#Inventory manager description software#

For the most up-to-date salary information from Indeed, click on the salary link.Ĭommon salary in the U.S.: $60,422 per year Certifications can also help inventory managers command higher annual earnings. Large businesses typically pay their inventory managers higher salaries than small firms do. Salaries for inventory managers vary depending on the employer, location and experience. Studying sales numbers and forecasting future inventory needs Hiring and training inventory clerks and warehouse staff, delegating tasks and creating rosters for these workers Preparing inventory for delivery or shipping to customers Sourcing suppliers and maintaining relationships with them, including addressing problems in supply and delivery Ordering additional inventory when stocks are low

#Inventory manager description software#

Their duties vary depending on their industry and the size of the workplace, but typically include:Ĭounting or using computerized inventory monitoring or supply chain software tools to accurately track stock levelsĬonducting regular cycle counts or stocktakes to determine available inventory Inventory managers are employed in businesses of all sizes in a variety of industries. They usually supervise inventory clerks and warehouse staff and liaise with members of different departments within the business. These items may be used within the business or sold or leased to its customers. Salaries range from $55,000 to $100,000 depending on years of experience and company profile.An inventory manager oversees their employer’s products, supplies and materials.The average salary for an inventory manager is $78,000.Physical labor such as lifting and walking required on a regular basis.Time will be split between the stock room, sales floor, and store office.Company-specific training required prior to start date.Work experience in inventory control is required.Bachelor’s Degree in management or related field is required.Possesses physical strength necessary to lift and move inventory.Exhibits strong problem-solving skills.Possesses broad knowledge of store products and holdings.Demonstrates ability to think creatively and strategically.Exhibits excellent customer service skills.Is able to read, interpret, and explain sales and inventory reports.Possesses strong organizational skills.Demonstrates ability to use inventory software.Works with store’s general manager to devise ways to maintain inventory control and reduce theft.Provides customer assistance as necessary.Assists in maintaining organization of stock on the sales floor.Implements improved security and storage procedures to reduce loss and theft.Addresses and resolves discrepancies in inventory and sales reports.

Reviews and analyzes sales reports and checks them against physical store inventory.

Employs computerized inventory software to keep track of all store supplies.

Ensures that stockroom is well organized and that all stored items are accounted for.Packs up items for return and affixes shipping labels.Processes the return of defective or expired items.Manages, stores, and/or returns overstock.Suggests to store manager new products or supplies for regular inventory based on analysis of sales statistics.Reorganizes stock room to accommodate additional inventory.Responsible for unloading new supplies and storing them appropriately.Maintains and updates records of store inventory.Delegates tasks and assignments to inventory clerks.Oversees all business and activity relating to store inventory control.Assists in recruiting, hiring, and training a team of inventory clerks.Essential Duties and Responsibilities of an Inventory Manager Position DescriptionĪn inventory manager counts all items in stock, analyzes inventory records, delegates tasks to a team of inventory clerks, orders supplies, manages the processing and return of defective items, and devises ways to reduce inaccurate inventory reporting and theft. The job description of an inventory manager involves training inventory clerks and specialists, devising best practices for maintaining balanced inventory records, and keeping track of all company products and supplies. An inventory manager oversees the inventory control of a mid to large sized company or retail store.