Spencer's Retail Sourcing Manager Salaries by 7 Employees (Updated 2025)

6 - 16 years exp.

₹10 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

At par with the average Sourcing Manager Salary in Retail Companies for 6 - 16 years of experience

Interested in this particular role? 1 job opening

Last Updated: 28 Dec 2023

Companies similar to Spencer's Retail for Sourcing Manager

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Fashion and Retail Sourcing Manager Salary 5 - 20 years exp. (20 salaries)	₹7.6 L/yr - ₹22.5 L/yr 26% more
Reliance Retail Sourcing Manager Salary 2 - 19 years exp. (94 salaries)	₹4.3 L/yr - ₹17.2 L/yr 14% less
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Trent Sourcing Manager Salary 3 - 20 years exp. (4 salaries)	₹5.3 L/yr - ₹9 L/yr 42% less
V-Mart Sourcing Manager Salary 4 - 20 years exp. (3 salaries)	₹13 L/yr - ₹25 L/yr 37% more
Shoppers Stop Sourcing Manager Salary 8 - 20 years exp. (4 salaries)	₹15 L/yr - ₹30 L/yr 60% more
DMart Sourcing Manager Salary 1 - 3 years exp. (3 salaries)	₹2 L/yr - ₹4.7 L/yr 70% less
Target Sourcing Manager Salary 2 - 14 years exp. (7 salaries)	₹22 L/yr - ₹32 L/yr 116% more
Lowe's Sourcing Manager Salary 10 - 20 years exp. (6 salaries)	₹22 L/yr - ₹30 L/yr 118% more
Landmark Group Sourcing Manager Salary 6 - 25 years exp. (6 salaries)	₹8 L/yr - ₹19.5 L/yr 7% more
Titan Company Sourcing Manager Salary 2 - 17 years exp. (4 salaries)	₹15 L/yr - ₹30.1 L/yr 67% more
VIP Industries Sourcing Manager Salary 8 - 14 years exp. (4 salaries)	₹11.8 L/yr - ₹15 L/yr 6% more
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CANTABIL RETAIL INDIA Sourcing Manager Salary 8 - 24 years exp. (3 salaries)	₹9 L/yr - ₹24 L/yr 14% more
Tesco Sourcing Manager Salary 10 - 16 years exp. (3 salaries)	₹19.2 L/yr - ₹34 L/yr 111% more

Sourcing Manager salary at Spencer's Retail ranges between ₹10 Lakhs to ₹14 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 7 latest salaries received from various employees of Spencer's Retail.

Experience wise Spencer's Retail Sourcing Manager salaries

Last Updated: 28 Dec 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹10 L/yr - ₹20.9 L/yr
7 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.6 L/yr
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8 years (AmbitionBox Estimate)	₹10 L/yr - ₹21.5 L/yr
9 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹14 L/yr
10 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.2 L/yr
11 years (AmbitionBox Estimate)	₹5 L/yr - ₹14 L/yr
12 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.6 L/yr
13 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹14 L/yr
14 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹13.5 L/yr
15+ years (AmbitionBox Estimate)	₹5.3 L/yr - ₹14 L/yr

View all

Similar Designation salaries in Spencer's Retail

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Purchase Manager Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Store Manager Salary

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₹2.2 L/yr - ₹10 L/yr

Operations Manager Salary

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₹5.7 L/yr - ₹11.5 L/yr

Category Manager Salary

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₹7 L/yr - ₹20 L/yr

Deputy Manager Salary

(3 salaries)

₹2.1 L/yr - ₹5.1 L/yr

Supply Chain Manager Salary

(4 salaries)

₹7.6 L/yr - ₹11 L/yr

Purchase Officer Salary

(3 salaries)

₹2 L/yr - ₹5 L/yr

Deputy General Manager Salary

(14 salaries)

₹21.5 L/yr - ₹39.5 L/yr

Buyer Salary

(AmbitionBox Estimate)

₹1.2 L/yr - ₹1.5 L/yr

Salary related reviews for Spencer's Retail

1.5

Rated by 2 employees for salary & benefits

Team Lead in Lucknow

Fmcg,cash,staple,FNV Department

4.0

• posted on 24 Mar 2018

3.0

for Salary and Benefits

Likes

Spencer's company is very good for start your Career in Retail it is very good teacher ,but after that no need to stay in company more then 3 years

Skill development - Excellent

+4 more

Dislikes

Here nothing to dislike but growth was very slow for team Leader & above post as well as compensation is little bit less

Promotions - Poor

Senior Executive in Varanasi

Full Time

Research & Development Department

5.0

• posted on 29 Sep 2024

5.0

for Salary and Benefits

Likes

...people are keeping their relatives by doing politics and firing their employees. The company needs to pay attention to this.

