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The differences between global procurement managers and supply 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 manager. Additionally, a global procurement manager has an average salary of $103,155, which is higher than the $96,971 average annual salary of a supply 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 manager are supply chain, patients, and supplier performance.
| Global Procurement Manager | Supply Manager | |
| Yearly salary | $103,155 | $96,971 |
| Hourly rate | $49.59 | $46.62 |
| Growth rate | -6% | -6% |
| Number of jobs | 33,299 | 30,833 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 58% |
| 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 manager or supply chain manager is an individual who supervises the import or creation of raw materials that are to be used by the company to form new products. Supply managers are required to coordinate all aspects of the supply chain to ensure that they are efficient and cost-effective. They must maintain low costs and high efficiency by building and maintaining relationships with the company's partners. Supply managers should also recruit staff members and provide training to help them learn and master their jobs.
Global procurement managers and supply managers have different pay scales, as shown below.
| Global Procurement Manager | Supply Manager | |
| Average salary | $103,155 | $96,971 |
| Salary range | Between $73,000 And $145,000 | Between $68,000 And $137,000 |
| Highest paying City | Oakland, CA | Fremont, CA |
| Highest paying state | California | New York |
| Best paying company | Apple | PVH |
| Best paying industry | Health Care | Technology |
There are a few differences between a global procurement manager and a supply manager in terms of educational background:
| Global Procurement Manager | Supply Manager | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 58% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between global procurement managers' and supply managers' demographics:
| Global Procurement Manager | Supply Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 68.3% Female, 31.7% | Male, 70.0% Female, 30.0% |
| 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, 7.6% Unknown, 4.7% Hispanic or Latino, 12.8% Asian, 9.0% White, 65.3% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 11% | 10% |