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The differences between directors of global sourcing and directors of materials management can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a director of global sourcing and a director of materials management. Additionally, a director of global sourcing has an average salary of $142,539, which is higher than the $91,206 average annual salary of a director of materials management.
The top three skills for a director of global sourcing include supply chain, strategic sourcing and global sourcing. The most important skills for a director of materials management are materials management, supply chain, and patients.
| Director Of Global Sourcing | Director Of Materials Management | |
| Yearly salary | $142,539 | $91,206 |
| Hourly rate | $68.53 | $43.85 |
| Growth rate | -6% | -6% |
| Number of jobs | 24,222 | 81,836 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 55% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
A director of global sourcing spearheads and oversees an organization's supply chain operations at a worldwide scale. Although their duties may vary upon their industry of employment, it usually includes conducting foreign market research and analyses to find business and client opportunities, setting goals and sales objectives, establishing project roadmaps and guidelines, and negotiating with potential business partners, building positive relationships in the process. Moreover, as a director of global sourcing, it is essential to manage and empower teams to reach goals while implementing the company's standards and policies.
A director of materials management is primarily in charge of spearheading and overseeing the daily operations in a company's purchasing and supply departments. It is their duty to set goals and guidelines, supervise the procurement programs and procedures, manage purchasing staff, review documentation and requests, and liaise with vendors and suppliers, building positive relationships with them. They must also address issues and concerns, resolving them in a timely and efficient manner. Furthermore, a director of materials management must lead teams while implementing the company's policies and regulations.
Directors of global sourcing and directors of materials management have different pay scales, as shown below.
| Director Of Global Sourcing | Director Of Materials Management | |
| Average salary | $142,539 | $91,206 |
| Salary range | Between $102,000 And $198,000 | Between $72,000 And $114,000 |
| Highest paying City | Oakland, CA | Albany, NY |
| Highest paying state | Washington | Washington |
| Best paying company | Nike | Microsoft |
| Best paying industry | Finance | Manufacturing |
There are a few differences between a director of global sourcing and a director of materials management in terms of educational background:
| Director Of Global Sourcing | Director Of Materials Management | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 55% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between directors of global sourcing' and directors of materials management' demographics:
| Director Of Global Sourcing | Director Of Materials Management | |
| Average age | 47 | 47 |
| Gender ratio | Male, 80.0% Female, 20.0% | Male, 73.0% Female, 27.0% |
| Race ratio | Black or African American, 9.0% Unknown, 3.8% Hispanic or Latino, 12.1% Asian, 7.4% White, 67.4% American Indian and Alaska Native, 0.3% | Black or African American, 9.1% Unknown, 3.8% Hispanic or Latino, 12.3% Asian, 7.4% White, 67.1% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |