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Inventory Manager

Inventory Managers oversee stock levels and warehouse functions, focusing on efficiency, waste reduction, and improving financial performance.

How do I become a inventory manager

Get qualified to work as a inventory manager with a course recognised across Australia. Speak to a training provider to learn more.

Common questions

Salaries for Inventory Managers working in Australia right now start at $72,800. Increase your employability and earning capacity by obtaining post-graduate qualifications in business administration, logistics, and supply chain management.

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There are no clear employment figures for Inventory Managers currently working in Australia. They are employed in the warehouse and logistics departments of industrial, manufacturing, wholesale, and retail organisations

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Inventory Managers need leadership and organisational skills as well as a thorough understanding of warehousing and logistics software tools. You could launch your career with a VET Diploma of Logistics but you will be qualified for more career opportunities with the Bachelor of Business (Logistics and Supply Chain Management), Master of Business Administration (Logistics), or Master of Logistics and Supply Chain Management.

Source: Australian Government Labour Market Insights 2023

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Further reading

How to start a career in Warehousing

3rd November 2021

How to start a career in Logistics

14th October 2021

How do I become a sales manager?

22nd December 2022

Inventory Manager careers

Inventory Managers oversee the organisation’s inventory and warehouse functions, ensuring that product stock is adequate for all distribution channels and can cover future customer demands. They are focused on waste reduction, lifecycle efficiencies, and strategies that will improve profitability and overall financial performance.

As Inventory Manager you could be organising a stock transfer between warehouses to maintain adequate inventory levels, carrying out a review of inactive inventory items and identifying obsolete items, arranging the disposal of surplus inventory, developing a report that monitors Inventory Management Key Performance Indicators (KPIs), or preparing a weekly stock report to submit to senior management.

To succeed in this job role you will need to be proficient in inventory planning software, have outstanding attention to detail, and be able to make sound decisions using inventory models and forecasting tools.