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The differences between global supply 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 manager and an inventory management specialist. Additionally, a global supply manager has an average salary of $108,232, which is higher than the $56,032 average annual salary of an inventory management specialist.
The top three skills for a global supply manager include supply chain, cost reduction and supplier relationships. The most important skills for an inventory management specialist are customer service, inventory management system, and purchase orders.
| Global Supply Manager | Inventory Management Specialist | |
| Yearly salary | $108,232 | $56,032 |
| Hourly rate | $52.03 | $26.94 |
| Growth rate | 17% | 1% |
| Number of jobs | 46,402 | 108,982 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 38% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
A Global Supply Manager is responsible for supervising production supplies' adequacy to meet distribution requirements according to the supply chain processes. Global Supply Managers coordinate with senior management to improve sourcing strategies and adhere to customer demands. They also conduct data and statistical analysis and evaluate the current market trends to identify business opportunities to generate more revenue resources for the business. A Global Supply Chain Manager must have excellent leadership and analytical skills, especially in developing cost-reduction techniques without compromising high-quality deliverables.
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 managers and inventory management specialists have different pay scales, as shown below.
| Global Supply Manager | Inventory Management Specialist | |
| Average salary | $108,232 | $56,032 |
| Salary range | Between $80,000 And $144,000 | Between $38,000 And $81,000 |
| Highest paying City | Sparks, NV | Tracy, CA |
| Highest paying state | Connecticut | Maryland |
| Best paying company | Meta | NVIDIA |
| Best paying industry | Technology | Government |
There are a few differences between a global supply manager and an inventory management specialist in terms of educational background:
| Global Supply Manager | Inventory Management Specialist | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 38% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between global supply managers' and inventory management specialists' demographics:
| Global Supply Manager | Inventory Management Specialist | |
| Average age | 47 | 47 |
| Gender ratio | Male, 70.2% Female, 29.8% | Male, 66.2% Female, 33.8% |
| Race ratio | Black or African American, 7.4% Unknown, 4.7% Hispanic or Latino, 12.5% Asian, 8.8% White, 66.0% 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% |