Inventory Control Specialist Salary

The average Inventory Control Specialist in the United States can expect to rake in roughly $14.60 per hour. Cash earnings for Inventory Control Specialists — which occasionally include more than $4K from bonuses and more than $4K from profit sharing — stretch from around $22K to approximately $52K. The company is the biggest factor affecting pay for this group, followed by geography and experience level. A strong majority enjoy medical while a fair number get dental coverage. Vision coverage is also available to the larger part. Male Inventory Control Specialists who responded to the survey are more common than women; more than half (62 percent) are men. Job satisfaction is reported as high by the vast majority of workers. This report is based on responses to the PayScale salary survey.
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$29,062 - $59,868

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$9.95 - $20.22

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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
$29,062 - $59,868  
   
Bonus
$0.00 - $3,750  
Profit Sharing
$206.08 - $3,548  
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).
)
$22,143 - $52,117  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 343
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
$9.95 - $20.22  
   
Overtime
$14.50 - $30.46  
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 - $3,750  
   
Profit Sharing
$206.08 - $3,548  
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).
)
$22,143 - $52,117  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 978
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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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For Inventory Control Specialists, progressing to an Operations Manager role may result in a significant raise. On average, an Operations Manager can earn $59K annually. The most common career progression for Inventory Control Specialists leads to becoming an Inventory Specialist, where pay is typically $32K. However, many Inventory Control Specialists also opt to become Inventory Control Managers, a position that pays $45K on average.

Inventory Control Specialist Job Listings

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Popular Employer Salaries for Inventory Control Specialist


Although Apple Computer, Inc leads the field in pay with a median salary of $34K, employees there receive a wide spread of salaries, from $23K on the low end all the way up to $45K at the top.

With a median employee salary of $21K, Wal-Mart Stores, Inc pays significantly less than its competitors (67 percent less than the top paying company).

Popular Skills for Inventory Control Specialist


Overall, survey participants reported applying a fair number of skills to their work. Most notably, skills in Order Inventory, Inventory Management, Microsoft Excel, and Cycle Count are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Quality Assurance / Quality Control. 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 many Inventory Control Specialists, extensive experience does not lead to significantly more money. 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 who work for 10 to 20 years in their occupation tend to earn about $38K. Old hands boasting more than twenty years of relevant experience report pay that is more or less commensurate with that extensive experience; average earnings for this group come out to approximately $42K.

Pay Difference by Location


Inventory Control Specialists will find that Minneapolis offers an impressive pay rate, one which exceeds the national average by 26 percent. Inventory Control Specialists can also look forward to large paychecks in cities like Seattle (+23 percent), San Diego (+14 percent), Salt Lake City (+9 percent), and Houston (+8 percent). The smallest paychecks in the market, 10 percent south of the national average, can be found in Atlanta. Employers also pay below the national average in Nashville (9 percent lower) and Oklahoma City (5 percent lower).

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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%

Quality Assurance / Quality Control
up arrow 14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 276 votes.

Gender

Female
38 %
Male
62 %

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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