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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.
Estimated Yearly Salary: 2,248,280 INR
Estimated Monthly Salary: 187,357 INR
Estimated Weekly Salary: 43,236 INR per week
Estimated Hourly Salary: 1,081 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 181,125 INR
Estimated Weekly Salary: 41,798 INR per week
Estimated Hourly Salary: 1,045 INR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 24,933 USD
Estimated Monthly Salary: 2,078 USD
Estimated Weekly Salary: 479 USD per week
Estimated Hourly Salary: 12 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: 2,248,280 INR
Estimated Monthly Salary: 187,357 INR
Estimated Weekly Salary: 43,236 INR per week
Estimated Hourly Salary: 1,081 INR per hour
By working as Inventory Manager a person can save up to 1,183 USD per month or 14,191 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 India, see costs of living in India.
Estimated Yearly Salary for Inventory Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Inventory Manager salary in India
Average Yearly Salary of Inventory Manager in India is approximately 2,248,280 INR (24,933 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 Manager do?
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.
Skills: Inventory management, Supply chain, Data analysis, Forecasting, Vendor management, Inventory optimization
Job industry: Retail
Job industry: Retail
How much does Inventory Manager make?
Salary details
How much does Inventory Manager make?Estimated Yearly Salary: 2,248,280 INR
Estimated Monthly Salary: 187,357 INR
Estimated Weekly Salary: 43,236 INR per week
Estimated Hourly Salary: 1,081 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,173,500 INREstimated Monthly Salary: 181,125 INR
Estimated Weekly Salary: 41,798 INR per week
Estimated Hourly Salary: 1,045 INR per hour
Last revision of data: 2024-01-08Inventory Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 24,933 USD
Estimated Monthly Salary: 2,078 USD
Estimated Weekly Salary: 479 USD per week
Estimated Hourly Salary: 12 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
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Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Inventory Manager job salary compared to average salary in India.
Comparison shows that a person working as Inventory Manager in India earns on average:
1.21 times the average salary (or 121% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Inventory Manager job salary compared to average salary in India.
Comparison shows that a person working as Inventory Manager in India earns on average:
1.21 times the average salary (or 121% of average salary).
Is Inventory Manager a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Inventory Manager?
High salary for Inventory Manager would be somewhere between 2,473,108 INR and 3,260,006 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Inventory Manager in India?
Living in India the approximate monthly expenses are: 895 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: 2,248,280 INR
Estimated Monthly Salary: 187,357 INR
Estimated Weekly Salary: 43,236 INR per week
Estimated Hourly Salary: 1,081 INR per hour
By working as Inventory Manager a person can save up to 1,183 USD per month or 14,191 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 India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. 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 Manager
Pakistan is 1,759 USD
China is 14,342 USD
Nepal is 8,179 USD
Bangladesh is 3,145 USD
Afghanistan is 6,716 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 India
(21,041,458 INR per year, pre-tax.)
2. Cardiologist
(17,441,897 INR per year, pre-tax.)
(16,859,303 INR per year, pre-tax.)
4. Neurosurgeon
(16,443,049 INR per year, pre-tax.)
(16,347,274 INR per year, pre-tax.)
(16,022,930 INR per year, pre-tax.)
7. Urologist
(16,021,806 INR per year, pre-tax.)
(15,990,052 INR per year, pre-tax.)
9. Oncologist
(15,984,385 INR per year, pre-tax.)
(15,947,550 INR per year, pre-tax.)
Data as of 2025Random salary:
Finance administrator (1,665,743 INR per year, pre-tax.)
Radiology transporter (878,220 INR per year, pre-tax.)
Maintenance generalist (1,207,530 INR per year, pre-tax.)
Finance officer (1,998,859 INR per year, pre-tax.)
Certified records manager (1,749,896 INR per year, pre-tax.)
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