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The differences between inventory planners and project schedulers 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 project scheduler. Additionally, a project scheduler has an average salary of $85,491, which is higher than the $65,504 average annual salary of an inventory planner.
The top three skills for an inventory planner include supply chain, purchase orders and logistics. The most important skills for a project scheduler are project management, primavera p6, and project controls.
| Inventory Planner | Project Scheduler | |
| Yearly salary | $65,504 | $85,491 |
| Hourly rate | $31.49 | $41.10 |
| Growth rate | -3% | -3% |
| Number of jobs | 37,034 | 17,065 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 68% |
| 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 project scheduler is responsible for organizing and managing project schedules, including meetings, appointments, and other related activities involved in the operational production. Project schedulers coordinate with clients and business partners to inform them of the schedule, respond to their inquiries and concerns, and take note of their availability, especially on cancellations and reschedules. They also perform administrative and clerical tasks as needed, such as writing meeting reports, updating clients' information on the database, operating the scheduling management system software, and evaluating progress reports and project deadlines.
Inventory planners and project schedulers have different pay scales, as shown below.
| Inventory Planner | Project Scheduler | |
| Average salary | $65,504 | $85,491 |
| Salary range | Between $45,000 And $93,000 | Between $61,000 And $118,000 |
| Highest paying City | San Bruno, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Entegris | AstraZeneca |
| Best paying industry | Technology | Professional |
There are a few differences between an inventory planner and a project scheduler in terms of educational background:
| Inventory Planner | Project Scheduler | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Western Carolina University |
Here are the differences between inventory planners' and project schedulers' demographics:
| Inventory Planner | Project Scheduler | |
| Average age | 45 | 45 |
| Gender ratio | Male, 53.0% Female, 47.0% | Male, 67.8% Female, 32.2% |
| 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, 16.9% Asian, 7.0% White, 60.4% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 11% | 11% |