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Global procurement manager vs contracts director

The differences between global procurement managers and contracts directors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a global procurement manager and a contracts director. Additionally, a global procurement manager has an average salary of $103,155, which is higher than the $73,351 average annual salary of a contracts director.

The top three skills for a global procurement manager include global procurement, strategic sourcing and project management. The most important skills for a contracts director are contract management, oversight, and contract terms.

Global procurement manager vs contracts director overview

Global Procurement ManagerContracts Director
Yearly salary$103,155$73,351
Hourly rate$49.59$35.26
Growth rate-6%-6%
Number of jobs33,29912,378
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 66%
Average age4747
Years of experience66

What does a global procurement manager do?

A global procurement manager is in charge of developing diverse procurement strategies to deliver optimal services to clients. Among their responsibilities include understanding and identifying project needs, performing extensive research and analysis, gathering and analyzing data from various departments, performing risk assessments, and negotiating with potential vendors and suppliers, building positive relationships along the way. Moreover, as a global procurement manager, they must lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.

What does a contracts director do?

A contract director is primarily in charge of developing and negotiating contracts with clients and partners, ensuring adherence to the company's policies and regulations. Their responsibilities typically revolve around performing extensive research and analysis to foresee potential advantages and disadvantages, coordinating with analysts and other experts, monitoring the progress of operations to ensure contract compliance of both parties, and overseeing the development of proposals within the organization. Furthermore, as a contract director, it is essential to lead and encourage the team to reach goals, all while implementing the mission and vision of the company.

Global procurement manager vs contracts director salary

Global procurement managers and contracts directors have different pay scales, as shown below.

Global Procurement ManagerContracts Director
Average salary$103,155$73,351
Salary rangeBetween $73,000 And $145,000Between $46,000 And $116,000
Highest paying CityOakland, CASan Francisco, CA
Highest paying stateCaliforniaCalifornia
Best paying companyAppleEdwards Lifesciences
Best paying industryHealth CareManufacturing

Differences between global procurement manager and contracts director education

There are a few differences between a global procurement manager and a contracts director in terms of educational background:

Global Procurement ManagerContracts Director
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Global procurement manager vs contracts director demographics

Here are the differences between global procurement managers' and contracts directors' demographics:

Global Procurement ManagerContracts Director
Average age4747
Gender ratioMale, 68.3% Female, 31.7%Male, 58.1% Female, 41.9%
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, 9.0% Unknown, 3.8% Hispanic or Latino, 12.1% Asian, 7.4% White, 67.4% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between global procurement manager and contracts director duties and responsibilities

Global procurement manager example responsibilities.

  • Manage large scale RFx process for a new company-wide, global procure-to-pay system, compile design requirements from multiple internal departments.
  • Lead several highly visible project which require project oversight, budget management and ongoing communication.
  • Coordinate logistics analysis projects and identify inbound/outbound cost reduction opportunities.
  • Negotiate the lowest total cost of ownership for assign commodities.
  • Develop and analyze RFI, RFP, bidder list, conduct fact-finding, and complete financial analysis.
  • Develop a clear understanding of all underlying factors effecting quality, delivery, cost and flexibility of all assign commodities.
  • Show more

Contracts director example responsibilities.

  • Manage client audits (EPA, DCAA, local and state agencies) to resolve audit and rate variances.
  • Prepare and execute contractual documents: contracts, NDAs, consulting agreements, and subcontracts to achieve best value for company.
  • Establish managed care Medicaid funding models with several major integrate medical delivery systems.
  • Manage administrative support, handle payroll, develop company policies and procedures manual.
  • Target negotiations for development areas including Medicaid and Medicare products.
  • Review and sign off on final documents for the issuance of RFP solicitations and the execution of contracts and supplemental agreements.
  • Show more

Global procurement manager vs contracts director skills

Common global procurement manager skills
  • Global Procurement, 11%
  • Strategic Sourcing, 9%
  • Project Management, 8%
  • Supplier Relationships, 5%
  • Continuous Improvement, 5%
  • Cost Savings, 4%
Common contracts director skills
  • Contract Management, 8%
  • Oversight, 6%
  • Contract Terms, 6%
  • Strong Analytical, 6%
  • Contract Administration, 6%
  • Project Management, 4%

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