The average pay for an Inventory Planner is $50,849 per year. Pay for this job rises steadily for more experienced workers, but goes down noticeably for employees with more than 20 years' experience. The highest paying skills associated with this job are Forecasting and Data Analysis. People in this job generally don't have more than 20 years' experience.
Inventory Planner 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.
)
$38,612 - $74,486
(Median)
39K
51K
63K
74K
MEDIAN: $50,849
10%
50%
75%
90%
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Inventory Planner 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.
)
$13.04 - $24.69
(Median)
13
18
21
25
MEDIAN: $18.00
10%
50%
75%
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$26K$52K$78K
Salary
$38,612 - $74,486  
   
Bonus
$8.79 - $7,891  
Profit Sharing
$484.79 - $11,836  
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).
)
$36,277 - $77,116  
PayScale
Country: United States | Currency: USD | Updated: 18 Apr 2014 | Individuals Reporting: 485
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$13$26$39
Hourly Rate
$13.04 - $24.69  
   
Overtime
$18.18 - $34.18  
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$26K$52K$78K
Bonus
$8.79 - $7,891  
   
Profit Sharing
$484.79 - $11,836  
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).
)
$36,277 - $77,116  
PayScale
Country: United States | Currency: USD | Updated: 18 Apr 2014 | Individuals Reporting: 485
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Inventory Planner Job Listings

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Job Description for Inventory Planner
Inventory planners are responsible for creating effective inventory plans for their organization. They produce documents that details quantity specifications about company product or equipment. In addition, they create accurate reports about supply count and materials. They also maintain updated files about inventory that is used or moved to avoid possible discrepancies, as well as receive returned equipment and keep records about shipments. Inventory planners also record inventory activity into company databases, complete daily transactions and link them to the appropriate departments, and assist supervisors with inventory replenishing tasks. They must actively participate in company meetings, suggesting better methods to handle current inventory and improve the use of company resources.
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Inventory Planner Tasks
  • Track shipments to ensure they are complete, correct, and on time.
  • Predict future inventory needs, producing plans for buying based on forecasts and sales data.
  • Manage and maintain current inventory.
  • Identify and resolve discrepancies in inventory.
Popular Skills for Inventory Planner
Pay by Experience Level for Inventory Planner
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
San Francisco
up arrow 38%
New York
up arrow 35%
Houston
up arrow 13%
Atlanta
up arrow 10%
National Average
$51,000
Chicago
up arrow 1%
St. Louis
up arrow 14%
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Inventory Planner Salaries

Late-Career
up arrow 7%
National Average
$51,000

Skills That Affect Inventory Planner Salaries

Forecasting
up arrow 22%
SAP Materials Management (SAP MM)
up arrow 6%
Microsoft Excel
up arrow 3%
National Average
$51,000
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 95 votes.
Gender
Female
53%
female alumni
 
Male
47%
male alumni
Years of Experience
Less than 1 year
5%
1-4 years
45%
5-9 years
28%
10-19 years
18%
20 years or more
4%
Common Health Benefits
medical benefits Medical: 91% dental benefits Dental: 84%
vision benefits Vision: 64% employee benefits None: 8%
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