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What does an Industrial Inventory Manager earn?
Industrial Inventory Managers typically earn an average annual salary of £45,800 in the UK. They typically oversee the management and scheduling of incoming or outgoing inventory and ensure business operations are adequately resourced. They are responsible for supervising inventory workers, developing stock control policies and procedures, conducting regular inventory audits, and maintaining accurate records.
How to earn more as an Industrial Inventory Manager
"To become an Industrial Inventory Manager, you will need a degree in logistics, supply chain management, or business management. Alternatively, you can undertake a degree apprenticeship. To increase your earning potential as an Industrial Inventory Manager, you could specialise in a niche area, like inventory risk analysis, or become a manager for a logistics company. You could even try going self-employed or establishing your own inventory business. The top earners in this industry can make over £80,000 a year."
Min: £21,674.00 Max: £80,000.00
Average Industrial Inventory Manager Salary in UK : £45,814.07
Read about Industrial Inventory Manager salaries, related jobs and salary information across the UK
Industrial Inventory Manager Salary data from the ONS
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Recommended Industrial Inventory Manager Jobs in UK
Average Salary for Industrial Inventory Manager compared to similar jobs
Related Jobs
View salaries for similar jobs.
| Job Title | UK Average |
|---|---|
| Production Supervisor Salary in UK | £23,189.44 |
| Production and Operations Supervisor Salary in UK | £27,380.81 |
| Production Inspector Salary in UK | £28,018.90 |
| Production Coordinator Salary in UK | £30,300.53 |
| Production Manager Salary in UK | £39,225.90 |
| Production Planning Manager Salary in UK | £41,916.15 |
Salary by Region
Compare Industrial Inventory Manager salaries across different regions
| Region | Salary |
|---|---|
| Scotland | £35,393.47 |
| Wales | £37,300.57 |
| East Midlands | £37,327.88 |
| Eastern | £40,750.00 |
| London | £49,265.42 |
| North East | £26,958.33 |
| North West | £45,014.75 |
| South East | £51,133.36 |
| South West | £59,872.04 |
| West Midlands | £31,562.80 |
| Yorkshire and the Humber | £45,883.48 |
Annual Job Ads by Region
Understanding the Average Industrial Inventory Manager Salary in the UK
As an Industrial Inventory Manager in the UK, it is important to have a clear understanding of the average salary in the manufacturing industry. The average salary for professionals in this field can vary depending on factors such as experience, qualifications, and location. To get a better idea of the average salary range, you can refer to average Manufacturing salaries.
Salary Expectations for Newly Qualified Industrial Inventory Manager
If you are a newly qualified Industrial Inventory Manager, it is essential to have realistic salary expectations. Entry-level positions in this field may offer a lower salary compared to more experienced professionals. To explore job opportunities and get an idea of the salary range for newly qualified Industrial Inventory Managers, you can visit the job search section.
Salaries for Experienced Industrial Inventory Manager
Experienced Industrial Inventory Managers in the UK can expect higher salaries compared to their less experienced counterparts. With a proven track record and extensive knowledge in the field, you can negotiate for a higher salary. To gain insights into the salary range for experienced Industrial Inventory Managers, it is recommended to research industry-specific salary surveys and consult with recruitment agencies.
Creating an Industrial Inventory Manager CV
When applying for a job as an Industrial Inventory Manager, having a well-crafted CV is crucial. Your CV should highlight your relevant skills, experience, and qualifications. To create an effective CV, you can use a CV template specifically designed for Industrial Inventory Managers. This will help you showcase your strengths and increase your chances of securing a job interview.
Career Development Opportunities for Industrial Inventory Manager
As an Industrial Inventory Manager, there are various career development opportunities available to enhance your skills and advance your career. To explore these opportunities and gain valuable insights, you can refer to career advice specifically tailored for Industrial Inventory Managers. This will provide you with guidance on how to progress in your career and potentially increase your earning potential.
Comprehensive Compensation for Industrial Inventory Manager
As an Industrial Inventory Manager, your compensation package may include more than just a basic salary. It is important to consider other benefits such as bonuses, incentives, and pension schemes. These additional components can significantly contribute to your overall compensation. To ensure you are aware of the comprehensive compensation package for Industrial Inventory Managers, it is advisable to consult with HR professionals or refer to industry-specific salary surveys.
Strategies for Increasing Your Salary as an Industrial Inventory Manager
If you are looking to increase your salary as an Industrial Inventory Manager, there are several strategies you can employ. These include acquiring additional certifications, gaining specialized knowledge in emerging technologies, and taking on additional responsibilities. By continuously improving your skills and demonstrating your value to the organization, you can negotiate for a higher salary. It is important to stay updated with industry trends and market demands to effectively implement these strategies.
Professional Development and Earnings
Investing in your professional development as an Industrial Inventory Manager can have a direct impact on your earnings. By attending industry conferences, workshops, and training programs, you can enhance your skills and knowledge, making you more valuable to employers. Additionally, networking with professionals in the field can open doors to new opportunities and potentially higher-paying positions. It is important to allocate time and resources towards your professional development to maximize your earning potential.
Capitalizing on Extra Hours and Duties
As an Industrial Inventory Manager, there may be opportunities to earn additional income by taking on extra hours or duties. This could include overseeing special projects, providing consultancy services, or participating in overtime work. By demonstrating your flexibility and willingness to go the extra mile, you can negotiate for higher compensation. However, it is important to maintain a healthy work-life balance and ensure that any additional responsibilities align with your career goals and personal well-being.
