Home > Salary > Iceland > Warehouse Inventory Manager
A warehouse inventory manager is responsible for overseeing the efficient and effective management of inventory within a warehouse facility. They are responsible for ensuring accurate inventory counts, organizing and maintaining stock levels, and implementing strategies to optimize inventory control processes. This occupation requires strong organizational skills, attention to detail, and the ability to analyze data to make informed decisions. Warehouse inventory managers collaborate with other teams, such as procurement and logistics, to ensure smooth operations and minimize stockouts or overstock situations. They may also be involved in implementing inventory management systems and training staff on proper inventory handling procedures. Overall, a warehouse inventory manager plays a crucial role in maintaining inventory accuracy, reducing costs, and improving overall warehouse efficiency.
Estimated Yearly Salary: 6,041,334 ISK
Estimated Monthly Salary: 503,445 ISK
Estimated Weekly Salary: 116,180 ISK per week
Estimated Hourly Salary: 2,904 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 487,368 ISK
Estimated Weekly Salary: 112,470 ISK per week
Estimated Hourly Salary: 2,812 ISK per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 42,226 USD
Estimated Monthly Salary: 3,519 USD
Estimated Weekly Salary: 812 USD per week
Estimated Hourly Salary: 20 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 6,041,334 ISK
Estimated Monthly Salary: 503,445 ISK
Estimated Weekly Salary: 116,180 ISK per week
Estimated Hourly Salary: 2,904 ISK per hour
By working as Warehouse Inventory Manager a person can save up to 790 USD per month or 9,480 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.
Estimated Yearly Salary for Warehouse Inventory Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Warehouse Inventory Manager salary in Iceland
Average Yearly Salary of Warehouse Inventory Manager in Iceland is approximately 6,041,334 ISK (42,226 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 Warehouse Inventory Manager do?
A warehouse inventory manager is responsible for overseeing the efficient and effective management of inventory within a warehouse facility. They are responsible for ensuring accurate inventory counts, organizing and maintaining stock levels, and implementing strategies to optimize inventory control processes. This occupation requires strong organizational skills, attention to detail, and the ability to analyze data to make informed decisions. Warehouse inventory managers collaborate with other teams, such as procurement and logistics, to ensure smooth operations and minimize stockouts or overstock situations. They may also be involved in implementing inventory management systems and training staff on proper inventory handling procedures. Overall, a warehouse inventory manager plays a crucial role in maintaining inventory accuracy, reducing costs, and improving overall warehouse efficiency.
Skills: Warehouse management, Inventory control, Supply chain management, Data analysis, Logistics, Inventory optimization.
Job industry: Logistics
Job industry: Logistics
How much does Warehouse Inventory Manager make?
Salary details
How much does Warehouse Inventory Manager make?Estimated Yearly Salary: 6,041,334 ISK
Estimated Monthly Salary: 503,445 ISK
Estimated Weekly Salary: 116,180 ISK per week
Estimated Hourly Salary: 2,904 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 5,848,414 ISKEstimated Monthly Salary: 487,368 ISK
Estimated Weekly Salary: 112,470 ISK per week
Estimated Hourly Salary: 2,812 ISK per hour
Last revision of data: 2024-01-08Warehouse Inventory Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 42,226 USD
Estimated Monthly Salary: 3,519 USD
Estimated Weekly Salary: 812 USD per week
Estimated Hourly Salary: 20 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Warehouse Inventory Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Warehouse Inventory Manager in Iceland earns on average:
0.68 times the average salary (or 68% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Warehouse Inventory Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Warehouse Inventory Manager in Iceland earns on average:
0.68 times the average salary (or 68% of average salary).
Is Warehouse Inventory Manager a well paid job?
No, our data shows that Warehouse Inventory Manager is typically not a well-paid job. The salary varies based on experience. Meaning that even though Warehouse Inventory Manager might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Warehouse Inventory Manager?
High salary for Warehouse Inventory Manager would be somewhere between 6,645,467 ISK and 8,759,934 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Warehouse Inventory Manager 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: 6,041,334 ISK
Estimated Monthly Salary: 503,445 ISK
Estimated Weekly Salary: 116,180 ISK per week
Estimated Hourly Salary: 2,904 ISK per hour
By working as Warehouse Inventory Manager a person can save up to 790 USD per month or 9,480 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 Warehouse Inventory Manager
Norway is 59,138 USD
United Kingdom is 27,896 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Land development manager (17,641,841 ISK per year, pre-tax.)
Watershed manager (10,201,378 ISK per year, pre-tax.)
Transportation specialist (7,249,508 ISK per year, pre-tax.)
Tailor (8,400,392 ISK per year, pre-tax.)
Website tester (9,991,630 ISK per year, pre-tax.)
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