EVP Procurement / Sourcing (Direct)
Salary surveys & compensation benchmarks
3 compensation survey reports publish salary benchmarks for EVP Procurement / Sourcing (Direct). Compare what each vendor covers and pick the right one for your organization.
Role summary
Provides leadership in the development of a strategic approach to the procurement of raw materials, chemicals, equipment, supplies, machinery, tooling, and vendor services used in the manufacturing and production process. Partners with Quality Assurance, Materials Management and EHS to develop and implement processes to validate and approve suppliers and vendors and ensure appropriate storage and handling of inventory obtained. Establishes purchasing standards, systems, policies, and procedures related to the acquisition of goods and services necessary for the production and manufacturing of products while achieving cost effective business strategies. Develops and implements policies, procedures and objectives necessary to obtain products and services at the lowest costs possible while still achieving the organization's high standards for quality. Oversees the management of the competitive bidding process and ensures that contracts are awarded as appropriate. Develops methods to track companywide spending and cost savings achieved through various purchase initiatives companywide. Identifies critical success factors to ensure efficient and effective supplier sourcing and contract functions meet business stakeholder requirements. Builds strong internal and external relationships. NOT responsible for the acquisition of corporate supplies, systems and services. Typically requires degrees in Business, Supply Chain, Finance or related studies plus related Procurement or Supply Chain experience in large complex organizations.
Job summary sourced from the Empsight benchmark job library.
Reports covering EVP Procurement / Sourcing (Direct)
EVP Procurement / Sourcing (Direct) salary survey FAQ
- Which compensation surveys cover EVP Procurement / Sourcing (Direct) pay?
- 3 surveys publish EVP Procurement / Sourcing (Direct) benchmarks, including data from Empsight. The full list is on this page; click into any one for scope, methodology, and pricing.
- How does EVP Procurement / Sourcing (Direct) pay vary by industry and geography?
- Compensation for EVP Procurement / Sourcing (Direct) varies by industry, region, company size, and revenue. Most surveys above publish cuts on those dimensions. Industry-specific surveys (healthcare, tech, financial services, etc.) typically report meaningfully different ranges than cross-industry surveys for the same role.
- What is the typical salary range for EVP Procurement / Sourcing (Direct)?
- CompShop is a directory of compensation-survey publishers, not a salary aggregator. Actual EVP Procurement / Sourcing (Direct) ranges live in the surveys listed on this page. Most publishers report 25th, 50th, 75th, and 90th percentile salary data plus total cash compensation.
- How often should I refresh EVP Procurement / Sourcing (Direct) pay benchmarks?
- Annually is the standard cadence for primary roles. Survey data older than two years is generally too stale for setting current pay ranges, especially in hot segments. Most publishers above release annual editions; a few offer semi-annual updates for fast-moving markets.