Inventory Supervisor Salary
Job Description for Inventory Supervisor
An inventory supervisor focuses mainly on inventory accuracy. This means when all is said and done, the inventory supervisor is the person to check with if there is some kind of inventory question or concern. Some of the main tasks that an inventory supervisor is in charge of are establishing check-in procedures, creating a stock-picking procedure, creating a shipping procedure, and maintaining minimum inventory. A check-in procedure for an inventory supervisor should include a system in which goods are received and accounted for in an efficient manner. A stock picking procedure should include a process of how employees should take stock from a warehouse or wherever stock is kept, how to report what is being taken, how much is being taken, and where it is going to.Read More...
If the inventory supervisor has to ship something out, there has to be some kind of system in which products get shipped, and some kind of confirmation should be set up with the other party to ensure they have received their goods. Maintaining minimal inventory is a very important role for the inventory supervisor because this allows the least amount of money to be used by the company on excess stock and prevents overstocking.
The inventory supervisor usually works indoors within a warehouse. A bachelor's degree is usually required for an inventory supervisor position. An inventory supervisor can work any shift, whether it is an overnights, days, or evenings. An inventory supervisor could be at the place of work at any time. One of the most important skills an inventory supervisor should have are computer skills. The supervisor will have to work with spreadsheets and must be knowledgeable with programs such as Microsoft Excel and various email programs.
Inventory Supervisor Tasks
- Monitor completeness, accuracy, and compliance during inventory transactions.
- Oversee purchase orders, data entry, and shipping and receiving.
- Lead and supervise inventory team, resolving problems, conducting training and setting schedules.
- Track, audit, and ensure adequate supply of inventory throughout the organization.
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Popular Employer Salaries for Inventory Supervisor
Wal-Mart Stores, Inc employees cannot expect much in terms of compensation — the median salary amounts to only $22K, 73 percent less than the top paying company.
Pay by Experience Level for Inventory Supervisor
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For Inventory Supervisors, more experience in the field does not usually mean bigger paychecks. Survey participants with less than five years' experience pocket $37K on average, but those with five to 10 years of experience enjoy a much bigger median of $45K. Inventory Supervisors who work for 10 to 20 years in their occupation tend to earn about $46K. As Inventory Supervisors reach more than two decades on the job, compensation remains commensurate with experience; the average pay in this group is $47K.
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