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An inventory control manager is an individual responsible for overseeing and managing a company's inventory levels. They are in charge of ensuring that the right amount of products are available at the right time to meet customer demand while minimizing excess inventory. An inventory control manager creates and implements inventory management systems, analyzes sales trends, and monitors inventory levels to avoid stockouts or overstocking. They work closely with purchasing and production teams to optimize supply chain efficiency.
Avg. Salary $59,401
Avg. Salary $59,228
Growth rate -3%
Growth rate 0.3%
American Indian and Alaska Native 0.67%
Asian 7.81%
Black or African American 7.98%
Hispanic or Latino 13.42%
Unknown 4.73%
White 65.40%
Genderfemale 29.00%
male 71.00%
Age - 47American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 47Stress level is high
7.1 - high
Complexity level is advanced
7 - challenging
Work life balance is poor
6.4 - fair
Pros
High demand for skilled inventory control managers
Opportunities for career advancement
Potential for a good salary and benefits package
Opportunity to implement process improvements and cost-saving measures
Gain knowledge of different inventory management systems and technologies
Cons
High levels of stress due to responsibility for the accuracy of inventory levels
Long hours and unpredictable workload, especially during peak seasons
Constantly changing priorities and deadlines
Risk of being held solely responsible for inventory discrepancies or losses
Possible need to deal with difficult vendors or suppliers.
| Skills | Percentages |
|---|---|
| Inventory Control Procedures | 11.41% |
| Sales Floor | 11.31% |
| Customer Service | 9.50% |
| Team Work | 8.28% |
| Logistics | 6.90% |
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The average inventory control manager salary in the United States is $59,401 per year or $29 per hour. Inventory control manager salaries range between $41,000 and $85,000 per year.
What am I worth?
work will be sometimes hectic.
its a challenging work. you need lot of potential to be materials manager.
we put a lot of hours, we earn our salaries from our eyes so salary is not up to what we do. but i do it because i love this job.
Well when looking in the figures you will understand immediately how the organization doing, then when you send the info and your are correct and they don't listen then they realize that you where right, you look at there faces you will feel like you own the world.
I am continuously working to develop my the communication and computer skills necessary listed in the job description job description. My formal education which is bachelors degree in philosophy and a minor in economics. I am currently furthering my education in the area of computer science.
I am working to improve my area of concern which is having limitations when managing employees.