Inventory Manager Salary (United States)

The average salary for an Inventory Manager is $50,336 per year. A skill in Data Analysis is associated with high pay for this job. Most people move on to other jobs if they have more than 20 years' experience in this career.
Inventory Manager Total Pay (?
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.
)
$31,586 - $77,932
(Median)
32K
50K
65K
78K
MEDIAN: $50,336
10%
50%
75%
90%
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Inventory Manager Total Pay (?
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.
)
$10.03 - $20.26
(Median)
10
14
17
20
MEDIAN: $13.00
10%
50%
75%
90%
Add this chart to your site

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
$31,586 - $77,932  
   
Bonus
$0.00 - $9,629  
Profit Sharing
$244.68 - $7,047  
Commission
$500 - $26,000  
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).
)
$26,553 - $78,706  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 1,122
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
$10.03 - $20.26  
   
Overtime
$14.29 - $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 - $9,629  
   
Commission
$500 - $26,000  
Profit Sharing
$244.68 - $7,047  
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).
)
$26,553 - $78,706  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 1,122
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Location:
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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.

Inventory 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

Hoffman Estates
up arrow 72%
Chicago
up arrow 69%
Columbus
up arrow 34%
up arrow 32%
Cleveland
up arrow 30%
Dallas
up arrow 30%
up arrow 29%
Minneapolis
up arrow 21%
Tulsa
up arrow 12%
Miami
up arrow 11%
Atlanta
up arrow 2%
Los Angeles
up arrow 2%
National Average
$44,000
Nashville
up arrow 4%
up arrow 13%
Portland
up arrow 16%
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

Experience Affects Inventory Manager Salaries

National Average
$44,000

Skills That Affect Inventory Manager Salaries

Data Analysis
up arrow 13%
Operations Management
up arrow 9%
Microsoft Excel
up arrow 3%
National Average
$44,000
Purchasing
up arrow 1%
Inventory Management
up arrow 2%

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 289 votes.

Gender

Female
37%
female alumni
 
Male
63%
male alumni

Years of Experience

Less than 1 year
4%
1-4 years
37%
5-9 years
29%
10-19 years
21%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 77% dental benefits Dental: 65%
vision benefits Vision: 48% employee benefits None: 20%
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