Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between inventory planners and material coordinators 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 a material coordinator. Additionally, an inventory planner has an average salary of $65,504, which is higher than the $40,083 average annual salary of a material coordinator.
The top three skills for an inventory planner include supply chain, purchase orders and logistics. The most important skills for a material coordinator are logistics, customer service, and purchase orders.
| Inventory Planner | Material Coordinator | |
| Yearly salary | $65,504 | $40,083 |
| Hourly rate | $31.49 | $19.27 |
| Growth rate | -3% | -3% |
| Number of jobs | 37,034 | 42,060 |
| Job satisfaction | - | 3 |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 45% |
| 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.
A material coordinator is in charge of processing requisitions and ensuring that all departments receive necessary goods and materials within a company. Aside from this, they must maintain positive engagements with vendors, suppliers, and business partners, negotiate contracts, manage schedules of deliveries, and prioritize cost-efficient goods. It is also a material coordinator's responsibility to keep an accurate record of inventory, secure sensitive data, and coordinate with all departments to ensure that all transactions are efficient and precise.
Inventory planners and material coordinators have different pay scales, as shown below.
| Inventory Planner | Material Coordinator | |
| Average salary | $65,504 | $40,083 |
| Salary range | Between $45,000 And $93,000 | Between $30,000 And $52,000 |
| Highest paying City | San Bruno, CA | Santa Clara, CA |
| Highest paying state | California | Hawaii |
| Best paying company | Entegris | VF |
| Best paying industry | Technology | Finance |
There are a few differences between an inventory planner and a material coordinator in terms of educational background:
| Inventory Planner | Material Coordinator | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 45% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Western Carolina University |
Here are the differences between inventory planners' and material coordinators' demographics:
| Inventory Planner | Material Coordinator | |
| Average age | 45 | 45 |
| Gender ratio | Male, 53.0% Female, 47.0% | Male, 64.4% Female, 35.6% |
| 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, 10.1% Unknown, 4.9% Hispanic or Latino, 16.6% Asian, 7.0% White, 60.9% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 11% | 11% |