Inventory Control Specialist Salary

An average Inventory Control Specialist in the United States can expect to take home roughly $15.39 per hour. In the world of Inventory Control Specialists, overall cash allowance can occasionally include more than $5K from bonuses and, in some exceptional cases, $2K from profit sharing, causing incomes to vary widely between $25K and $51K. Compensation for this group is mainly affected by geography, but the specific employer and years of experience are influential factors as well. For the most part, Inventory Control Specialists enjoy their work and report high levels of job satisfaction. A strong majority report receiving medical coverage from their employers and more than half collect dental insurance. Men make up a slight majority of Inventory Control Specialists (58 percent) who responded to the survey. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
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$30,790 - $60,864
$31K
$43K
$61K
MEDIAN: $42,919
10%
50%
90%

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$11.43 - $20.80
$11
$15
$21
MEDIAN: $15.39
10%
50%
90%

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$0$60K
Salary $30,790 - $60,864
Bonus $302.83 - $5,049
Profit Sharing $5.07 - $2,483
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).
)
$25,130 - $51,299
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 271
Hourly Data $0$31
Hourly Rate $11.43 - $20.80
Hourly Tips $0.22
Overtime $17.46 - $31.13
Annual Data $0$51K
Bonus $302.83 - $5,049
Commission $509
Profit Sharing $5.07 - $2,483
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).
)
$25,130 - $51,299
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 848

Find Out Exactly What You Should Be Paid

United States (change)

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

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

Common Career Paths for Inventory Control Specialist


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Inventory Control Specialists who go on to become Materials Managers may see their salaries climb quite a bit. Median pay for Materials Managers is $67K annually. An Inventory Specialist role is the most prevalent career advancement for Inventory Control Specialists. Paychecks for that role are $32K on average. The Inventory Control Manager position is another common transition for Inventory Control Specialists; in this role, salaries are typically at the $45K mark.

Inventory Control Specialist Job Listings

Popular Employer Salaries for Inventory Control Specialist


Although Apple Computer, Inc heads up the field in terms of compensation, offering the highest median salary at $34K, pay at this particular employer still varies considerably, running the full spectrum from $23K to $45K.

Wal-Mart Stores, Inc doles out the lowest salaries in town — median pay is $22K — not to mention workers can only make as much as $28K and scope of pay is rather limited.

Popular Skills for Inventory Control Specialist


Inventory Control Specialists report using a deep pool of skills on the job. Most notably, facility with Materials Requirement Planning, Purchasing, and Quality Assurance / Quality Control are correlated to pay that is significantly above average, leading to increases of 36 percent, 9 percent, and 7 percent, respectively. It is often found that people who know Cycle Count are also skilled in Inventory Management and Microsoft Excel.

Pay by Experience Level for Inventory Control Specialist

Pay by Experience for an Inventory Control Specialist has a positive trend. An entry-level Inventory Control Specialist with less than 5 years of experience can expect to earn an average total compensation of $33,000 based on 630 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Inventory Control Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $37,000 based on 336 salaries. An experienced Inventory Control Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $40,000 based on 258 salaries. An Inventory Control Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $42,000 based on 74 salaries.

Pay Difference by Location

National Average: $35,934

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

New York offers some of the highest pay in the country for Inventory Control Specialists, 21 percent above the national average. Inventory Control Specialists can also look forward to large paychecks in cities like Minneapolis (+19 percent), Seattle (+19 percent), San Diego (+8 percent), and Houston (+7 percent). Dallas is home to the smallest salaries in the field, lagging the national average by 16 percent. Workers in Cincinnati and Columbus earn salaries that trail the national average for those in this profession (13 percent less).

Inventory Control Specialist Reviews

Q: What is it like working as an Inventory Control Specialist?

Inventory Control Specialist in Othello:
"Work flexibility."
Pros: The flexibility that I have on my current position.
Cons: I dont see any bad things at this time.

Related Job Salaries

Key Stats for Inventory Control Specialist

Gender

Female
42 %
Male
58 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 211 votes.
Less than 1 year
3%
1-4 years
45%
5-9 years
23%
10-19 years
21%
20 years or more
8%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Inventory Control Specialist Salaries

▲18%

▲11%

▲3%

National Average
$36,000

▼9%

Skills That Affect Inventory Control Specialist Salaries

Materials Requirement Planning (MRP)
▲36%

▲9%

Quality Assurance / Quality Control
▲7%

Shipping
▲5%



▲2%



National Average
$36,000

Cycle Count
▼1%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 211 votes.

Gender

Female
42 %
Male
58 %

Years of Experience

Less than 1 year
3%
1-4 years
45%
5-9 years
23%
10-19 years
21%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 80%
dental benefits
Dental: 70%
vision benefits
Vision: 58%
no benefits
None: 18%
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