (34.21%)
- Strategic Sourcing (34.49%)
- Supply Chain Management (22.71%)
- Procurement Management (24.24%)
Necessary Skills
A skill that is requested frequently in this occupation but isn’t specific to it.
- Accounting (10.89%)
- Risk Mitigation (9.63%)
- Continuous Improvement Process (13.72%)
- Auditing (10.4%)
- Change Management (8.48%)
- Business Requirements (8.7%)
- Key Performance Indicators (KPIs) (15.24%)
- Contract Management (19.13%)
- Data Analysis (11.47%)
- Risk Management (10.26%)
- Cost Reduction (11.18%)
- Invoicing (9.49%)
- Inventory Management (7.43%)
- Marketing (9.6%)
- Market Trend (8.22%)
- New Product Development (11.33%)
- Process Improvement (14.6%)
- Vendor Management (8.47%)
- SAP Applications (11.43%)
- Request For Proposal (19.91%)
- Vendor Relationship Management (7.45%)
- Stakeholder Management (3.96%)
Distinguishing Skills
A skill that may distinguish a subset of the occupation.
- Category Planning (3.71%)
- Supplier Identification And Selection (12.45%)
- Global Procurement (6.51%)
- Commodity Management (3.53%)
- Negotiation Strategies (5.9%)
- Global Sourcing (7%)
- Procurement Software (6.39%)
- Spend Analysis (4.81%)
Salary Boosting Skills
A professional who wishes to excel in this career path may consider developing the following highly valued skills. The percentage of job postings that specifically mention each skill is listed.
- Total Cost Of Ownership (32.95%)
- Category Planning (11.92%)
- Supplier Relationship Management (77.07%)
Alternative Job Titles
Sometimes employers post jobs with Procurement / Sourcing Manager skills but a different job title. Some common alternative job titles include:
- Procurement Manager
- Strategic Sourcing Manager
- Sourcing Manager
- Procurement Coordinator
- Commodity Manager
- Procurement Category Manager
- Category Manager
- Procurement Project Manager
- Supply Chain Procurement Manager
- Global Strategic Sourcing Manager
Similar Occupations
If you are interested in exploring occupations with similar skills, you may want to research the following job titles. Note that we only list occupations that have at least one corresponding NC State Online and Distance Education program.
Common Employers
Here are the employers that have posted the most Procurement / Sourcing Manager jobs in the past year along with how many they have posted.
United States
- Amazon (516)
- PricewaterhouseCoopers (271)
- Accenture (257)
- CBRE (220)
- Randstad (202)
- Alvarez & Marsal (190)
- Johnson Matthey (173)
- ManpowerGroup (159)
- Michael Foods (130)
- Johnson & Johnson (127)
North Carolina
- Thermo Fisher Scientific (19)
- PricewaterhouseCoopers (17)
- Honeywell International (16)
- Carrier Corporation (12)
- JLL (11)
- Novo Nordisk (11)
- Doosan Fuel Cell America (11)
- Siemens (10)
- Newell Agency (10)
- USAA (9)
NC State Programs Relevant to this Career
If you are interested in preparing for a career in this field, the following NC State Online and Distance Education programs offer a great place to start!
- Management, Marketing Analytics Master's Degrees
- Management, Risk and Analytics Master's Degrees
- Operations Research Master's Degrees
- Professional Communication and Managerial Skills Graduate Certificates
All wages, job posting statistics, employment trend projections, and information about skill desirability on this page represents historical data and does not guarantee future conditions. Data is provided by and downloaded regularly from Lightcast. For more information about how Lightcast gathers data and what it represents, see Lightcast Data: Basic Overview on Lightcast's Knowledge Base website.