Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between directors of 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 sourcing and a purchasing manager. Additionally, a director of sourcing has an average salary of $140,924, which is higher than the $98,118 average annual salary of a purchasing manager.
The top three skills for a director of sourcing include supply chain, strategic sourcing and continuous improvement. The most important skills for a purchasing manager are supply chain, strategic sourcing, and project management.
| Director Of Sourcing | Purchasing Manager | |
| Yearly salary | $140,924 | $98,118 |
| Hourly rate | $67.75 | $47.17 |
| Growth rate | -6% | -6% |
| Number of jobs | 14,569 | 30,430 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 66% |
| 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 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 sourcing and purchasing managers have different pay scales, as shown below.
| Director Of Sourcing | Purchasing Manager | |
| Average salary | $140,924 | $98,118 |
| Salary range | Between $99,000 And $200,000 | Between $70,000 And $136,000 |
| Highest paying City | San Francisco, CA | Richmond, CA |
| Highest paying state | New Jersey | Maine |
| Best paying company | NVIDIA | McKinsey & Company Inc |
| Best paying industry | Retail | Technology |
There are a few differences between a director of sourcing and a purchasing manager in terms of educational background:
| Director Of Sourcing | Purchasing Manager | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between directors of sourcing' and purchasing managers' demographics:
| Director Of Sourcing | Purchasing Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 73.7% Female, 26.3% | 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, 67.5% 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% |