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The differences between material analysts and contracts administrators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a material analyst and a contracts administrator. Additionally, a material analyst has an average salary of $66,092, which is higher than the $52,876 average annual salary of a contracts administrator.
The top three skills for a material analyst include supply chain, logistics and MRP. The most important skills for a contracts administrator are contract administration, customer service, and contract management.
| Material Analyst | Contracts Administrator | |
| Yearly salary | $66,092 | $52,876 |
| Hourly rate | $31.77 | $25.42 |
| Growth rate | 28% | -6% |
| Number of jobs | 48,758 | 58,038 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 61% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
A materials analyst is responsible for managing the assets and materials of an organization, ensuring the adequacy of office inventories to support business operational functions. Materials analysts identify cost-reduction materials by coordinating with trusted suppliers and third-party vendors. They handle the distribution of goods and order processes according to the company's supply chain management. A materials analyst must have excellent organizational and analytical skills, especially in conducting data and statistical analysis to obtain high-quality materials that would meet the customers' demands.
Contract administrators create and manage legal contracts from which the company participates. They ensure that all entities to the contract will accomplish their obligations, as indicated in the contract. They usually work for larger organizations that might be involved with different or highly complex contracts. These organizations spread across a range of industries, including government, construction, and healthcare. Their responsibilities include addressing any conflicts of questions regarding the contract, analyzing the possible risks posed by contracts, and working alongside the legal and procurement teams.
Material analysts and contracts administrators have different pay scales, as shown below.
| Material Analyst | Contracts Administrator | |
| Average salary | $66,092 | $52,876 |
| Salary range | Between $49,000 And $88,000 | Between $35,000 And $78,000 |
| Highest paying City | Union City, CA | Washington, DC |
| Highest paying state | California | Maryland |
| Best paying company | Micron Technology | Ngam Advisors, L.P. |
| Best paying industry | Automotive | Finance |
There are a few differences between a material analyst and a contracts administrator in terms of educational background:
| Material Analyst | Contracts Administrator | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 61% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between material analysts' and contracts administrators' demographics:
| Material Analyst | Contracts Administrator | |
| Average age | 48 | 48 |
| Gender ratio | Male, 53.4% Female, 46.6% | Male, 32.2% Female, 67.8% |
| Race ratio | Black or African American, 9.0% Unknown, 4.4% Hispanic or Latino, 12.4% Asian, 7.8% White, 65.6% American Indian and Alaska Native, 0.8% | Black or African American, 9.2% Unknown, 4.4% Hispanic or Latino, 12.6% Asian, 7.7% White, 65.3% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 7% | 7% |