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The differences between supply chain vice presidents 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 vice president and an inventory manager. Additionally, a supply chain vice president has an average salary of $138,019, which is higher than the $62,768 average annual salary of an inventory manager.
The top three skills for a supply chain vice president include supply chain, chain operations and chain management. The most important skills for an inventory manager are PET, direct reports, and customer service.
| Supply Chain Vice President | Inventory Manager | |
| Yearly salary | $138,019 | $62,768 |
| Hourly rate | $66.36 | $30.18 |
| Growth rate | - | -6% |
| Number of jobs | 58,159 | 30,717 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 54% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
The supply chain vice president is responsible for directing and planning all aspects of an organization's supply chain initiatives, policies, and objectives. You will oversee the inventory, distribution, and transportation activities of an organization. In addition, you will be responsible for directing and overseeing the supply chain management team in order to optimize several manufacturing locations and distribution centers. Other duties include overseeing the development of the supply chain budget, reviewing the operating performance with quality, cost, and service metrics, and collaborating with quality, customer service, and sales departments to maintain the consistency of supply and demand objectives.
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 vice presidents and inventory managers have different pay scales, as shown below.
| Supply Chain Vice President | Inventory Manager | |
| Average salary | $138,019 | $62,768 |
| Salary range | Between $93,000 And $202,000 | Between $43,000 And $91,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Washington | Washington |
| Best paying company | Karma Automotive | NVIDIA |
| Best paying industry | Hospitality | Retail |
There are a few differences between a supply chain vice president and an inventory manager in terms of educational background:
| Supply Chain Vice President | Inventory Manager | |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 54% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between supply chain vice presidents' and inventory managers' demographics:
| Supply Chain Vice President | Inventory Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 90.0% Female, 10.0% | 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, 65.2% 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% |