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Sourcing Analyst

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April 28, 2024 3 minute read

Working as a Sourcing Analyst is a great choice for those interested in pursuing a career in supply chain management. This career involves collaborating with suppliers, conducting market research, and negotiating contracts. Many learners who begin with online courses eventually pursue further education or even pivot their careers to become Sourcing Analysts.

Required Skills

Sourcing Analysts may be expected to be able to:

  • Negotiate contracts
  • Manage supplier relationships
  • Conduct market research
  • Analyze data and identify trends
  • Develop and implement sourcing strategies

Education and Certification

Depending on the curriculum of the course, those who take online courses in sourcing analytics or procurement and sourcing introduction may gain a basic understanding of the industry. Students may later choose to pursue a bachelor's or master's degree in supply chain management, business administration, or a related field.

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Salaries for Sourcing Analyst

City
Median
New York
$120,000
San Francisco
$101,000
Seattle
$151,000
See all salaries
City
Median
New York
$120,000
San Francisco
$101,000
Seattle
$151,000
Austin
$65,000
Toronto
$97,000
London
£60,000
Paris
€55,000
Berlin
€60,000
Tel Aviv
₪247,000
Singapore
S$78,000
Beijing
¥1,089,000
Shanghai
¥415,000
Bengalaru
₹590,000
Delhi
₹369,000
Bars indicate relevance. All salaries presented are estimates. Completion of this course does not guarantee or imply job placement or career outcomes.

Path to Sourcing Analyst

Take the first step.
We've curated two courses to help you on your path to Sourcing Analyst. Use these to develop your skills, build background knowledge, and put what you learn to practice.
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