The average salary for an Inventory Manager in Australia is AU$62,627.
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AU$48k - AU$92k
AU$507 - AU$12k
AU$46k - AU$93k
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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. The position of inventory manager c…Read more
Inventory Manager Tasks
- Implement and execute an inventory replenishment system ensuring proper levels of stock.
- Act as a liaison between departments and buyers and determine obsolete stock while optimizing inventory turnover.
- Maintain accurate inventory counts throughout.
Explore the most common career paths for Inventory Manager. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Inventory Manager Job Listings
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Popular Skills for Inventory Manager
Skills in Inventory Management, People Management and Data Analysis are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Excel and Inventory Control.
Pay by Experience Level for Inventory Manager
An entry-level Inventory Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of AU$52,925 based on 7 salaries. An early career Inventory Manager with 1-4 years of experience earns an average total compensation of AU$58,130 based on 80 salaries. A mid-career Inventory Manager with 5-9 years of experience earns an average total compensation of AU$69,161 based on 43 salaries. An experienced Inventory Manager with 10-19 years of experience earns an average total compensation of AU$75,837 based on 57 salaries. In their late career (20 years and higher), employees earn an average total compensation of AU$80,000.
Pay Difference by Location
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Employees with Inventory Manager in their job title in Brisbane, Queensland earn an average of 15.0% more than the national average. These job titles also find higher than average salaries in Gold Coast, Queensland (14.8% more) and Adelaide, South Australia (14.3% more). The lowest salaries can be found in Canberra, Australian Capital Territory (ACT) (7.5% less) and Melbourne, Victoria (2.9% less).
Years of Experience
This data is based on 204 survey responses.