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The differences between senior managers, procurement 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 senior manager, procurement and a material manager. Additionally, a senior manager, procurement has an average salary of $121,433, which is higher than the $96,125 average annual salary of a material manager.
The top three skills for a senior manager, procurement include supply chain, strategic sourcing and supplier performance. The most important skills for a material manager are supply chain, logistics, and customer service.
| Senior Manager, Procurement | Material Manager | |
| Yearly salary | $121,433 | $96,125 |
| Hourly rate | $58.38 | $46.21 |
| Growth rate | -6% | -6% |
| Number of jobs | 36,873 | 43,759 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 65% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
Senior Procurement Managers oversee the procurement department of the company. They manage the procurement needs of the organization and network with vendors to keep their database of suppliers updated. Senior Procurement Managers secure competitive prices from their suppliers so that they can save up on costs. As such, Senior Procurement Managers also have visibility on the spending of each department in the organization so that they will never go over budget.
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.
Senior managers, procurement and material managers have different pay scales, as shown below.
| Senior Manager, Procurement | Material Manager | |
| Average salary | $121,433 | $96,125 |
| Salary range | Between $84,000 And $175,000 | 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 | Manufacturing | Technology |
There are a few differences between a senior manager, procurement and a material manager in terms of educational background:
| Senior Manager, Procurement | Material Manager | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between senior managers, procurement' and material managers' demographics:
| Senior Manager, Procurement | Material Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 72.8% Female, 27.2% | Male, 77.7% Female, 22.3% |
| Race ratio | Black or African American, 9.2% Unknown, 3.8% Hispanic or Latino, 12.5% Asian, 7.5% White, 66.6% 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% |