VIP Industries Sourcing Manager Salaries by 4 Employees

8 - 14 years exp.

₹11.8 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

At par with the average Sourcing Manager Salary in Retail Companies for 8 - 14 years of experience

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Salaries in different departments

Procurement & Supply Chain Sourcing Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹10.6 L/yr - ₹12.9 L/yr
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Merchandising, Retail & eCommerce Sourcing Manager Salary 14 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹16.5 L/yr

Last Updated: 13 Mar 2023

Companies similar to VIP Industries for Sourcing Manager

Company name	Avg Annual Salary	Open Jobs
Target Sourcing Manager Salary 2 - 14 years exp. (7 salaries)	₹22 L/yr - ₹32 L/yr 104% more
Spencer's Retail Sourcing Manager Salary 6 - 16 years exp. (7 salaries)	₹10 L/yr - ₹14 L/yr 6% less
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Landmark Group Sourcing Manager Salary 6 - 16 years exp. (7 salaries)	₹8 L/yr - ₹22.4 L/yr 49% more
Lowe's Sourcing Manager Salary 10 - 20 years exp. (6 salaries)	₹22 L/yr - ₹30 L/yr 106% more
Shoppers Stop Sourcing Manager Salary 8 - 20 years exp. (4 salaries)	₹15 L/yr - ₹30 L/yr 51% more
CANTABIL RETAIL INDIA Sourcing Manager Salary 8 - 24 years exp. (3 salaries)	₹9 L/yr - ₹24 L/yr 7% more
Tesco Sourcing Manager Salary 10 - 16 years exp. (3 salaries)	₹19.2 L/yr - ₹34 L/yr 99% more

Sourcing Manager salary at VIP Industries ranges between ₹11.8 Lakhs to ₹15 Lakhs per year for employees with experience between 8 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of VIP Industries.

Experience wise VIP Industries Sourcing Manager salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹11.8 L/yr
9 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹21.7 L/yr
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10 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.5 L/yr
11 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr
12 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.9 L/yr
13 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.5 L/yr
14 years (AmbitionBox Estimate)	₹6 L/yr - ₹15 L/yr

View all

Similar Designation salaries in VIP Industries

Commercial Manager Salary

(4 salaries)

₹15.09 L/yr - ₹24.3 L/yr

Purchase Manager Salary

(4 salaries)

₹13.6 L/yr - ₹21 L/yr

Store Manager Salary

(93 salaries)

₹1.7 L/yr - ₹5.85 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹5.1 L/yr - ₹6.6 L/yr

Category Manager Salary

(4 salaries)

₹18 L/yr - ₹18.5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.6 L/yr

Supply Chain Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Purchase Officer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Purchase Engineer Salary

(5 salaries)

₹1.2 L/yr - ₹2.5 L/yr

Deputy General Manager Salary

(3 salaries)

₹31.5 L/yr - ₹48 L/yr

Top skills at VIP Industries for Sourcing Manager

Finance Costing Negotiation Product Development LI

Salary related reviews for VIP Industries

Shift Incharge in Hapur

Full Time

Procurement & Supply Chain Department

4.0

• posted on 04 Dec 2024

4.0

for Salary and Benefits

Likes

I joined VIP industries June -24 . There are many opportunities to learn and develop new skills.management is good and keeps employees stress free. The company has a supportive work culture and diverse ,multi - culture team.the company's core values include youthfulness ,meritocracy, entrepreneurship and innovation.

Salary - Good

+5 more

Dislikes

... is poor . Internal promotion are rare. Employees required to work extend hours. The company treats trainees as a contract labour and offer them low salary.

Senior Marketing Manager in Mumbai

Full Time

Marketing & Communication Department

1.0

• posted on 25 Apr 2024

5.0

for Salary and Benefits

Likes

Salary on time

Salary - Excellent

Dislikes

Toxic culture. No systems. Abusive culture. Marketing does not know what they are doing. Asked to do same ppt again and again rework. Same excel whole month. Job involved only PPT, Excel and Toxic culture. No learning No mental peace. Seniors harass juniors purposely.

