Materials Manager / Coordinator Salary
The average pay for a Materials Manager / Coordinator is $60,267 per year. Experience has a moderate effect on income for this job. The highest paying skills associated with this job are Supply Chain, Purchasing, Data Analysis, and Inventory Control.
Job Description for Materials Manager / Coordinator
Material managers/coordinators are also known as purchasing managers, and are usually in charge of their company's procurement department. Procurement specialists, contract specialists, and buyers may report to these managers/coordinators, depending on the size of the company.Read More...
Those in this position are very important to the production and operations of their company, as projects cannot begin without the needed supplies and materials for the proper departments. These managers usually oversee bidding processes that are handled by their staff to make sure they're for the right materials, prices, and qualities. They are also responsible for making sure that the buyers are honest and objective, and have no conflicts of interest with vendors. The production department will send requisitions to the purchasing or procurement department for the supplies and materials needed, and the materials manager must make sure the requests are handled properly and coordinated in a timely manner.
These managers must be familiar with the supply and materials that are needed, as they are responsible for choosing the correct vendors to provide quality goods at reasonable prices. They may solicits bids from various vendors and contracts may have to be written and signed by both the vendors and company representatives. The material manager will also coordinate and follow up with project site managers and/or factories to make sure the requested supplies arrive on time. A Bachelor's degree is generally required for this position.
Materials Manager / Coordinator Tasks
- Coordinate requisitions, orders and distribution of purchased materials, equipment and supplies.
- Manage inventory and real-time logs of inventory.
- Analyze sales or use forecasts to provide needed materials to producers or users at the appropriate times.
- Perform cost-benefit analyses to inform decision-making about materials and suppliers.
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