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The differences between global procurement managers and directors of materials management 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 director of materials management. Additionally, a global procurement manager has an average salary of $103,155, which is higher than the $91,206 average annual salary of a director of materials management.
The top three skills for a global procurement manager include global procurement, strategic sourcing and project management. The most important skills for a director of materials management are materials management, supply chain, and patients.
| Global Procurement Manager | Director Of Materials Management | |
| Yearly salary | $103,155 | $91,206 |
| Hourly rate | $49.59 | $43.85 |
| Growth rate | -6% | -6% |
| Number of jobs | 33,299 | 81,836 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 55% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
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.
A director of materials management is primarily in charge of spearheading and overseeing the daily operations in a company's purchasing and supply departments. It is their duty to set goals and guidelines, supervise the procurement programs and procedures, manage purchasing staff, review documentation and requests, and liaise with vendors and suppliers, building positive relationships with them. They must also address issues and concerns, resolving them in a timely and efficient manner. Furthermore, a director of materials management must lead teams while implementing the company's policies and regulations.
Global procurement managers and directors of materials management have different pay scales, as shown below.
| Global Procurement Manager | Director Of Materials Management | |
| Average salary | $103,155 | $91,206 |
| Salary range | Between $73,000 And $145,000 | Between $72,000 And $114,000 |
| Highest paying City | Oakland, CA | Albany, NY |
| Highest paying state | California | Washington |
| Best paying company | Apple | Microsoft |
| Best paying industry | Health Care | Manufacturing |
There are a few differences between a global procurement manager and a director of materials management in terms of educational background:
| Global Procurement Manager | Director Of Materials Management | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 55% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between global procurement managers' and directors of materials management' demographics:
| Global Procurement Manager | Director Of Materials Management | |
| Average age | 47 | 47 |
| Gender ratio | Male, 68.3% Female, 31.7% | Male, 73.0% Female, 27.0% |
| 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, 9.1% Unknown, 3.8% Hispanic or Latino, 12.3% Asian, 7.4% White, 67.1% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |