Inventory Control Manager Salary
Job Description for Inventory Control Manager
Inventory control managers oversee inventory levels to ensure that they are neither too high nor too low. They are also responsible for replenishing spent inventory, arranging for the return or disposal, and preventing shrinkage as necessary. Inventory control managers are often found in fields such as retail stores and distribution centers, food service, and manufacturing. Inventory control managers may also be employed by inventory management services, which are hired as contractors by businesses to conduct external audits on store or warehouse inventories; in this role, inventory control managers may coordinate inventory-taking teams.
Read More...Inventory Control 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.
Common Career Paths for Inventory Control Manager
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Inventory Control Managers' salaries may rise greatly for those who assume a higher-end position such as a Supply Chain Manager. The average Supply Chain Manager brings home $82K per year. Inventory Control Managers most often move into positions as Warehouse Managers or Inventory Managers. Warehouse Managers actually earn $7K less on average, however, and Inventory Managers earn $7K less per year than Inventory Control Managers do.
Inventory Control Manager Job Listings
Popular Skills for Inventory Control Manager
Overall, survey participants reported applying a fair number of skills to their work. Most notably, facility with Operations Management, Data Analysis, and Purchasing are correlated to pay that is significantly above average, leading to increases of 47 percent, 7 percent, and 4 percent, respectively. Skills that pay less than market rate include Order Inventory and Cycle Count. Those educated in Inventory Control tend to be well versed in Microsoft Excel.
Pay by Experience Level for Inventory Control Manager
Pay by Experience for an Inventory Control Manager has a positive trend. An entry-level Inventory Control Manager with less than 5 years of experience can expect to earn an average total compensation of $41,000 based on 290 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Inventory Control Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $54,000 based on 235 salaries. An experienced Inventory Control Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $57,000 based on 281 salaries. An Inventory Control Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $57,000 based on 123 salaries.
Pay Difference by Location
For Inventory Control Managers, working in the bustling city of Dallas has its advantages, including an above-average pay rate. Inventory Control Managers will also find cushy salaries in New York (+38 percent), Minneapolis (+26 percent), Kansas City (+20 percent), and Fort Worth (+18 percent). With compensation 16 percent below the national average, Houston is not known for hefty paychecks and actually represents the lowest-paying market. Employers also pay below the national average in Atlanta (15 percent lower) and St. Louis (13 percent lower).
Inventory Control Manager Reviews
Related Job Salaries
Key Stats for Inventory Control Manager
Gender
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Female
35 % |
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Male
65 % |
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Job Satisfaction
| Highly satisfied |
Rated 4 out of 5 based on 165 votes. |
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