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The differences between materials planning managers and contracts managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a materials planning manager and a contracts manager. Additionally, a materials planning manager has an average salary of $95,361, which is higher than the $72,691 average annual salary of a contracts manager.
The top three skills for a materials planning manager include material planning, logistics and continuous improvement. The most important skills for a contracts manager are contract management, contract administration, and contract terms.
| Materials Planning Manager | Contracts Manager | |
| Yearly salary | $95,361 | $72,691 |
| Hourly rate | $45.85 | $34.95 |
| Growth rate | -6% | -6% |
| Number of jobs | 32,967 | 13,218 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 63% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
Materials planning managers are management professionals who are responsible for developing material planning processes to enable operational and production continuity in a manufacturing firm. These managers must ensure that the supply of materials is available so that they can meet and satisfy production requirements. They must manage and develop a team that meets objectives and delivers best practice results and continuous improvements. Material planning managers must also collaborate with the purchasing team to evaluate the performance of suppliers and provide resolution about their concerns.
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.
Materials planning managers and contracts managers have different pay scales, as shown below.
| Materials Planning Manager | Contracts Manager | |
| Average salary | $95,361 | $72,691 |
| Salary range | Between $73,000 And $124,000 | Between $45,000 And $116,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Washington | California |
| Best paying company | Fitbit | McKinsey & Company Inc |
| Best paying industry | Automotive | Technology |
There are a few differences between a materials planning manager and a contracts manager in terms of educational background:
| Materials Planning Manager | Contracts Manager | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between materials planning managers' and contracts managers' demographics:
| Materials Planning Manager | Contracts Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 77.2% Female, 22.8% | Male, 54.0% Female, 46.0% |
| Race ratio | 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% | 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% |
| LGBT Percentage | 11% | 11% |