Director, Materials Management Salary at Memorial Hospital BETA
How much does a Memorial Hospital Director, Materials Management make?
As of April 2025, the average annual salary for a Director, Materials Management at Memorial Hospital is $159,165, which translates to approximately $77 per hour. Salaries for Director, Materials Management at Memorial Hospital typically range from $138,924 to $180,404, reflecting the diverse roles within the company.
It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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What Skills Does a person Need at Memorial Hospital?
At Memorial Hospital, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
- Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
- Purchasing: Purchasing refers to a business or organization attempting to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Typically the word “purchasing” is not used interchangeably with the word “procurement”, since procurement typically includes expediting, supplier quality, and transportation and logistics (T&L) in addition to purchasing.
- Scheduling: Scheduling is the process of arranging, controlling and optimizing work and workloads in a production process or manufacturing process.
- Inventory Control: Inventory control or stock control can be broadly defined as "the activity of checking a shop’s stock." However, a more focused definition takes into account the more science-based, methodical practice of not only verifying a business' inventory but also focusing on the many related facets of inventory management (such as forecasting future demand) "within an organisation to meet the demand placed upon that business economically." Other facets of inventory control include supply chain management, production control, financial flexibility, and customer satisfaction. At the root of inventory control, however, is the inventory control problem, which involves determining when to order, how much to order, and the logistics (where) of those decisions. An extension of inventory control is the inventory control system. This may come in the form of a technological system and its programmed software used for managing various aspects of inventory problems , or it may refer to a methodology (which may include the use of technological barriers) for handling loss prevention in a business.
- Materials Management: Materials management is a core supply chain function and includes supply chain planning and supply chain execution capabilities. Specifically, materials management is the capability firms use to plan total material requirements. The material requirements are communicated to procurement and other functions for sourcing. Materials management is also responsible for determining the amount of material to be deployed at each stocking location across the supply chain, establishing material replenishment plans, determining inventory levels to hold for each type of inventory (raw, WIP, Finished Goods), and communicating information regarding material needs throughout the extended supply chain. Typical roles in Materials Management include: Materials Manager, Inventory Control Manager, Inventory Analyst, Material Planner, Expediter and emerging hybrid roles like "buyer planner". The primary business objective of Materials Management is assured supply of material, optimum inventory levels and minimum deviation between planned and actual results.
Related Jobs
Check more jobs information at Memorial Hospital
| Job Title | Average Memorial Hospital Salary | Hourly Rate | |
|---|---|---|---|
| 2 | Patient Access Representative | $38,218 | $18 |
| 3 | Phlebotomist | $40,010 | $19 |
| 4 | Revenue Cycle Coordinator | $63,067 | $30 |
| 5 | Speech Language Pathologist | $92,815 | $45 |
| 6 | Systems Administrator | $111,684 | $54 |
| 7 | Unit Secretary | $41,141 | $20 |
| 8 | Medical Records Clerk | $39,943 | $19 |
| 9 | Staff Registered Nurse | $83,300 | $40 |
| 10 | Chest Pain Coordinator | $384,951 | $185 |
| 11 | Registered Nurse | $83,300 | $40 |
| 12 | Senior Radiation Therapist | $96,822 | $47 |
| 13 | Licensed Physical Therapist | $100,470 | $48 |
Hourly Pay at Memorial Hospital
FAQ about Salary and Jobs at Memorial Hospital
The average hourly pay is $77. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
According to the data, the highest approximate salary is about $180,404 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
According to the data, the lowest estimated salary is about $138,924 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.