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Part of that role means maintaining a good working relationship with suppliers by communicating and dealing with concerns or problems, such as a delay in an order being processed. Inventory managers have the important responsibility of finding a supplier who will provide your company with the goods needed to operate and be profitable.

4 Key Responsibilities of Inventory Managersīelow, we describe four primary responsibilities of inventory managers and explain what each requires.

Inventory managers are focused on time, making sure every item of stock gets to its destination on time and that there are no shortages on shelves. In addition, inventory managers are responsible for interviewing and hiring employees, creating schedules, monitoring stock levels at the warehouse and knowing when to replenish stock. Inventory managers lead a team of inventory or warehouse workers to receive and record new stock as it comes in and move stock onto trucks or shelves as needed. As detailed in the following job description, the obligations of an inventory manager range from specific inventory duties to more managerial tasks.Īn inventory manager is in charge of inventory in a warehouse or similar facility.

Inventory managers have a number of responsibilities – many of which require daily monitoring and evaluation. lists the median expected salary for an inventory manager in the United States at $78,760 this isn’t surprising considering these individuals are responsible for guaranteeing your organization stays in control of its inventory needs. Efficient inventory management is crucial to the success of a business, and as such it’s incredibly important to hire a capĪble inventory manager.