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The differences between purchasing managers 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 purchasing manager and a director of materials management. Additionally, a purchasing manager has an average salary of $98,118, which is higher than the $91,206 average annual salary of a director of materials management.
The top three skills for a purchasing manager include supply chain, strategic sourcing and project management. The most important skills for a director of materials management are materials management, supply chain, and patients.
| Purchasing Manager | Director Of Materials Management | |
| Yearly salary | $98,118 | $91,206 |
| Hourly rate | $47.17 | $43.85 |
| Growth rate | -6% | -6% |
| Number of jobs | 30,430 | 81,836 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 55% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
A purchasing manager is responsible for organizing and managing products to order or sell. Purchasing managers review product specifications, negotiate pricing details with the vendors, evaluate and choose the best suppliers, and assist purchasing agents. Purchase managers are also responsible for resolving order processing issues and analyzing current market trends to determine which products to purchase. A purchasing manager must have excellent decision-making and strategical skills to examine effects, inspect defective items, and create an in-depth analysis of customers' needs to improve their performance and sales.
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.
Purchasing managers and directors of materials management have different pay scales, as shown below.
| Purchasing Manager | Director Of Materials Management | |
| Average salary | $98,118 | $91,206 |
| Salary range | Between $70,000 And $136,000 | Between $72,000 And $114,000 |
| Highest paying City | Richmond, CA | Albany, NY |
| Highest paying state | Maine | Washington |
| Best paying company | McKinsey & Company Inc | Microsoft |
| Best paying industry | Technology | Manufacturing |
There are a few differences between a purchasing manager and a director of materials management in terms of educational background:
| Purchasing Manager | 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 purchasing managers' and directors of materials management' demographics:
| Purchasing Manager | Director Of Materials Management | |
| Average age | 47 | 47 |
| Gender ratio | Male, 67.0% Female, 33.0% | Male, 73.0% Female, 27.0% |
| Race ratio | Black or African American, 9.2% Unknown, 3.8% Hispanic or Latino, 12.5% Asian, 7.5% White, 66.7% 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% |