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The differences between senior managers, procurement and senior buyers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a senior manager, procurement and a senior buyer. Additionally, a senior manager, procurement has an average salary of $121,433, which is higher than the $79,848 average annual salary of a senior buyer.
The top three skills for a senior manager, procurement include supply chain, strategic sourcing and supplier performance. The most important skills for a senior buyer are supply chain, purchase orders, and MRP.
| Senior Manager, Procurement | Senior Buyer | |
| Yearly salary | $121,433 | $79,848 |
| Hourly rate | $58.38 | $38.39 |
| Growth rate | -6% | - |
| Number of jobs | 36,873 | 27,412 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 70% |
| Average age | 47 | 48 |
| Years of experience | 6 | 6 |
Senior Procurement Managers oversee the procurement department of the company. They manage the procurement needs of the organization and network with vendors to keep their database of suppliers updated. Senior Procurement Managers secure competitive prices from their suppliers so that they can save up on costs. As such, Senior Procurement Managers also have visibility on the spending of each department in the organization so that they will never go over budget.
The job of senior buyers, or also known as purchasing agents, is to meet the material needs of an organization. They are responsible for finding suppliers, arranging the distribution to several retail outlets, and supervising other purchasing agents. They also look for new product streams and establish procurement strategies. Senior buyers typically begin their careers as assistant buyers or junior purchasing agents. Most employers usually prefer those with college degrees in marketing, business, and economics.
Senior managers, procurement and senior buyers have different pay scales, as shown below.
| Senior Manager, Procurement | Senior Buyer | |
| Average salary | $121,433 | $79,848 |
| Salary range | Between $84,000 And $175,000 | Between $56,000 And $112,000 |
| Highest paying City | San Francisco, CA | New York, NY |
| Highest paying state | California | New York |
| Best paying company | McKinsey & Company Inc | Capgemini |
| Best paying industry | Manufacturing | Hospitality |
There are a few differences between a senior manager, procurement and a senior buyer in terms of educational background:
| Senior Manager, Procurement | Senior Buyer | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between senior managers, procurement' and senior buyers' demographics:
| Senior Manager, Procurement | Senior Buyer | |
| Average age | 47 | 48 |
| Gender ratio | Male, 72.8% Female, 27.2% | Male, 57.7% Female, 42.3% |
| Race ratio | Black or African American, 9.2% Unknown, 3.8% Hispanic or Latino, 12.5% Asian, 7.5% White, 66.6% American Indian and Alaska Native, 0.3% | Black or African American, 8.8% Unknown, 4.4% Hispanic or Latino, 12.1% Asian, 7.6% White, 66.3% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 11% | 7% |