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The differences between procurement services managers and purchasing 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 services manager and a purchasing manager. Additionally, a procurement services manager has an average salary of $101,878, which is higher than the $98,118 average annual salary of a purchasing manager.
The top three skills for a procurement services manager include strategic sourcing, supplier performance and RFP. The most important skills for a purchasing manager are supply chain, strategic sourcing, and project management.
| Procurement Services Manager | Purchasing Manager | |
| Yearly salary | $101,878 | $98,118 |
| Hourly rate | $48.98 | $47.17 |
| Growth rate | -6% | -6% |
| Number of jobs | 88,689 | 30,430 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 66% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
Procurement services managers require strong interpersonal and communication skills, good finance abilities, and the ability to manage budgets as costs. This position calls upon the direction and coordination of personnel activities including buying, selling, and distributing materials, equipment, machinery, and supplies, as well as staff hiring and training oversight. They will also prepare and process supply and equipment requisitions and purchase orders.
A purchasing manager is responsible for organizing and managing products to order or sell. Purchasing managers review product specifications, negotiate pricing details with the vendors, evaluate and choose the best suppliers, and assist purchasing agents. Purchase managers are also responsible for resolving order processing issues and analyzing current market trends to determine which products to purchase. A purchasing manager must have excellent decision-making and strategical skills to examine effects, inspect defective items, and create an in-depth analysis of customers' needs to improve their performance and sales.
Procurement services managers and purchasing managers have different pay scales, as shown below.
| Procurement Services Manager | Purchasing Manager | |
| Average salary | $101,878 | $98,118 |
| Salary range | Between $70,000 And $147,000 | Between $70,000 And $136,000 |
| Highest paying City | - | Richmond, CA |
| Highest paying state | - | Maine |
| Best paying company | - | McKinsey & Company Inc |
| Best paying industry | - | Technology |
There are a few differences between a procurement services manager and a purchasing manager in terms of educational background:
| Procurement Services Manager | Purchasing Manager | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between procurement services managers' and purchasing managers' demographics:
| Procurement Services Manager | Purchasing Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 62.2% Female, 37.8% | Male, 67.0% Female, 33.0% |
| Race ratio | Black or African American, 9.1% Unknown, 3.8% Hispanic or Latino, 12.3% Asian, 7.4% White, 67.0% American Indian and Alaska Native, 0.3% | Black or African American, 9.2% Unknown, 3.8% Hispanic or Latino, 12.5% Asian, 7.5% White, 66.7% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |