Sourcing Manager

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Sourcing Manager Salary in Insurance in India

based on 17 latest salaries • updated: 3 Oct 2024
Select an experience to get the exact salary

Annual salary range

₹3.5 Lakhs - ₹26 Lakhs

Moderate Confidence
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Moderate Confidence means the data is based on a sufficient number of latest salaries.
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Experience wise Sourcing Manager salaries

Years of experience Avg. Annual Salary
3 years
(1 salaries)
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₹3.6 L/yr - ₹3.6 L/yr

5 years
(2 salaries)
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₹5 L/yr - ₹12 L/yr

6 years
(2 salaries)
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₹3.5 L/yr - ₹4.1 L/yr

7 years
(3 salaries)
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₹5 L/yr - ₹13.2 L/yr

8 years
(2 salaries)
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₹13.2 L/yr - ₹16 L/yr

View all salaries by experience
Sourcing Manager Salary in India ranges between ₹3.5 Lakhs to ₹26 Lakhs for 3 years of experience to 18 years of experience . Salary estimates are based on 17 latest salaries received from Sourcing Manager.
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Sourcing Manager salaries in different departments

Department Avg Annual Salary
Sales & Business Development
Sourcing Manager Salary
7 - 9 years exp. (AmbitionBox Estimate)
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₹7.7 L/yr - ₹14.6 L/yr

Data Science & Analytics
Sourcing Manager Salary
13 years exp. (AmbitionBox Estimate)
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₹18.9 L/yr - ₹24.2 L/yr

Latest annual salaries shared by Sourcing Managers

1d ago

High Street Essentials

Sourcing Manager

5 years exp.

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1d ago

Ad Astra Consultants

Sourcing Manager

9 years exp.

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2d ago

MODI HYUNDAI

Sourcing Manager

15 years exp.

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3d ago

Target

Sourcing Manager

13 years exp.

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3d ago

Captain Fresh

Sourcing Manager

7 years exp.

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3d ago

Arihant Superstructures

Sourcing Manager

7 years exp.

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3d ago

Amazon Web Services

Sourcing Manager

7 years exp.

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3d ago

VJs Group

Sourcing Manager

18 years exp.

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3d ago

Reliance Retail

Sourcing Manager

17 years exp.

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3d ago

ANAROCK Property Consultants

Sourcing Manager

4 years exp.

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View all latest salaries

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Top Paying Companies for Sourcing Manager

Company name Avg Annual Salary Open Jobs
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Sourcing Manager Jobs in India

Sourcing Manager

· 9-15 years

Headstrong (GENPACT)

·

3.9

Chennai

Sourcing Manager

· 3-6 years

Novartis Healthcare Pvt. Ltd.

·

4.1

Hyderabad / Secunderabad

Sourcing Manager

· 3-7 years

Sandoz

·

4.0

Hyderabad / Secunderabad

View all Sourcing Manager jobs

Similar Designation Salaries for Sourcing Manager

Designations Avg Annual Salary
Commercial Manager Salary
5 - 22 years exp.
(16 salaries)
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₹1.9 L/yr - ₹28.8 L/yr

Purchase Manager Salary
4 - 15 years exp.
(10 salaries)
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₹3 L/yr - ₹11 L/yr

Store Manager Salary
3 - 16 years exp.
(225 salaries)
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₹3 L/yr - ₹15.2 L/yr

Senior Manager Salary
6 - 19 years exp.
(10.1k salaries)
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₹6.4 L/yr - ₹25 L/yr

Associate Manager Salary
3 - 15 years exp.
(1.7k salaries)
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₹3 L/yr - ₹22.8 L/yr

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Sourcing Manager Salary By Locations

Locations Avg Annual Salary
Bangalore / Bengaluru
Sourcing Manager
3 - 18 years exp.
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₹5 L/yr - ₹29.8 L/yr

Mumbai
Sourcing Manager
3 - 18 years exp.
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₹3.6 L/yr - ₹30 L/yr

Pune
Sourcing Manager
3 - 18 years exp.
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₹3.6 L/yr - ₹27.7 L/yr

New Delhi
Sourcing Manager
3 - 18 years exp.
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₹3.7 L/yr - ₹26 L/yr

Gurgaon / Gurugram
Sourcing Manager
3 - 18 years exp.
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₹5.6 L/yr - ₹29.9 L/yr

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Sourcing Manager Salary In Other Industries

Industries Avg Annual Salary
Internet
Sourcing Manager
3 - 18 years exp.
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₹4 L/yr - ₹24 L/yr

Retail
Sourcing Manager
3 - 18 years exp.
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₹3.6 L/yr - ₹29.1 L/yr

Manufacturing
Sourcing Manager
3 - 18 years exp.
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₹3 L/yr - ₹30 L/yr

Automobile
Sourcing Manager
3 - 18 years exp.
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₹2.1 L/yr - ₹25 L/yr

Industrial Machinery
Sourcing Manager
3 - 18 years exp.
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₹3 L/yr - ₹27.5 L/yr

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Frequently Asked Questions about Sourcing Manager Salaries

What is the salary of a Sourcing Manager in India?
Salary for a Sourcing Manager in India ranges between ₹3.5 Lakhs to ₹26.0 Lakhs per year. Salary estimates are based on 17 latest salaries received from various Sourcing Managers across industries.
What are the top paying companies that employ Sourcing Managers?
What is the starting salary for a Sourcing Manager in India?
Average starting Salary for Sourcing Manager in India is around ₹3.5 Lakhs per year (₹29.2k per month). 3 years of minimum experience is required to be a Sourcing Manager.
What is the highest salary for a Sourcing Manager in India?
Highest salary that a Sourcing Manager can earn is ₹40.0 Lakhs per year (₹3.3L per month).
What are the top paying industries for Sourcing Manager in India?
What are the top paying cities for Sourcing Manager in India?
What are the popular/top skills required to become a Sourcing Manager?
These are the top skills of a Sourcing Manager based on 96 jobs posted by employers.
  • Procurement
  • Channel Sales
  • Sales
  • Vendor Management
  • Real Estate Sales

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