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The differences between service planners and inventory planners can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a service planner and an inventory planner. Additionally, an inventory planner has an average salary of $65,504, which is higher than the $56,421 average annual salary of a service planner.
The top three skills for a service planner include customer complaints, data entry and customer service. The most important skills for an inventory planner are supply chain, purchase orders, and logistics.
| Service Planner | Inventory Planner | |
| Yearly salary | $56,421 | $65,504 |
| Hourly rate | $27.13 | $31.49 |
| Growth rate | -3% | -3% |
| Number of jobs | 15,435 | 37,034 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 74% |
| Average age | 45 | 45 |
| Years of experience | 2 | 2 |
The duties of a service planner depend on their place or industry of employment. Typically, their responsibilities include performing market research and analysis, gathering and analyzing customer data and feedback, liaising with external parties such as vendors and suppliers, establishing guidelines and timelines, and developing strategies to optimize operations. They must also monitor the progress of operations from planning to execution, resolving problems should any arise. Moreover, a service planner usually works in a team setting, which requires an active communication line for a smooth and efficient workflow.
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.
Service planners and inventory planners have different pay scales, as shown below.
| Service Planner | Inventory Planner | |
| Average salary | $56,421 | $65,504 |
| Salary range | Between $40,000 And $78,000 | Between $45,000 And $93,000 |
| Highest paying City | San Francisco, CA | San Bruno, CA |
| Highest paying state | California | California |
| Best paying company | Entegris | |
| Best paying industry | Energy | Technology |
There are a few differences between a service planner and an inventory planner in terms of educational background:
| Service Planner | Inventory Planner | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Western Carolina University |
Here are the differences between service planners' and inventory planners' demographics:
| Service Planner | Inventory Planner | |
| Average age | 45 | 45 |
| Gender ratio | Male, 44.5% Female, 55.5% | Male, 53.0% Female, 47.0% |
| Race ratio | Black or African American, 9.7% Unknown, 4.9% Hispanic or Latino, 16.8% Asian, 7.0% White, 61.0% American Indian and Alaska Native, 0.5% | 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% |
| LGBT Percentage | 11% | 11% |