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The differences between inventory planners and planning 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 planning coordinator. Additionally, an inventory planner has an average salary of $65,504, which is higher than the $49,235 average annual salary of a planning coordinator.
The top three skills for an inventory planner include supply chain, purchase orders and logistics. The most important skills for a planning coordinator are patients, insurance benefits, and customer service.
| Inventory Planner | Planning Coordinator | |
| Yearly salary | $65,504 | $49,235 |
| Hourly rate | $31.49 | $23.67 |
| Growth rate | -3% | -3% |
| Number of jobs | 37,034 | 29,973 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 62% |
| 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.
As planning coordinators, there are certain skills that this job requires to accomplish their responsibilities. They mostly work at the non-profits and health care facilities. Working as planning coordinators, it is expected that your communication skills are good, excellent customer service skills, and detail-oriented. Moreover, as a planning coordinator, part of their job is to focus on patient care, treatment plans, and medical records. This job is complex, and it's not limited to patient care but also managing financial statements and providing good customer service throughout.
Inventory planners and planning coordinators have different pay scales, as shown below.
| Inventory Planner | Planning Coordinator | |
| Average salary | $65,504 | $49,235 |
| Salary range | Between $45,000 And $93,000 | Between $35,000 And $68,000 |
| Highest paying City | San Bruno, CA | Boston, MA |
| Highest paying state | California | Maryland |
| Best paying company | Entegris | Meta |
| Best paying industry | Technology | Finance |
There are a few differences between an inventory planner and a planning coordinator in terms of educational background:
| Inventory Planner | Planning Coordinator | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | University of Pennsylvania |
Here are the differences between inventory planners' and planning coordinators' demographics:
| Inventory Planner | Planning Coordinator | |
| Average age | 45 | 45 |
| Gender ratio | Male, 53.0% Female, 47.0% | Male, 32.1% Female, 67.9% |
| 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, 10.0% Unknown, 4.9% Hispanic or Latino, 16.6% Asian, 7.0% White, 61.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 11% | 11% |