The steps to become a sourcing manager can include getting a college degree in addition to acquiring industry knowledge and experience. Sourcing managers usually have at least one year of experience, and for many positions five or more years are preferred. This work involves finding the best sources of products and services for a company, including both goods for sale and products necessary for company operations. The sourcing manager may need to travel as part of his work and must be very familiar with the industry and the needs of the employer.
Many employers preferentially hire managerial applicants with degrees. A four year college degree may create more opportunities for a person who plans to become a sourcing manager. The degree can be in business, accounting, or a related field. For people with an interest in working with foreign suppliers, language education can also be very useful. Fluency can allow a sourcing manager to communicate directly, rather than relying on the services of an interpreter.
Pursuing a master's degree can be helpful for some positions, but is not required. One option to consider is to start working after obtaining a bachelor's degree and go to school for a master's while working. This will allow someone who wants to become a sourcing manager to gain valuable work experience while also pursuing higher education. Some employers may assist with the costs of going to university, especially for a valued employee with high potential.
Industry experience is also necessary to become a sourcing manager. People with an interest in this career can apply to sourcing departments to work under more experienced personnel. They will learn more about the company and how it operates. Working in the sourcing department also allows prospective sourcing managers to learn about how the company handles sourcing. As she builds up experience, she can start to apply for job openings higher up in the ranks, or can meet with a supervisor to discuss promotion.
While on track to become a sourcing manager, it can be helpful to pursue continuing education opportunities. Trade magazines and organizations can be useful for people who want to keep up with regulations, current events in the industry, and other news. Conferences can be an excellent opportunity for networking. People may find new employers through conferences or could make connections with prospective sources that will come in handy as they take over more sourcing responsibilities.
