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The differences between inventory management specialists and supply chain directors 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 director. Additionally, a supply chain director has an average salary of $129,438, 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 supply chain director are supply chain, logistics, and chain operations.
| Inventory Management Specialist | Supply Chain Director | |
| Yearly salary | $56,032 | $129,438 |
| Hourly rate | $26.94 | $62.23 |
| Growth rate | 1% | - |
| Number of jobs | 108,982 | 37,396 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 38% | Bachelor's Degree, 72% |
| 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 director is primarily in charge of the overall supply chain operations in a company. Their responsibilities revolve around devising strategies to improve processes, creating business plans and sales forecasts, delegating tasks, coordinating and selecting suppliers and vendors, creating new supply chain policies when necessary, and spearheading the inventory and delivery processes. There are also instances when a supply chain director must report to higher-ranking officials, produce progress reports, and craft presentations. Furthermore, as a director, it is essential to lead the workforce while implementing the company's policies and regulations.
Inventory management specialists and supply chain directors have different pay scales, as shown below.
| Inventory Management Specialist | Supply Chain Director | |
| Average salary | $56,032 | $129,438 |
| Salary range | Between $38,000 And $81,000 | Between $90,000 And $185,000 |
| Highest paying City | Tracy, CA | San Francisco, CA |
| Highest paying state | Maryland | Washington |
| Best paying company | NVIDIA | Chewy |
| Best paying industry | Government | Hospitality |
There are a few differences between an inventory management specialist and a supply chain director in terms of educational background:
| Inventory Management Specialist | Supply Chain Director | |
| Most common degree | Bachelor's Degree, 38% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between inventory management specialists' and supply chain directors' demographics:
| Inventory Management Specialist | Supply Chain Director | |
| Average age | 47 | 47 |
| Gender ratio | Male, 66.2% Female, 33.8% | Male, 83.1% Female, 16.9% |
| 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, 7.4% Unknown, 4.7% Hispanic or Latino, 12.5% Asian, 8.8% White, 65.9% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 10% | 10% |