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The differences between master 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 a master planner and an inventory control lead. Additionally, a master planner has an average salary of $80,433, which is higher than the $45,155 average annual salary of an inventory control lead.
The top three skills for a master planner include MRP, continuous improvement and program management. The most important skills for an inventory control lead are logistics, inventory adjustments, and physical inventory.
| Master Planner | Inventory Control Lead | |
| Yearly salary | $80,433 | $45,155 |
| Hourly rate | $38.67 | $21.71 |
| Growth rate | -3% | -3% |
| Number of jobs | 26,869 | 50,694 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 37% |
| Average age | 45 | 45 |
| Years of experience | 2 | 2 |
A master planner is responsible for creating and implementing inventory and overseeing shipment master schedules. You will develop planning tools to obtain stakeholders' approval, and convey and liaise master production schedule to ensure schedule availability. Additionally, your role will require you to plan the calendar to ensure monthly updates to the master production schedule. You are also responsible for developing, executing, and maintaining the tools and techniques needed to evaluate the effect of proposed changes to the schedule.
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.
Master planners and inventory control leads have different pay scales, as shown below.
| Master Planner | Inventory Control Lead | |
| Average salary | $80,433 | $45,155 |
| Salary range | Between $63,000 And $102,000 | Between $28,000 And $72,000 |
| Highest paying City | Fremont, CA | Romeoville, IL |
| Highest paying state | Washington | New Jersey |
| Best paying company | Huntsman | Meta |
| Best paying industry | Manufacturing | Energy |
There are a few differences between a master planner and an inventory control lead in terms of educational background:
| Master Planner | Inventory Control Lead | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 37% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Western Carolina University |
Here are the differences between master planners' and inventory control leads' demographics:
| Master Planner | Inventory Control Lead | |
| Average age | 45 | 45 |
| Gender ratio | Male, 64.9% Female, 35.1% | Male, 67.9% Female, 32.1% |
| Race ratio | 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% | 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% |