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The differences between directors of global sourcing and senior managers, procurement 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 senior manager, procurement. Additionally, a director of global sourcing has an average salary of $142,539, which is higher than the $121,433 average annual salary of a senior manager, procurement.
The top three skills for a director of global sourcing include supply chain, strategic sourcing and global sourcing. The most important skills for a senior manager, procurement are supply chain, strategic sourcing, and supplier performance.
| Director Of Global Sourcing | Senior Manager, Procurement | |
| Yearly salary | $142,539 | $121,433 |
| Hourly rate | $68.53 | $58.38 |
| Growth rate | -6% | -6% |
| Number of jobs | 24,222 | 36,873 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 70% |
| 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.
Senior Procurement Managers oversee the procurement department of the company. They manage the procurement needs of the organization and network with vendors to keep their database of suppliers updated. Senior Procurement Managers secure competitive prices from their suppliers so that they can save up on costs. As such, Senior Procurement Managers also have visibility on the spending of each department in the organization so that they will never go over budget.
Directors of global sourcing and senior managers, procurement have different pay scales, as shown below.
| Director Of Global Sourcing | Senior Manager, Procurement | |
| Average salary | $142,539 | $121,433 |
| Salary range | Between $102,000 And $198,000 | Between $84,000 And $175,000 |
| Highest paying City | Oakland, CA | San Francisco, CA |
| Highest paying state | Washington | California |
| Best paying company | Nike | McKinsey & Company Inc |
| Best paying industry | Finance | Manufacturing |
There are a few differences between a director of global sourcing and a senior manager, procurement in terms of educational background:
| Director Of Global Sourcing | Senior Manager, Procurement | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between directors of global sourcing' and senior managers, procurement' demographics:
| Director Of Global Sourcing | Senior Manager, Procurement | |
| Average age | 47 | 47 |
| Gender ratio | Male, 80.0% Female, 20.0% | Male, 72.8% Female, 27.2% |
| 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, 66.6% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |