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The differences between inventory management specialists and supply chain coordinators 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 supply chain coordinator. Additionally, an inventory management specialist has an average salary of $56,032, which is higher than the $50,728 average annual salary of a supply chain coordinator.
The top three skills for an inventory management specialist include customer service, inventory management system and purchase orders. The most important skills for a supply chain coordinator are supply chain, customer service, and logistics.
| Inventory Management Specialist | Supply Chain Coordinator | |
| Yearly salary | $56,032 | $50,728 |
| Hourly rate | $26.94 | $24.39 |
| Growth rate | 1% | 28% |
| Number of jobs | 108,982 | 33,654 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 38% | Bachelor's Degree, 68% |
| 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 coordinator is an individual who is responsible for managing inventory and supply sources to support a company's manufacturing and anticipated demand. Supply chain coordinators must assist in the purchase of materials and services and follow-up with vendors to ensure that the purchase orders have the correct price, freight charge, and delivery date. They coordinate with the quality assurance (QA) inspectors to ensure the quality of the purchased parts and services. Under the directive orders from the logistics manager, supply chain coordinators must also perform inventory cycle counts.
Inventory management specialists and supply chain coordinators have different pay scales, as shown below.
| Inventory Management Specialist | Supply Chain Coordinator | |
| Average salary | $56,032 | $50,728 |
| Salary range | Between $38,000 And $81,000 | Between $33,000 And $76,000 |
| Highest paying City | Tracy, CA | Palmdale, CA |
| Highest paying state | Maryland | California |
| Best paying company | NVIDIA | Stepan |
| Best paying industry | Government | Manufacturing |
There are a few differences between an inventory management specialist and a supply chain coordinator in terms of educational background:
| Inventory Management Specialist | Supply Chain Coordinator | |
| Most common degree | Bachelor's Degree, 38% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between inventory management specialists' and supply chain coordinators' demographics:
| Inventory Management Specialist | Supply Chain Coordinator | |
| Average age | 47 | 47 |
| Gender ratio | Male, 66.2% Female, 33.8% | Male, 50.0% Female, 50.0% |
| 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, 12.6% Asian, 8.9% White, 65.6% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 10% | 10% |