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Procurement consultant vs contracts director

The differences between procurement consultants 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 procurement consultant and a contracts director. Additionally, a procurement consultant has an average salary of $81,254, which is higher than the $73,351 average annual salary of a contracts director.

The top three skills for a procurement consultant include strategic sourcing, procure-to-pay and HR. The most important skills for a contracts director are contract management, oversight, and contract terms.

Procurement consultant vs contracts director overview

Procurement ConsultantContracts Director
Yearly salary$81,254$73,351
Hourly rate$39.06$35.26
Growth rate-6%-6%
Number of jobs38,00512,378
Job satisfaction--
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 66%
Average age4747
Years of experience66

What does a procurement consultant do?

A procurement consultant is an individual who is an expert in purchasing or procurement. Your duties will include researching and analyzing the supply marketplace, developing business requirements, and managing supplier relationships in collaboration with internal stakeholders, and managing and negotiating supply agreements across all commodities and complexity. Additionally, you are expected to participate in market intelligence analysis and assess productivity, costs, and demand patterns by collecting and interpreting data. As a procurement consultant, you are also responsible for managing and negotiating supply agreements.

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.

Procurement consultant vs contracts director salary

Procurement consultants and contracts directors have different pay scales, as shown below.

Procurement ConsultantContracts Director
Average salary$81,254$73,351
Salary rangeBetween $64,000 And $101,000Between $46,000 And $116,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateCaliforniaCalifornia
Best paying companyMcKinsey & Company IncEdwards Lifesciences
Best paying industryTechnologyManufacturing

Differences between procurement consultant and contracts director education

There are a few differences between a procurement consultant and a contracts director in terms of educational background:

Procurement ConsultantContracts Director
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Procurement consultant vs contracts director demographics

Here are the differences between procurement consultants' and contracts directors' demographics:

Procurement ConsultantContracts Director
Average age4747
Gender ratioMale, 66.3% Female, 33.7%Male, 58.1% Female, 41.9%
Race ratioBlack or African American, 9.2% Unknown, 3.8% Hispanic or Latino, 12.4% Asian, 7.5% White, 66.8% 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 procurement consultant and contracts director duties and responsibilities

Procurement consultant example responsibilities.

  • Manage RFI, RFQ and RTP process for all procurement, marketing and advertisement requirements.
  • Manage several SDLC phases for enterprise systems used by state government agencies to perform environmental and environmental management.
  • Train internal customers for creating purchase orders in Ariba.
  • Process NCQA/HEDIS audit contract requests through Ariba and DocuSign procurement systems.
  • Train and ongoing support of the VMI solution during and after go-live.
  • Work with the client to define procure-to-pay process that leverage the best practices of each business line.
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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.
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Procurement consultant vs contracts director skills

Common procurement consultant skills
  • Strategic Sourcing, 9%
  • Procure-To-Pay, 7%
  • HR, 6%
  • Cost Savings, 6%
  • Business Process, 6%
  • Data Analysis, 5%
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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