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The differences between global supply chain managers and inventory management specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a global supply chain manager and an inventory management specialist. Additionally, a global supply chain manager has an average salary of $122,423, which is higher than the $56,032 average annual salary of an inventory management specialist.
The top three skills for a global supply chain manager include supply chain, continuous improvement and demand planning. The most important skills for an inventory management specialist are customer service, inventory management system, and purchase orders.
| Global Supply Chain Manager | Inventory Management Specialist | |
| Yearly salary | $122,423 | $56,032 |
| Hourly rate | $58.86 | $26.94 |
| Growth rate | - | 1% |
| Number of jobs | 35,887 | 108,982 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 38% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
A global supply chain manager is responsible for supervising the overall supply management operations across branches globally and monitoring the logistics details and processes to prevent distribution and manufacturing delays. Global supply chain managers identify cost-reduction resources by negotiating and coordinating with trusted suppliers and vendors to provide high-quality materials according to client needs. They also determine inefficiency with delivery procedures and increase efficiency by improving shipment systems and maximizing the staff's productivity. A global supply chain manager reviews the record of inventories and ensures the adequacy of items on hand.
An inventory management specialist is responsible for maintaining the adequacy of stock supplies to support customers' needs. Inventory management specialists help develop inventory processes and strategies to keep the supplies organized and free of any defects while on storage. They also monitor inventory costs and process orders through various software tools, requiring them to have a working knowledge of computer systems and the ability to operate warehouse equipment and machinery on moving merchandise around the warehouse.
Global supply chain managers and inventory management specialists have different pay scales, as shown below.
| Global Supply Chain Manager | Inventory Management Specialist | |
| Average salary | $122,423 | $56,032 |
| Salary range | Between $87,000 And $170,000 | Between $38,000 And $81,000 |
| Highest paying City | San Rafael, CA | Tracy, CA |
| Highest paying state | California | Maryland |
| Best paying company | NVIDIA | |
| Best paying industry | Technology | Government |
There are a few differences between a global supply chain manager and an inventory management specialist in terms of educational background:
| Global Supply Chain Manager | Inventory Management Specialist | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 38% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between global supply chain managers' and inventory management specialists' demographics:
| Global Supply Chain Manager | Inventory Management Specialist | |
| Average age | 47 | 47 |
| Gender ratio | Male, 78.6% Female, 21.4% | Male, 66.2% Female, 33.8% |
| Race ratio | Black or African American, 7.5% Unknown, 4.7% Hispanic or Latino, 12.5% Asian, 8.8% White, 65.9% American Indian and Alaska Native, 0.7% | Black or African American, 7.7% Unknown, 4.7% Hispanic or Latino, 12.9% Asian, 8.9% White, 65.1% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 10% | 10% |