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The differences between global procurement managers and procurement agents 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 procurement agent. Additionally, a global procurement manager has an average salary of $103,155, which is higher than the $72,384 average annual salary of a procurement agent.
The top three skills for a global procurement manager include global procurement, strategic sourcing and project management. The most important skills for a procurement agent are supply chain, strategic sourcing, and supplier performance.
| Global Procurement Manager | Procurement Agent | |
| Yearly salary | $103,155 | $72,384 |
| Hourly rate | $49.59 | $34.80 |
| Growth rate | -6% | 11% |
| Number of jobs | 33,299 | 45,198 |
| Job satisfaction | - | 2 |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 69% |
| Average age | 47 | 48 |
| 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 procurement agent develops profitable measures to save the client money and ensure the quality of goods supplied. Procurement agents obtain the purchased items through suppliers, monitor them, and expedite the orders. They oversee the activities and performance of the suppliers for compliance. Their duties include the verification of item receipts, resolving shipment-related problems, and authorizing purchase payments through documentation. The necessary skills for this job include being accomplished, decisive, and strong communication skills.
Global procurement managers and procurement agents have different pay scales, as shown below.
| Global Procurement Manager | Procurement Agent | |
| Average salary | $103,155 | $72,384 |
| Salary range | Between $73,000 And $145,000 | Between $49,000 And $106,000 |
| Highest paying City | Oakland, CA | Richmond, CA |
| Highest paying state | California | New Jersey |
| Best paying company | Apple | McKinsey & Company Inc |
| Best paying industry | Health Care | Technology |
There are a few differences between a global procurement manager and a procurement agent in terms of educational background:
| Global Procurement Manager | Procurement Agent | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between global procurement managers' and procurement agents' demographics:
| Global Procurement Manager | Procurement Agent | |
| Average age | 47 | 48 |
| Gender ratio | Male, 68.3% Female, 31.7% | Male, 51.4% Female, 48.6% |
| 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, 8.8% Unknown, 4.4% Hispanic or Latino, 12.2% Asian, 7.6% White, 66.2% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 11% | 7% |