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The differences between global procurement managers and directors, procurement 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, procurement. Additionally, a director, procurement has an average salary of $140,058, which is higher than the $103,155 average annual salary of a global procurement manager.
The top three skills for a global procurement manager include global procurement, strategic sourcing and project management. The most important skills for a director, procurement are strategic sourcing, supplier performance, and continuous improvement.
| Global Procurement Manager | Director, Procurement | |
| Yearly salary | $103,155 | $140,058 |
| Hourly rate | $49.59 | $67.34 |
| Growth rate | -6% | -6% |
| Number of jobs | 33,299 | 18,037 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 70% |
| 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.
The responsibilities of a procurement director revolve around ensuring the efficient and smooth flow of supplies within the company, developing procurement strategies for optimal services and operations, assessing risks, and overseeing the implementation of new policies and regulations in the company. It is essential to coordinate with analysts to identify areas with potential opportunities or those needing improvements. Moreover, a director, procurement may directly communicate with stakeholders or higher-ranking officials, participate in recruiting new members of the workforce, and create programs for profit growth and significant results.
Global procurement managers and directors, procurement have different pay scales, as shown below.
| Global Procurement Manager | Director, Procurement | |
| Average salary | $103,155 | $140,058 |
| Salary range | Between $73,000 And $145,000 | Between $98,000 And $199,000 |
| Highest paying City | Oakland, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Apple | Apple |
| Best paying industry | Health Care | Technology |
There are a few differences between a global procurement manager and a director, procurement in terms of educational background:
| Global Procurement Manager | Director, Procurement | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between global procurement managers' and directors, procurement' demographics:
| Global Procurement Manager | Director, Procurement | |
| Average age | 47 | 47 |
| Gender ratio | Male, 68.3% Female, 31.7% | Male, 78.0% Female, 22.0% |
| 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, 8.9% Unknown, 3.8% Hispanic or Latino, 12.1% Asian, 7.4% White, 67.5% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |