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The differences between value stream managers and factory managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a value stream manager and a factory manager. Additionally, a value stream manager has an average salary of $107,526, which is higher than the $94,025 average annual salary of a factory manager.
The top three skills for a value stream manager include value stream, lean manufacturing and sigma. The most important skills for a factory manager are continuous improvement, lean manufacturing, and ISO.
| Value Stream Manager | Factory Manager | |
| Yearly salary | $107,526 | $94,025 |
| Hourly rate | $51.70 | $45.20 |
| Growth rate | 3% | 3% |
| Number of jobs | 9,958 | 9,900 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 66% |
| Average age | 48 | 48 |
| Years of experience | 2 | 2 |
Value stream managers and factory managers have different pay scales, as shown below.
| Value Stream Manager | Factory Manager | |
| Average salary | $107,526 | $94,025 |
| Salary range | Between $77,000 And $148,000 | Between $67,000 And $131,000 |
| Highest paying City | Ridgefield, CT | Stamford, CT |
| Highest paying state | Connecticut | Alaska |
| Best paying company | Boehringer Ingelheim | Amazon |
| Best paying industry | Manufacturing | Manufacturing |
There are a few differences between a value stream manager and a factory manager in terms of educational background:
| Value Stream Manager | Factory Manager | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between value stream managers' and factory managers' demographics:
| Value Stream Manager | Factory Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 88.1% Female, 11.9% | Male, 87.5% Female, 12.5% |
| Race ratio | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 13.1% Asian, 9.1% White, 69.5% American Indian and Alaska Native, 0.5% | Black or African American, 3.9% Unknown, 3.9% Hispanic or Latino, 13.2% Asian, 9.2% White, 69.3% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 8% |