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The differences between directors of materials management and directors, procurement 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 director, procurement. Additionally, a director, procurement has an average salary of $140,058, which is higher than the $91,206 average annual salary of a director of materials management.
The top three skills for a director of materials management include materials management, supply chain and patients. The most important skills for a director, procurement are strategic sourcing, supplier performance, and continuous improvement.
| Director Of Materials Management | Director, Procurement | |
| Yearly salary | $91,206 | $140,058 |
| Hourly rate | $43.85 | $67.34 |
| Growth rate | -6% | -6% |
| Number of jobs | 81,836 | 18,037 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 70% |
| 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.
The responsibilities of a procurement director revolve around ensuring the efficient and smooth flow of supplies within the company, developing procurement strategies for optimal services and operations, assessing risks, and overseeing the implementation of new policies and regulations in the company. It is essential to coordinate with analysts to identify areas with potential opportunities or those needing improvements. Moreover, a director, procurement may directly communicate with stakeholders or higher-ranking officials, participate in recruiting new members of the workforce, and create programs for profit growth and significant results.
Directors of materials management and directors, procurement have different pay scales, as shown below.
| Director Of Materials Management | Director, Procurement | |
| Average salary | $91,206 | $140,058 |
| Salary range | Between $72,000 And $114,000 | Between $98,000 And $199,000 |
| Highest paying City | Albany, NY | San Francisco, CA |
| Highest paying state | Washington | California |
| Best paying company | Microsoft | Apple |
| Best paying industry | Manufacturing | Technology |
There are a few differences between a director of materials management and a director, procurement in terms of educational background:
| Director Of Materials Management | Director, Procurement | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between directors of materials management' and directors, procurement' demographics:
| Director Of Materials Management | Director, Procurement | |
| Average age | 47 | 47 |
| Gender ratio | Male, 73.0% Female, 27.0% | Male, 78.0% Female, 22.0% |
| 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, 8.9% Unknown, 3.8% Hispanic or Latino, 12.1% Asian, 7.4% White, 67.5% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |