Inventory Control Manager Salary

Inventory Control Managers in the United States can expect to earn an average of $53K per year. Total cash compensation to Inventory Control Managers bottoms out near $31K and approaches $78K on the high end; the biggest paychecks include approximately $10K from bonuses and almost $12K from profit sharing. Geographic location and career length each impact pay for this group, with the former having the largest influence. A fair number report receiving medical coverage from their employers and a majority collect dental insurance. There are more male Inventory Control Managers than female among those who completed the questionnaire, making up 65 percent. Job satisfaction is reported as high by the vast majority of workers. This overview is based on answers to PayScale's salary questionnaire.
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$36,281 - $77,672
(Median)
$36K
$53K
$78K
MEDIAN: $53,191
10%
50%
90%

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$11.60 - $20.27
(Median)
$12
$15
$20
MEDIAN: $15.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$26K$52K$78K
Salary
$36,281 - $77,672  
   
Bonus
$0.00 - $9,863  
Profit Sharing
$200.67 - $12,164  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,568 - $77,641  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 740
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$13$26$39
Hourly Rate
$11.60 - $20.27  
   
Overtime
$14.09 - $30.43  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$26K$52K$78K
Bonus
$0.00 - $9,863  
   
Profit Sharing
$200.67 - $12,164  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,568 - $77,641  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 257
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Job Description for Inventory Control Manager

Inventory control managers oversee inventory levels to ensure that they are neither too high nor too low. They are also responsible for replenishing spent inventory, arranging for the return or disposal, and preventing shrinkage as necessary. Inventory control managers are often found in fields such as retail stores and distribution centers, food service, and manufacturing. Inventory control managers may also be employed by inventory management services, which are hired as contractors by businesses to conduct external audits on store or warehouse inventories; in this role, inventory control managers may coordinate inventory-taking teams.

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Inventory Control Manager Tasks

  • Maintain accurate inventory counts throughout.
  • Act as a liaison between departments and buyers and determine obsolete stock while optimizing inventory turnover.
  • Implement and execute an inventory replenishment system ensuring proper levels of stock.

Common Career Paths for Inventory Control Manager


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It's not very common for Inventory Control Managers to move on to become Supply Chain Managers. Average pay for a Supply Chain Manager is $83K annually. Many Inventory Control Managers advance into roles as Warehouse Managers or Purchasing Managers, but the median salaries are $7K lower and $1K lower, respectively.

Inventory Control Manager Job Listings

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Popular Skills for Inventory Control Manager


Inventory Control Managers only report a few specific skills. Most notably, skills in Inventory Management, Microsoft Excel, Purchasing, and Inventory Control are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Microsoft Office. The majority of those who know Inventory Control also know Microsoft Excel.

Pay by Experience Level for Inventory Control Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For Inventory Control Managers, more experience in the field does not usually mean bigger paychecks. Workers in their first five years can expect to earn $42K, but people who have been around for five to 10 years earn a noticeably bigger sum of $50K. Inventory Control Managers with one to two decades of relevant experience report an average salary of approximately $53K. Ultimately, more time spent in the workforce does seem to translate to bigger paychecks; seasoned veterans with more than 20 years of experience report a median income of $57K.

Pay Difference by Location


For Inventory Control Managers, busy Seattle offers a higher-than-average pay rate, 45 percent above the national average. Inventory Control Managers will also find cushy salaries in Cincinnati (+42 percent), Los Angeles (+38 percent), Charlotte (+35 percent), and New York (+25 percent). With compensation 12 percent below the national average, St. Louis is not known for hefty paychecks and actually represents the lowest-paying market. Employers pay around 10 percent less in Houston and 5 percent less in Dallas, below-median salaries for those in this field.

Inventory Control Manager Reviews

What is it like working as an Inventory Control Manager?

Inventory Control Manager in Douglas:
"Inventory Control Manager."
Pros: Meeting new people and getting to know people.
Cons: Not enough time to do all my job duties for all four jobs I do under 40 hours.

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Experience Affects Inventory Control Manager Salaries




National Average
$49,000


Skills That Affect Inventory Control Manager Salaries

Inventory Management
up arrow 1%

Microsoft Excel
up arrow 1%

National Average
$49,000

Inventory Control
up arrow 1%

Purchasing
up arrow 1%

Microsoft Office
up arrow 3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 182 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

Less than 1 year
2%
1-4 years
26%
5-9 years
28%
10-19 years
29%
20 years or more
15%

Common Health Benefits

medical benefits Medical: 77% dental benefits Dental: 66%
vision benefits Vision: 51% employee benefits None: 19%
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