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The differences between directors of global sourcing and purchasing managers 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 purchasing manager. Additionally, a director of global sourcing has an average salary of $142,539, which is higher than the $98,118 average annual salary of a purchasing manager.
The top three skills for a director of global sourcing include supply chain, strategic sourcing and global sourcing. The most important skills for a purchasing manager are supply chain, strategic sourcing, and project management.
| Director Of Global Sourcing | Purchasing Manager | |
| Yearly salary | $142,539 | $98,118 |
| Hourly rate | $68.53 | $47.17 |
| Growth rate | -6% | -6% |
| Number of jobs | 24,222 | 30,430 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 66% |
| 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 purchasing manager is responsible for organizing and managing products to order or sell. Purchasing managers review product specifications, negotiate pricing details with the vendors, evaluate and choose the best suppliers, and assist purchasing agents. Purchase managers are also responsible for resolving order processing issues and analyzing current market trends to determine which products to purchase. A purchasing manager must have excellent decision-making and strategical skills to examine effects, inspect defective items, and create an in-depth analysis of customers' needs to improve their performance and sales.
Directors of global sourcing and purchasing managers have different pay scales, as shown below.
| Director Of Global Sourcing | Purchasing Manager | |
| Average salary | $142,539 | $98,118 |
| Salary range | Between $102,000 And $198,000 | Between $70,000 And $136,000 |
| Highest paying City | Oakland, CA | Richmond, CA |
| Highest paying state | Washington | Maine |
| Best paying company | Nike | McKinsey & Company Inc |
| Best paying industry | Finance | Technology |
There are a few differences between a director of global sourcing and a purchasing manager in terms of educational background:
| Director Of Global Sourcing | Purchasing Manager | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between directors of global sourcing' and purchasing managers' demographics:
| Director Of Global Sourcing | Purchasing Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 80.0% Female, 20.0% | Male, 67.0% Female, 33.0% |
| 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, 9.2% Unknown, 3.8% Hispanic or Latino, 12.5% Asian, 7.5% White, 66.7% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |