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The differences between procurement consultants and directors of materials management 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 director of materials management. Additionally, a director of materials management has an average salary of $91,206, which is higher than the $81,254 average annual salary of a procurement consultant.
The top three skills for a procurement consultant include strategic sourcing, procure-to-pay and HR. The most important skills for a director of materials management are materials management, supply chain, and patients.
| Procurement Consultant | Director Of Materials Management | |
| Yearly salary | $81,254 | $91,206 |
| Hourly rate | $39.06 | $43.85 |
| Growth rate | -6% | -6% |
| Number of jobs | 38,005 | 81,836 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 55% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
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.
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.
Procurement consultants and directors of materials management have different pay scales, as shown below.
| Procurement Consultant | Director Of Materials Management | |
| Average salary | $81,254 | $91,206 |
| Salary range | Between $64,000 And $101,000 | Between $72,000 And $114,000 |
| Highest paying City | San Francisco, CA | Albany, NY |
| Highest paying state | California | Washington |
| Best paying company | McKinsey & Company Inc | Microsoft |
| Best paying industry | Technology | Manufacturing |
There are a few differences between a procurement consultant and a director of materials management in terms of educational background:
| Procurement Consultant | Director Of Materials Management | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 55% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between procurement consultants' and directors of materials management' demographics:
| Procurement Consultant | Director Of Materials Management | |
| Average age | 47 | 47 |
| Gender ratio | Male, 66.3% Female, 33.7% | Male, 73.0% Female, 27.0% |
| Race ratio | Black 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, 9.1% Unknown, 3.8% Hispanic or Latino, 12.3% Asian, 7.4% White, 67.1% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |