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The differences between directors of strategic sourcing and supply 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 supply manager. Additionally, a director of strategic sourcing has an average salary of $109,521, which is higher than the $96,971 average annual salary of a supply 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 supply manager are supply chain, patients, and supplier performance.
| Director Of Strategic Sourcing | Supply Manager | |
| Yearly salary | $109,521 | $96,971 |
| Hourly rate | $52.65 | $46.62 |
| Growth rate | -6% | -6% |
| Number of jobs | 21,887 | 30,833 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 58% |
| 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 supply manager or supply chain manager is an individual who supervises the import or creation of raw materials that are to be used by the company to form new products. Supply managers are required to coordinate all aspects of the supply chain to ensure that they are efficient and cost-effective. They must maintain low costs and high efficiency by building and maintaining relationships with the company's partners. Supply managers should also recruit staff members and provide training to help them learn and master their jobs.
Directors of strategic sourcing and supply managers have different pay scales, as shown below.
| Director Of Strategic Sourcing | Supply Manager | |
| Average salary | $109,521 | $96,971 |
| Salary range | Between $68,000 And $174,000 | Between $68,000 And $137,000 |
| Highest paying City | San Francisco, CA | Fremont, CA |
| Highest paying state | California | New York |
| Best paying company | Apple | PVH |
| Best paying industry | Health Care | Technology |
There are a few differences between a director of strategic sourcing and a supply manager in terms of educational background:
| Director Of Strategic Sourcing | Supply Manager | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 58% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between directors of strategic sourcing' and supply managers' demographics:
| Director Of Strategic Sourcing | Supply Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 79.1% Female, 20.9% | Male, 70.0% Female, 30.0% |
| 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, 7.6% Unknown, 4.7% Hispanic or Latino, 12.8% Asian, 9.0% White, 65.3% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 11% | 10% |