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Mahindra & Mahindra Sourcing Manager salaries in Mumbai

Annual salary range
11 - 17 years exp.
₹17 Lakhs - ₹30.1 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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79% more than the average Sourcing Manager Salary in Automobile Companies for 11 - 17 years of experience

Interested in this particular role? 1 job opening

Last Updated: 22 Aug 2024

Companies similar to Mahindra & Mahindra for Sourcing Manager in Mumbai

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Mahindra & Mahindra Sourcing Manager Salary

11 - 17 years exp. (7 salaries)

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₹17 L/yr - ₹30.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3.5 L/yr - ₹8.4 L/yr

arrow icon 73% less
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Lodha Group Sourcing Manager Salary

0 - 8 years exp. (35 salaries)

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₹4.5 L/yr - ₹11 L/yr

arrow icon 68% less
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₹3.7 L/yr - ₹7.2 L/yr

arrow icon 74% less
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Reliance Retail Sourcing Manager Salary

5 - 16 years exp. (12 salaries)

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₹4.6 L/yr - ₹14.8 L/yr

arrow icon 51% less
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Veena Developers Sourcing Manager Salary

2 - 4 years exp. (8 salaries)

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₹4.7 L/yr - ₹6.9 L/yr

arrow icon 74% less
1 job opening
Sourcing Manager salary at Mahindra & Mahindra ranges between ₹17 Lakhs to ₹30.1 Lakhs per year for employees with experience between 11 years to 17 years. Salary estimates are based on 7 latest salaries received from various employees of Mahindra & Mahindra.

Latest annual salaries shared by Mahindra & Mahindra Sourcing Manager in Mumbai

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14 years exp.
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17 years exp.
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16 years exp.
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16 years exp.
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Experience wise Mahindra & Mahindra Sourcing Manager salaries in Mumbai

Last Updated: 22 Aug 2024

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹17.5 L/yr - ₹22.4 L/yr
12 years (AmbitionBox Estimate)

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₹18.2 L/yr - ₹23.3 L/yr
13 years (AmbitionBox Estimate)

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₹19 L/yr - ₹24.2 L/yr
14 years (AmbitionBox Estimate)

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₹19.7 L/yr - ₹25.2 L/yr
15+ years  (5 salaries)

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₹20 L/yr - ₹30.1 L/yr

Similar Designation salaries in Mahindra & Mahindra

Deputy Manager Salary
(354 salaries)
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₹5.7 L/yr - ₹18.5 L/yr
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₹10.48 L/yr - ₹20 L/yr
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₹5.5 L/yr - ₹20.7 L/yr
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₹1.7 L/yr - ₹6.4 L/yr
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₹2.2 L/yr - ₹4.25 L/yr
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₹7 L/yr - ₹16 L/yr

Top skills at Mahindra & Mahindra for Sourcing Manager

PPAP Quality Improvement RFQ QA Engineering Mechanical Engineering CCTV Monitoring Purchase Vendor Development VAVE Industrial Engineering Hydraulics Valves Supplier Quality Management NPD SQA

Salary related reviews for Mahindra & Mahindra

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 07 Sep 2024

2.0
 for  Salary and Benefits

Likes

thaar car only.

Dislikes

...ce coverage is 100000 for employee family.wont get insurance related assistants.no good salary hikes. No work life balance. There is no leaderships who motivates employees and maintain a good work culture.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Research & Development Department

4.0
  •  posted on 28 Dec 2023

3.0
 for  Salary and Benefits

Likes

1. No organisational hierarchy barrier. 2. Top management and seniors are easily approachable.

  • Skill development - Good
  • +3 more

Dislikes

1. Salary is lower compared to the work load and the top-notch job employees are doing. 2. Work-life balance is compromised many a times.

read more

Full Time

 · 

Research & Development Department

4.0
  •  posted on 04 Feb 2023

4.0
 for  Salary and Benefits

Likes

1.Diverse work culture. 2.Very good for beginners. Lot of learnings are there. 3. Job security is good 4. Health related support from Management is good. They support in all possible extent for their employees and their family health.

