Post job

Contracts director vs material manager

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 vs material manager overview

Contracts DirectorMaterial Manager
Yearly salary$73,351$96,125
Hourly rate$35.26$46.21
Growth rate-6%-6%
Number of jobs12,37843,759
Job satisfaction-4
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 65%
Average age4747
Years of experience66

What does a contracts director do?

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.

What does a material manager do?

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 director vs material manager salary

Contracts directors and material managers have different pay scales, as shown below.

Contracts DirectorMaterial Manager
Average salary$73,351$96,125
Salary rangeBetween $46,000 And $116,000Between $72,000 And $126,000
Highest paying CitySan Francisco, CAMenlo Park, CA
Highest paying stateCaliforniaCalifornia
Best paying companyEdwards LifesciencesMeta
Best paying industryManufacturingTechnology

Differences between contracts director and material manager education

There are a few differences between a contracts director and a material manager in terms of educational background:

Contracts DirectorMaterial Manager
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Contracts director vs material manager demographics

Here are the differences between contracts directors' and material managers' demographics:

Contracts DirectorMaterial Manager
Average age4747
Gender ratioMale, 58.1% Female, 41.9%Male, 77.7% Female, 22.3%
Race ratioBlack 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 Percentage11%11%

Differences between contracts director and material manager duties and responsibilities

Contracts director example responsibilities.

  • Manage client audits (EPA, DCAA, local and state agencies) to resolve audit and rate variances.
  • Prepare and execute contractual documents: contracts, NDAs, consulting agreements, and subcontracts to achieve best value for company.
  • Establish managed care Medicaid funding models with several major integrate medical delivery systems.
  • Manage administrative support, handle payroll, develop company policies and procedures manual.
  • Target negotiations for development areas including Medicaid and Medicare products.
  • Review and sign off on final documents for the issuance of RFP solicitations and the execution of contracts and supplemental agreements.
  • Show more

Material manager example responsibilities.

  • Implement vendor manage inventory (VMI) programs with three key suppliers.
  • Improve cash flow and increase OTD through the introduction of vendor consignment and vendor manage inventory programs.
  • Identify optimal purchasing periods for conducting RFQ's in order to take advantage of peak supply periods.
  • Expedite and project manage materials, heavy contact with vendors and clients to coordinate shipments of materials.
  • Manage forecasts, orders, and inventory levels via EDI and customer portals to meet OEM demand.
  • Manage OEM inventory to meet warranty and customer requirements.
  • Show more

Contracts director vs material manager skills

Common contracts director skills
  • Contract Management, 8%
  • Oversight, 6%
  • Contract Terms, 6%
  • Strong Analytical, 6%
  • Contract Administration, 6%
  • Project Management, 4%
Common material manager skills
  • Supply Chain, 12%
  • Logistics, 7%
  • Customer Service, 6%
  • Inventory Control, 5%
  • Materials Management, 5%
  • Continuous Improvement, 5%

Browse executive management jobs