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The differences between contracts managers and materials directors 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 manager and a materials director. Additionally, a materials director has an average salary of $127,061, which is higher than the $72,691 average annual salary of a contracts manager.
The top three skills for a contracts manager include contract management, contract administration and contract terms. The most important skills for a materials director are supply chain, logistics, and continuous improvement.
| Contracts Manager | Materials Director | |
| Yearly salary | $72,691 | $127,061 |
| Hourly rate | $34.95 | $61.09 |
| Growth rate | -6% | -6% |
| Number of jobs | 13,218 | 20,718 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 72% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
A contract manager is responsible for finalizing contract agreements between the company and its clients, revising documents, creating procurement proposals, and managing breach of contracts immediately. Contract managers respond to clients' inquiries and concerns about the contract's terms, conditions, and adjustment requests. They should be highly knowledgeable with legal terms and legislation regulations, ensuring that documents align with their objectives. The contract manager should also stay updated with the latest trends to meet contract demands, identify more business opportunities to boost revenues, and achieve profitability goals.
A materials director oversees daily operations of a purchasing office and storeroom. They oversee an organizations' policies, supervise staff within the purchasing office, distribute supplies, carry out requisitions, coordinate warehouse activities, and maintain relationships with vendors. They also need to keep detailed records of procurement activities and material quantities.
Contracts managers and materials directors have different pay scales, as shown below.
| Contracts Manager | Materials Director | |
| Average salary | $72,691 | $127,061 |
| Salary range | Between $45,000 And $116,000 | Between $92,000 And $173,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | McKinsey & Company Inc | Koch Industries |
| Best paying industry | Technology | Energy |
There are a few differences between a contracts manager and a materials director in terms of educational background:
| Contracts Manager | Materials Director | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between contracts managers' and materials directors' demographics:
| Contracts Manager | Materials Director | |
| Average age | 47 | 47 |
| Gender ratio | Male, 54.0% Female, 46.0% | Male, 88.0% Female, 12.0% |
| Race ratio | 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% | Black or African American, 9.1% Unknown, 3.8% Hispanic or Latino, 12.4% Asian, 7.5% White, 66.9% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |