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The differences between procurement agents and material analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a procurement agent and a material analyst. Additionally, a procurement agent has an average salary of $72,384, which is higher than the $66,092 average annual salary of a material analyst.
The top three skills for a procurement agent include supply chain, strategic sourcing and supplier performance. The most important skills for a material analyst are supply chain, logistics, and MRP.
| Procurement Agent | Material Analyst | |
| Yearly salary | $72,384 | $66,092 |
| Hourly rate | $34.80 | $31.77 |
| Growth rate | 11% | 28% |
| Number of jobs | 45,198 | 48,758 |
| Job satisfaction | 2 | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 65% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
A procurement agent develops profitable measures to save the client money and ensure the quality of goods supplied. Procurement agents obtain the purchased items through suppliers, monitor them, and expedite the orders. They oversee the activities and performance of the suppliers for compliance. Their duties include the verification of item receipts, resolving shipment-related problems, and authorizing purchase payments through documentation. The necessary skills for this job include being accomplished, decisive, and strong communication skills.
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.
Procurement agents and material analysts have different pay scales, as shown below.
| Procurement Agent | Material Analyst | |
| Average salary | $72,384 | $66,092 |
| Salary range | Between $49,000 And $106,000 | Between $49,000 And $88,000 |
| Highest paying City | Richmond, CA | Union City, CA |
| Highest paying state | New Jersey | California |
| Best paying company | McKinsey & Company Inc | Micron Technology |
| Best paying industry | Technology | Automotive |
There are a few differences between a procurement agent and a material analyst in terms of educational background:
| Procurement Agent | Material Analyst | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between procurement agents' and material analysts' demographics:
| Procurement Agent | Material Analyst | |
| Average age | 48 | 48 |
| Gender ratio | Male, 51.4% Female, 48.6% | Male, 53.4% Female, 46.6% |
| Race ratio | Black or African American, 8.8% Unknown, 4.4% Hispanic or Latino, 12.2% Asian, 7.6% White, 66.2% American Indian and Alaska Native, 0.8% | 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% |
| LGBT Percentage | 7% | 7% |