Inventory management specialists help companies manage their inventory levels to meet customer demand and reduce losses. They lead and participate in inventory planning and strategy. They monitor inventory levels and restock as needed. Also, they inspect products and stock levels to spot potential problems. Using the information from sales reports and inventory counts, they forecast inventory needs. Similarly, they recommend when to purchase stock from vendors and reduce prices. Furthermore, they prepare regular inventory reports on regular counts, stock outages, and replenishments, among others.
For this role, you need a minimum of a high school diploma. However, some employers prefer a bachelor's degree. You must have previous relevant work experience. Core skills are problem-solving, maths, and communication skills. Work tools include lifting equipment, inventory tracking tools, productivity software, and inventory management software. These experts are paid about $47,915 per annum. Their salary is between $26,000 and $87,000.
How to Become an Inventory Management Specialist
What is an Inventory Management Specialist
There is more than meets the eye when it comes to being an Inventory Management Specialist. For example, did you know that they make an average of $27.21 an hour? That's $56,603 a year!
Between 2018 and 2028, the career is expected to grow 1% and produce 46,900 job opportunities across the U.S.
What Does an Inventory Management Specialist Do
There are certain skills that many Inventory Management Specialists have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Detail oriented, Math skills and Customer-service skills.
How To Become an Inventory Management Specialist
If you're interested in becoming an Inventory Management Specialist, one of the first things to consider is how much education you need. We've determined that 38.5% of Inventory Management Specialists have a bachelor's degree. In terms of higher education levels, we found that 4.8% of Inventory Management Specialists have master's degrees. Even though some Inventory Management Specialists have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become an Inventory Management Specialist. When we researched the most common majors for an Inventory Management Specialist, we found that they most commonly earn Bachelor's Degree degrees or High School Diploma degrees. Other degrees that we often see on Inventory Management Specialist resumes include Associate Degree degrees or Diploma degrees.
You may find that experience in other jobs will help you become an Inventory Management Specialist. In fact, many Inventory Management Specialist jobs require experience in a role such as Cashier. Meanwhile, many Inventory Management Specialists also have previous career experience in roles such as Sales Associate or Customer Service Representative.
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Inventory Management Specialist Career Paths
As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, an Inventory Management Specialist can determine their career goals through the career progression. For example, they could start out with a role such as Team Leader, progress to a title such as Manager and then eventually end up with the title National Account Manager.
Inventory Management Specialist Jobs You Might Like
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Average Salary for an Inventory Management Specialist
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12 Inventory Management Specialist Resume Examples
Build a professional inventory management specialist resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 12+ resume templates to create your inventory management specialist resume.
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Samuel Daniels Inventory Management Specialist |
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Gary Mason Inventory Management Specialist Experience Inventory Management Specialist2016 - Present Walmart•Milwaukee, WI
Inventory Management Specialist2012 - 2016 Walmart•Milwaukee, WI
Order Filler2002 - 2012 Walmart•Charlotte, NC
Skills ProceduresPhysical InventoriesGSASafety ProceduresRepackRFCompany PoliciesLogisticsHand TrucksSales Floor Education Bachelor's Degree Management1999 - 2002 Johnson & Wales University•Providence, RI |
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Learn How To Write an Inventory Management Specialist Resume
At Zippia, we went through countless Inventory Management Specialist resumes and compiled some information about how to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.
View Inventory Management Specialist Resume Examples And TemplatesAnd if you’re looking for a job, here are the five top employers hiring now:
Choose From 10+ Customizable Inventory Management Specialist Resume templates
Zippia allows you to choose from different easy-to-use Inventory Management Specialist templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Inventory Management Specialist resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
Inventory Management Specialist Demographics
Inventory Management Specialist Gender Distribution
After extensive research and analysis, Zippia's data science team found that:
- Among Inventory Management Specialists, 33.8% of them are women, while 66.2% are men.
- The most common race/ethnicity among Inventory Management Specialists is White, which makes up 69.6% of all Inventory Management Specialists.
- The most common foreign language among Inventory Management Specialists is Spanish at 62.8%.
Find the best Inventory Management Specialist job for you
Inventory Management Specialist Jobs You Might Like
- High Paying Inventory Management Specialist Jobs - $79K and Up
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- Entry Level Inventory Management Specialist Jobs
- Part Time Inventory Management Specialist Jobs
- Actively Hiring
- No Degree Inventory Management Specialist Jobs
Top Colleges for Inventory Management Specialists
1. Stanford University
Stanford, CA • Private
2. University of Pennsylvania
Philadelphia, PA • Private
3. Northwestern University
Evanston, IL • Private
4. Maine Maritime Academy
Castine, ME • Private
5. University of Southern California
Los Angeles, CA • Private
6. California State University - Bakersfield
Bakersfield, CA • Private
7. SUNY at Binghamton
Vestal, NY • Private
8. Villanova University
Villanova, PA • Private
9. San Diego State University
San Diego, CA • Private
10. Bentley University
Waltham, MA • Private
Find the best Inventory Management Specialist job for you
Inventory Management Specialist Jobs You Might Like
- High Paying Inventory Management Specialist Jobs - $79K and Up
- Work From Home Inventory Management Specialist Jobs
- Entry Level Inventory Management Specialist Jobs
- Part Time Inventory Management Specialist Jobs
- Actively Hiring
- No Degree Inventory Management Specialist Jobs
Online Courses For Inventory Management Specialist That You May Like
Inventory is also company money, materialized in supplies towards the elaboration of products in-process, finished and for sale. Keeping an organized and updated inventory will allow you to save time and resources. Also, knowing that type of product you have available and what state it is in helps in organizing what you already have, so you will not have waste and you will be able to sell as you produce. Inventory is a hidden treasure for companies. In this online course you will learn to...
Create Inventory POS System Project With Billing by use of Bootstrap Responsive AdminLTE Dashboard With PHP PHP7 MYSQL...
Learn Logistics, Supply Chain and Customer Service. 3 Courses in 1...
Top Skills For an Inventory Management Specialist
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 17.1% of Inventory Management Specialists listed Customer Service on their resume, but soft skills such as Detail oriented and Math skills are important as well.
Best States For an Inventory Management Specialist
Some places are better than others when it comes to starting a career as an Inventory Management Specialist. The best states for people in this position are New Jersey, California, Maryland, and New York. Inventory Management Specialists make the most in New Jersey with an average salary of $72,579. Whereas in California and Maryland, they would average $70,809 and $65,378, respectively. While Inventory Management Specialists would only make an average of $62,687 in New York, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
1. New Jersey
$72,579
Avg. Salary
2. California
$70,809
Avg. Salary
3. Virginia
$61,415
Avg. Salary
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Inventory Management Specialist Videos
