Inventory Specialist Hourly Pay

The average hourly pay for an Inventory Specialist is $14.20.

10%

50%

90%

MEDIAN $14.20

Hourly Rate

$10 - $20

Bonus

$201 - $5,980

Profit Sharing

$50 - $6,544

Commission

$500 - $7,500

Total Pay

$21,388 - $49,710

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Job Description for Inventory Specialist

Inventory specialists are normally in charge of ordering, receiving and counting all types of products for their organization. They are also responsible for ensuring that inventory records are accurate at all times, which they do through daily or weekly counts of all products. Inventory specialists work with products being shipped to customers and properly log all receipts to ensure accurate inventory counts. In some cases, they may be in charge of preparing orders and related documents to purch…Read more

Inventory 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.

Popular Employer Salaries for Inventory Specialist

$11

$12

$11

$12

Advance Auto Parts, Inc.

$12

Apple Computer, Inc

$20

Rgis Inventory

$10

Rgis Inventory Services

$10

The top respondents for the job title Inventory Specialist are from the companies Best Buy, CVS / Pharmacy and Staples, Inc.. Reported salaries are highest at Apple Computer, Inc where the average pay is $20.36. Other companies that offer high salaries for this role include CVS / Pharmacy and Rgis, Llc., earning around $12.39 and $11.71, respectively. Rgis Inventory pays the lowest at around $9.75. Staples, Inc. and Best Buy also pay on the lower end of the scale, paying $11.14 and $11.36, respectively.

Career Paths

Explore the most common career paths for Inventory Specialist. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.

Inventory Specialist

Inventory Control Specialist

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Inventory Manager

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Software Developer

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More common (> 20%)

Somewhat common (8 - 20%)

Less common (< 8%)

Inventory Specialist Job Listings

Popular Skills for Inventory Specialist

Inventory Control

$14

1,061 responses

Inventory Management

$15

884 responses

Order Inventory

$14

493 responses

Cycle Count

$15

461 responses

Microsoft Excel

$16

280 responses

Skills in Inventory Control, Inventory Management, Cycle Count and Microsoft Excel are correlated to pay that is above average. Skills that pay less than market rate include Order Inventory.

Pay by Experience Level for Inventory Specialist

An entry-level Inventory Specialist with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $11.95 based on 103 salaries. An early career Inventory Specialist with 1-4 years of experience earns an average total compensation of $13.49 based on 960 salaries. A mid-career Inventory Specialist with 5-9 years of experience earns an average total compensation of $15.64 based on 331 salaries. An experienced Inventory Specialist with 10-19 years of experience earns an average total compensation of $16.36 based on 311 salaries. In their late career (20 years and higher), employees earn an average total compensation of $18.

Pay Difference by Location

Learn more about cost of living by city.

Minneapolis, Minnesota

▲39%

San Diego, California

▲30%

▲21%

▲20%

▲9%

▲4%

▲1%

Employees with Inventory Specialist in their job title in Minneapolis, Minnesota earn an average of 39.1% more than the national average. These job titles also find higher than average salaries in San Diego, California (30.2% more) and Chicago, Illinois (20.6% more).