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The differences between purchasing managers and supply 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 purchasing manager and a supply manager. Additionally, a purchasing manager has an average salary of $98,118, which is higher than the $96,971 average annual salary of a supply manager.
The top three skills for a purchasing manager include supply chain, strategic sourcing and project management. The most important skills for a supply manager are supply chain, patients, and supplier performance.
| Purchasing Manager | Supply Manager | |
| Yearly salary | $98,118 | $96,971 |
| Hourly rate | $47.17 | $46.62 |
| Growth rate | -6% | -6% |
| Number of jobs | 30,430 | 30,833 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 58% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
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.
A supply manager or supply chain manager is an individual who supervises the import or creation of raw materials that are to be used by the company to form new products. Supply managers are required to coordinate all aspects of the supply chain to ensure that they are efficient and cost-effective. They must maintain low costs and high efficiency by building and maintaining relationships with the company's partners. Supply managers should also recruit staff members and provide training to help them learn and master their jobs.
Purchasing managers and supply managers have different pay scales, as shown below.
| Purchasing Manager | Supply Manager | |
| Average salary | $98,118 | $96,971 |
| Salary range | Between $70,000 And $136,000 | Between $68,000 And $137,000 |
| Highest paying City | Richmond, CA | Fremont, CA |
| Highest paying state | Maine | New York |
| Best paying company | McKinsey & Company Inc | PVH |
| Best paying industry | Technology | Technology |
There are a few differences between a purchasing manager and a supply manager in terms of educational background:
| Purchasing Manager | Supply Manager | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 58% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between purchasing managers' and supply managers' demographics:
| Purchasing Manager | Supply Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 67.0% Female, 33.0% | Male, 70.0% Female, 30.0% |
| Race ratio | 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% | Black or African American, 7.6% Unknown, 4.7% Hispanic or Latino, 12.8% Asian, 9.0% White, 65.3% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 11% | 10% |