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Procurement cost coordinator vs inventory control coordinator

The differences between procurement cost coordinators and inventory control coordinators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a procurement cost coordinator and an inventory control coordinator. Additionally, a procurement cost coordinator has an average salary of $63,618, which is higher than the $36,759 average annual salary of an inventory control coordinator.

The top three skills for a procurement cost coordinator include coordinators, purchase orders and cost analysis. The most important skills for an inventory control coordinator are customer service, logistics, and data entry.

Procurement cost coordinator vs inventory control coordinator overview

Procurement Cost CoordinatorInventory Control Coordinator
Yearly salary$63,618$36,759
Hourly rate$30.59$17.67
Growth rate-3%-3%
Number of jobs27,76766,599
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 46%
Average age4545
Years of experience22

Procurement cost coordinator vs inventory control coordinator salary

Procurement cost coordinators and inventory control coordinators have different pay scales, as shown below.

Procurement Cost CoordinatorInventory Control Coordinator
Average salary$63,618$36,759
Salary rangeBetween $40,000 And $100,000Between $28,000 And $47,000
Highest paying City-Worcester, MA
Highest paying state-New Hampshire
Best paying company-BD
Best paying industry-Transportation

Differences between procurement cost coordinator and inventory control coordinator education

There are a few differences between a procurement cost coordinator and an inventory control coordinator in terms of educational background:

Procurement Cost CoordinatorInventory Control Coordinator
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 46%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaWestern Carolina University

Procurement cost coordinator vs inventory control coordinator demographics

Here are the differences between procurement cost coordinators' and inventory control coordinators' demographics:

Procurement Cost CoordinatorInventory Control Coordinator
Average age4545
Gender ratioMale, 42.8% Female, 57.2%Male, 57.0% Female, 43.0%
Race ratioBlack 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%Black or African American, 10.0% Unknown, 4.9% Hispanic or Latino, 16.6% Asian, 6.9% White, 61.0% American Indian and Alaska Native, 0.5%
LGBT Percentage11%11%

Differences between procurement cost coordinator and inventory control coordinator duties and responsibilities

Procurement cost coordinator example responsibilities.

  • Communicate thoroughly with factories abroad to receive and negotiate CMT prices to attain target mark-ups prior to bulk production.
  • Utilize EDI communications to manage customer requirements and shipment coordination.
  • Process supplier price changes for distribution to billing coordinators.
  • Implement the correction of BOM's working closely with the engineering department in order to have an accurate material requirements planning.
  • Document and generate the bill- of- materials (BOM), listing all maintenance materials/ parts for a specific maintenance tasks.
  • Verify insurance, process payments and maintain patients records securely and handle in compliance with HIPPA privacy and security regulations.
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Inventory control coordinator example responsibilities.

  • Manage, review, analyze, verify, and ship raw, stock, purchase, QA, and manufacture materials.
  • Work primarily in AS400 maintaining company item master database with 100,000 plus items.
  • Create, complete, and close production batches in the BAAN ERP system, base on product demand.
  • Assist in the research and verification of inventory discrepancies using bar coding inventory system processes (AS400).
  • Present and apply successful MRP system concepts into the organization to confirm sufficient stock levels, production planning, and replenishment.
  • Enter manufacturing work orders assuring FIFO procedures.
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Procurement cost coordinator vs inventory control coordinator skills

Common procurement cost coordinator skills
  • Coordinators, 15%
  • Purchase Orders, 13%
  • Cost Analysis, 11%
  • Administrative Functions, 9%
  • Cost Control, 9%
  • Cost Sheets, 9%
Common inventory control coordinator skills
  • Customer Service, 16%
  • Logistics, 8%
  • Data Entry, 6%
  • Purchase Orders, 4%
  • Inventory Control Procedures, 4%
  • Shipping Receiving, 4%

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