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The differences between project procurement managers and purchasing managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a project procurement manager, becoming a purchasing manager takes usually requires 4-6 years. Additionally, a purchasing manager has an average salary of $98,118, which is higher than the $88,000 average annual salary of a project procurement manager.
The top three skills for a project procurement manager include project management, purchase orders and project procurement. The most important skills for a purchasing manager are supply chain, strategic sourcing, and project management.
| Project Procurement Manager | Purchasing Manager | |
| Yearly salary | $88,000 | $98,118 |
| Hourly rate | $42.31 | $47.17 |
| Growth rate | 8% | -6% |
| Number of jobs | 119,086 | 30,430 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 66% |
| Average age | 46 | 47 |
| Years of experience | 8 | 6 |
A Project Procurement manager is responsible for coordinating and negotiating with suppliers for low-cost and high-quality materials required for production processes. Project Procurement Managers strategize techniques to deliver outputs within the required budget limitations and timetables. They also examine contracts and finalize terms and agreements to collaborate services to clients accurately and efficiently. A Project Procurement Manager conducts data and statistical analysis to identify business opportunities that would generate more revenue resources and increase profits.
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.
Project procurement managers and purchasing managers have different pay scales, as shown below.
| Project Procurement Manager | Purchasing Manager | |
| Average salary | $88,000 | $98,118 |
| Salary range | Between $63,000 And $122,000 | Between $70,000 And $136,000 |
| Highest paying City | San Francisco, CA | Richmond, CA |
| Highest paying state | New Jersey | Maine |
| Best paying company | San Diego Gas & Electric | McKinsey & Company Inc |
| Best paying industry | Finance | Technology |
There are a few differences between a project procurement manager and a purchasing manager in terms of educational background:
| Project Procurement Manager | Purchasing Manager | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | California Polytechnic State University-San Luis Obispo | Stanford University |
Here are the differences between project procurement managers' and purchasing managers' demographics:
| Project Procurement Manager | Purchasing Manager | |
| Average age | 46 | 47 |
| Gender ratio | Male, 68.9% Female, 31.1% | Male, 67.0% Female, 33.0% |
| Race ratio | Black or African American, 3.7% Unknown, 4.4% Hispanic or Latino, 17.7% Asian, 2.9% White, 70.7% American Indian and Alaska Native, 0.6% | 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 | 4% | 11% |