Inventory Control Specialist Salary

Pay for Inventory Control Specialists in the United States sits in the ballpark of $14.81 per hour. Total cash compensation for Inventory Control Specialists runs from $23K to $52K depending on bonuses that can occasionally exceed $4K and profit sharing that can reach almost $4K. The most influential factor affecting pay for this group is the company, though geography and years of experience have a (lesser) impact as well. The majority of Inventory Control Specialists claim high levels of job satisfaction. A strong majority enjoy medical while a fair number get dental coverage. Vision coverage is also available to the greater part. Most people who answered the questionnaire are men; 60 percent of Inventory Control Specialists are male. This overview is based on answers to PayScale's salary questionnaire.
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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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Inventory Control Specialists do not often transition into Operations Manager roles. The role averages $59K per year. An Inventory Specialist role is the most common promotion for Inventory Control Specialists moving up the ladder. Pay for this role tends to be $32K per year. Another typical, albeit less common, transition for Inventory Control Specialists is an Inventory Control Manager position, where earnings are usually $45K.

Inventory Control Specialist Job Listings

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Popular Employer Salaries for Inventory Control Specialist


For Inventory Control Specialists, comfortable salaries can be found at Apple Computer, Inc; in fact, average earnings are around $34K, the highest in the area, though the difference in the company's lowest and highest employee paychecks ($23K versus $45K) is great.

Inventory Control Specialists will find the worst pay at Wal-Mart Stores, Inc, where the median salary crawls in at $21K. Furthermore, compensation is curbed at $27K, leaving little room for growth.

Popular Skills for Inventory Control Specialist


Survey results imply that Inventory Control Specialists put a diverse skill set to use. 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 seem to negatively impact pay include Quality Assurance / Quality Control and Data Entry. The majority of those who know Cycle Count also know Inventory Management.

Pay by Experience Level for Inventory Control Specialist

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


For Inventory Control Specialists, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. The average beginner in this position makes around $32K, but folks who have been around for five to 10 years see a markedly higher median salary of $36K. Inventory Control Specialists bring in $38K after working for 10 to 20 years. Veterans who have acquired more than 20 years report a median income of $42K, which is generally higher than the pay reported by other tenure groups.

Pay Difference by Location

National Average: $34,769

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

For Inventory Control Specialists, working in the bustling city of Seattle has its advantages, including an above-average pay rate. 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). Oklahoma City ranks last in the field for pay, reporting salaries 8 percent below the national average. Employers pay around 6 percent less in Chicago and 4 percent less in Columbus, below-median salaries for those in this field.

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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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