Salary - Excellent

+5 more

Dislikes

There is politics going on at Spencer right now that is detrimental to the company.

Chief Administration Manager in Kolkata

Full Time

Administration & Facilities Department

2.0

• posted on 21 Jan 2024

4.0

for Salary and Benefits

Likes

...company. It was a much better organisation but destroyed by son of the promoter. You get your salary on time and in case you are joining new they will offer above the market price as no one wants to continue after 3 months of joining.

Salary - Good

Dislikes

It is a classic case of over zealous promoters destroying a business. Non competent son of the promoter thinks himself as God and all employees as piece of furniture. Management changes after every 3 years. Some CXOs leaves even before that. Every year people gets fired as cost cutting is the only tool for sustainability, as per the promoter. Do not join even if they offer a higher than market price also.

Skill development - Bad

+4 more

Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 05 Aug 2024

2.0

for Salary and Benefits

Likes

Good work life balance. On time salary.

Company culture - Good

+1 more

Dislikes

Inter Department politics. VP - BD thinks he is the owner of the company. Puts undue pressure on other departments to cover own department’s incompetence. Unethical approach towards work resulting in haphazard and rushed decisions. To quote Neerav Sejpal, “let’s get things done, if any thing crops up, let the company face after 10 years, we won’t be there then.”

Salary - Poor

+1 more

Commercial Executive And Sales Coordinator in Kolkata

Full Time

Finance & Accounting Department

2.0

• posted on 24 Jun 2022

2.0

for Salary and Benefits

Likes

Spencers do not fired any employee during lockdown and it credited salary within specific time,

Job security - Good

Dislikes

There is no motivational work and also here is no career growth untill you do butter oiling. Here is no increment even you do hard work. If you work hardly, but you can't do butter oiling, then you are not able to attract your senior, only the person who do the butter oiling properly, then he/she attract by seniors. Most of the employee give resign for this *NEPOTISM*

Salary - Poor

+2 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Spencer's Retail Sourcing Manager Salary FAQs

What is the salary of Sourcing Manager at Spencer's Retail?

Sourcing Manager salary at Spencer's Retail in India ranges between ₹10.0 Lakhs to ₹14.0 Lakhs for experience between 6 years to 16 years. According to our estimates it is 3% less than the average Sourcing Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Spencer's Retail India.

How does the salary of a Sourcing Manager at Spencer's Retail India compare with the average salary range for this job?

The average salary of a Sourcing Manager at Spencer's Retail is 3% less than the average salary of a Sourcing Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Spencer's Retail to a Sourcing Manager in India?

Lowe's Sourcing Manager Salary - ₹22.0 Lakhs to ₹30.0 Lakhs per year
Target Sourcing Manager Salary - ₹22.0 Lakhs to ₹32.0 Lakhs per year
Tesco Sourcing Manager Salary - ₹19.2 Lakhs to ₹34.0 Lakhs per year
Titan Company Sourcing Manager Salary - ₹15.0 Lakhs to ₹30.1 Lakhs per year
Shoppers Stop Sourcing Manager Salary - ₹15.0 Lakhs to ₹30.0 Lakhs per year

What is the salary of a Sourcing Manager in companies similar to Spencer's Retail in India?

V-Mart Sourcing Manager Salary - ₹13.0 Lakhs to ₹25.0 Lakhs per year
Aditya Birla Fashion and Retail Sourcing Manager Salary - ₹7.6 Lakhs to ₹22.5 Lakhs per year
CANTABIL RETAIL INDIA Sourcing Manager Salary - ₹9.0 Lakhs to ₹24.0 Lakhs per year
Landmark Group Sourcing Manager Salary - ₹8.0 Lakhs to ₹19.5 Lakhs per year
VIP Industries Sourcing Manager Salary - ₹11.8 Lakhs to ₹15.0 Lakhs per year

What is the estimated take home salary of a Sourcing Manager at Spencer's Retail in India?

The estimated take-home salary of a Sourcing Manager at Spencer's Retail ranges between ₹88,510 per month to ₹90,834 per month in India. The take-home salary calculation is based on the average Spencer's Retail Sourcing Manager salary in India which ranges between ₹10.0 Lakhs to ₹14.0 Lakhs per year for employees with experience between 6 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Sourcing Manager at Spencer's Retail?

According to AmbitionBox, 100% of the Spencer's Retail Sourcing Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Spencer's Retail Sourcing Manager Salaries

Spencer's Retail Sourcing Manager salary in India ranges between ₹10 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Spencer's Retail latest salaries received from various employees of Spencer's Retail.