Post job

Senior sourcing specialist vs senior purchasing agent

The differences between senior sourcing specialists and senior purchasing agents 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 specialist and a senior purchasing agent. Additionally, a senior sourcing specialist has an average salary of $79,213, which is higher than the $73,386 average annual salary of a senior purchasing agent.

The top three skills for a senior sourcing specialist include linkedin, HR and applicant tracking systems. The most important skills for a senior purchasing agent are purchase orders, project management, and supplier relationships.

Senior sourcing specialist vs senior purchasing agent overview

Senior Sourcing SpecialistSenior Purchasing Agent
Yearly salary$79,213$73,386
Hourly rate$38.08$35.28
Growth rate-6%-6%
Number of jobs7,76443,833
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 68%
Average age4848
Years of experience66

What does a senior sourcing specialist do?

The job of a senior sourcing specialist is to help companies implement more effective processes and systems to reduce costs and increase profitability. You will be responsible for negotiating with suppliers to procure materials, products, and services at the best possible price using your in-depth knowledge of their industry and strategic sourcing strategies. As a senior source specialist, you are expected to develop and implement inventory optimization strategies across the company. You will also need to find or develop solutions to improve company outsourcing and spending.

What does a senior purchasing agent do?

Senior Purchasing Agents are experienced employees in the company's purchasing department. They oversee the purchase requisitions of the employees. They validate requests, ensure that the requestors followed company guidelines, check the availability of the items with the chosen supplier, and forward the purchase order to the supplier. Upon fulfillment of the request, Senior Purchasing Agents check the deliveries, ensure that the items are complete and correct, forward the items to the requestor, and process the payment for the supplier. Senior Purchasing agents also prepare reports, spot trends in employee or department purchases, and create recommendations based on observations. They are also expected to form good working relationships with suppliers.

Senior sourcing specialist vs senior purchasing agent salary

Senior sourcing specialists and senior purchasing agents have different pay scales, as shown below.

Senior Sourcing SpecialistSenior Purchasing Agent
Average salary$79,213$73,386
Salary rangeBetween $60,000 And $103,000Between $52,000 And $103,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateCaliforniaNew York
Best paying companyPayPalLevi Strauss & Co.
Best paying industryHealth CareEnergy

Differences between senior sourcing specialist and senior purchasing agent education

There are a few differences between a senior sourcing specialist and a senior purchasing agent in terms of educational background:

Senior Sourcing SpecialistSenior Purchasing Agent
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 68%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior sourcing specialist vs senior purchasing agent demographics

Here are the differences between senior sourcing specialists' and senior purchasing agents' demographics:

Senior Sourcing SpecialistSenior Purchasing Agent
Average age4848
Gender ratioMale, 51.8% Female, 48.2%Male, 57.7% Female, 42.3%
Race ratioBlack or African American, 9.1% Unknown, 4.4% Hispanic or Latino, 12.5% Asian, 7.9% White, 65.4% American Indian and Alaska Native, 0.8%Black or African American, 8.9% Unknown, 4.4% Hispanic or Latino, 12.3% Asian, 7.7% White, 66.0% American Indian and Alaska Native, 0.8%
LGBT Percentage7%7%

Differences between senior sourcing specialist and senior purchasing agent duties and responsibilities

Senior sourcing specialist example responsibilities.

  • Manage PPV activity and respond with corrective action when need.
  • Lead an RFP which include 18 suppliers and develop a model to qualify the best.
  • Manage and track candidates according to OFCCP guidelines for internal/external candidates which result in compliance with the program.
  • Develop cross functional sourcing teams to accomplish vendor selection for increase competitiveness through the RFP, RFI and RFQ processes.
  • Generate candidate pipeline by sourcing passive candidates using company database, LinkedIn, marketing campaign leads, personal/professional networking leads/referrals.
  • Work with HUMINT, CI, SIGINT, and OSINT (open source intelligence).
  • Show more

Senior purchasing agent example responsibilities.

  • Manage patterns for older, obsolete OEM part outsource production to locally foundries.
  • Interact within an ERP system environment and manage various reporting tools to support operations and control the flow of information.
  • Manage subcontracts activity including RFQ analysis, major negotiations and construction of complex subcontracting orders and milestones.
  • Provide management for warehousing, transportation, documentation requirements, cost analysis, third-party logistics, and reverse logistics.
  • Help create new purchasing procurement program base on customer forecasting and JIT programs (KANBAN).
  • Update & maintain ERP system part master data including new item creation, discontinuations and site planning changes.
  • Show more

Senior sourcing specialist vs senior purchasing agent skills

Common senior sourcing specialist skills
  • Linkedin, 11%
  • HR, 10%
  • Applicant Tracking Systems, 9%
  • Strategic Sourcing, 7%
  • CRM, 5%
  • Healthcare, 3%
Common senior purchasing agent skills
  • Purchase Orders, 8%
  • Project Management, 6%
  • Supplier Relationships, 6%
  • Strategic Sourcing, 5%
  • Customer Service, 5%
  • Continuous Improvement, 5%

Browse business and financial jobs