Inventory Controller Salary
|Salary||$33,877 - $73,611|
|Bonus||$296.96 - $4,932|
|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).)
|$24,914 - $58,869|
|Hourly Rate||$11.27 - $21.47|
|Overtime||$16.63 - $33.43|
|Bonus||$296.96 - $4,932|
|Total Pay (||$24,914 - $58,869|
Job Description for Inventory Controller
An inventory controller handles inventory-related tasks in a warehouse setting for their organization. Their primary duties include maintaining levels of inventory, reporting monthly inventory levels, labeling and recording inventory for future use, and maintaining accurate records. The inventory controller is in constant communication with departmental managers to ensure inventory is replenished and proper levels are maintained. Other responsibilities include assisting in the shipping and receiving of new shipments, logging all inventory purchases, conducting physical counts to make sure no theft is occurring, and assisting with loss prevention. Inventory controllers typically work in a warehouse setting, and there may be wide variations in temperature and the presence of chemicals depending on the environment. Some physical tasks such as lifting and moving materials may be occasionally needed as well.Read More...
To be considered an inventory controller, one must have a high school diploma or equivalent; in most cases, a postsecondary degree is required. Math skills are essential, as the inventory controller works with inventory levels. One to two years of warehouse experience is usually required by employers. Additionally, an inventory controller must be able to work well independently with minimal supervision, but they should also be able to work well in a team setting with other warehouse staff. (Copyright 2017 PayScale.com)
Inventory Controller 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 Controller Job Listings
Popular Skills for Inventory Controller
Survey results show that Inventory Controllers use a fair number of skills. Most notably, facility with SAP Enterprise Resource Planning and Purchasing are correlated to pay that is significantly above average, leading to increases of 24 percent and 10 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Customer Service, Data Entry, and Inventory Management. The majority of those who know Microsoft Excel also know SAP Enterprise Resource Planning (ERP).
Pay by Experience Level for Inventory Controller
Pay by Experience for an Inventory Controller has a positive trend. An entry-level Inventory Controller with less than 5 years of experience can expect to earn an average total compensation of $32,000 based on 139 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Inventory Controller with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $40,000 based on 65 salaries. An experienced Inventory Controller which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $41,000 based on 51 salaries. An Inventory Controller with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $47,000 based on 10 salaries.
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Key Stats for Inventory Controller
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