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Inventory specialist manager vs inventory manager

The differences between inventory specialist managers and inventory 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 specialist manager and an inventory manager. Additionally, an inventory specialist manager has an average salary of $109,820, which is higher than the $62,768 average annual salary of an inventory manager.

The top three skills for an inventory specialist manager include project management, customer service and direct reports. The most important skills for an inventory manager are PET, direct reports, and customer service.

Inventory specialist manager vs inventory manager overview

Inventory Specialist ManagerInventory Manager
Yearly salary$109,820$62,768
Hourly rate$52.80$30.18
Growth rate6%-6%
Number of jobs332,55530,717
Job satisfaction--
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 54%
Average age4447
Years of experience66

What does an inventory specialist manager do?

In warehouses, an inventory specialist manager is in charge of developing strategies to optimize a company's supply chain and inventory operations. They typically perform research and analysis to identify the best practices, gather and analyze data, liaise with internal and external parties, control and monitor the flow of materials, and address issues and concerns, resolving them promptly and efficiently. Furthermore, as a manager, it is essential to lead and encourage teams to reach goals, all while implementing the company's policies and regulations.

What does an inventory manager do?

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.

Inventory specialist manager vs inventory manager salary

Inventory specialist managers and inventory managers have different pay scales, as shown below.

Inventory Specialist ManagerInventory Manager
Average salary$109,820$62,768
Salary rangeBetween $80,000 And $150,000Between $43,000 And $91,000
Highest paying CitySacramento, CASan Francisco, CA
Highest paying stateNew JerseyWashington
Best paying companyAmazonNVIDIA
Best paying industryEnergyRetail

Differences between inventory specialist manager and inventory manager education

There are a few differences between an inventory specialist manager and an inventory manager in terms of educational background:

Inventory Specialist ManagerInventory Manager
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 54%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaStanford University

Inventory specialist manager vs inventory manager demographics

Here are the differences between inventory specialist managers' and inventory managers' demographics:

Inventory Specialist ManagerInventory Manager
Average age4447
Gender ratioMale, 53.5% Female, 46.5%Male, 69.4% Female, 30.6%
Race ratioBlack or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.2% Asian, 6.4% White, 67.5% American Indian and Alaska Native, 0.5%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%
LGBT Percentage10%10%

Differences between inventory specialist manager and inventory manager duties and responsibilities

Inventory specialist manager example responsibilities.

  • Manage and run the candy store.
  • Manage social media networks for increase public visibility through Facebook.
  • Reconcile daily sales, resolving discrepancies with POS transactions and corresponding with corporate office daily.
  • Key team member for development of ISO policies and procedures for inventory and production line.
  • Develop relevant KPI metrics to monitor inventory levels.
  • Provide MRP implementation expertise as it relate to production and operations management.
  • Show more

Inventory manager example responsibilities.

  • Accomplish and operate MRP and produce purchasing orders to optimize inventories of materials and supplies necessary to achieve production demands.
  • Manage a wide variety of customer service and administrative software such as TallyWizard and QuickBooks.
  • Manage control measures to ensure mistakes, inaccuracies and discrepancies are highlight, addressed and resolve.
  • Manage credit control, monthly reconciliations, management analysis and internal control.
  • Reduce new parts inventory and increase cash flow level each year with JIT deliveries.
  • Create and implement numerous processes, reports, and indicators for MRO inventory management.
  • Show more

Inventory specialist manager vs inventory manager skills

Common inventory specialist manager skills
  • Project Management, 45%
  • Customer Service, 15%
  • Direct Reports, 8%
  • ERP, 7%
  • Loss Prevention, 2%
  • POS, 2%
Common inventory manager skills
  • PET, 75%
  • Direct Reports, 4%
  • Customer Service, 4%
  • Inventory Control, 2%
  • Logistics, 2%
  • Manage Inventory, 2%

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