How much does an Inventory Control Manager make hourly in the United States? The average hourly wage for an Inventory Control Manager in the United States is $52 as of October 01, 2024, but the range typically falls between $45 and $59. Hourly rate can vary widely depending on many important factors, including
education, certifications, additional skills,
the number of years you have spent in your profession.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
What skills does an Inventory Control Manager need?
Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
1.
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
2.
ERP: Enterprise resource planning (ERP) refers to a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations.
3.
Data Analysis: Data analysis is a process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science, and social science domains. In today's business world, data analysis plays a role in making decisions more scientific and helping businesses operate more effectively. Data mining is a particular data analysis technique that focuses on modeling and knowledge discovery for predictive rather than purely descriptive purposes, while business intelligence covers data analysis that relies heavily on aggregation, focusing mainly on business information. In statistical applications, data analysis can be divided into descriptive statistics, exploratory data analysis (EDA), and confirmatory data analysis (CDA). EDA focuses on discovering new features in the data while CDA focuses on confirming or falsifying existing hypotheses. Predictive analytics focuses on application of statistical models for predictive forecasting or classification, while text analytics applies statistical, linguistic, and structural techniques to extract and classify information from textual sources, a species of unstructured data. All of the above are varieties of data analysis.
Mastering certain skills can make the compensation of an Inventory Control Manager higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Flexibility, you can get a 6% salary raise. If you are good at Project Management, your salary will increase by 6%.If you are expert in Forecasting, your salary will rise by 6%.
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Job Description for Inventory Control Manager
Inventory Control Manager manages inventory control operations. Implements policies, objectives, and initiatives. Being an Inventory Control Manager employs standards, metrics, and procedures that maximize inventory management efficiency. Assists with inventory planning, scheduling, forecasting, and control operations. Additionally, Inventory Control Manager implements Inventory tools and systems for tracking, analysis, auditing, and reporting. Collaborates with cross-functional teams and stakeholders to identify and prioritize initiatives to optimize inventory capabilities and develop best inventory management practices. Requires a bachelor's degree. Typically reports to a head of a unit/department. The Inventory Control Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be an Inventory Control Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)...
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Career Path for Inventory Control Manager
A career path is a sequence of jobs that leads to your short- and long-term career goals.
Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Inventory Control Manager, the first career path typically progresses to Parts Director.
Additionally, the second career path typically starts with an Inventory Control Senior Manager position, and then progresses to Inventory Control Director.
What does an Inventory Control Manager do?
Inventory Control Manager in Little Rock, AR
You'll learn, grow, and become the type of manager you'd like to work for.
February 19, 2020
Inventory Control Manager in Virginia Beach, VA
Inventory control work is often performed in a distribution center environment, but this job can be found in regular retail and corporate office environments as well.
February 09, 2020
Inventory Control Manager in Yakima, WA
Given the impact on customers and profits, inventory control is one of the chief concerns of businesses that have large inventory investments, such as retailers and distributors.
Inventory Control Manager Pay Difference by Location
Inventory Control Manager salary varies from city to city.
Compared with national average salary of Inventory Control Manager, the highest Inventory Control Manager salary is in San Francisco, CA, where the Inventory Control Manager salary is 25.0% above.
The lowest Inventory Control Manager salary is in Miami, FL, where the Inventory Control Manager salary is 3.5% lower than national average salary.
Inventory Control Manager Salary by Global Country
Inventory Control Manager salary varies from country to country.
There are several factors that mainly impact the Inventory Control Manager salary, including cost of living, economic conditions, market rates and legal differences.
Click below to Inventory Control Manager salary of the other country.
Geographic variations impact Inventory Control Manager salary levels, due to various factors, such as cost of living, industries, market demand and company budgets.
Click below to see pay differences between states.
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Browse Related Job Categories With Inventory Control Manager
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries.
Inventory Control Manager salary varies from category to category.
Click below to see Inventory Control Manager salary in different categories.
Take just three simple steps below to generate your own personalized salary report
Step 1 of 3
Understand the total hourly compensation opportunity for an Inventory Control Manager, hourly wage plus other pay elements
Average Hourly Wage
Core compensation
 
 
 
45
59
52
Average Total Hourly Cash Compensation
Includes base and short-term incentives
 
 
 
47
65
56
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Inventory Control Manager in the United States. The average hourly rate for Inventory Control Manager ranges from $45 to $59 with the average hourly pay of $52. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $47 to $65 with the average total hourly cash compensation of $56.