$44,172
Avg. Salary
$15.59
Avg. Hourly Rate

Average additional compensation for this job:

Bonus

$1,507

Profit Sharing

$1,250

Commission

$1,000

The average pay for an Inventory Control Specialist is $15.59 per hour.

The average pay for an Inventory Control Specialist is $44,172 per year.

$11
10%
$16
50%
$21
90%
MEDIAN $16
$32k
10%
$44k
50%
$61k
90%
MEDIAN $44,172
$31,908 - $60,516
$32K
$44K
$61K
MEDIAN: $44,172
10%
50%
90%

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$11.27 - $21.49
$11
$16
$21
MEDIAN: $15.59
10%
50%
90%

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$0$60K
Salary $31,908 - $60,516
Bonus $305 - $5,088
Profit Sharing $204 - $2,469
Commission $1,000
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).
)
$24,793 - $51,860
  • Country: United States
  • Currency: USD
  • Updated: 13 Nov 2018
  • Individuals Reporting: 482
Hourly Data $0$32
Hourly Rate $11.27 - $21.49
Hourly Tips $0.22
Overtime $17.26 - $32.15
Annual Data $0$51K
Bonus $305 - $5,088
Commission $1,000
Profit Sharing $204 - $2,469
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).
)
$24,793 - $51,860
  • Country: United States
  • Currency: USD
  • Updated: 13 Nov 2018
  • Individuals Reporting: 1,606

Job Description for Inventory Control Specialist

Inventory control specialists are in charge of managing product or company resources. They enter data on parts held by the company and those shipped to other organizations into relevant databases . They must also recognize and resolve quantity discrepancies, make quantity reports, create request tickets as needed, and prepare extensive quantitative statements that help with inventory control duties. They participate in company meetings and provide recommendations on how to make inventory control responsibilities more efficient. The inventory control specialists may help with training new staff members as well.

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Inventory Control Specialist Tasks

  • Assess and monitor warehouse transactions.
  • Track inventory maintenance and control equipment flow.
  • Submit annual budget reports, ensure financial standards, and resolve issues.
  • Act as liaison between the warehouse and customer service.

Inventory Control Specialist Pay By Employer

$0$48K

$21,351

Best Buy
13 profiles
$25,598

Boot Barn Inc
8 profiles
$23,191

$45,725

Common Career Paths for Inventory Control Specialist


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Inventory Control Specialists who go on to become Materials Managers may see their salaries climb quite a bit. Median pay for Materials Managers is $67K annually. An Inventory Specialist role is the most prevalent career advancement for Inventory Control Specialists. Paychecks for that role are $32K on average. The Inventory Control Manager position is another common transition for Inventory Control Specialists; in this role, salaries are typically at the $45K mark.

Inventory Control Specialist Job Listings

Popular Skills for Inventory Control Specialist


Inventory Control Specialists report using a deep pool of skills on the job. Most notably, facility with Materials Requirement Planning, Purchasing, and Quality Assurance / Quality Control are correlated to pay that is significantly above average, leading to increases of 36 percent, 9 percent, and 7 percent, respectively. It is often found that people who know Cycle Count are also skilled in Inventory Management and Microsoft Excel.

Pay by Experience Level for Inventory Control Specialist

Pay by Experience for an Inventory Control Specialist has a positive trend. An entry-level Inventory Control Specialist with less than 5 years of experience can expect to earn an average total compensation of $33,000 based on 630 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Inventory Control Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $37,000 based on 336 salaries. An experienced Inventory Control Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $40,000 based on 258 salaries. An Inventory Control Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $42,000 based on 74 salaries.

Pay Difference by Location

National Average: $36,242

Larger city markers indicate a job is popular in that location.

New York offers some of the highest pay in the country for Inventory Control Specialists, 21 percent above the national average. Inventory Control Specialists can also look forward to large paychecks in cities like Minneapolis (+19 percent), Seattle (+19 percent), San Diego (+8 percent), and Houston (+7 percent). Dallas is home to the smallest salaries in the field, lagging the national average by 16 percent. Workers in Cincinnati and Columbus earn salaries that trail the national average for those in this profession (13 percent less).

Inventory Control Specialist Reviews

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

Inventory Control Specialist in Oklahoma City:
"Working in Oklahoma City is okay."
Pros: Less Traffic.
Cons: You have to work in oil and gas to make decent money.

Inventory Control Specialist in Parsons:
Must have good organization, along with good verbal and written skills. Must take charge of your inventory, otherwise it will get out of control in a hurry.

Inventory Control Specialist in Chattanooga:
"My Advice."
Be prepared for fast pace.

Inventory Control Specialist in Brown Deer:
"The challenges I would face."
Pay attention to detail no matter how insignificant it may seem.

Inventory Control Specialist in Othello:
"Work flexibility."
Pros: The flexibility that I have on my current position.
Cons: I dont see any bad things at this time.

Inventory Control Specialist in Ogden:
"Not Horrible."
Pros: Easy work, friendly Co workers, full benefits hour lunch.
Cons: Under appreciated under paid under staffed.

Related Job Salaries

Key Stats for Inventory Control Specialist

Gender

Female
42 %
Male
58 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 397 votes.
Less than 1 year
3%
1-4 years
44%
5-9 years
22%
10-19 years
22%
20 years or more
9%

Experience Affects Inventory Control Specialist Salaries

▲17%

▲10%

▲2%

National Average
$36,000

▼10%

Skills That Affect Inventory Control Specialist Salaries

Materials Requirement Planning (MRP)
▲35%

▲8%

Quality Assurance / Quality Control
▲6%

Shipping
▲4%



▲1%


National Average
$36,000


Cycle Count
▼2%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 397 votes.

Gender

Female
42 %
Male
58 %

Years of Experience

Less than 1 year
3%
1-4 years
44%
5-9 years
22%
10-19 years
22%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 80%
dental benefits
Dental: 72%
vision benefits
Vision: 62%
no benefits
None: 18%