A person working as a Inventory Manager in South Africa will on average earn $7556 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $7,556.00 |
| Weekly salary | $145.31 |
| Daily salary | $20.70 |
| Hourly salary | $2.59 |
This means inventory manager salary is above average!
Job Industry: retail
Description: An inventory manager is responsible for overseeing the entire inventory process within an organization. They are in charge of monitoring and controlling the flow of goods, ensuring accurate stock levels, and optimizing inventory turnover. Their main duties include managing inventory databases, analyzing data to forecast demand, coordinating with suppliers and vendors, and implementing strategies to minimize stock shortages or excesses. Additionally, they may be involved in developing inventory policies, conducting regular audits, and identifying areas for improvement in the inventory management system. Strong analytical skills, attention to detail, and proficiency in inventory management software are essential for this role.
Tagged with: Inventory management, Supply chain, Data analysis, Forecasting, Vendor management, Inventory optimization