Inventory Clerk Salary
Job Description for Inventory Clerk
An inventory clerk can have a variety of responsibilities based on the hiring company and their specific job description. In general, however, an inventory clerk works with stored goods in a warehouse environment, facilitating the movement of goods going out to customers and coming in for use. They also help track and keep accurate counts of items on hand and utilize these numbers to help create par lists to be used in the supply chain.Read More...
Inventory clerks catalog and keep track of all goods and/or supplies on hand. For goods on hand to be sold or shipped, the inventory clerk helps production supervisors understand and forecast future needs and par levels. The inventory clerk may help ensure accuracy in order fulfillment as well. For goods or supplies to be used, the inventory clerk's accurate counts are used to establish how often new inventory is ordered and in what quantities.
For companies utilizing inventory clerks strictly for counting and accuracy purposes, the education requirements tend to include a high school diploma or equivalent, with some warehouse experience preferred. For clerks tasked with electronic reconciliation and forecasting goods and supplies, however, a company may prefer individuals with practical experience and at least an associate's degree in business or a similar field. Inventory clerks typically work during regular business hours. However, some warehouse operations require 24-hour shift work; in these cases, a clerk may need to work evening and overnight shifts.
Inventory Clerk Tasks
- Coordinate with shipping to ensure all receiving shipments are moving in and out of warehouse as scheduled.
- Load and unload trucks.
- Generate reports on inventory balance and shortages.
- Count merchandise in stock and post totals to inventory records.
Common Career Paths for Inventory Clerk
Inventory Clerks who transition into an Inventory Control Manager role may receive large pay increases as the latter position pays an average $45K per year. It is not uncommon for an Inventory Clerk to continue on to become an Inventory Control Clerk or an Inventory Control Supervisor.
Inventory Clerk Job Listings
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Popular Skills for Inventory Clerk
Survey results imply that Inventory Clerks put a diverse skill set to use. Most notably, skills in Windows Operating System General Use, Microsoft Office, Data Entry, and Microsoft Excel are correlated to pay that is above average. The majority of those who know Microsoft Excel also know Windows Operating System General Use.
Pay by Experience Level for Inventory Clerk
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For many Inventory Clerks, extensive experience does not lead to significantly more money. During their first five years in the workforce, individuals in this position earn $28K on average. Survey participants with five to 10 years under their belts see an only a slightly bigger average of $30K. Inventory Clerks with one to two decades of relevant experience report an average salary of approximately $33K. In the end, the overall pattern seems to be that more experience generally corresponds to higher pay; an Inventory Clerk with more than 20 years of experience can earn $36K on average.
Pay Difference by Location
With a pay rate for Inventory Clerks that is 10 percent greater than the national average, Los Angeles offers a comfortable salary for those in this profession. Inventory Clerks will also find cushy salaries in New York (+9 percent) and Dallas (+8 percent). In Buffalo, salaries are 16 percent below the national average and represent the lowest-paying market. Not at the bottom but still paying below the median are employers in San Diego and Atlanta (9 percent lower and 8 percent lower, respectively).