Sourcing Manager Contracts

Sourcing Manager
UK

The median Sourcing Manager daily rate in the UK is £565 according to job vacancies posted during the 6 months to 4 May 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
4 May 2024
Same period 2023 Same period 2022
Rank 581 715 845
Rank change year-on-year +134 +130 -154
Contract jobs requiring a Sourcing Manager 10 3 9
As % of all contract jobs advertised in the UK 0.023% 0.005% 0.010%
As % of the Job Titles category 0.025% 0.005% 0.011%
Number of daily rates quoted 6 1 3
10th Percentile £494 - £430
25th Percentile £534 £513 £438
Median daily rate (50th Percentile) £565 £525 £450
Median % change year-on-year +7.52% +16.67% -26.53%
75th Percentile £613 £538 £600
90th Percentile £628 - £675
UK excluding London median daily rate £534 £525 £450
% change year-on-year +1.71% +16.67% -
Number of hourly rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £26.63
Median hourly rate - - £27.25
75th Percentile - - £27.88
90th Percentile - - -
UK excluding London median hourly rate - - £27.25

All Contract IT Job Vacancies
UK

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in the UK with a recognized job title 40,021 55,966 84,699
% of contract IT jobs with a recognized job title 92.75% 94.62% 95.45%
Number of daily rates quoted 26,056 39,104 59,482
10th Percentile £280 £313 £313
25th Percentile £409 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +10.53%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £490 £500 £475
% change year-on-year -2.00% +5.26% +11.76%
Number of hourly rates quoted 2,666 1,571 2,084
10th Percentile £12.86 £14.30 £12.50
25th Percentile £16.30 £19.06 £15.63
Median hourly rate £36.50 £45.00 £23.81
Median % change year-on-year -18.89% +89.04% +5.80%
75th Percentile £61.29 £65.75 £49.19
90th Percentile £72.50 £76.00 £63.71
UK excluding London median hourly rate £40.00 £42.26 £19.52
% change year-on-year -5.35% +116.50% +2.74%

Sourcing Manager
Job Vacancy Trend

Job postings that featured Sourcing Manager in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Sourcing Manager in the UK

Sourcing Manager
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Sourcing Manager.

Daily rate trend for Sourcing Manager in the UK

Sourcing Manager
Daily Rate Histogram

Daily rate distribution for jobs citing Sourcing Manager over the 6 months to 4 May 2024.

Daily rate histogram for Sourcing Manager in the UK

Sourcing Manager
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Sourcing Manager.

Hourly rate trend for Sourcing Manager in the UK

Sourcing Manager
Top 8 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Sourcing Manager within the UK over the 6 months to 4 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
England +115 8 £565 +7.52% 2
UK excluding London +69 5 £534 +1.71% 1
North of England - 5 £534 -
East Midlands - 5 £534 -
Midlands - 5 £534 -
North West - 5 £534 -
London +103 3 £625 - 1
Work from Home - 2 £478 -

Sourcing Manager Skill Set
Top 23 Co-occurring Skills and Capabilities

For the 6 months to 4 May 2024, Sourcing Manager contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads featuring Sourcing Manager in the job title.

1 7 (70.00%) Process Improvement
2 6 (60.00%) Contract Negotiation
3 3 (30.00%) Finance
4 2 (20.00%) Management Information System
4 2 (20.00%) Marketing
4 2 (20.00%) SharePoint
4 2 (20.00%) Document Management
4 2 (20.00%) Spanish Language
5 1 (10.00%) Continuous Improvement
5 1 (10.00%) Performance Analysis
5 1 (10.00%) Source to Pay
5 1 (10.00%) Supplier Relationship Management
5 1 (10.00%) Impact Assessments
5 1 (10.00%) ERP
5 1 (10.00%) Ariba
5 1 (10.00%) Project Management
5 1 (10.00%) Pharmaceutical
5 1 (10.00%) Change Management
5 1 (10.00%) Biotechnology
5 1 (10.00%) Life Science
5 1 (10.00%) SAP
5 1 (10.00%) Legal
5 1 (10.00%) Banking

Sourcing Manager Skill Set
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (20.00%) SharePoint
General
1 3 (30.00%) Finance
2 2 (20.00%) Marketing
2 2 (20.00%) Spanish Language
3 1 (10.00%) Banking
3 1 (10.00%) Legal
3 1 (10.00%) Pharmaceutical
Miscellaneous
1 2 (20.00%) Management Information System
2 1 (10.00%) Life Science
Processes & Methodologies
1 7 (70.00%) Process Improvement
2 6 (60.00%) Contract Negotiation
3 2 (20.00%) Document Management
4 1 (10.00%) Biotechnology
4 1 (10.00%) Change Management
4 1 (10.00%) Continuous Improvement
4 1 (10.00%) ERP
4 1 (10.00%) Impact Assessments
4 1 (10.00%) Performance Analysis
4 1 (10.00%) Project Management
4 1 (10.00%) Source to Pay
4 1 (10.00%) Supplier Relationship Management
Vendors
1 1 (10.00%) Ariba
1 1 (10.00%) SAP