A person working as a Inventory Specialist in will on average earn $27845 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $27,845.00 |
| Weekly salary | $535.48 |
| Daily salary | $76.29 |
| Hourly salary | $9.54 |
This means inventory specialist salary is below average!
Job Industry: retail
Description: An inventory specialist is responsible for managing and maintaining inventory levels within a company or organization. They play a crucial role in ensuring that the right amount of products or materials are available at any given time to meet customer demand. Their main duties include monitoring inventory levels, conducting regular audits, and reconciling discrepancies between actual stock and recorded data. They also collaborate with other departments to forecast future inventory needs, track inventory movement, and identify areas for improvement in the supply chain process. Additionally, inventory specialists may be involved in implementing inventory management systems, analyzing data to identify trends, and optimizing inventory turnover.
Tagged with: Inventory management, Supply chain, Auditing, Forecasting, Data analysis, Inventory control