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The differences between directors of global sourcing and directors of purchasing 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 purchasing. Additionally, a director of global sourcing has an average salary of $142,539, which is higher than the $106,945 average annual salary of a director of purchasing.
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 purchasing are supply chain, purchase orders, and product development.
| Director Of Global Sourcing | Director Of Purchasing | |
| Yearly salary | $142,539 | $106,945 |
| Hourly rate | $68.53 | $51.42 |
| Growth rate | -6% | -6% |
| Number of jobs | 24,222 | 17,847 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 68% |
| 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 purchasing oversees the procedures related to buying resources and supplies, directing operations from planning to execution while adhering to standards and company policies. They primarily perform research and assessments to understand project needs in terms of price, quality, and delivery time. They also identify ideal suppliers, negotiate deals, and build positive business relationships. Additionally, a director of purchasing has the authority to make significant decisions, delegate responsibilities among staff, oversee employment procedures within the department, and solve issues and concerns when any arise.
Directors of global sourcing and directors of purchasing have different pay scales, as shown below.
| Director Of Global Sourcing | Director Of Purchasing | |
| Average salary | $142,539 | $106,945 |
| Salary range | Between $102,000 And $198,000 | Between $68,000 And $166,000 |
| Highest paying City | Oakland, CA | San Francisco, CA |
| Highest paying state | Washington | Washington |
| Best paying company | Nike | Rivian |
| Best paying industry | Finance | Manufacturing |
There are a few differences between a director of global sourcing and a director of purchasing in terms of educational background:
| Director Of Global Sourcing | Director Of Purchasing | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between directors of global sourcing' and directors of purchasing' demographics:
| Director Of Global Sourcing | Director Of Purchasing | |
| Average age | 47 | 47 |
| Gender ratio | Male, 80.0% Female, 20.0% | Male, 75.1% Female, 24.9% |
| 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, 9.2% Unknown, 3.8% Hispanic or Latino, 12.4% Asian, 7.5% White, 66.8% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |