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The differences between global supply 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 supply manager and a director, procurement. Additionally, a director, procurement has an average salary of $140,058, which is higher than the $108,232 average annual salary of a global supply manager.
The top three skills for a global supply manager include supply chain, cost reduction and supplier relationships. The most important skills for a director, procurement are strategic sourcing, supplier performance, and continuous improvement.
| Global Supply Manager | Director, Procurement | |
| Yearly salary | $108,232 | $140,058 |
| Hourly rate | $52.03 | $67.34 |
| Growth rate | 17% | -6% |
| Number of jobs | 46,402 | 18,037 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 70% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
A Global Supply Manager is responsible for supervising production supplies' adequacy to meet distribution requirements according to the supply chain processes. Global Supply Managers coordinate with senior management to improve sourcing strategies and adhere to customer demands. They also conduct data and statistical analysis and evaluate the current market trends to identify business opportunities to generate more revenue resources for the business. A Global Supply Chain Manager must have excellent leadership and analytical skills, especially in developing cost-reduction techniques without compromising high-quality deliverables.
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 supply managers and directors, procurement have different pay scales, as shown below.
| Global Supply Manager | Director, Procurement | |
| Average salary | $108,232 | $140,058 |
| Salary range | Between $80,000 And $144,000 | Between $98,000 And $199,000 |
| Highest paying City | Sparks, NV | San Francisco, CA |
| Highest paying state | Connecticut | California |
| Best paying company | Meta | Apple |
| Best paying industry | Technology | Technology |
There are a few differences between a global supply manager and a director, procurement in terms of educational background:
| Global Supply Manager | Director, Procurement | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between global supply managers' and directors, procurement' demographics:
| Global Supply Manager | Director, Procurement | |
| Average age | 47 | 47 |
| Gender ratio | Male, 70.2% Female, 29.8% | Male, 78.0% Female, 22.0% |
| Race ratio | Black or African American, 7.4% Unknown, 4.7% Hispanic or Latino, 12.5% Asian, 8.8% White, 66.0% American Indian and Alaska Native, 0.7% | 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 | 10% | 11% |