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
- Lead and supervise inventory team, resolving problems, conducting training and setting schedules.
- Track, audit, and ensure adequate supply of inventory throughout the organization.
- Monitor completeness, accuracy, and compliance during inventory transactions.
- Oversee purchase orders, data entry, and shipping and receiving.
Inventory Supervisor Job Listings
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Popular Employer Salaries for Inventory Supervisor
The smallest paychecks in the field are found at Wal-Mart Stores, Inc, where the median salary is a mere $22K, about half the top paying employer's rate.
Pay by Experience Level for Inventory Supervisor
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Experience does not seem to be a strong driver of pay increase in this role. Respondents with less than five years' experience take home $38K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $45K. The average pay reported by folks with 10 to 20 years of experience is around $45K. Ultimately, more time spent in the workforce does seem to translate to bigger paychecks; seasoned veterans with more than 20 years of experience report a median income of $47K.