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The differences between inventory managers and logistics managers 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 manager and a logistics manager. Additionally, a logistics manager has an average salary of $74,702, which is higher than the $62,768 average annual salary of an inventory manager.
The top three skills for an inventory manager include PET, direct reports and customer service. The most important skills for a logistics manager are customer service, supply chain, and continuous improvement.
| Inventory Manager | Logistics Manager | |
| Yearly salary | $62,768 | $74,702 |
| Hourly rate | $30.18 | $35.91 |
| Growth rate | -6% | 6% |
| Number of jobs | 30,717 | 31,437 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 62% |
| Average age | 47 | 45 |
| Years of experience | 6 | 6 |
An inventory manager is responsible for supervising the overall inventory operations, monitoring supplies and materials, and checking the accuracy of data reports from the inventory associates. Inventory managers' duties include validating stock levels using record software tools, determining the availability of stocks for purchase orders, inspecting the incoming and outgoing shipments, and addressing product concerns by communicating with suppliers and third-party vendors. An inventory manager must have excellent communication and leadership skills to handle the staff's performance and manage customers' inquiries and complaints.
The person in charge of coordinating, purchasing, and distributing products in a supply chain is called logistics manager. Logistic managers are supply specialists that are responsible for the overall supply chain management. They supervise employees to maintain safety in the workplace, resolve customer's issues and complaints, and develop strategies for operations. Also, they are responsible for collaborating and negotiating with manufacturers, suppliers, retailers, and consumers. These highly-detailed professionals maintain precise records of inventory and ensure that supply chain processes are regularly operating.
Inventory managers and logistics managers have different pay scales, as shown below.
| Inventory Manager | Logistics Manager | |
| Average salary | $62,768 | $74,702 |
| Salary range | Between $43,000 And $91,000 | Between $52,000 And $106,000 |
| Highest paying City | San Francisco, CA | Seattle, WA |
| Highest paying state | Washington | Washington |
| Best paying company | NVIDIA | Apple |
| Best paying industry | Retail | Technology |
There are a few differences between an inventory manager and a logistics manager in terms of educational background:
| Inventory Manager | Logistics Manager | |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between inventory managers' and logistics managers' demographics:
| Inventory Manager | Logistics Manager | |
| Average age | 47 | 45 |
| Gender ratio | Male, 69.4% Female, 30.6% | Male, 77.9% Female, 22.1% |
| Race ratio | Black or African American, 7.8% Unknown, 4.7% Hispanic or Latino, 13.1% Asian, 8.5% White, 65.3% American Indian and Alaska Native, 0.7% | Black or African American, 11.2% Unknown, 4.3% Hispanic or Latino, 18.6% Asian, 6.1% White, 59.4% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 10% | 5% |