Home > Salary > Sri Lanka > Materials Specialist
A materials specialist is responsible for managing and overseeing the procurement, storage, and distribution of materials within an organization. They work closely with suppliers to ensure the timely delivery of materials, while also monitoring inventory levels to prevent shortages or excess. Their main role is to ensure that the right materials are available at the right time, in the right quantity, and at the right price.
Materials specialists also analyze market trends and pricing to identify cost-saving opportunities and negotiate contracts with suppliers. They collaborate with various departments such as production, engineering, and quality control to determine material requirements and specifications. Additionally, they maintain accurate records of materials, track usage, and implement inventory control systems to optimize efficiency.
Estimated Yearly Salary: 1,447,757 LKR
Estimated Monthly Salary: 120,646 LKR
Estimated Weekly Salary: 27,841 LKR per week
Estimated Hourly Salary: 696 LKR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 116,708 LKR
Estimated Weekly Salary: 26,933 LKR per week
Estimated Hourly Salary: 673 LKR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 4,185 USD
Estimated Monthly Salary: 349 USD
Estimated Weekly Salary: 80 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 1,447,757 LKR
Estimated Monthly Salary: 120,646 LKR
Estimated Weekly Salary: 27,841 LKR per week
Estimated Hourly Salary: 696 LKR per hour
By working as Materials Specialist a person can save up to 124 USD per month or 1,492 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Sri Lanka, see costs of living in Sri Lanka.
Estimated Yearly Salary for Materials Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Alterations sewer (910,342 LKR per year, pre-tax.)
Fuel cell engineer (3,283,596 LKR per year, pre-tax.)
Investor relations associate (1,876,975 LKR per year, pre-tax.)
Mine shuttle car operator (1,410,218 LKR per year, pre-tax.)
Quality assurance supervisor (2,385,285 LKR per year, pre-tax.)
Materials Specialist salary in Sri Lanka
Average Yearly Salary of Materials Specialist in Sri Lanka is approximately 1,447,757 LKR (4,185 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Materials Specialist do?
A materials specialist is responsible for managing and overseeing the procurement, storage, and distribution of materials within an organization. They work closely with suppliers to ensure the timely delivery of materials, while also monitoring inventory levels to prevent shortages or excess. Their main role is to ensure that the right materials are available at the right time, in the right quantity, and at the right price.
Materials specialists also analyze market trends and pricing to identify cost-saving opportunities and negotiate contracts with suppliers. They collaborate with various departments such as production, engineering, and quality control to determine material requirements and specifications. Additionally, they maintain accurate records of materials, track usage, and implement inventory control systems to optimize efficiency.
Skills: Materials Specialist, Procurement, Inventory Management, Supply Chain, Supplier Management, Cost Optimization
Job industry: Manufacturing
Job industry: Manufacturing
How much does Materials Specialist make?
Salary details
How much does Materials Specialist make?Estimated Yearly Salary: 1,447,757 LKR
Estimated Monthly Salary: 120,646 LKR
Estimated Weekly Salary: 27,841 LKR per week
Estimated Hourly Salary: 696 LKR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,400,492 LKREstimated Monthly Salary: 116,708 LKR
Estimated Weekly Salary: 26,933 LKR per week
Estimated Hourly Salary: 673 LKR per hour
Last revision of data: 2024-01-03Materials Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,185 USD
Estimated Monthly Salary: 349 USD
Estimated Weekly Salary: 80 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Sri Lanka, officially known as the Democratic Socialist Republic of Sri Lanka, is an island country located in South Asia. It has a population of approximately 21 million people and covers an area of around 65,610 square kilometers. The country is known for its diverse landscapes, including sandy beaches, lush forests, and scenic mountains.
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Materials Specialist job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Materials Specialist in Sri Lanka earns on average:
0.81 times the average salary (or 81% of average salary).
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Materials Specialist job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Materials Specialist in Sri Lanka earns on average:
0.81 times the average salary (or 81% of average salary).
Is Materials Specialist a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Materials Specialist?
High salary for Materials Specialist would be somewhere between 1,592,533 LKR and 2,099,248 LKR. However this is an estimation based on Gaussian Distribution.How much can you save working as Materials Specialist in Sri Lanka?
Living in Sri Lanka the approximate monthly expenses are: 224 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 1,447,757 LKR
Estimated Monthly Salary: 120,646 LKR
Estimated Weekly Salary: 27,841 LKR per week
Estimated Hourly Salary: 696 LKR per hour
By working as Materials Specialist a person can save up to 124 USD per month or 1,492 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Sri Lanka, see costs of living in Sri Lanka.
Salary comparison to region and neighbouring coutries
Country's neighbours are: India, Maldives. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Materials Specialist
India is 16,634 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Sri Lanka
(20,273,886 LKR per year, pre-tax.)
2. Cardiologist
(16,965,724 LKR per year, pre-tax.)
(16,365,126 LKR per year, pre-tax.)
4. Neurosurgeon
(15,798,117 LKR per year, pre-tax.)
(15,785,379 LKR per year, pre-tax.)
6. Urologist
(15,470,862 LKR per year, pre-tax.)
(15,460,527 LKR per year, pre-tax.)
(15,421,430 LKR per year, pre-tax.)
(15,391,640 LKR per year, pre-tax.)
10. Oncologist
(15,389,631 LKR per year, pre-tax.)
Data as of 2025Random salary:
Alterations sewer (910,342 LKR per year, pre-tax.)
Fuel cell engineer (3,283,596 LKR per year, pre-tax.)
Investor relations associate (1,876,975 LKR per year, pre-tax.)
Mine shuttle car operator (1,410,218 LKR per year, pre-tax.)
Quality assurance supervisor (2,385,285 LKR per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=sri-lanka&job=materials-specialist'><img src='https://optisalary.com/wp-content/graphs/salary/materials-specialist-salary-in-sri-lanka-2025.jpg' alt='materials specialist salary in sri lanka 2025' title='materials specialist salary in sri lanka 2025' /></a>
Please note:Salary information displayed on this site is informational exclusively.
Salary details displayed on optisalary.com are meant for informational use exclusively. Our data comes from various inputs and may not necessarily be accurate. Users should verify salary information through other means before making financial decisions. The figures listed here may fluctuate due to factors such as company policies, experience levels, and demand shifts. We do not warrant that the data displayed is flawless. By accessing optisalary.com, you accept that salary information is presented 'as is' and without warranties.
Salary data displayed on this site is for reference exclusively. Our figures are compiled various inputs, but we do not guarantee their accuracy. Users must always double-check salary details with official resources before making job-related commitments. Salaries fluctuate due to economic trends, job location, and negotiation skills. We make no assurances about the completeness of the provided salary data. By continuing to use this site, you acknowledge these limitations.