Inventory Control Specialist Salary

Average Inventory Control Specialists in the United States make around $14.62 per hour. Final cash compensation to Inventory Control Specialists varies from around $22K to approximately $52K; choice pay grades include potential for bonuses and profit sharing as high as $4K and $4K, respectively. The particular firm is the biggest factor affecting pay for this group, followed by the particular city and tenure. A fair number enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the larger part. The majority of Inventory Control Specialists (61 percent) who took the survey are men. Job satisfaction is reported as high by the vast majority of workers. The information for this snapshot was generated by responses to the PayScale salary survey.
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$29,156 - $59,715
(Median)
$29K
$41K
$60K
MEDIAN: $41,430
10%
50%
90%

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$9.91 - $20.26
(Median)
$9
$15
$20
MEDIAN: $14.00
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$20K$40K$60K
Salary
$29,156 - $59,715  
   
Bonus
$0.00 - $3,750  
Profit Sharing
$225.00 - $3,540  
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).
)
$22,008 - $52,165  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 339
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$11$22$33
Hourly Rate
$9.91 - $20.26  
   
Overtime
$14.42 - $30.74  
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$22K$44K$66K
Bonus
$0.00 - $3,750  
   
Profit Sharing
$225.00 - $3,540  
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).
)
$22,008 - $52,165  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 970
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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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At the upper end, Inventory Control Specialists who move into an Operations Manager role can end up with a hefty increase in pay. The average income for Operations Managers is a much higher $59K per year. 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


Employees of Apple Computer, Inc can expect to make the most, with the company offering a median salary of $34K; however, pay is widely dispersed from bottom to top, ranging from $23K to $45K.

Not only do salaries lack room to grow — pay ranges from $17K to just $26K — 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


Survey results suggest that Inventory Control Specialists use a fairly large toolkit of professional skills. Most notably, skills in Order Inventory, Inventory Management, Microsoft Excel, and Cycle Count are correlated to pay that is above average. For most people, competency in Cycle Count indicates knowledge of Inventory Management and Microsoft Excel.

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, more experience in the field does not usually mean bigger paychecks. Workers in their first five years can expect to earn $31K, but people who have been around for five to 10 years earn a noticeably bigger sum of $35K. Inventory Control Specialists claiming one to two decades of experience make an estimated median of $38K. 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


With a pay rate for Inventory Control Specialists that is 26 percent greater than the national average, Minneapolis offers a comfortable salary for those in this profession. Inventory Control Specialists will also find cushy salaries in Seattle (+22 percent), San Diego (+14 percent), Columbus (+10 percent), and Salt Lake City (+9 percent). Falling short of the national average by 9 percent, the area with the worst salaries is Nashville. Not at the bottom but still paying below the median are employers in Atlanta and Oklahoma City (9 percent lower and 5 percent lower, respectively).

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Experience Affects Inventory Control Specialist Salaries




National Average
$34,000


Skills That Affect Inventory Control Specialist Salaries

Order Inventory
up arrow 5%

Inventory Management
up arrow 1%

Microsoft Excel
up arrow 1%

Cycle Count
0%

National Average
$34,000

Inventory Control
up arrow 1%

Microsoft Office
up arrow 1%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 280 votes.

Gender

Female
39 %
Male
61 %

Years of Experience

Less than 1 year
3%
1-4 years
42%
5-9 years
25%
10-19 years
21%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 79% dental benefits Dental: 71%
vision benefits Vision: 58% employee benefits None: 17%
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