Inventory Control Manager Salary

Inventory Control Managers in the United States pull down an average of $55K annually. Including potential for bonuses and profit sharing — peaking near $14K and $13K, respectively — total cash payment to Inventory Control Managers can bottom out near $30K or peak near $81K depending on individual performance. Geographic location is the biggest factor affecting pay for this group, followed by years of experience. Medical benefits are awarded to a strong majority, and more than half earn dental coverage. Most people who answered the questionnaire are men; 66 percent of Inventory Control Managers are male. For the most part, Inventory Control Managers enjoy their work and report high levels of job satisfaction. This overview is based on answers to PayScale's salary questionnaire.
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$36,076 - $82,230
$36K
$55K
$82K
MEDIAN: $55,093
10%
50%
90%

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$12.19 - $22.05
$12
$16
$22
MEDIAN: $16.04
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
$36,076 - $82,230  
   
Bonus
$996 - $14,096  
Profit Sharing
$394.53 - $12,868  
Commission
$4,000  
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).
)
$30,229 - $80,619  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 537
© PayScale, Inc. @ www.payscale.com
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
$12.19 - $22.05  
   
Overtime
$16.50 - $32.31  
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
$996 - $14,096  
   
Commission
$4,000  
Profit Sharing
$394.53 - $12,868  
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).
)
$30,229 - $80,619  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 211
© PayScale, Inc. @ www.payscale.com

Find Out Exactly What You Should Be Paid

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. Many Inventory Control Managers advance into roles as Warehouse Managers or Inventory Managers, but the median salaries are $7K lower and $7K lower, respectively.

Inventory Control Manager Job Listings

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Popular Skills for Inventory Control Manager


Survey results suggest that Inventory Control Managers use a fairly large toolkit 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 47 percent, 6 percent, and 4 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Order Inventory and Cycle Count. Most people familiar with 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.


Relatively untried employees who have less than five years' experience make $41K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $54K. Inventory Control Managers bring in $57K after working for 10 to 20 years. People who have worked for more than 20 years report a median income no higher than the median for folks with 10 to 20 years of experience.

Pay Difference by Location

National Average: $49,916

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

For those looking to make money, Inventory Control Managers in Dallas enjoy an exceptional pay rate, 40 percent above the national average. Inventory Control Managers can also look forward to large paychecks in cities like New York (+38 percent), Minneapolis (+26 percent), Kansas City (+20 percent), and Fort Worth (+18 percent). Houston ranks last in the field for pay, reporting salaries 16 percent below the national average. A couple other locations with smaller-than-average paychecks include Atlanta (15 percent lower) and St. Louis (13 percent lower).

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
34 %
Male
66 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 109 votes.
Less than 1 year
2%
1-4 years
29%
5-9 years
22%
10-19 years
31%
20 years or more
16%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Inventory Control Manager Salaries

▲14%

▲13%

▲8%

National Average
$50,000

▼18%

Skills That Affect Inventory Control Manager Salaries

Operations Management
▲47%


▲4%

People Management
▲2%

Microsoft Excel
▼0%

Microsoft Office
▼0%

National Average
$50,000



Cycle Count
▼5%

Order Inventory
▼10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 109 votes.

Gender

Female
34 %
Male
66 %

Years of Experience

Less than 1 year
2%
1-4 years
29%
5-9 years
22%
10-19 years
31%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 79%
dental benefits
Dental: 68%
vision benefits
Vision: 58%
dental benefits
None: 18%
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