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Inventory control lead hiring summary. Here are some key points about hiring inventory control leads in the United States:
Here's a step-by-step inventory control lead hiring guide:
An Inventory Control Lead oversees supplies in an organization, aiming to meet market demands and avoid oversupply. They perform regular inspections and assessments, review invoices and other documentation, monitor product distribution operations, and produce regular progress reports. It is their responsibility to address issues and concerns, resolve them promptly, and efficiently maintain smooth workflow operations. Moreover, an Inventory Control Lead manages different teams, encouraging them to reach goals while implementing company policies and guidelines.
Before you start hiring an inventory control lead, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.
An inventory control lead's background is also an important factor in determining whether they'll be a good fit for the position. For example, inventory control leads from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
This list presents inventory control lead salaries for various positions.
| Type of Inventory Control Lead | Description | Hourly rate |
|---|---|---|
| Inventory Control Lead | Material recording clerks track product information in order to keep businesses and supply chains on schedule. They ensure proper scheduling, recordkeeping, and inventory control. | $13-34 |
| Materials Planner | Usually working in a manufacturing setting, a materials planner's role is to manage the supply flow and inventory of materials. Their responsibilities revolve around liaising with vendors and other external agencies, processing purchase orders, monitoring the quality of supplies to ensure it is according to the standards, and coordinating with various teams to learn their needs... Show more | $21-35 |
| Material Coordinator | A material coordinator is in charge of processing requisitions and ensuring that all departments receive necessary goods and materials within a company. Aside from this, they must maintain positive engagements with vendors, suppliers, and business partners, negotiate contracts, manage schedules of deliveries, and prioritize cost-efficient goods... Show more | $14-25 |
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Illinois | $51,863 | $25 |
| 2 | California | $50,738 | $24 |
| 3 | New York | $49,413 | $24 |
| 4 | Colorado | $48,311 | $23 |
| 5 | Virginia | $46,500 | $22 |
| 6 | Massachusetts | $45,096 | $22 |
| 7 | Indiana | $43,944 | $21 |
| 8 | Maine | $43,446 | $21 |
| 9 | Texas | $41,511 | $20 |
| 10 | Arizona | $40,504 | $19 |
| 11 | Tennessee | $40,191 | $19 |
| 12 | Delaware | $38,064 | $18 |
| 13 | Florida | $34,713 | $17 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Meta | $93,671 | $45.03 | 7 |
| 2 | JPMorgan Chase & Co. | $77,351 | $37.19 | 71 |
| 3 | Intel | $75,269 | $36.19 | 5 |
| 4 | State Street | $75,026 | $36.07 | |
| 5 | Citi | $74,331 | $35.74 | 2 |
| 6 | Amazon | $70,061 | $33.68 | 42 |
| 7 | Cummins | $62,444 | $30.02 | 1 |
| 8 | HRL Laboratories | $59,285 | $28.50 | |
| 9 | Brigham and Women's Hospital | $58,614 | $28.18 | 10 |
| 10 | Wayfair | $58,585 | $28.17 | 12 |
| 11 | Lenovo | $54,412 | $26.16 | |
| 12 | U.S. Bank | $53,102 | $25.53 | 8 |
| 13 | Bank of America | $51,807 | $24.91 | 30 |
| 14 | Barry-Wehmiller | $51,408 | $24.72 | 6 |
| 15 | Niagara Bottling | $49,731 | $23.91 | 8 |
| 16 | Biocare Medical | $49,651 | $23.87 | |
| 17 | HD Supply | $49,415 | $23.76 | 9 |
| 18 | Gordon Food Service | $49,239 | $23.67 | 2 |
| 19 | Lineage Logistics | $48,277 | $23.21 | 22 |
| 20 | Saddle Creek Logistics Services | $47,974 | $23.06 | 4 |
A good inventory control lead job description should include a few things:
Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of an inventory control lead job description:
To find the right inventory control lead for your business, consider trying out a few different recruiting strategies:
During your first interview to recruit inventory control leads, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.
It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've selected the best inventory control lead candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.
It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.
Once that's done, you can draft an onboarding schedule for the new inventory control lead. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.
Recruiting inventory control leads involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.
Inventory control leads earn a median yearly salary is $45,155 a year in the US. However, if you're looking to find inventory control leads for hire on a contract or per-project basis, hourly rates typically range between $13 and $34.