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The differences between global procurement managers and supply chain 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 global procurement manager and a supply chain manager. Additionally, a global procurement manager has an average salary of $103,155, which is higher than the $100,414 average annual salary of a supply chain manager.
The top three skills for a global procurement manager include global procurement, strategic sourcing and project management. The most important skills for a supply chain manager are supply chain, logistics, and project management.
| Global Procurement Manager | Supply Chain Manager | |
| Yearly salary | $103,155 | $100,414 |
| Hourly rate | $49.59 | $48.28 |
| Growth rate | -6% | - |
| Number of jobs | 33,299 | 37,773 |
| Job satisfaction | - | 5 |
| 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.
A supply chain manager is an individual who takes responsibility for managing hardware, equipment, and any other logistical details of an organization. Supply chain managers work alongside the external partners for parts and raw material procurement. They make sure that global companies coordinate with their sources of goods. These professionals also assess their suppliers and negotiate corporate contracts with vendors. The skills they needed include technical understanding, project management, cost accounting skills, and business ethics.
Global procurement managers and supply chain managers have different pay scales, as shown below.
| Global Procurement Manager | Supply Chain Manager | |
| Average salary | $103,155 | $100,414 |
| Salary range | Between $73,000 And $145,000 | Between $72,000 And $139,000 |
| Highest paying City | Oakland, CA | San Francisco, CA |
| Highest paying state | California | Vermont |
| Best paying company | Apple | McKinsey & Company Inc |
| Best paying industry | Health Care | Professional |
There are a few differences between a global procurement manager and a supply chain manager in terms of educational background:
| Global Procurement Manager | Supply Chain Manager | |
| 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 supply chain managers' demographics:
| Global Procurement Manager | Supply Chain Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 68.3% Female, 31.7% | Male, 74.8% Female, 25.2% |
| 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, 7.6% Unknown, 4.7% Hispanic or Latino, 12.7% Asian, 8.9% White, 65.4% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 11% | 10% |