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The differences between senior sourcing managers and subcontracts 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 subcontracts manager. Additionally, a senior sourcing manager has an average salary of $113,406, which is higher than the $83,758 average annual salary of a subcontracts manager.
The top three skills for a senior sourcing manager include strategic sourcing, project management and category strategies. The most important skills for a subcontracts manager are program management, price analysis, and project management.
| Senior Sourcing Manager | Subcontracts Manager | |
| Yearly salary | $113,406 | $83,758 |
| Hourly rate | $54.52 | $40.27 |
| Growth rate | -6% | -6% |
| Number of jobs | 12,200 | 9,829 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 67% |
| 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 job of a subcontract manager is to develop and negotiate subcontracts, arrange payments, and analyze sales records. You will be responsible for evaluating employee performance and monitoring supply changes using your contract management skills and administrative expertise. Other duties include overseeing the agreement between subcontractors and your company, researching and evaluating supplies, and monitoring the shipment of goods. This role will also require you to participate in bidder's conferences and seminars, develop subcontract terms and conditions, and oversee the hiring of purchasing clerks and buyers.
Senior sourcing managers and subcontracts managers have different pay scales, as shown below.
| Senior Sourcing Manager | Subcontracts Manager | |
| Average salary | $113,406 | $83,758 |
| Salary range | Between $76,000 And $168,000 | Between $51,000 And $134,000 |
| Highest paying City | San Bruno, CA | Baltimore, MD |
| Highest paying state | California | Maryland |
| Best paying company | Airbnb | Accenture |
| Best paying industry | Telecommunication | Technology |
There are a few differences between a senior sourcing manager and a subcontracts manager in terms of educational background:
| Senior Sourcing Manager | Subcontracts Manager | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between senior sourcing managers' and subcontracts managers' demographics:
| Senior Sourcing Manager | Subcontracts Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 63.9% Female, 36.1% | Male, 70.0% Female, 30.0% |
| 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, 7.5% White, 67.0% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |