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What Is a Strategic Sourcing Manager and How to Become One

Strategic Sourcing Manager

What Does a Strategic Sourcing Manager Do?

A strategic sourcing manager evaluates purchasing decisions on supply, outsourcing, and procurement for a business. You ensure all sources are economically feasible. For this career, your duties involve finding the most cost efficient vendors and suppliers to negotiate rates and maintain proposed budgets. You must also work closely with upper management in order to meet goals and provide competitive market rates for their contracts. A good strategic sourcing manager should have a background and/or degree in finance, logistics, economics, or a related field.