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The differences between inventory planners and inventory control leads can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both an inventory planner and an inventory control lead. Additionally, an inventory planner has an average salary of $65,504, which is higher than the $45,155 average annual salary of an inventory control lead.
The top three skills for an inventory planner include supply chain, purchase orders and logistics. The most important skills for an inventory control lead are logistics, inventory adjustments, and physical inventory.
| Inventory Planner | Inventory Control Lead | |
| Yearly salary | $65,504 | $45,155 |
| Hourly rate | $31.49 | $21.71 |
| Growth rate | -3% | -3% |
| Number of jobs | 37,034 | 50,694 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 37% |
| Average age | 45 | 45 |
| Years of experience | 2 | 2 |
An inventory planner is an individual who is responsible for creating effective inventory plans and strategies to maximize profitability for an organization. Inventory planners are required to produce documents that detail the quantity specifications of the organization's product or equipment. They must maintain their files updated about the inventory by recording them into the organization's databases to avoid possible discrepancies. Inventory planners must also predict future inventory needs and producing plans for buying based on forecasts and sales data.
An Inventory Control Lead oversees supplies in an organization, aiming to meet market demands and avoid oversupply. They perform regular inspections and assessments, review invoices and other documentation, monitor product distribution operations, and produce regular progress reports. It is their responsibility to address issues and concerns, resolve them promptly, and efficiently maintain smooth workflow operations. Moreover, an Inventory Control Lead manages different teams, encouraging them to reach goals while implementing company policies and guidelines.
Inventory planners and inventory control leads have different pay scales, as shown below.
| Inventory Planner | Inventory Control Lead | |
| Average salary | $65,504 | $45,155 |
| Salary range | Between $45,000 And $93,000 | Between $28,000 And $72,000 |
| Highest paying City | San Bruno, CA | Romeoville, IL |
| Highest paying state | California | New Jersey |
| Best paying company | Entegris | Meta |
| Best paying industry | Technology | Energy |
There are a few differences between an inventory planner and an inventory control lead in terms of educational background:
| Inventory Planner | Inventory Control Lead | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 37% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Western Carolina University |
Here are the differences between inventory planners' and inventory control leads' demographics:
| Inventory Planner | Inventory Control Lead | |
| Average age | 45 | 45 |
| Gender ratio | Male, 53.0% Female, 47.0% | Male, 67.9% Female, 32.1% |
| Race ratio | Black or African American, 9.4% Unknown, 5.0% Hispanic or Latino, 17.3% Asian, 7.1% White, 60.7% American Indian and Alaska Native, 0.5% | Black or African American, 10.2% Unknown, 4.9% Hispanic or Latino, 16.8% Asian, 7.0% White, 60.6% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 11% | 11% |