How to Write an Inventory Manager Job Description Sample

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Inventory Manager duties and responsibilities

Inventory Managers maintain daily records for invoices and shipments to identify which products need to be replenished. Some Inventory Managers track inventory with lists, but most use inventory management or supply chain software that calculates monthly and seasonal demand. Additional duties and responsibilities may include: 
  • Designing and implementing an inventory tracking system for optimized inventory control procedures
  • Examine the levels of raw materials and supplies to determine shortages
  • Document daily shipments and deliveries to replenish inventory
  • Create detailed reports for adjustments, inventory operations and stock levels
  • Evaluating new inventory, ensuring it's ready to ship
  • Properly order new supplies avoiding excessive surplus or inefficiencies
  • Analyze various suppliers to ensure the company is receiving the best cost-effective deals
  • Hire and train new employees

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What does an Inventory Manager do?

Inventory Managers lead a team of employees responsible for receiving and recording new stock as it arrives and moving stock onto store shelves or trucks. They interview and hire new employees, establish schedules, monitor warehouse stock levels and identify when replenishing stock is necessary. Time management is critical for Inventory Managers as they need to make sure every item gets to its final destination on time while ensuring there are no shortages on shelves. Occasionally, Inventory Managers have similar duties to a Logistician or Scheduler. 

Inventory Manager skills and qualifications

Inventory Managers are responsible for recording and ordering materials, products and supplies for both small and large businesses. Individuals with strong record-keeping and organizational skills are often a good fit for an inventory management career. Strong communication skills are essential for Inventory Managers, as they must be able to communicate with customers and employees on a regular basis effectively. In addition, the following skills and qualifications are essential for the position: 
  • Leadership skills for hiring employees, resolving conflicts and keeping employees on task and motivated
  • Critical-thinking skills to establish action plans and routinely assess their effectiveness
  • Organizational skills to manage multiple moving pieces, people and orders
  • Problem-solving skills to anticipate problems before they happen and handle them appropriately when they do

Inventory Manager salary expectations 

An Inventory Manager makes an average of $57,941 per year. Salary may depend on level of experience, education and the geographical location.

Inventory Manager education and training requirements 

Many colleges and universities offer a master’s degree or graduate certificate programs in supply chain management or operations for Inventory Managers interested in pursuing upper-level positions. Additional courses in information technology are also useful as companies increase the role of automation and computers in the inventory management process. 

Inventory Manager experience requirements

Most Inventory Manager positions require a four-year bachelor’s degree from one of several applicable majors, including business administration and supply chain management where topics ranging from logistics to productivity are covered. Many students also utilize computer models to simulate distribution mechanisms or inventory management.

Some Inventory Manager positions also have certification requirements. Many professionals pursue the Certified in Production and Inventory Management (CPIM) designation by successfully passing five exams through voluntary certification programs offered by the Association for Operations Management (APICS). Once certified, Inventory Managers maintain certification by accumulating points by participating in additional APICS-approved activities and continuing education courses. 

Job description samples for similar positions

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