Skill development - Bad

+5 more

CNC Programmer in Nashik

Full Time

Media Production & Entertainment Department

3.0

• posted on 27 Nov 2023

1.0

for Salary and Benefits

Likes

There is departmental officer's are very good and give good experience and also give better knowledge about given things...

Skill development - Good

+1 more

Dislikes

...ther overall things for those candidates who work in industry is very poor👎 And unsatisfaction at the time of salary and promotion😞

Salary - Bad

+2 more

Officer in Mumbai

Full Time

Procurement & Supply Chain Department

3.0

• posted on 30 Oct 2021

1.0

for Salary and Benefits

Likes

Only work here, and team people

Dislikes

If you have referal here then you can get promotion, growth and good salary hike otherwise you can work here years to years no pramotion no salary hike and no growth. Very bad organization to work.

Salary - Bad

+6 more

Brand Promoter in Ranchi

Full Time

Other Department

5.0

• posted on 04 Jun 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+5 more

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VIP Industries Sourcing Manager Salary FAQs

What is the salary of Sourcing Manager at VIP Industries ?

The average salary of a Sourcing Manager at VIP Industries in India typically ranges from ₹11.8 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 8 years to 14 years).

The top 10% of Sourcing Manager at VIP Industries earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Sourcing Manager Salaries at VIP Industries 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 4 VIP Industries employees in India.

What is the estimated take home salary of a Sourcing Manager at VIP Industries in India?

The estimated take-home salary of a Sourcing Manager at VIP Industries in India typically ranges from ₹93,266 to ₹95,770 per month. This is based on the average salary range of ₹11.8 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 8 years to 14 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 4 salaries received from various employees of VIP Industries. 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 VIP Industries ?

To be a Sourcing Manager at VIP Industries in india, the key skills required include:

- Finance
- Costing
- Negotiation
- Product Development
- LI

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

Which companies offer higher salaries than VIP Industries for Sourcing Manager in India?

Lowe's	₹22.0 Lakhs to ₹30.0 Lakhs per year
Target	₹22.0 Lakhs to ₹32.0 Lakhs per year
Tesco	₹19.2 Lakhs to ₹34.0 Lakhs per year
Shoppers Stop	₹15.0 Lakhs to ₹30.0 Lakhs per year
Landmark Group	₹8.0 Lakhs to ₹22.4 Lakhs per year

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

What is the salary of a Sourcing Manager in companies similar to VIP Industries in India?

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

CANTABIL RETAIL INDIA	₹9.0 Lakhs to ₹24.0 Lakhs per year
Spencer's Retail	₹10.0 Lakhs to ₹14.0 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 VIP Industries in India?

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

Experience	Average Salary Range
8 years	₹11.8 Lakhs to ₹11.8 Lakhs per year
9 years	₹11.8 Lakhs to ₹21.7 Lakhs per year
10 years	₹11.4 Lakhs to ₹14.5 Lakhs per year
11 years	₹11.9 Lakhs to ₹15.2 Lakhs per year

and so on.

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VIP Industries Sourcing Manager Salaries

VIP Industries Sourcing Manager salary in India ranges between ₹11.8 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 VIP Industries latest salaries received from various employees of VIP Industries.

VIP Industries Sourcing Manager salaries in India

Companies similar to VIP Industries for Sourcing Manager

Latest annual salaries shared by VIP Industries Sourcing Manager

Experience wise VIP Industries Sourcing Manager salaries

Similar Designation salaries in VIP Industries

Top skills at VIP Industries for Sourcing Manager

Salary related reviews for VIP Industries

Shift Incharge in Hapur

Senior Marketing Manager in Mumbai

CNC Programmer in Nashik

Officer in Mumbai

Brand Promoter in Ranchi

VIP Industries Sourcing Manager Salary FAQs

Tell us how to improve this page.