Inventory Control Planner salary in Iceland

Average Yearly Salary of Inventory Control Planner in Iceland is approximately 10,271,670 ISK (71,821 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Inventory Control Planner do?

An inventory control manager is responsible for overseeing and managing all aspects of a company's inventory. Their primary role is to ensure that the right amount of stock is available at the right time to meet customer demand while minimizing costs and maximizing efficiency. They are in charge of monitoring inventory levels, analyzing data, forecasting future demand, and developing strategies to optimize inventory management processes. Additionally, they collaborate with other departments such as purchasing, sales, and logistics to coordinate inventory activities and maintain accurate records.

Skills: Inventory management, Supply chain, Data analysis, Forecasting, Cost optimization, Record keeping
Job industry: Supply chain management

How much does Inventory Control Planner make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Inventory Control Planner a well paid job?

Yes, our data show that Inventory Control Planner is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Inventory Control Planner?

High salary for Inventory Control Planner would be somewhere between 11,298,837 ISK and 14,893,922 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Inventory Control Planner in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 10,271,670 ISK
Estimated Monthly Salary: 855,973 ISK
Estimated Weekly Salary: 197,532 ISK per week
Estimated Hourly Salary: 4,938 ISK per hour
By working as Inventory Control Planner a person can save up to 3,256 USD per month or 39,075 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Inventory Control Planner

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

Data as of 2025

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