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The differences between directors of strategic sourcing and material 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 strategic sourcing and a material manager. Additionally, a director of strategic sourcing has an average salary of $109,521, which is higher than the $96,125 average annual salary of a material manager.
The top three skills for a director of strategic sourcing include strategic sourcing, supply chain and supplier performance. The most important skills for a material manager are supply chain, logistics, and customer service.
| Director Of Strategic Sourcing | Material Manager | |
| Yearly salary | $109,521 | $96,125 |
| Hourly rate | $52.65 | $46.21 |
| Growth rate | -6% | -6% |
| Number of jobs | 21,887 | 43,759 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 65% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
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.
A material manager is responsible for monitoring inventories and stock supplies, ensuring the adequacy of materials needed for manufacturing or other operations, depending on the organization's industry. Material managers meet with suppliers and third-party vendors, negotiating contracts that would fit the budget goals of the company without compromising quality. They manage the distribution of resources throughout the organizations' department and provide purchase reports for the management. A material manager must have excellent communication and leadership skills to address the needs of an organization for smooth operations.
Directors of strategic sourcing and material managers have different pay scales, as shown below.
| Director Of Strategic Sourcing | Material Manager | |
| Average salary | $109,521 | $96,125 |
| Salary range | Between $68,000 And $174,000 | Between $72,000 And $126,000 |
| Highest paying City | San Francisco, CA | Menlo Park, CA |
| Highest paying state | California | California |
| Best paying company | Apple | Meta |
| Best paying industry | Health Care | Technology |
There are a few differences between a director of strategic sourcing and a material manager in terms of educational background:
| Director Of Strategic Sourcing | Material Manager | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between directors of strategic sourcing' and material managers' demographics:
| Director Of Strategic Sourcing | Material Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 79.1% Female, 20.9% | Male, 77.7% Female, 22.3% |
| Race ratio | 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% | 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% |