$55,836
Avg. Salary
$19.35
Avg. Hourly Rate

Average additional compensation:

$3,382

Bonus

$2,948

Profit Sharing

What am I worth?
How should I pay?

The average pay for an Inventory Planner is $19.35 per hour.

The average pay for an Inventory Planner is $55,836 per year.

10%
$14.00
10%
$19.35
50%
$24.82
90%
90%
MEDIAN $19.35
10%
$41k
10%
$56k
50%
$78k
90%
90%
MEDIAN $55,836
$40,862 - $78,154
$41K
$56K
$78K
MEDIAN: $55,836
10%
50%
90%

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$14.00 - $24.82
$14
$19
$25
MEDIAN: $19.35
10%
50%
90%

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$0$78K
Salary $40,862 - $78,154
Bonus $838 - $7,959
Profit Sharing $711 - $5,152
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).
)
$36,793 - $78,534
  • Country: United States
  • Currency: USD
  • Updated: 23 May 2019
  • Individuals Reporting: 500
Hourly Data $0$39
Hourly Rate $14.00 - $24.82
Overtime $20.59 - $39.62
Annual Data $0$78K
Bonus $838 - $7,959
Profit Sharing $711 - $5,152
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).
)
$36,793 - $78,534
  • Country: United States
  • Currency: USD
  • Updated: 23 May 2019
  • Individuals Reporting: 115

Job Description for Inventory Planner

Inventory planners are responsible for creating effective inventory plans for their organization. They produce documents that details quantity specifications about company product or equipment. In addition, they create accurate reports about supply count and materials. They also maintain updated files about inventory that is used or moved to avoid possible discrepancies, as well as receive returned equipment and keep records about shipments. Inventory planners also record inventory activity into company databases, complete daily transactions and link them to the appropriate departments, and assist supervisors with inventory replenishing tasks. They must actively participate in company meetings, suggesting better methods to handle current inventory and improve the use of company resources.

Read More...
Inventory Planner Tasks
  • Manage and maintain current inventory.
  • Identify and resolve discrepancies in inventory.
  • Track shipments to ensure they are complete, correct, and on time.
  • Predict future inventory needs, producing plans for buying based on forecasts and sales data.

Common Career Paths for Inventory Planner


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Inventory Planner Job Listings

Popular Skills for Inventory Planner

Pay by Experience Level for Inventory Planner

Pay by Experience for an Inventory Planner has a positive trend. An entry-level Inventory Planner with less than 5 years of experience can expect to earn an average total compensation of $50,000 based on 216 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Inventory Planner with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $57,000 based on 101 salaries. An experienced Inventory Planner which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $61,000 based on 59 salaries. An Inventory Planner with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $51,000 based on 18 salaries.

Pay Difference by Location

17%

12%

2%

-14%

National Average: $53,986

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

Inventory Planner Reviews

Q: What is it like working as an Inventory Planner?

Inventory Planner in Atlanta:
Lowball pay, non-market level benefits, suffocating bureaucracy and no room for growth- only lateral moves. Old school. Terrible open office plan. Not enough bathrooms or elevators to accommodate all the people they’ve stuffed into less floors. Getting rid of inside cafeteria as well.

Related Job Salaries

Key Stats for Inventory Planner

Gender

Female
50 %
Male
50 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 89 votes.
Less than 1 year
8%
1-4 years
47%
5-9 years
26%
10-19 years
13%
20 years or more
7%

Experience Affects Inventory Planner Salaries

▲13%

▲6%

National Average
$54,000

▼6%

▼7%

Skills That Affect Inventory Planner Salaries

▲10%

National Average
$54,000



Inventory Control
▼3%

Data Analysis
▼4%


SAP Enterprise Resource Planning (ERP)
▼17%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 89 votes.

Gender

Female
50 %
Male
50 %

Years of Experience

Less than 1 year
8%
1-4 years
47%
5-9 years
26%
10-19 years
13%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 81%
vision benefits
Vision: 71%
no benefits
None: 11%