read more
  • Salary - Good
  • +4 more

Dislikes

...nd officer to put more time to complete the task. 2. Promotion and hike system. Pay is good it is average when compared to market. But for achieving this person need to work daily 3hrs extra. 3. No process. Yes there is a process. But due to congested project timelines, process always get skipped. 4. Manager always paid more in term of percentage. Management mindset is to keep manager at their end. so they can train any operational level engineer easily.

read more
  • Work-life balance - Poor

Full Time

 · 

Project & Program Management Department

5.0
  •  posted on 15 May 2023

5.0
 for  Salary and Benefits

Likes

Alternate Saturday off .....good work culture

  • Salary - Excellent
  • +5 more

Dislikes

... are need to more fair Need to start pick and drop facility for employees.... Need to add Sodexo cupouns as salary entity for tax benifit

read more

Full Time

 · 

Research & Development Department

2.0
  •  posted on 12 Mar 2023

1.0
 for  Salary and Benefits

Likes

You have decision making power which helps in gaining experience hands-on.

  • Job security - Good

Dislikes

Work life balance, appraisal, salary benefits are in no way linked to your performance. It's all driven by internal politics. Never trust any promise made by senior management or HR department at Mahindra. 0% reliability.

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

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Mahindra & Mahindra Sourcing Manager Salary FAQs

What is the salary of Sourcing Manager at Mahindra & Mahindra in Mumbai?
The average salary of a Sourcing Manager at Mahindra & Mahindra in Mumbai typically ranges from ₹17.0 Lakhs to ₹30.1 Lakhs per year, depending on experience (from 11 years to 17 years).

The top 10% of Sourcing Manager in Mumbai at Mahindra & Mahindra earn more than ₹29.1 Lakhs per year, and the top 1% earn over ₹30.1 Lakhs per year. Sourcing Manager Salaries at Mahindra & Mahindra can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 7 Mahindra & Mahindra employees in India.
What is the estimated take home salary of a Sourcing Manager at Mahindra & Mahindra in Mumbai?
The estimated take-home salary of a Sourcing Manager at Mahindra & Mahindra in Mumbai typically ranges from ₹1,37,520 to ₹1,42,601 per month. This is based on the average salary range of ₹17.0 Lakhs to ₹30.1 Lakhs per year for employees with experience ranging from 11 years to 17 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of Mahindra & Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Sourcing Manager at Mahindra & Mahindra in Mumbai?
To be a Sourcing Manager at Mahindra & Mahindra in Mumbai, the key skills required include:

  • - PPAP
  • - Quality Improvement
  • - RFQ
  • - QA Engineering
  • - Mechanical Engineering

These skills are highly valued at Mahindra & Mahindra and are crucial for successful performance in a Software Engineering role.
What is the salary of a Sourcing Manager in companies similar to Mahindra & Mahindra in Mumbai?
The salary of a Sourcing Manager at companies similar to Mahindra & Mahindra in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Reliance Retail ₹4.6 Lakhs to ₹14.8 Lakhs per year
Lodha Group ₹4.5 Lakhs to ₹11.0 Lakhs per year
THE GUARDIANS Real Estate Advisory ₹3.5 Lakhs to ₹8.4 Lakhs per year
Veena Developers ₹4.7 Lakhs to ₹6.9 Lakhs per year
ANAROCK Property Consultants ₹3.7 Lakhs to ₹7.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Sourcing Manager at Mahindra & Mahindra in Mumbai?
The salary growth for a Sourcing Manager at Mahindra & Mahindra in Mumbai depends on factors such as experience, performance, and promotions. On average, a Sourcing Manager in Mumbai can expect the following growth trajectory at Mahindra & Mahindra:

Experience Average Salary Range
11 years ₹17.5 Lakhs to ₹22.4 Lakhs per year
12 years ₹18.2 Lakhs to ₹23.3 Lakhs per year
13 years ₹19.0 Lakhs to ₹24.2 Lakhs per year
14 years ₹19.7 Lakhs to ₹25.2 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra & Mahindra Sourcing Manager salary in Mumbai ranges between ₹17 Lakhs to ₹30.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.