Inventory Control Manager

Last Updated:
January 20, 2024

Job Description Overview

An Inventory Control Manager job description in the Transportation industry involves overseeing the inventory levels of a company's products and supplies. They ensure that goods are in stock and help manage the flow of products to meet the needs of the organization. The Inventory Control Manager works closely with other members of the company's management team to develop and implement policies and procedures that optimize inventory control efficiency. They monitor inventory levels, track changes in demand, and manage the inventory systems to ensure proper financial reporting. The Inventory Control Manager also develops and implements safety procedures to ensure that the company's inventory handling and storage practices are in compliance with industry regulations. This is a critical role in the Transportation industry, as it helps to ensure that the business operates smoothly and efficiently by maintaining accurate inventory records and optimizing supply chain management.

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Job Duties and Responsibilities

  • Manage and oversee inventory control procedures
  • Monitor and analyze inventory levels
  • Collaborate with procurement and logistics teams to ensure timely delivery of inventory
  • Develop and implement inventory tracking systems
  • Evaluate and improve inventory management processes
  • Conduct audits to ensure accuracy of inventory records
  • Forecast inventory needs based on demand and sales forecasts
  • Manage and supervise inventory control staff
  • Coordinate with customer service team to troubleshoot inventory-related issues.

Experience and Education Requirements

To become an Inventory Control Manager in the Transportation industry, you generally need a combination of education and experience. A high school diploma or equivalent is required, but most employers prefer candidates who have completed a bachelor's degree program in supply chain management, logistics, or a related field. Some employers may also accept an associate degree or relevant professional certification.

In terms of experience, candidates should have at least 5 years of experience in inventory management, supply chain operations, or a related field. They should be proficient with computer software programs, such as inventory management systems, and have strong communication and organizational skills.

Candidates can also typically demonstrate their ability to manage inventory through internships or previous work experience. Employers may also look for candidates who have experience in the specific area of transportation that the company operates in, such as air freight, ocean freight, or ground transportation.

Salary Range

An Inventory Control Manager in the Transportation industry can expect a salary range of $52,000 to $103,000 annually in the United States, according to Payscale.com. This salary range may vary depending on the size and location of the company, level of experience and education of the candidate. Glassdoor.com reports an average salary of $75,154 per year for this position in the United States.

In Canada, an Inventory Control Manager in transportation earns an average salary of CAD 54,218 per year, according to Neuvoo.ca. In the United Kingdom, an Inventory Manager in logistics and transportation can expect a salary range of £30,000 to £45,000 per year, according to Totaljobs.com.

Sources:

  • Payscale.com
  • Glassdoor.com
  • Neuvoo.ca
  • Totaljobs.com

Career Outlook

The career outlook for an Inventory Control Manager in the Transportation industry is positive, and it is expected to grow over the next five years. According to the Bureau of Labor Statistics, the demand for logisticians, including Inventory Control Managers, is expected to grow by 4% from 2019 to 2029. This growth is attributed to the increasing global trade, e-commerce, and the need for efficient supply chain management. The transportation industry is always evolving, and as new technologies are implemented, the need for Inventory Control Managers will remain crucial in ensuring the smooth flow of goods. With experience and education, this career can lead to managerial and executive positions. Overall, the future looks bright for those pursuing a career as an Inventory Control Manager in the Transportation industry.

Frequently Asked Questions (FAQ)

Q: What is the job of an Inventory Control Manager in the Transportation industry?

A: An Inventory Control Manager is responsible for overseeing the supply of goods and materials for a transportation company.

Q: What skills are needed to be an Inventory Control Manager?

A: Strong analytical skills, attention to detail, and good communication skills are essential for this job.

Q: What are some daily tasks for an Inventory Control Manager?

A: Managing inventory levels, forecasting demand, tracking shipments, and working with vendors are some of the daily tasks for an Inventory Control Manager.

Q: What is the work environment like for an Inventory Control Manager?

A: The work environment can be fast-paced and stressful, as the Inventory Control Manager is responsible for ensuring that everything is in place for shipments to go out on time.

Q: What is the salary range for an Inventory Control Manager?

A: The salary range for an Inventory Control Manager can vary greatly depending on experience, location, and the size of the company, but typically ranges from $50,000 to $100,000 per year.


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