A warehouse inventory manager is a professional responsible for overseeing and managing the inventory of a warehouse. This includes supervising inventory specialists, creating inventory control systems, and ensuring that products are available to customers in a timely manner. The salary for a warehouse inventory manager can vary depending on factors such as location, experience, and the size of the company.
Warehouse Inventory Manager Average Salary
According to data from the Bureau of Labor Statistics (BLS), the median annual salary for warehouse inventory managers in the United States is $62,850. However, the range can vary widely, with some managers earning as much as $95,000 or more per year.
Factors that Affect Salary
There are a number of factors that can affect the salary of a warehouse inventory manager. Some of the most important include:
- Location: Warehouse inventory managers in major urban areas tend to earn higher salaries than those working in smaller towns or rural areas.
- Experience: Warehouse inventory managers with more experience tend to earn higher salaries than those just starting out in the field.
- Industry: Warehouse inventory managers working in industries such as manufacturing, retail or distribution tend to earn higher salaries than those in other industries.
- Company size: Warehouse inventory managers working for large companies tend to earn higher salaries than those working for small businesses.
Education and Training
In order to become a warehouse inventory manager, it is typically necessary to have at least a bachelor’s degree in business, logistics or a related field. Additionally, many companies provide on-the-job training for new warehouse inventory managers. Some employers also prefer candidates with experience in inventory management, logistics or supply chain management, and warehouse operations.
Career Outlook
The BLS projects that employment of warehouse inventory managers will grow by 3 percent from 2020 to 2030, which is slower than the average for all occupations. However, with the increase in e-commerce and the use of technology in inventory management, the demand of warehouse inventory managers may increase.
Overall, a warehouse inventory manager can expect a salary that falls within a wide range, depending on a variety of factors. With experience, education, and training, it is possible to earn a higher salary in this field. Additionally, warehouse inventory managers can also advance in their career by moving into higher level management positions, such as supply chain management or operations management.
