Otis Elevator Manager Strategic Sourcing Salaries by 5 Employees

11 - 16 years exp.

₹16 Lakhs - ₹26 Lakhs

Low Confidence

Salary of majority employees

9% more than the average Manager Strategic Sourcing Salary in Consumer Electronics & Appliances Companies for 11 - 16 years of experience

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Last Updated: 19 Sep 2024

Companies similar to Otis Elevator for Manager Strategic Sourcing

Company name	Avg Annual Salary	Open Jobs
Mondelez International Manager Strategic Sourcing Salary 6 - 10 years exp. (5 salaries)	₹40 L/yr - ₹51 L/yr 110% more
Johnson & Johnson Manager Strategic Sourcing Salary 14 - 19 years exp. (4 salaries)	₹52 L/yr - ₹53 L/yr 149% more
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Kohler Manager Strategic Sourcing Salary 12 - 17 years exp. (4 salaries)	₹27.7 L/yr - ₹40 L/yr 50% more
TE Connectivity Manager Strategic Sourcing Salary 5 - 10 years exp. (3 salaries)	₹7.8 L/yr - ₹18.4 L/yr 37% less
Mahindra & Mahindra Manager Strategic Sourcing Salary 9 - 16 years exp. (50 salaries)	₹12.5 L/yr - ₹26.5 L/yr 17% less

Manager Strategic Sourcing salary at Otis Elevator ranges between ₹16 Lakhs to ₹26 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of Otis Elevator.

Experience wise Otis Elevator Manager Strategic Sourcing salaries

Last Updated: 19 Sep 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹16 L/yr - ₹30.4 L/yr
12 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹20 L/yr
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13 years (AmbitionBox Estimate)	₹18.3 L/yr - ₹23.4 L/yr
14 years (AmbitionBox Estimate)	₹22 L/yr - ₹39.8 L/yr
15+ years (AmbitionBox Estimate)	₹23 L/yr - ₹26 L/yr

Similar Designation salaries in Otis Elevator

Purchase Executive Salary

(20 salaries)

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Procurement Executive Salary

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₹2.58 L/yr - ₹9.26 L/yr

Supply Chain Manager Salary

(6 salaries)

₹12 L/yr - ₹25 L/yr

Assistant Manager Strategic Sourcing Salary

(4 salaries)

₹10 L/yr - ₹10.5 L/yr

Supply Chain Executive Salary

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₹2.5 L/yr - ₹3.5 L/yr

Store Incharge Salary

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₹1.8 L/yr - ₹9.5 L/yr

Purchase Manager Salary

(4 salaries)

₹15.1 L/yr - ₹21.5 L/yr

Strategic Sourcing Executive Salary

(3 salaries)

₹4.5 L/yr - ₹10.5 L/yr

Senior Manager - Strategic Sourcing Salary

(3 salaries)

₹28 L/yr - ₹30 L/yr

Purchase Engineer Salary

(3 salaries)

₹4.2 L/yr - ₹5 L/yr

Top skills at Otis Elevator for Manager Strategic Sourcing

Cost Reduction Product Management Supplier Development Supply Chain Manufacturing Process Packaging Prototype Field Operations freight

Salary related reviews for Otis Elevator

Finance Executive in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 01 Dec 2023

2.0

for Salary and Benefits

Likes

There's nothing that I like in OTIS, I'm just grateful for learning the utmost life lessons for personal growth

Dislikes

...lity Rating in terms of your relationship with the lead rather than performance Lot of Personal reference and salary discrimination Toxic work environment

Salary - Poor

+5 more

ITI Electrician, Electrical Maintenance in New Delhi

Full Time

Engineering - Hardware & Networks Department

5.0

• posted on 28 May 2022

2.0

for Salary and Benefits

Likes

I am doing work in Otis elevator company in similarly work and repair and maintenance and installation.

Dislikes

Just time doing work in Otis elevator company in third party sub contractor pay so I want doing work in properly join duty in Otis elevator company not pay third party sub contractor.

