Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between senior sourcing managers and directors, procurement 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, procurement. Additionally, a director, procurement has an average salary of $140,058, which is higher than the $113,406 average annual salary of a senior sourcing manager.
The top three skills for a senior sourcing manager include strategic sourcing, project management and category strategies. The most important skills for a director, procurement are strategic sourcing, supplier performance, and continuous improvement.
| Senior Sourcing Manager | Director, Procurement | |
| Yearly salary | $113,406 | $140,058 |
| Hourly rate | $54.52 | $67.34 |
| Growth rate | -6% | -6% |
| Number of jobs | 12,200 | 18,037 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 70% |
| 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.
The responsibilities of a procurement director revolve around ensuring the efficient and smooth flow of supplies within the company, developing procurement strategies for optimal services and operations, assessing risks, and overseeing the implementation of new policies and regulations in the company. It is essential to coordinate with analysts to identify areas with potential opportunities or those needing improvements. Moreover, a director, procurement may directly communicate with stakeholders or higher-ranking officials, participate in recruiting new members of the workforce, and create programs for profit growth and significant results.
Senior sourcing managers and directors, procurement have different pay scales, as shown below.
| Senior Sourcing Manager | Director, Procurement | |
| Average salary | $113,406 | $140,058 |
| Salary range | Between $76,000 And $168,000 | Between $98,000 And $199,000 |
| Highest paying City | San Bruno, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Airbnb | Apple |
| Best paying industry | Telecommunication | Technology |
There are a few differences between a senior sourcing manager and a director, procurement in terms of educational background:
| Senior Sourcing Manager | Director, Procurement | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between senior sourcing managers' and directors, procurement' demographics:
| Senior Sourcing Manager | Director, Procurement | |
| Average age | 47 | 47 |
| Gender ratio | Male, 63.9% Female, 36.1% | Male, 78.0% Female, 22.0% |
| 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, 8.9% Unknown, 3.8% Hispanic or Latino, 12.1% Asian, 7.4% White, 67.5% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |