Inventory Control Manager Salary

For Inventory Control Managers, annual average wages total $56K per year. In the world of Inventory Control Managers, overall income ranges from $30K near the bottom to $81K at the top; this can include more than $14K from bonuses and more than $13K from profit sharing in exceptional cases. Geographic location and career duration each impact pay for this group, with the former having the largest influence. A fair number enjoy medical while more than half get dental coverage. Vision coverage is also available to the larger part. Most workers in this position report high levels of job satisfaction. Male Inventory Control Managers who responded to the survey are more common than women; more than half (65 percent) are men. The data in this summary comes from the PayScale salary survey.
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$36,021 - $84,864
$36K
$56K
$85K
MEDIAN: $56,467
10%
50%
90%

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$12.24 - $21.73
$12
$16
$22
MEDIAN: $15.97
10%
50%
90%

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$0$84K
Salary $36,021 - $84,864
Bonus $993 - $13,795
Profit Sharing $263.56 - $12,942
Commission $4,000
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).
)
$30,303 - $81,789
  • Country: United States
  • Currency: USD
  • Updated: 13 Oct 2017
  • Individuals Reporting: 585
Hourly Data $0$32
Hourly Rate $12.24 - $21.73
Overtime $17.36 - $32.51
Annual Data $0$81K
Bonus $993 - $13,795
Commission $4,000
Profit Sharing $263.56 - $12,942
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).
)
$30,303 - $81,789
  • Country: United States
  • Currency: USD
  • Updated: 13 Oct 2017
  • Individuals Reporting: 235

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.

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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

National Average: $50,168

Larger city markers indicate a job is popular in that 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

Q: What is it like working as an Inventory Control Manager?

Inventory Control Manager in Greensboro:
"My job is fast-paced, stressful, labor intensive, and challe."
Pros: I love the energy and the fact that I will always have something to do.
Cons: I dislike the manual labor.

Inventory Control Manager in Douglas:
"Inventory Control Manager."
Pros: Meeting new people and getting to know people.
Cons: Not enough time to do all my job duties for all four jobs I do under 40 hours.

Inventory Control Manager in Knoxville:
"Corporate culture."
Pros: Opportunity to grow with the company.
Cons:

Related Job Salaries

Key Stats for Inventory Control Manager

Gender

Female
35 %
Male
65 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 165 votes.
Less than 1 year
2%
1-4 years
31%
5-9 years
21%
10-19 years
31%
20 years or more
15%

Experience Affects Inventory Control Manager Salaries

▲13%

▲13%

▲8%

National Average
$50,000

▼19%

Skills That Affect Inventory Control Manager Salaries

Operations Management
▲46%


▲3%

People Management
▲1%

National Average
$50,000

Microsoft Excel
▼1%

Microsoft Office
▼1%



Cycle Count
▼5%

Order Inventory
▼10%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 165 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

Less than 1 year
2%
1-4 years
31%
5-9 years
21%
10-19 years
31%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 79%
dental benefits
Dental: 69%
vision benefits
Vision: 58%
no benefits
None: 18%