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The differences between contracts directors 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 contracts director and a material manager. Additionally, a material manager has an average salary of $96,125, which is higher than the $73,351 average annual salary of a contracts director.
The top three skills for a contracts director include contract management, oversight and contract terms. The most important skills for a material manager are supply chain, logistics, and customer service.
| Contracts Director | Material Manager | |
| Yearly salary | $73,351 | $96,125 |
| Hourly rate | $35.26 | $46.21 |
| Growth rate | -6% | -6% |
| Number of jobs | 12,378 | 43,759 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 65% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
A contract director is primarily in charge of developing and negotiating contracts with clients and partners, ensuring adherence to the company's policies and regulations. Their responsibilities typically revolve around performing extensive research and analysis to foresee potential advantages and disadvantages, coordinating with analysts and other experts, monitoring the progress of operations to ensure contract compliance of both parties, and overseeing the development of proposals within the organization. Furthermore, as a contract director, it is essential to lead and encourage the team to reach goals, all while implementing the mission and vision of the company.
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.
Contracts directors and material managers have different pay scales, as shown below.
| Contracts Director | Material Manager | |
| Average salary | $73,351 | $96,125 |
| Salary range | Between $46,000 And $116,000 | Between $72,000 And $126,000 |
| Highest paying City | San Francisco, CA | Menlo Park, CA |
| Highest paying state | California | California |
| Best paying company | Edwards Lifesciences | Meta |
| Best paying industry | Manufacturing | Technology |
There are a few differences between a contracts director and a material manager in terms of educational background:
| Contracts Director | Material Manager | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between contracts directors' and material managers' demographics:
| Contracts Director | Material Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 58.1% Female, 41.9% | Male, 77.7% Female, 22.3% |
| Race ratio | Black or African American, 9.0% Unknown, 3.8% Hispanic or Latino, 12.1% Asian, 7.4% White, 67.4% 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% |