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The differences between warehouse 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 warehouse manager and an inventory manager. Additionally, an inventory manager has an average salary of $62,768, which is higher than the $62,189 average annual salary of a warehouse manager.
The top three skills for a warehouse manager include customer service, safety regulations and safety procedures. The most important skills for an inventory manager are PET, direct reports, and customer service.
Warehouse Manager | Inventory Manager | |
Yearly Salary | $62,189 | $62,768 |
Hourly rate | $29.90 | $30.18 |
Growth Rate | - | -6% |
Number Of Jobs | 56,944 | 30,717 |
Job Satisfaction | - | - |
Most Common Degree | Bachelor's Degree, 37% | Bachelor's Degree, 54% |
Average Age | 45 | 47 |
Years Of Experience | 6 | 6 |
Warehouse managers oversee the overall operations of a company's warehouse. They manage the inventory by ensuring that the inventory records are updated and accurate. They tend to deliveries and check all items. They ensure that items in the warehouse are appropriately stored and secured. They also supervise the shipping of items from the warehouse and ensure that the correct products are delivered. Warehouse managers continuously find ways to improve the efficiency of warehouse operations. Warehouse managers manage warehouse personnel as well, ensuring that they are trained well and motivated to work.
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.
Warehouse managers and inventory managers have different pay scales, as shown below.
Warehouse Manager | Inventory Manager | |
Average Salary | $62,189 | $62,768 |
Salary Range | Between $37,000 And $103,000 | Between $43,000 And $91,000 |
Highest Paying City | Reno, NV | San Francisco, CA |
Highest Paying State | New Jersey | Washington |
Best Paying Company | PayPal | NVIDIA |
Best Paying Industry | Technology | Retail |
There are a few differences between a warehouse manager and an inventory manager in terms of educational background:
Warehouse Manager | Inventory Manager | |
Most Common Degree | Bachelor's Degree, 37% | Bachelor's Degree, 54% |
Most Common Major | Business | Business |
Most Common College | Stanford University | Stanford University |
Here are the differences between warehouse managers' and inventory managers' demographics:
Warehouse Manager | Inventory Manager | |
Average Age | 45 | 47 |
Gender Ratio | Male, 90.1% Female, 9.9% | Male, 69.4% Female, 30.6% |
Race Ratio | Black or African American, 11.3% Unknown, 4.3% Hispanic or Latino, 18.8% Asian, 6.2% White, 58.9% American Indian and Alaska Native, 0.4% | 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 | 5% | 10% |