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The differences between inventory management specialists and inventory coordinators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an inventory management specialist, becoming an inventory coordinator takes usually requires 1-2 years. Additionally, an inventory management specialist has an average salary of $56,032, which is higher than the $37,142 average annual salary of an inventory coordinator.
The top three skills for an inventory management specialist include customer service, inventory management system and purchase orders. The most important skills for an inventory coordinator are customer service, cleanliness, and sales floor.
| Inventory Management Specialist | Inventory Coordinator | |
| Yearly salary | $56,032 | $37,142 |
| Hourly rate | $26.94 | $17.86 |
| Growth rate | 1% | -3% |
| Number of jobs | 108,982 | 38,774 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 38% | Bachelor's Degree, 49% |
| Average age | 47 | 45 |
| Years of experience | 6 | 2 |
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.
An inventory coordinator specializes in overseeing the supply flow of materials in a warehouse or similar setting. It is their responsibility to manage and handle the inventory, ensuring that the quantity and quality of materials align with company standards. Moreover, they are also responsible for assessing staff's performance, coordinating with different employees to ensure the accuracy of services, gathering and organizing data, maintaining records of transactions, and responding to any inquiries or concerns. As an inventory coordinator, it is essential to devise strategies for optimal performance, all while implementing the company's policies and regulations.
Inventory management specialists and inventory coordinators have different pay scales, as shown below.
| Inventory Management Specialist | Inventory Coordinator | |
| Average salary | $56,032 | $37,142 |
| Salary range | Between $38,000 And $81,000 | Between $29,000 And $46,000 |
| Highest paying City | Tracy, CA | Grand Forks, ND |
| Highest paying state | Maryland | North Dakota |
| Best paying company | NVIDIA | BD |
| Best paying industry | Government | Energy |
There are a few differences between an inventory management specialist and an inventory coordinator in terms of educational background:
| Inventory Management Specialist | Inventory Coordinator | |
| Most common degree | Bachelor's Degree, 38% | Bachelor's Degree, 49% |
| Most common major | Business | Business |
| Most common college | Stanford University | Western Carolina University |
Here are the differences between inventory management specialists' and inventory coordinators' demographics:
| Inventory Management Specialist | Inventory Coordinator | |
| Average age | 47 | 45 |
| Gender ratio | Male, 66.2% Female, 33.8% | Male, 56.3% Female, 43.7% |
| 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, 10.3% Unknown, 4.9% Hispanic or Latino, 17.0% Asian, 7.0% White, 60.3% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 11% |