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Procurement cost coordinator vs inventory coordinator

The differences between procurement cost coordinators and inventory 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 coordinator. Additionally, a procurement cost coordinator has an average salary of $63,618, which is higher than the $37,142 average annual salary of an inventory coordinator.

The top three skills for a procurement cost coordinator include coordinators, purchase orders and cost analysis. The most important skills for an inventory coordinator are customer service, cleanliness, and sales floor.

Procurement cost coordinator vs inventory coordinator overview

Procurement Cost CoordinatorInventory Coordinator
Yearly salary$63,618$37,142
Hourly rate$30.59$17.86
Growth rate-3%-3%
Number of jobs27,76738,774
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 49%
Average age4545
Years of experience22

Procurement cost coordinator vs inventory coordinator salary

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

Procurement Cost CoordinatorInventory Coordinator
Average salary$63,618$37,142
Salary rangeBetween $40,000 And $100,000Between $29,000 And $46,000
Highest paying City-Grand Forks, ND
Highest paying state-North Dakota
Best paying company-BD
Best paying industry-Energy

Differences between procurement cost coordinator and inventory coordinator education

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

Procurement Cost CoordinatorInventory Coordinator
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 49%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaWestern Carolina University

Procurement cost coordinator vs inventory coordinator demographics

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

Procurement Cost CoordinatorInventory Coordinator
Average age4545
Gender ratioMale, 42.8% Female, 57.2%Male, 56.3% Female, 43.7%
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, 10.3% Unknown, 4.9% Hispanic or Latino, 17.0% Asian, 7.0% White, 60.3% American Indian and Alaska Native, 0.5%
LGBT Percentage11%11%

Differences between procurement cost coordinator and inventory 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 coordinator example responsibilities.

  • Manage several inventory locations within ERP system.
  • Manage delivery of raw material to production through communication with material handlers using FIFO.
  • Select components for manufacturing assembly/test orders and perform inventory transactions via ERP system.
  • Assist customers with their pet care needs, offering advice and recommendations.
  • Review existing WMS system, provide input for improvements, and provide end user training.
  • Use RF scan gun for daily functions and train for all daily functions of warehouse production.
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Procurement cost coordinator vs inventory 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 coordinator skills
  • Customer Service, 25%
  • Cleanliness, 10%
  • Sales Floor, 9%
  • Physical Inventory, 6%
  • Inventory Control, 5%
  • Purchase Orders, 5%

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