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Director of sourcing vs director, procurement

The differences between directors of sourcing and directors, 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 sourcing and a director, procurement. Additionally, a director of sourcing has an average salary of $140,924, which is higher than the $140,058 average annual salary of a director, procurement.

The top three skills for a director of sourcing include supply chain, strategic sourcing and continuous improvement. The most important skills for a director, procurement are strategic sourcing, supplier performance, and continuous improvement.

Director of sourcing vs director, procurement overview

Director Of SourcingDirector, Procurement
Yearly salary$140,924$140,058
Hourly rate$67.75$67.34
Growth rate-6%-6%
Number of jobs14,56918,037
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 70%
Average age4747
Years of experience66

What does a director of sourcing do?

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.

What does a director, procurement do?

The responsibilities of a procurement director revolve around ensuring the efficient and smooth flow of supplies within the company, developing procurement strategies for optimal services and operations, assessing risks, and overseeing the implementation of new policies and regulations in the company. It is essential to coordinate with analysts to identify areas with potential opportunities or those needing improvements. Moreover, a director, procurement may directly communicate with stakeholders or higher-ranking officials, participate in recruiting new members of the workforce, and create programs for profit growth and significant results.

Director of sourcing vs director, procurement salary

Directors of sourcing and directors, procurement have different pay scales, as shown below.

Director Of SourcingDirector, Procurement
Average salary$140,924$140,058
Salary rangeBetween $99,000 And $200,000Between $98,000 And $199,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateNew JerseyCalifornia
Best paying companyNVIDIAApple
Best paying industryRetailTechnology

Differences between director of sourcing and director, procurement education

There are a few differences between a director of sourcing and a director, procurement in terms of educational background:

Director Of SourcingDirector, Procurement
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 70%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Director of sourcing vs director, procurement demographics

Here are the differences between directors of sourcing' and directors, procurement' demographics:

Director Of SourcingDirector, Procurement
Average age4747
Gender ratioMale, 73.7% Female, 26.3%Male, 78.0% Female, 22.0%
Race ratioBlack 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, 8.9% Unknown, 3.8% Hispanic or Latino, 12.1% Asian, 7.4% White, 67.5% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between director of sourcing and director, procurement duties and responsibilities

Director of sourcing example responsibilities.

  • Attain ISO 9002 certification in a FDA supervise GMP facility.
  • Review RFI and RFP s and award business and contracts as well as managing reverse auctions.
  • Manage transportation logistics and schedule delivery pickup to ensure inventory levels of consumer goods are maintained and program initiatives fully support.
  • Establish QC manuals and audit process for 3rd party resident inspection team in Asia.
  • Mentore organization through FDA and TUV audits, product recalls, and complaint investigations CAPA.
  • Lead national RFP responses from major global organizations, which result in new national account customers.
  • Show more

Director, procurement example responsibilities.

  • Develop and deploy integrated visual MRP tools to forecast and manage a constrain and vary purchasing model.
  • Develop and lead cross-functional team to correct and optimize company ERP system resulting in an efficient order and fulfillment process.
  • Manage RFP authoring and all aspects of the proposal/bidding process for special bond programs, SPLOST, and typical departmental needs.
  • Centralize vendor management, outsource/off-shore vendor restructure master agreements and manage RFP process.
  • Lead several highly visible project which require project oversight, budget management and ongoing communication.
  • Develop a global sourcing & production strategy and vendor matrix appropriate for all product lines including apparel and textiles.
  • Show more

Director of sourcing vs director, procurement skills

Common director of sourcing skills
  • Supply Chain, 14%
  • Strategic Sourcing, 8%
  • Continuous Improvement, 6%
  • Project Management, 5%
  • Process Improvement, 5%
  • Logistics, 4%
Common director, procurement skills
  • Strategic Sourcing, 7%
  • Supplier Performance, 6%
  • Continuous Improvement, 5%
  • Logistics, 5%
  • Customer Service, 4%
  • Lean Manufacturing, 4%

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