An Inventory Specialist plays a crucial role in managing stock and ensuring that products are available when needed. If you're considering this position, it's helpful to know about the salary you can expect.
The average yearly salary for an Inventory Specialist is $38,519. However, salaries can vary based on experience and location. Entry-level positions start around $28,000, while those with more experience can earn up to $56,000. Many specialists earn salaries that fall between these two figures, with common salaries being around $35,636 to $50,909.
With dedication and experience, you can expect to see your salary increase over time. Overall, this role offers a solid starting point for those interested in the logistics and inventory management field.
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Washington, DC
Average Salary: $53,906
Working in Washington, DC as an inventory professional offers opportunities in a dynamic environment. The city hosts various governmental agencies and private companies, creating a need for skilled individuals to manage inventory efficiently.
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Seattle, WA
Average Salary: $48,317
In Seattle, the vibrant tech industry fuels job growth for inventory roles. Companies like Amazon and Starbucks require attentive individuals to keep their products organized and available, ensuring smooth operations in this bustling city.
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San Francisco, CA
Average Salary: $46,528
San Francisco is a hot spot for innovation, and companies in the region rely on inventory experts to manage their stock effectively. From tech startups to well-established firms, there is a constant demand for skilled professionals in this competitive market.
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Los Angeles, CA
Average Salary: $45,402
Los Angeles presents diverse opportunities for inventory roles, especially in the entertainment and retail sectors. Major companies in film and fashion heavily rely on individuals who can manage their stock accurately and efficiently.
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Stamford, CT
Average Salary: $44,717
Stamford is home to numerous corporate headquarters, creating a solid job market for inventory specialists. The city's growth in finance and logistics means companies seek those with expertise in inventory management.
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San Jose, CA
Average Salary: $44,538
In San Jose, the heart of Silicon Valley, inventory roles play a critical part in supporting the tech industry's rapid growth. Many tech giants depend on skilled inventory professionals to maintain organization and efficiency.
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Santa Rosa, CA
Average Salary: $44,510
Santa Rosa boasts a thriving economy with a strong focus on agriculture and manufacturing. Professionals who specialize in inventory management contribute significantly to keeping these industries running smoothly.
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Lubbock, TX
Average Salary: $43,406
Lubbock's growing economy and diverse industries offer promising opportunities for inventory specialists. Local businesses look for efficient inventory management to streamline operations in both retail and logistics.
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Chicago, IL
Average Salary: $43,315
Chicago, with its massive shipping and logistics sectors, seeks knowledgeable inventory professionals to handle stock control. The city's rich history in commerce offers many chances for career growth.
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Buffalo, NY
Average Salary: $43,148
Buffalo is revitalizing its economy, presenting new opportunities in inventory management. As companies expand, they need dedicated individuals to organize and maintain their supplies effectively.
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Wells Fargo
Average Salary: $85,518
Wells Fargo offers competitive salaries for Inventory Specialists, especially in major cities like San Francisco and New York. The role involves managing inventory levels and ensuring efficient stock movement.
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Blue Origin
Average Salary: $64,445
Blue Origin provides a stimulating environment for Inventory Specialists in Hunstville, Alabama, and Kent, Washington. Employees take part in exciting projects while overseeing inventory for aerospace components.
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Leidos
Average Salary: $61,098
At Leidos, Inventory Specialists play a key role in supporting various defense and IT projects. Job opportunities exist in locations like Reston, Virginia, and San Diego, California.
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Amazon.com
Average Salary: $60,458
Amazon.com offers a dynamic workplace for Inventory Specialists in locations such as Seattle and Dallas. The company focuses on efficient supply chain management and fast-paced inventory control.
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CBRE
Average Salary: $57,917
CBRE offers Inventory Specialists roles in real estate markets across the country. Positions often focus on property management and operational efficiency in cities like Chicago and Los Angeles.
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Cornerstone Building Brands
Average Salary: $57,182
Cornerstone Building Brands, located in numerous states, seeks Inventory Specialists to manage building materials inventories effectively, ensuring timely supplies for construction projects.
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Medtronic
Average Salary: $54,718
Medtronic hires Inventory Specialists to manage medical devices and supplies in cities like Minneapolis and Irvine. Employees ensure that products remain available for critical healthcare needs.
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Bass Pro Shops
Average Salary: $54,575
Bass Pro Shops employs Inventory Specialists who maintain stock levels in stores nationwide. Opportunities exist in various retail locations where outdoor gear is sold.
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Buffalo Biodiesel Inc.
Average Salary: $52,000
Buffalo Biodiesel Inc. looks for Inventory Specialists in its facilities focused on sustainable energy production. Positions are available in cities looking to promote eco-friendly practices.
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Southwire
Average Salary: $51,278
Southwire, known for its electrical wire and cable manufacturing, employs Inventory Specialists to oversee materials across its production sites in Georgia and Alabama.
As an Inventory Specialist, you can boost your earnings by focusing on specific factors that can enhance your skills and marketability. Here are five key ways to increase your income:
- Gain Relevant Certifications: Certifications in inventory management or supply chain can improve your knowledge and make you more attractive to employers.
- Expand Your Technical Skills: Learning software for inventory management, such as SAP or Oracle, can help you stand out and potentially earn more.
- Seek Leadership Opportunities: Taking on team leader or management roles can lead to higher pay and more responsibilities.
- Network with Professionals: Connecting with others in your field can help you learn about better-paying job openings and industry trends.
- Stay Updated on Industry Changes: Keeping current with inventory and supply chain best practices can enhance your expertise and lead to higher salary offers.