Stock managers work in warehouses, manufacturing plants, and retail stores where they responsible for monitoring product inventories to increase workplace efficiency. In addition, they are also in charge of handling incoming and outgoing shipments, resolving issues with damages and transfers, updating shipment schedules, and managing inventory databases.
As a manager, they also perform various administrative tasks, such as scheduling employee shifts, training new employees, creating monthly or daily reports, developing individual growth opportunities for employees, and communicating with clients, vendors, and upper management.
The role of a stock manager does not require higher education, but a bachelor's degree can be a plus. What's more important is work experience that involves managing stock or working with inventory, either in an entry- or mid-level position. Furthermore, an individual pursuing this role must have good skills in communication, people management, organization, and problem-solving. A stock manager typically works in the office of a warehouse or store and may spend a portion of their day in the actual stock area. They usually work on a 9-5 schedule and earn an average of $78,000 per year.
There is more than meets the eye when it comes to being a stock manager. For example, did you know that they make an average of $51.12 an hour? That's $106,323 a year!
Between 2018 and 2028, the career is expected to grow 1% and produce 46,900 job opportunities across the U.S.
There are certain skills that many stock managers 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 communication skills, customer-service skills and detail oriented.
When it comes to the most important skills required to be a stock manager, we found that a lot of resumes listed 23.9% of stock managers included procedures, while 12.8% of resumes included sales floor, and 12.7% of resumes included store management. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the stock manager job title. But what industry to start with? Most stock managers actually find jobs in the retail and manufacturing industries.
If you're interested in becoming a stock manager, one of the first things to consider is how much education you need. We've determined that 25.5% of stock managers have a bachelor's degree. In terms of higher education levels, we found that 1.5% of stock managers have master's degrees. Even though some stock managers 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 a stock manager. When we researched the most common majors for a stock manager, we found that they most commonly earn high school diploma degrees or bachelor's degree degrees. Other degrees that we often see on stock manager resumes include associate degree degrees or diploma degrees.
You may find that experience in other jobs will help you become a stock manager. In fact, many stock manager jobs require experience in a role such as sales associate. Meanwhile, many stock managers also have previous career experience in roles such as cashier or assistant manager.