Inventory Planner Salary (United States)

The average pay for an Inventory Planner is $51,408 per year. For the first five to ten years in this position, salary increases somewhat, but any additional experience does not have a big effect on pay. The highest paying skills associated with this job are Forecasting, SAP Materials Management (SAP MM), and Data Analysis. Most people move on to other jobs if they have more than 20 years' experience in this career.
Inventory Planner Salary (?
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.
)
$39,036 - $74,976
(Median)
39K
51K
63K
75K
MEDIAN: $51,408
10%
50%
75%
90%
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Inventory Planner Salary (?
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.
)
$13.33 - $25.53
(Median)
13
16
19
22
26
MEDIAN: $19.00
10%
25%
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
$39,036 - $74,976  
   
Bonus
$0.00 - $6,674  
Profit Sharing
$750 - $12,000  
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).
)
$37,585 - $76,935  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 387
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
$13.33 - $25.53  
   
Overtime
$17.69 - $34.98  
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
$0.00 - $6,674  
   
Profit Sharing
$750 - $12,000  
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).
)
$37,585 - $76,935  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 50
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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.

Common Career Paths for Inventory Planner

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Inventory Planner Job Listings

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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 43%
New York
up arrow 37%
Atlanta
up arrow 9%
National Average
$52,000
Seattle
up arrow 1%
Chicago
up arrow 2%
Portland
up arrow 11%
St. Louis
up arrow 13%
Virginia Beach
up arrow 15%
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 8%
National Average
$52,000

Skills That Affect Inventory Planner Salaries

Forecasting
up arrow 22%
National Average
$52,000

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 99 votes.

Gender

Female
52%
female alumni
 
Male
48%
male alumni

Years of Experience

Less than 1 year
4%
1-4 years
45%
5-9 years
26%
10-19 years
20%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 83%
vision benefits Vision: 63% employee benefits None: 9%
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