Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between senior sourcing managers and material 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 senior sourcing manager and a material manager. Additionally, a senior sourcing manager has an average salary of $113,406, which is higher than the $96,125 average annual salary of a material manager.
The top three skills for a senior sourcing manager include strategic sourcing, project management and category strategies. The most important skills for a material manager are supply chain, logistics, and customer service.
| Senior Sourcing Manager | Material Manager | |
| Yearly salary | $113,406 | $96,125 |
| Hourly rate | $54.52 | $46.21 |
| Growth rate | -6% | -6% |
| Number of jobs | 12,200 | 43,759 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 65% |
| 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 material manager is responsible for monitoring inventories and stock supplies, ensuring the adequacy of materials needed for manufacturing or other operations, depending on the organization's industry. Material managers meet with suppliers and third-party vendors, negotiating contracts that would fit the budget goals of the company without compromising quality. They manage the distribution of resources throughout the organizations' department and provide purchase reports for the management. A material manager must have excellent communication and leadership skills to address the needs of an organization for smooth operations.
Senior sourcing managers and material managers have different pay scales, as shown below.
| Senior Sourcing Manager | Material Manager | |
| Average salary | $113,406 | $96,125 |
| Salary range | Between $76,000 And $168,000 | Between $72,000 And $126,000 |
| Highest paying City | San Bruno, CA | Menlo Park, CA |
| Highest paying state | California | California |
| Best paying company | Airbnb | Meta |
| Best paying industry | Telecommunication | Technology |
There are a few differences between a senior sourcing manager and a material manager in terms of educational background:
| Senior Sourcing Manager | Material Manager | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between senior sourcing managers' and material managers' demographics:
| Senior Sourcing Manager | Material Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 63.9% Female, 36.1% | Male, 77.7% Female, 22.3% |
| 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, 9.0% Unknown, 3.8% Hispanic or Latino, 12.2% Asian, 7.4% White, 67.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |