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The differences between senior sourcing managers and directors of materials management 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 manager and a director of materials management. Additionally, a senior sourcing manager has an average salary of $113,406, which is higher than the $91,206 average annual salary of a director of materials management.
The top three skills for a senior sourcing manager include strategic sourcing, project management and category strategies. The most important skills for a director of materials management are materials management, supply chain, and patients.
| Senior Sourcing Manager | Director Of Materials Management | |
| Yearly salary | $113,406 | $91,206 |
| Hourly rate | $54.52 | $43.85 |
| Growth rate | -6% | -6% |
| Number of jobs | 12,200 | 81,836 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 55% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
A senior sourcing manager is an individual who manages a team that is responsible for identifying necessary products and services that support the daily operations of an organization. Senior sourcing managers are required to manage the overall sourcing strategy of the organization and conduct research to understand its operations needs and requirements. They must build relationships with vendors and key suppliers so that they can negotiate on pricing and control costs. Senior sourcing managers must also propose a yearly budget that depends on the organization's sourcing needs.
A director of materials management is primarily in charge of spearheading and overseeing the daily operations in a company's purchasing and supply departments. It is their duty to set goals and guidelines, supervise the procurement programs and procedures, manage purchasing staff, review documentation and requests, and liaise with vendors and suppliers, building positive relationships with them. They must also address issues and concerns, resolving them in a timely and efficient manner. Furthermore, a director of materials management must lead teams while implementing the company's policies and regulations.
Senior sourcing managers and directors of materials management have different pay scales, as shown below.
| Senior Sourcing Manager | Director Of Materials Management | |
| Average salary | $113,406 | $91,206 |
| Salary range | Between $76,000 And $168,000 | Between $72,000 And $114,000 |
| Highest paying City | San Bruno, CA | Albany, NY |
| Highest paying state | California | Washington |
| Best paying company | Airbnb | Microsoft |
| Best paying industry | Telecommunication | Manufacturing |
There are a few differences between a senior sourcing manager and a director of materials management in terms of educational background:
| Senior Sourcing Manager | Director Of Materials Management | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 55% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between senior sourcing managers' and directors of materials management' demographics:
| Senior Sourcing Manager | Director Of Materials Management | |
| Average age | 47 | 47 |
| Gender ratio | Male, 63.9% Female, 36.1% | Male, 73.0% Female, 27.0% |
| Race ratio | Black or African American, 9.1% Unknown, 3.8% Hispanic or Latino, 12.3% Asian, 7.5% White, 67.0% American Indian and Alaska Native, 0.3% | Black or African American, 9.1% Unknown, 3.8% Hispanic or Latino, 12.3% Asian, 7.4% White, 67.1% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |