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Inventory control specialist hiring summary. Here are some key points about hiring inventory control specialists in the United States:
Here's a step-by-step inventory control specialist hiring guide:
Inventory control specialist ensures company inventory is accurate in all levels to increase the company's profitability. The specialist should maintain stable stocks and should manage the procurement of inventories. He/She or she is responsible for managing the flow of inventory in and out together with the shipment, package, and the storage activities then record them accurately for audits and reporting to the management. Specialists are often employed by various industries. They usually work in warehouses or in local retail locations.
Before you post your inventory control specialist job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find an inventory control specialist for hire on a part-time basis or as a contractor.
You should also consider the ideal background you'd like them an inventory control specialist to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire an inventory control specialist that fits the bill.
The following list breaks down different types of inventory control specialists and their corresponding salaries.
| Type of Inventory Control Specialist | Description | Hourly rate |
|---|---|---|
| Inventory Control Specialist | Material recording clerks track product information in order to keep businesses and supply chains on schedule. They ensure proper scheduling, recordkeeping, and inventory control. | $11-24 |
| Warehouse Coordinator | A warehouse coordinator is responsible for monitoring the supply and distribution operations of a warehouse, loading and unloading merchandise from the delivery trucks, and storing items appropriately on the facility. Warehouse coordinators assist in packing and labeling items, pulling out products from delivery, and ensuring the correct quantity and quality of the items before release... Show more | $12-19 |
| Inventory Clerk | Inventory clerks or inventory control clerks manage and maintain all inventory coming in and out. They ensure that the items are stored and stocked in their proper places... Show more | $12-18 |
Including a salary range in your inventory control specialist job description helps attract top candidates to the position. An inventory control specialist salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.
For example, the average salary for an inventory control specialist in Alaska may be lower than in Massachusetts, and an entry-level inventory control specialist usually earns less than a senior-level inventory control specialist. Additionally, an inventory control specialist with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Pennsylvania | $44,036 | $21 |
| 2 | Maine | $39,753 | $19 |
| 3 | California | $38,638 | $19 |
| 4 | Illinois | $36,332 | $17 |
| 5 | Minnesota | $35,488 | $17 |
| 6 | South Dakota | $34,787 | $17 |
| 7 | Oregon | $34,618 | $17 |
| 8 | Ohio | $33,986 | $16 |
| 9 | Kansas | $33,500 | $16 |
| 10 | Indiana | $33,354 | $16 |
| 11 | Washington | $33,192 | $16 |
| 12 | Colorado | $31,584 | $15 |
| 13 | Tennessee | $31,244 | $15 |
| 14 | Arizona | $31,149 | $15 |
| 15 | Oklahoma | $30,380 | $15 |
| 16 | Alabama | $30,175 | $15 |
| 17 | Texas | $30,001 | $14 |
| 18 | Florida | $29,361 | $14 |
| 19 | New Mexico | $28,728 | $14 |
| 20 | Nevada | $28,337 | $14 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | JPMorgan Chase & Co. | $68,882 | $33.12 | 67 |
| 2 | Regeneron | $67,995 | $32.69 | 4 |
| 3 | Oracle | $51,031 | $24.53 | 120 |
| 4 | FUJIFILM Medical Systems USA | $48,493 | $23.31 | 72 |
| 5 | ONE Gas | $48,225 | $23.19 | 1 |
| 6 | Altice USA | $47,522 | $22.85 | 5 |
| 7 | NanoString Technologies | $47,031 | $22.61 | |
| 8 | Orthofix | $45,618 | $21.93 | 2 |
| 9 | FUJIFILM Diosynth Biotechnologies | $45,545 | $21.90 | 14 |
| 10 | Array Networks | $45,373 | $21.81 | 1 |
| 11 | AMETEK | $44,991 | $21.63 | 24 |
| 12 | Oak Ridge Associated Universities, Inc. | $43,683 | $21.00 | |
| 13 | Medical University of South Carolina | $43,052 | $20.70 | 3 |
| 14 | American Woodmark | $42,108 | $20.24 | 1 |
| 15 | Washington State University | $42,016 | $20.20 | |
| 16 | PepsiCo | $41,811 | $20.10 | 40 |
| 17 | Johnson Controls | $41,678 | $20.04 | 48 |
| 18 | Republic Steel | $41,473 | $19.94 | |
| 19 | HRL Laboratories | $41,176 | $19.80 | 2 |
| 20 | Ecolab | $41,055 | $19.74 | 110 |
An inventory control specialist job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of an inventory control specialist job description:
To find inventory control specialists for your business, try out a few different recruiting strategies:
To successfully recruit inventory control specialists, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.
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 have selected a candidate for the inventory control specialist position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.
It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.
To prepare for the new inventory control specialist first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.
There are different types of costs for hiring inventory control specialists. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new inventory control specialist employee.
The median annual salary for inventory control specialists is $34,507 in the US. However, the cost of inventory control specialist hiring can vary a lot depending on location. Additionally, hiring an inventory control specialist for contract work or on a per-project basis typically costs between $11 and $24 an hour.