Inventory Control Specialist Salary

Pay for Inventory Control Specialists in the United States sits in the ballpark of $14.81 per hour. Total cash earnings of Inventory Control Specialists range from $23K on the low end to $52K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $4K and $4K, respectively. Compensation for this group is mainly affected by the particular firm, but geography and years of experience are influential factors as well. Job satisfaction for Inventory Control Specialists is high. The majority of Inventory Control Specialists (60 percent) survey respondents are male. Medical benefits are awarded to a strong majority, and a fair number earn dental coverage. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$30,639 - $59,990
(Median)
$31K
$42K
$60K
MEDIAN: $42,450
10%
50%
90%

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$10.11 - $20.42
(Median)
$10
$15
$20
MEDIAN: $14.00
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$20K$40K$60K
Salary
$30,639 - $59,990  
   
Bonus
$0.00 - $4,009  
Profit Sharing
$201.34 - $3,523  
Commission
$509  
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).
)
$22,657 - $52,309  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 384
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$11$22$33
Hourly Rate
$10.11 - $20.42  
   
Hourly Tips
$0.11  
Overtime
$14.83 - $31.12  
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$22K$44K$66K
Bonus
$0.00 - $4,009  
   
Commission
$509  
Profit Sharing
$201.34 - $3,523  
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).
)
$22,657 - $52,309  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 1,096
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Job Description for Inventory Control Specialist

Inventory control specialists are in charge of managing product or company resources. They enter data on parts held by the company and those shipped to other organizations into relevant databases . They must also recognize and resolve quantity discrepancies, make quantity reports, create request tickets as needed, and prepare extensive quantitative statements that help with inventory control duties. They participate in company meetings and provide recommendations on how to make inventory control responsibilities more efficient. The inventory control specialists may help with training new staff members as well.

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Inventory Control Specialist Tasks

  • Submit annual budget reports, ensure financial standards, and resolve issues.
  • Act as liaison between the warehouse and customer service.
  • Assess and monitor warehouse transactions.
  • Track inventory maintenance and control equipment flow.

Common Career Paths for Inventory Control Specialist


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Though some Inventory Control Specialists move into positions like Operations Manager (where the average salary is $59K), this progression is not the norm. Going from Inventory Control Specialist to Inventory Specialist is the transition that occurs most often in this field, and the average paycheck for Inventory Specialists is $32K. Many others choose to work as Inventory Control Managers, where pay is typically $45K.

Inventory Control Specialist Job Listings

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Popular Employer Salaries for Inventory Control Specialist


Apple Computer, Inc offers the largest salaries in town ($34K on average), but the considerable range in workers' salaries creates a rather varied pay scale that stretches from $23K to $45K.

Not only do salaries lack room to grow — pay ranges from $17K to just $27K — but Wal-Mart Stores, Inc offers the lowest pay in town to boot, with a median paycheck of $21K.

Popular Skills for Inventory Control Specialist


Inventory Control Specialists report using a wide range of professional skills. Most notably, facility with Materials Requirement Planning, Purchasing, and Order Inventory are correlated to pay that is significantly above average, leading to increases of 41 percent, 15 percent, and 12 percent, respectively. Skills that pay less than market rate include Quality Assurance / Quality Control and Data Entry. Most people skilled in Cycle Count are similarly competent in Inventory Management.

Pay by Experience Level for Inventory Control Specialist

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


Experience does not seem to be a strong driver of pay increase in this role. Those in the early stages of their career can expect to make around $32K; however, individuals with five to 10 years of experience bring in $36K on average — a distinctly larger sum. On average, Inventory Control Specialists make $38K following one to two decades on the job. 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 $42K.

Pay Difference by Location

National Average: $34,769

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

With a pay rate for Inventory Control Specialists that is 24 percent greater than the national average, Seattle offers a comfortable salary for those in this profession. Inventory Control Specialists can also look forward to large paychecks in cities like Minneapolis (+23 percent), Tulsa (+9 percent), St. Louis (+7 percent), and Cincinnati (+6 percent). The lowest-paying market is Oklahoma City, which sits 8 percent below the national average. Not at the bottom but still paying below the median are employers in Chicago and Columbus (6 percent lower and 4 percent lower, respectively).

Related Job Salaries

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Experience Affects Inventory Control Specialist Salaries




National Average
$35,000


Skills That Affect Inventory Control Specialist Salaries

Materials Requirement Planning (MRP)
up arrow 41%

Purchasing
up arrow 15%

Order Inventory
up arrow 12%

Microsoft Excel
up arrow 2%

Inventory Management
up arrow 1%

Cycle Count
0%

Microsoft Office
0%

National Average
$35,000

Inventory Control
up arrow 1%

Data Entry
up arrow 12%

Quality Assurance / Quality Control
up arrow 15%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 284 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
3%
1-4 years
43%
5-9 years
24%
10-19 years
21%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 80%
dental benefits
Dental: 70%
medical benefits
Vision: 59%
dental benefits
None: 17%
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