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The differences between inventory management specialists and directors of supply chain management can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an inventory management specialist and a director of supply chain management. Additionally, a director of supply chain management has an average salary of $131,875, which is higher than the $56,032 average annual salary of an inventory management specialist.
The top three skills for an inventory management specialist include customer service, inventory management system and purchase orders. The most important skills for a director of supply chain management are supply chain, logistics, and chain management.
| Inventory Management Specialist | Director Of Supply Chain Management | |
| Yearly salary | $56,032 | $131,875 |
| Hourly rate | $26.94 | $63.40 |
| Growth rate | 1% | - |
| Number of jobs | 108,982 | 91,983 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 38% | Bachelor's Degree, 70% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
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.
A supply chain management director is responsible for overseeing the supply chain management operations by managing the distribution process and material delivery. Supply chain management directors coordinate with the suppliers and vendors to negotiate contracts and conditions, monitor the production deadline, confirm shipment details, and resolve distribution delays. They also conduct data and statistical analysis to identify methodologies that would increase the staff's productivity and efficiency. A supply chain management director analyzes financial transactions, manage cost-reduction expenses, and discuss production reports to the senior management.
Inventory management specialists and directors of supply chain management have different pay scales, as shown below.
| Inventory Management Specialist | Director Of Supply Chain Management | |
| Average salary | $56,032 | $131,875 |
| Salary range | Between $38,000 And $81,000 | Between $94,000 And $184,000 |
| Highest paying City | Tracy, CA | San Mateo, CA |
| Highest paying state | Maryland | California |
| Best paying company | NVIDIA | Mayo Clinic |
| Best paying industry | Government | Manufacturing |
There are a few differences between an inventory management specialist and a director of supply chain management in terms of educational background:
| Inventory Management Specialist | Director Of Supply Chain Management | |
| Most common degree | Bachelor's Degree, 38% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between inventory management specialists' and directors of supply chain management' demographics:
| Inventory Management Specialist | Director Of Supply Chain Management | |
| Average age | 47 | 47 |
| Gender ratio | Male, 66.2% Female, 33.8% | Male, 80.0% Female, 20.0% |
| Race ratio | 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% | Black or African American, 7.5% Unknown, 4.7% Hispanic or Latino, 12.5% Asian, 8.8% White, 65.8% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 10% | 10% |