Inventory Controller Salary
Job Description for Inventory Controller
An inventory controller handles inventory-related tasks in a warehouse setting for their organization. Their primary duties include maintaining levels of inventory, reporting monthly inventory levels, labeling and recording inventory for future use, and maintaining accurate records. The inventory controller is in constant communication with departmental managers to ensure inventory is replenished and proper levels are maintained. Other responsibilities include assisting in the shipping and receiving of new shipments, logging all inventory purchases, conducting physical counts to make sure no theft is occurring, and assisting with loss prevention. Inventory controllers typically work in a warehouse setting, and there may be wide variations in temperature and the presence of chemicals depending on the environment. Some physical tasks such as lifting and moving materials may be occasionally needed as well.Read More...
To be considered an inventory controller, one must have a high school diploma or equivalent; in most cases, a postsecondary degree is required. Math skills are essential, as the inventory controller works with inventory levels. One to two years of warehouse experience is usually required by employers. Additionally, an inventory controller must be able to work well independently with minimal supervision, but they should also be able to work well in a team setting with other warehouse staff.
Inventory Controller 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.
Inventory Control Specialist Job Listings
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Popular Skills for Inventory Controller
Overall, survey participants reported applying a fair number of skills to their work. Most notably, facility with SAP Enterprise Resource Planning and Purchasing are correlated to pay that is significantly above average, leading to increases of 21 percent and 10 percent, respectively. Skills that seem to negatively impact pay include Customer Service and Data Entry. Those educated in Microsoft Excel tend to be well versed in SAP Enterprise Resource Planning (ERP).
Pay by Experience Level for Inventory Controller
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Inventory Controllers with a rich background of experience are typically rewarded with larger paychecks. Average salaries for inexperienced employees average out to around $32K, but folks who have five to 10 years of experience earn a higher median of $39K. Inventory Controllers who work for 10 to 20 years in their occupation tend to earn about $41K. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $53K on average.
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Key Stats for Inventory Controller
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