How Much Do Directors of Strategic Sourcing Make?

Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary directors of strategic sourcing make, you've come to the right place.

Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for directors of strategic sourcing and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of directors of strategic sourcing are offering as compensation.

Keep reading to learn more about how much directors of strategic sourcing can expect to make in the United States.

At a Glance: Salary & Jobs for Directors of Strategic Sourcing

According to data from 2022, there were about 78,301 positions for directors of strategic sourcing in the United States. In terms of salary, the national median salary for directors of strategic sourcing was reported to be $131,352. Additionally, when examining job demand, employers across the country posted 33,468 job postings related to positions for directors of strategic sourcing.

How Much Money Do Directors of Strategic Sourcing Make?

Median salary is just one data point. To build a better understanding of how much money directors of strategic sourcing and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.

Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for directors of strategic sourcing.

Annual Salary for Directors of Strategic Sourcing

According to the BLS, the lowest earners for directors of strategic sourcing and related professions earned about $79,997 per year in 2022. Meanwhile, at the other end of the spectrum, the highest earners made about $209,997 annually.

As mentioned previously, the median salary for directors of strategic sourcing in the United States in 2022 was $131,352.

Hourly Salary for Directors of Strategic Sourcing

The BLS also breaks down compensation for directors of strategic sourcing by hourly salary, and the median average hourly pay for directors of strategic sourcing in 2022 was $63. Lowest hourly earners took home $38 while the highest reported hourly salaries for directors of strategic sourcing was $101.

Top Online College For Working Adults

Franklin University is a top choice for adults who need to balance school with busy lives. Founded in 1902 in Columbus, Ohio, Franklin's main focus has been serving adult students and tailoring education to fit their needs. Nonprofit and accredited by the Higher Learning Commission (hlcommission.org/800.621.7440), Franklin offers more than 50 affordable bachelor's, master's, and doctoral programs — all available 100% online.

Degree Options for Directors of Strategic Sourcing

Advertised Compensation for Directors of Strategic Sourcing

Data from the BLS is one way to dig into compensation for directors of strategic sourcing, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for directors of strategic sourcing.

Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™

Annual Salary from Job Postings for Directors of Strategic Sourcing

During a review of 72,945 job postings related to directors of strategic sourcing, advertised salary was included in 10,466 of them, which was 14%. Based on those postings, the median advertised salary for directors of strategic sourcing was $100,224 per year.

Hourly Salary from Job Postings for Directors of Strategic Sourcing

A similar analysis of job postings provides insight into advertised hourly salary for directors of strategic sourcing. Based on 31% of postings with advertised compensation, the median hourly salary for open positions for directors of strategic sourcing in the United States is about $48.

Salary Trend for Directors of Strategic Sourcing

If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for directors of strategic sourcing. The chart below provides a snapshot of advertised salaries over the past three years.

Based on compensation data that was included in job postings for directors of strategic sourcing dating back to September 2019, advertised salaries for directors of strategic sourcing have increased 13%.

What's the Job Growth for Directors of Strategic Sourcing?

Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for directors of strategic sourcing over the next 10 years.

According to the data obtained through Lightcast,™ there were 78,022 jobs for directors of strategic sourcing in the United States in 2022. By 2032, it is expected that about 7,658 jobs will be added. That's a 9.8% increase over the next 10-year period.

Additional Links

Ready to dig deeper into career information about directors of strategic sourcing? Visit our other pages focused on salary and education for directors of strategic sourcing.

What do directors of strategic sourcing do?
Directors of Strategic Sourcing: How do you become one?

All Occupations

The Best Adult Colleges and Careers Guide has compiled data for dozens of in-demand jobs. Explore our full catalog of occupation data by visiting the link below.

View Other Occupations