Salary - Poor

+5 more

R&D Engineer in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 10 Aug 2023

3.0

for Salary and Benefits

Likes

If you are not looking for salary Then go for its this company is a better place for learning 3 year at Otis boots your carrier

Skill development - Excellent

+3 more

Dislikes

Work life balance is not that much good and salary is not upto the industrial standards

Work-life balance - Poor

Manager in Bangalore / Bengaluru

Project & Program Management Department

2.0

• posted on 30 May 2022

4.0

for Salary and Benefits

Likes

...hnical expertise within OTIS after sometime you will be redundant in the market. Financially they will pay more however long-term don't expect any promotion.

Salary - Good

Dislikes

Middle management who are not subject matter expert create all problems. They will never allow to grow in the Organisation. Also there are more regional politics is there. People who can speak get more preference in the organisation. Top management listen to them and they get all promotion.

Skill development - Bad

+5 more

System Engineer in Jigani, Bangalore

Full Time

Research & Development Department

5.0

• posted on 03 Jul 2022

3.0

for Salary and Benefits

Likes

Working at Otis is my memorable days in terms of learning, development (personal & professional) and supportive colleagues as wall as managers.Overall personality development along with work we can experience here.

Skill development - Excellent

+5 more

Dislikes

My reason to switch company is only financial issue otherwise I would have never left this company and salary offered to me was not compatible.

see more salary related reviews

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Otis Elevator Manager Strategic Sourcing Salary FAQs

What is the salary of Manager Strategic Sourcing at Otis Elevator ?

The average salary of a Manager Strategic Sourcing at Otis Elevator in India typically ranges from ₹16.0 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 11 years to 16 years).

The top 10% of Manager Strategic Sourcing at Otis Elevator earn more than ₹26.0 Lakhs per year, and the top 1% earn over ₹26.0 Lakhs per year. Manager Strategic Sourcing Salaries at Otis Elevator 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 5 Otis Elevator employees in India.

What is the estimated take home salary of a Manager Strategic Sourcing at Otis Elevator in India?

The estimated take-home salary of a Manager Strategic Sourcing at Otis Elevator in India typically ranges from ₹1,38,293 to ₹1,43,410 per month. This is based on the average salary range of ₹16.0 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 11 years to 16 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 5 salaries received from various employees of Otis Elevator. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Manager Strategic Sourcing at Otis Elevator ?

To be a Manager Strategic Sourcing at Otis Elevator in india, the key skills required include:

- Cost Reduction
- Product Management
- Supplier Development
- Supply Chain
- Manufacturing Process

These skills are highly valued at Otis Elevator and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Otis Elevator for Manager Strategic Sourcing in India?

Johnson & Johnson	₹52.0 Lakhs to ₹53.0 Lakhs per year
Mondelez International	₹40.0 Lakhs to ₹51.0 Lakhs per year
Kohler	₹27.7 Lakhs to ₹40.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Otis Elevator, depending on the role and experience level.

What is the salary of a Manager Strategic Sourcing in companies similar to Otis Elevator in India?

The salary of a Manager Strategic Sourcing at companies similar to Otis Elevator in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahindra & Mahindra	₹12.5 Lakhs to ₹26.5 Lakhs per year
TE Connectivity	₹7.8 Lakhs to ₹18.4 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 Manager Strategic Sourcing at Otis Elevator in India?

The salary growth for a Manager Strategic Sourcing at Otis Elevator depends on factors such as experience, performance, and promotions. On average, a Manager Strategic Sourcing can expect the following growth trajectory at Otis Elevator:

Experience	Average Salary Range
11 years	₹16.0 Lakhs to ₹30.4 Lakhs per year
12 years	₹7.5 Lakhs to ₹20.0 Lakhs per year
13 years	₹18.3 Lakhs to ₹23.4 Lakhs per year
14 years	₹22.0 Lakhs to ₹39.8 Lakhs per year

and so on.

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Otis Elevator Manager Strategic Sourcing Salaries

Otis Elevator Manager Strategic Sourcing salary in India ranges between ₹16 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Otis Elevator latest salaries received from various employees of Otis Elevator.