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The differences between directors of sourcing and directors of strategic sourcing 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 sourcing and a director of strategic sourcing. Additionally, a director of sourcing has an average salary of $140,924, which is higher than the $109,521 average annual salary of a director of strategic sourcing.
The top three skills for a director of sourcing include supply chain, strategic sourcing and continuous improvement. The most important skills for a director of strategic sourcing are strategic sourcing, supply chain, and supplier performance.
| Director Of Sourcing | Director Of Strategic Sourcing | |
| Yearly salary | $140,924 | $109,521 |
| Hourly rate | $67.75 | $52.65 |
| Growth rate | -6% | -6% |
| Number of jobs | 14,569 | 21,887 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 72% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
A director of sourcing is an executive professional who supervises a team of sourcing managers that manages the supply portfolio of a company to ensure spending transparency. This director is required to direct overseas factory meetings weekly to review product development and optimize the company's overall supply chain. The director must lead cross-functional process improvement teams to enhance performance and improve product quality. This director must also maintain excellent working relationships with vendors to ensure the success of their projects.
A director of strategic sourcing is responsible for evaluating the production and manufacturing processes and developing initiatives to improve business operations and purchasing techniques. Directors of strategic sourcing negotiate contracts with trusted suppliers and vendors for high-quality resources and cost-efficient materials. They also conduct data and statistical analysis with the current market trends to identify supply opportunities and sourcing costs. A director of strategic sourcing handles the budget allocation for vendor assessments, requiring them to be highly-organizational and ensure the timely distribution of materials.
Directors of sourcing and directors of strategic sourcing have different pay scales, as shown below.
| Director Of Sourcing | Director Of Strategic Sourcing | |
| Average salary | $140,924 | $109,521 |
| Salary range | Between $99,000 And $200,000 | Between $68,000 And $174,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New Jersey | California |
| Best paying company | NVIDIA | Apple |
| Best paying industry | Retail | Health Care |
There are a few differences between a director of sourcing and a director of strategic sourcing in terms of educational background:
| Director Of Sourcing | Director Of Strategic Sourcing | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between directors of sourcing' and directors of strategic sourcing' demographics:
| Director Of Sourcing | Director Of Strategic Sourcing | |
| Average age | 47 | 47 |
| Gender ratio | Male, 73.7% Female, 26.3% | Male, 79.1% Female, 20.9% |
| Race ratio | Black or African American, 9.0% Unknown, 3.8% Hispanic or Latino, 12.1% Asian, 7.4% White, 67.5% American Indian and Alaska Native, 0.3% | Black or African American, 9.0% Unknown, 3.8% Hispanic or Latino, 12.2% Asian, 7.4% White, 67.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |