Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between directors of materials management and contracts 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 director of materials management and a contracts director. Additionally, a director of materials management has an average salary of $91,206, which is higher than the $73,351 average annual salary of a contracts director.
The top three skills for a director of materials management include materials management, supply chain and patients. The most important skills for a contracts director are contract management, oversight, and contract terms.
| Director Of Materials Management | Contracts Director | |
| Yearly salary | $91,206 | $73,351 |
| Hourly rate | $43.85 | $35.26 |
| Growth rate | -6% | -6% |
| Number of jobs | 81,836 | 12,378 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 66% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
A director of materials management is primarily in charge of spearheading and overseeing the daily operations in a company's purchasing and supply departments. It is their duty to set goals and guidelines, supervise the procurement programs and procedures, manage purchasing staff, review documentation and requests, and liaise with vendors and suppliers, building positive relationships with them. They must also address issues and concerns, resolving them in a timely and efficient manner. Furthermore, a director of materials management must lead teams while implementing the company's policies and regulations.
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.
Directors of materials management and contracts directors have different pay scales, as shown below.
| Director Of Materials Management | Contracts Director | |
| Average salary | $91,206 | $73,351 |
| Salary range | Between $72,000 And $114,000 | Between $46,000 And $116,000 |
| Highest paying City | Albany, NY | San Francisco, CA |
| Highest paying state | Washington | California |
| Best paying company | Microsoft | Edwards Lifesciences |
| Best paying industry | Manufacturing | Manufacturing |
There are a few differences between a director of materials management and a contracts director in terms of educational background:
| Director Of Materials Management | Contracts Director | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between directors of materials management' and contracts directors' demographics:
| Director Of Materials Management | Contracts Director | |
| Average age | 47 | 47 |
| Gender ratio | Male, 73.0% Female, 27.0% | Male, 58.1% Female, 41.9% |
| Race ratio | Black or African American, 9.1% Unknown, 3.8% Hispanic or Latino, 12.3% Asian, 7.4% White, 67.1% American Indian and Alaska Native, 0.3% | 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% |
| LGBT Percentage | 11% | 11% |