Inventory Control Manager Salary

Inventory Control Managers in the United States can expect wages of $55K annually on average. Cash earnings for Inventory Control Managers — including $14K in bonuses and $13K in profit sharing proceeds near the top of the pay scale — generally stretch from $30K to $80K depending on individual performance. Geographic location is the biggest factor affecting pay for this group, followed by experience level. A strong majority enjoy medical while a majority get dental coverage. Vision coverage is also available to the greater part. There are more male Inventory Control Managers than female among those who completed the questionnaire, making up 67 percent. Job satisfaction for Inventory Control Managers is high. This report is based on responses to the PayScale salary survey.
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$36,110 - $81,702
$36K
$55K
$82K
MEDIAN: $55,046
10%
50%
90%

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$12.29 - $21.96
$12
$16
$22
MEDIAN: $16.02
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Salary
$36,110 - $81,702  
   
Bonus
$994 - $13,745  
Profit Sharing
$261.74 - $12,723  
Commission
$7,000  
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).
)
$30,344 - $80,174  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 563
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$14$28$42
Hourly Rate
$12.29 - $21.96  
   
Overtime
$17.34 - $32.21  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Bonus
$994 - $13,745  
   
Commission
$7,000  
Profit Sharing
$261.74 - $12,723  
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).
)
$30,344 - $80,174  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 226

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United States (change)

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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

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

Common Career Paths for Inventory Control Manager


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Inventory Control Managers who go on to become Supply Chain Managers may see their salaries climb quite a bit. Median pay for Supply Chain Managers is $82K annually. Inventory Control Managers most often move into positions as Warehouse Managers or Inventory Managers. Warehouse Managers actually earn $7K less on average, however, and Inventory Managers earn $6K less per year than Inventory Control Managers do.

Inventory Control Manager Job Listings

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Popular Skills for Inventory Control Manager


Inventory Control Managers report using a wide range of professional skills. Most notably, facility with Operations Management, Data Analysis, and Purchasing are correlated to pay that is significantly above average, leading to increases of 48 percent, 7 percent, and 4 percent, respectively. Skills that pay less than market rate include Order Inventory and Cycle Count. For most people, competency in Inventory Control indicates knowledge of Microsoft Excel.

Pay by Experience Level for Inventory Control Manager

Pay by Experience for an Inventory Control Manager has a positive trend. An entry-level Inventory Control Manager with less than 5 years of experience can expect to earn an average total compensation of $41,000 based on 290 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Inventory Control Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $54,000 based on 235 salaries. An experienced Inventory Control Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $57,000 based on 281 salaries. An Inventory Control Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $57,000 based on 123 salaries.

Pay Difference by Location

National Average: $49,718

Larger city markers indicate a job is popular in that location.

For Inventory Control Managers, busy Dallas offers a higher-than-average pay rate, 41 percent above the national average. Inventory Control Managers can also look forward to large paychecks in cities like New York (+39 percent), Minneapolis (+27 percent), Kansas City (+21 percent), and Fort Worth (+18 percent). In Houston, salaries are 15 percent below the national average and represent the lowest-paying market. Employers in Atlanta and St. Louis also lean toward paying below-median salaries (15 percent lower and 13 percent lower, respectively).

Inventory Control Manager Reviews

Q: 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.

Related Job Salaries

Key Stats for Inventory Control Manager

Gender

Female
33 %
Male
67 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 123 votes.
Less than 1 year
2%
1-4 years
30%
5-9 years
20%
10-19 years
31%
20 years or more
17%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Inventory Control Manager Salaries

▲14%

▲14%

▲9%

National Average
$50,000

▼18%

Skills That Affect Inventory Control Manager Salaries

Operations Management
▲48%


▲4%

People Management
▲2%

Microsoft Excel
▼0%

Microsoft Office
▼0%

National Average
$50,000



Cycle Count
▼4%

Order Inventory
▼10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 123 votes.

Gender

Female
33 %
Male
67 %

Years of Experience

Less than 1 year
2%
1-4 years
30%
5-9 years
20%
10-19 years
31%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 79%
dental benefits
Dental: 68%
vision benefits
Vision: 58%
no benefits
None: 18%
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