What does an Inventory Specialist do?
Inventory Specialists usually work for department or retail stores, developing procedures to effectively manage and maintain a company’s inventory. They’ll make sure a company’s shipment is accurate by conducting inventory counting processes. Inventory Specialists also oversee and manage the inventory storage space in the warehouse to ensure there’s enough room to store new product shipments.
When inventories start to run low, the Inventory Specialist will place restock orders and make sure they never run out of essential inventory items. They also use management software systems and technologies to manage and update their inventory records accordingly.
Inventory Specialist skills and qualifications
Inventory Specialists will typically have certain prerequisite skills or qualifications, which include:
- Good organizational skills are necessary for Inventory Specialists to take charge of organizing inventory and improving the efficiency of the selection and shipping process.
- The ability to manage multiple projects at one time in an efficient and timely manner is important in this position.
- Good written and verbal communication skills are crucial for negotiating contracts, interviewing new vendors, educating warehouse employees and developing new inventory processes.
- Inventory Specialists need problem-solving skills to come up with ways to improve overall efficiency and overcome inventory problems.
Inventory Specialist salary expectations
An Inventory Specialist makes an average of $14.66 per hour. Pay rate may depend on level of experience, education and the geographical location.
Inventory Specialist salary expectations
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Common salary:
19.48 HOURLY -
Typical salaries range from
8.85 -34.10 HOURLY - Find more information on Indeed Salaries
*Indeed data –
Inventory Specialist education and training requirements
A minimum of a high school diploma is often required to work as an Inventory Specialist. Some candidates will also have an associate or bachelor’s degree in logistics or inventory management. Students can begin training in their educational program or with an entry-level position working in inventory. Some students will also receive additional training while working toward a certification.
Inventory Specialist experience requirements
Inventory Specialists will often have previous experience in a warehouse or inventory role. Candidates may come from a background as an Inventory Stocker or Selector. Some Inventory Specialists may also begin their career as an Inventory Clerk or Inventory Associate. Then, they will work their way up toward an Inventory Specialist role. It is also possible for Inventory Specialists to move between industries.
Job description samples for similar positions
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