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The differences between procurement consultants and consultants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a procurement consultant, becoming a consultant takes usually requires 2-4 years. Additionally, a procurement consultant has an average salary of $81,254, which is higher than the $78,912 average annual salary of a consultant.
The top three skills for a procurement consultant include strategic sourcing, procure-to-pay and HR. The most important skills for a consultant are customer service, strong analytical, and project management.
| Procurement Consultant | Consultant | |
| Yearly salary | $81,254 | $78,912 |
| Hourly rate | $39.06 | $37.94 |
| Growth rate | -6% | 11% |
| Number of jobs | 38,005 | 171,733 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 64% |
| Average age | 47 | 44 |
| Years of experience | 6 | 4 |
A procurement consultant is an individual who is an expert in purchasing or procurement. Your duties will include researching and analyzing the supply marketplace, developing business requirements, and managing supplier relationships in collaboration with internal stakeholders, and managing and negotiating supply agreements across all commodities and complexity. Additionally, you are expected to participate in market intelligence analysis and assess productivity, costs, and demand patterns by collecting and interpreting data. As a procurement consultant, you are also responsible for managing and negotiating supply agreements.
Consultants are individuals who were tapped by a company or an organization to work on a specific activity, depending on their field of expertise. They act as guides for the organization in undertaking projects that are related to their field. Consultants would usually assist organizations in planning, often giving advice when the need arises. They would, at times, take the lead in activities that involve data gathering and interpretation of data gathering results so that they can provide solid recommendations on actions that the organization may undertake. They may also guide the organization in implementing any changes brought about by their consultancy and in evaluating the effectiveness of the changes.
Procurement consultants and consultants have different pay scales, as shown below.
| Procurement Consultant | Consultant | |
| Average salary | $81,254 | $78,912 |
| Salary range | Between $64,000 And $101,000 | Between $58,000 And $107,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | California | New Jersey |
| Best paying company | McKinsey & Company Inc | L.E.K. Consulting |
| Best paying industry | Technology | Technology |
There are a few differences between a procurement consultant and a consultant in terms of educational background:
| Procurement Consultant | Consultant | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | Stanford University | Northwestern University |
Here are the differences between procurement consultants' and consultants' demographics:
| Procurement Consultant | Consultant | |
| Average age | 47 | 44 |
| Gender ratio | Male, 66.3% Female, 33.7% | Male, 58.4% Female, 41.6% |
| Race ratio | Black or African American, 9.2% Unknown, 3.8% Hispanic or Latino, 12.4% Asian, 7.5% White, 66.8% American Indian and Alaska Native, 0.3% | Black or African American, 7.8% Unknown, 4.5% Hispanic or Latino, 8.7% Asian, 13.8% White, 65.0% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 12% |