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The differences between supply chain development 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 a supply chain development manager and an inventory manager. Additionally, a supply chain development manager has an average salary of $102,698, which is higher than the $62,768 average annual salary of an inventory manager.
The top three skills for a supply chain development manager include supply chain, chain processes and logistics. The most important skills for an inventory manager are PET, direct reports, and customer service.
| Supply Chain Development Manager | Inventory Manager | |
| Yearly salary | $102,698 | $62,768 |
| Hourly rate | $49.37 | $30.18 |
| Growth rate | - | -6% |
| Number of jobs | 68,974 | 30,717 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 54% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
Supply Chain Development Managers are responsible for coordinating overall logistics with the intent to minimize cost and maximize the efficiency of its supply chain. They are responsible for implementing supply chain process improvements, forecasting demand and supply to make sure supplies are readily available, negotiating terms with vendors and suppliers, and developing performance metrics to measure product cost and quality. Other duties include designing plant warehouse strategies, reviewing the manufacturing ability of vendors, managing staffing levels and equipment needs as well as creating procedures for cross-team supply chain coordination such as between the sales, marketing, and production departments.
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.
Supply chain development managers and inventory managers have different pay scales, as shown below.
| Supply Chain Development Manager | Inventory Manager | |
| Average salary | $102,698 | $62,768 |
| Salary range | Between $74,000 And $141,000 | Between $43,000 And $91,000 |
| Highest paying City | Hartford, CT | San Francisco, CA |
| Highest paying state | Connecticut | Washington |
| Best paying company | Accenture | NVIDIA |
| Best paying industry | Automotive | Retail |
There are a few differences between a supply chain development manager and an inventory manager in terms of educational background:
| Supply Chain Development Manager | Inventory Manager | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 54% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between supply chain development managers' and inventory managers' demographics:
| Supply Chain Development Manager | Inventory Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 78.9% Female, 21.1% | Male, 69.4% Female, 30.6% |
| Race ratio | Black or African American, 7.6% Unknown, 4.7% Hispanic or Latino, 12.8% Asian, 9.0% White, 65.3% American Indian and Alaska Native, 0.7% | 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 Percentage | 10% | 10% |