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Director of materials management vs contracts director

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 vs contracts director overview

Director Of Materials ManagementContracts Director
Yearly salary$91,206$73,351
Hourly rate$43.85$35.26
Growth rate-6%-6%
Number of jobs81,83612,378
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 66%
Average age4747
Years of experience66

What does a director of materials management do?

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.

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.

Director of materials management vs contracts director salary

Directors of materials management and contracts directors have different pay scales, as shown below.

Director Of Materials ManagementContracts Director
Average salary$91,206$73,351
Salary rangeBetween $72,000 And $114,000Between $46,000 And $116,000
Highest paying CityAlbany, NYSan Francisco, CA
Highest paying stateWashingtonCalifornia
Best paying companyMicrosoftEdwards Lifesciences
Best paying industryManufacturingManufacturing

Differences between director of materials management and contracts director education

There are a few differences between a director of materials management and a contracts director in terms of educational background:

Director Of Materials ManagementContracts Director
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Director of materials management vs contracts director demographics

Here are the differences between directors of materials management' and contracts directors' demographics:

Director Of Materials ManagementContracts Director
Average age4747
Gender ratioMale, 73.0% Female, 27.0%Male, 58.1% Female, 41.9%
Race ratioBlack 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 Percentage11%11%

Differences between director of materials management and contracts director duties and responsibilities

Director of materials management example responsibilities.

  • Manage selection of all suppliers, vendor consolidation and new SKU creation to include BOMs.
  • Manage GPO and individually negotiate supplier agreements and compliance.
  • Work closely with production planning team (MRP) to insure product availability to the production floor.
  • Plan wafer starts, WIP control.
  • Schedule time phase finish goods purchases from an MPS software system and production material purchases from an MRP system.
  • Conduct thorough business case evaluation of legacy ERP software in support of management decision to upgrade or purchase new.
  • Show more

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

Director of materials management vs contracts director skills

Common director of materials management skills
  • Materials Management, 16%
  • Supply Chain, 12%
  • Patients, 8%
  • Logistics, 5%
  • Inventory Control, 5%
  • Value Analysis, 4%
Common contracts director skills
  • Contract Management, 8%
  • Oversight, 6%
  • Contract Terms, 6%
  • Strong Analytical, 6%
  • Contract Administration, 6%
  • Project Management, 4%

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