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The differences between senior sourcing managers and supply 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 supply manager. Additionally, a senior sourcing manager has an average salary of $113,406, which is higher than the $96,971 average annual salary of a supply manager.
The top three skills for a senior sourcing manager include strategic sourcing, project management and category strategies. The most important skills for a supply manager are supply chain, patients, and supplier performance.
| Senior Sourcing Manager | Supply Manager | |
| Yearly salary | $113,406 | $96,971 |
| Hourly rate | $54.52 | $46.62 |
| Growth rate | -6% | -6% |
| Number of jobs | 12,200 | 30,833 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 58% |
| 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 supply manager or supply chain manager is an individual who supervises the import or creation of raw materials that are to be used by the company to form new products. Supply managers are required to coordinate all aspects of the supply chain to ensure that they are efficient and cost-effective. They must maintain low costs and high efficiency by building and maintaining relationships with the company's partners. Supply managers should also recruit staff members and provide training to help them learn and master their jobs.
Senior sourcing managers and supply managers have different pay scales, as shown below.
| Senior Sourcing Manager | Supply Manager | |
| Average salary | $113,406 | $96,971 |
| Salary range | Between $76,000 And $168,000 | Between $68,000 And $137,000 |
| Highest paying City | San Bruno, CA | Fremont, CA |
| Highest paying state | California | New York |
| Best paying company | Airbnb | PVH |
| Best paying industry | Telecommunication | Technology |
There are a few differences between a senior sourcing manager and a supply manager in terms of educational background:
| Senior Sourcing Manager | Supply Manager | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 58% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between senior sourcing managers' and supply managers' demographics:
| Senior Sourcing Manager | Supply 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, 7.6% Unknown, 4.7% Hispanic or Latino, 12.8% Asian, 9.0% White, 65.3% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 11% | 10% |