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The differences between procurement consultants and material 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 procurement consultant and a material manager. Additionally, a material manager has an average salary of $96,125, 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 material manager are supply chain, logistics, and customer service.
| Procurement Consultant | Material Manager | |
| Yearly salary | $81,254 | $96,125 |
| Hourly rate | $39.06 | $46.21 |
| Growth rate | -6% | -6% |
| Number of jobs | 38,005 | 43,759 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 65% |
| 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 material manager is responsible for monitoring inventories and stock supplies, ensuring the adequacy of materials needed for manufacturing or other operations, depending on the organization's industry. Material managers meet with suppliers and third-party vendors, negotiating contracts that would fit the budget goals of the company without compromising quality. They manage the distribution of resources throughout the organizations' department and provide purchase reports for the management. A material manager must have excellent communication and leadership skills to address the needs of an organization for smooth operations.
Procurement consultants and material managers have different pay scales, as shown below.
| Procurement Consultant | Material Manager | |
| Average salary | $81,254 | $96,125 |
| Salary range | Between $64,000 And $101,000 | Between $72,000 And $126,000 |
| Highest paying City | San Francisco, CA | Menlo Park, CA |
| Highest paying state | California | California |
| Best paying company | McKinsey & Company Inc | Meta |
| Best paying industry | Technology | Technology |
There are a few differences between a procurement consultant and a material manager in terms of educational background:
| Procurement Consultant | Material Manager | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between procurement consultants' and material managers' demographics:
| Procurement Consultant | Material Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 66.3% Female, 33.7% | Male, 77.7% Female, 22.3% |
| 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, 9.0% 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% |