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The differences between senior sourcing analysts and purchasing supervisors 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 sourcing analyst and a purchasing supervisor. Additionally, a senior sourcing analyst has an average salary of $84,801, which is higher than the $68,702 average annual salary of a purchasing supervisor.
The top three skills for a senior sourcing analyst include DOD, CI and intelligence analysis. The most important skills for a purchasing supervisor are purchase orders, MRP, and supplier performance.
| Senior Sourcing Analyst | Purchasing Supervisor | |
| Yearly salary | $84,801 | $68,702 |
| Hourly rate | $40.77 | $33.03 |
| Growth rate | 3% | -6% |
| Number of jobs | 12,504 | 19,412 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 62% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
A senior sourcing analyst is an individual who oversees the planning and purchasing process for specific commodities and who supports new product launches. He/She or she should be able to establish relationships with suppliers to help in the sourcing process and in the negotiation of deals and contracts to ensure compliance with budgetary requirements. The position requires core skills such as strong analytical, mathematical, and negotiating skills and deep knowledge of the industry the analyst is working in. The education requirements for the job include an associate or bachelor's degree in business, supply chain management, marketing, or a related field.
A purchasing supervisor orders supplies, equipment, and materials from vendors by buyers. The purchasing supervisors assess, select, and build relationships with the vendors. They do the negotiation for the contracts of goods and services. It is their job to review the purchase orders for accuracy and ensure to obtain the best prices. The skills supervisors need to develop include marketing, communication, leadership, and management. They should also know about purchasing products and services.
Senior sourcing analysts and purchasing supervisors have different pay scales, as shown below.
| Senior Sourcing Analyst | Purchasing Supervisor | |
| Average salary | $84,801 | $68,702 |
| Salary range | Between $63,000 And $112,000 | Between $45,000 And $104,000 |
| Highest paying City | Foster City, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | PayPal | CDW |
| Best paying industry | Manufacturing | Technology |
There are a few differences between a senior sourcing analyst and a purchasing supervisor in terms of educational background:
| Senior Sourcing Analyst | Purchasing Supervisor | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior sourcing analysts' and purchasing supervisors' demographics:
| Senior Sourcing Analyst | Purchasing Supervisor | |
| Average age | 48 | 48 |
| Gender ratio | Male, 62.8% Female, 37.2% | Male, 57.4% Female, 42.6% |
| Race ratio | Black or African American, 9.1% Unknown, 4.4% Hispanic or Latino, 12.5% Asian, 7.8% White, 65.4% American Indian and Alaska Native, 0.8% | Black or African American, 9.1% Unknown, 4.4% Hispanic or Latino, 12.5% Asian, 7.8% White, 65.4% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 7% | 7% |