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Inventory Manager Salary

The average salary for an Inventory Manager is $50,543 per year. Most people move on to other jobs if they have more than 20 years' experience in this career. Experience has a moderate effect on income for this job.
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$31,977 - $80,383
(Median)
$32K
$51K
$80K
MEDIAN: $50,543
10%
50%
90%

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$10.09 - $20.24
(Median)
$10
$14
$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$27K$54K$81K
Salary
$31,977 - $80,383  
   
Bonus
$0.00 - $9,828  
Profit Sharing
$205.11 - $7,174  
Commission
$0.15 - $19,000  
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).
)
$26,910 - $79,948  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 949
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$14$28$42
Hourly Rate
$10.09 - $20.24  
   
Overtime
$14.63 - $30.94  
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$28K$56K$84K
Bonus
$0.00 - $9,828  
   
Commission
$0.15 - $19,000  
Profit Sharing
$205.11 - $7,174  
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).
)
$26,910 - $79,948  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 394

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Job Description for Inventory Manager

An inventory manager controls the inventory of materials or goods for a company. This includes keeping accurate account of all inventory on hand, as well as ordering additional inventory to meet the needs of the business. The inventory manager decides whether a product needs to have additional stock in the warehouse or if it can be ordered on an as-needed basis. The inventory manager is also responsible for hiring and managing inventory clerks to assist them.

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Inventory Manager Tasks

  • Maintain accurate inventory counts throughout.
  • Act as a liaison between departments and buyers and determine obsolete stock while optimizing inventory turnover.
  • Implement and execute an inventory replenishment system ensuring proper levels of stock.

Common Career Paths for Inventory Manager


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Inventory Control Manager Job Listings

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Popular Skills for Inventory Manager

Pay by Experience Level for Inventory Manager

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

Pay Difference by Location

Inventory Manager Reviews

What is it like working as an Inventory Manager?

Inventory Manager in Denver:
"Inventory Manager."
Pros: Learning new things.
Cons: No set system. Disorganized.

Related Job Salaries

United States (change)

Experience Affects Inventory Manager Salaries




National Average
$44,000


Skills That Affect Inventory Manager Salaries


Operations Management
up arrow 3%

People Management
up arrow 2%

Microsoft Excel
0%

National Average
$44,000

Inventory Management
up arrow 2%

Purchasing
up arrow 2%



Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 288 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

Less than 1 year
3%
1-4 years
37%
5-9 years
29%
10-19 years
22%
20 years or more
10%

Common Health Benefits

medical benefits Medical: 76% dental benefits Dental: 64%
vision benefits Vision: 48% employee benefits None: 21%