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The differences between procurement consultants 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 procurement consultant and a supply chain manager. Additionally, a supply chain manager has an average salary of $100,414, which is higher than the $81,254 average annual salary of a procurement consultant.
The top three skills for a procurement consultant include strategic sourcing, procure-to-pay and HR. The most important skills for a supply chain manager are supply chain, logistics, and project management.
| Procurement Consultant | Supply Chain Manager | |
| Yearly salary | $81,254 | $100,414 |
| Hourly rate | $39.06 | $48.28 |
| Growth rate | -6% | - |
| Number of jobs | 38,005 | 37,773 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 70% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
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.
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.
Procurement consultants and supply chain managers have different pay scales, as shown below.
| Procurement Consultant | Supply Chain Manager | |
| Average salary | $81,254 | $100,414 |
| Salary range | Between $64,000 And $101,000 | Between $72,000 And $139,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Vermont |
| Best paying company | McKinsey & Company Inc | McKinsey & Company Inc |
| Best paying industry | Technology | Professional |
There are a few differences between a procurement consultant and a supply chain manager in terms of educational background:
| Procurement Consultant | Supply Chain Manager | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between procurement consultants' and supply chain managers' demographics:
| Procurement Consultant | Supply Chain Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 66.3% Female, 33.7% | Male, 74.8% Female, 25.2% |
| 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, 7.6% 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% |