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The differences between supply chain management interns and inventory management specialists 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 management internship and an inventory management specialist. Additionally, an inventory management specialist has an average salary of $56,032, which is higher than the $38,089 average annual salary of a supply chain management internship.
The top three skills for a supply chain management internship include supply chain, chain intern and logistics. The most important skills for an inventory management specialist are customer service, inventory management system, and purchase orders.
| Supply Chain Management Internship | Inventory Management Specialist | |
| Yearly salary | $38,089 | $56,032 |
| Hourly rate | $18.31 | $26.94 |
| Growth rate | 28% | 1% |
| Number of jobs | 127,737 | 108,982 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 38% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
Supply chain management (SCM) interns are responsible for performing various tasks related to SCM. The typical duties they perform include conducting quality audits, assisting with developing process controls, creating training documents, and providing assistance in the development and implementation of a material requirement planning system. As an SCM intern, you are expected to work closely with the supply chain manager to ensure the smooth and efficient day-to-day operations of the supply chain. You are also expected to assist in analyzing data related to business operations.
An inventory management specialist is responsible for maintaining the adequacy of stock supplies to support customers' needs. Inventory management specialists help develop inventory processes and strategies to keep the supplies organized and free of any defects while on storage. They also monitor inventory costs and process orders through various software tools, requiring them to have a working knowledge of computer systems and the ability to operate warehouse equipment and machinery on moving merchandise around the warehouse.
Supply chain management interns and inventory management specialists have different pay scales, as shown below.
| Supply Chain Management Internship | Inventory Management Specialist | |
| Average salary | $38,089 | $56,032 |
| Salary range | Between $29,000 And $49,000 | Between $38,000 And $81,000 |
| Highest paying City | Santa Clarita, CA | Tracy, CA |
| Highest paying state | California | Maryland |
| Best paying company | BASF | NVIDIA |
| Best paying industry | Finance | Government |
There are a few differences between a supply chain management internship and an inventory management specialist in terms of educational background:
| Supply Chain Management Internship | Inventory Management Specialist | |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 38% |
| Most common major | Supply Chain Management | Business |
| Most common college | Northwestern University | Stanford University |
Here are the differences between supply chain management interns' and inventory management specialists' demographics:
| Supply Chain Management Internship | Inventory Management Specialist | |
| Average age | 47 | 47 |
| Gender ratio | Male, 67.6% Female, 32.4% | Male, 66.2% Female, 33.8% |
| Race ratio | Black or African American, 7.6% Unknown, 4.7% Hispanic or Latino, 12.7% Asian, 8.9% White, 65.5% American Indian and Alaska Native, 0.7% | Black or African American, 7.7% Unknown, 4.7% Hispanic or Latino, 12.9% Asian, 8.9% White, 65.1% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 10% | 10% |