Home > Salary > Latvia > Inventory Planner
An inventory planner is responsible for managing and optimizing the inventory levels of a company. They analyze sales trends, demand patterns, and historical data to forecast future demand and determine the appropriate inventory levels needed to meet customer demands while minimizing costs. Inventory planners work closely with suppliers and vendors to ensure timely delivery of goods and maintain optimal stock levels. They also collaborate with other departments such as sales, marketing, and production to align inventory plans with business goals and objectives. Additionally, they monitor inventory turnover rates, identify slow-moving or obsolete products, and make recommendations for inventory adjustments or liquidations.
Estimated Yearly Salary: 25,858 EUR
Estimated Monthly Salary: 2,155 EUR
Estimated Weekly Salary: 497 EUR per week
Estimated Hourly Salary: 12 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,090 EUR
Estimated Weekly Salary: 482 EUR per week
Estimated Hourly Salary: 12 EUR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 25,956 USD
Estimated Monthly Salary: 2,163 USD
Estimated Weekly Salary: 499 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.
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Estimated Yearly Salary: 25,858 EUR
Estimated Monthly Salary: 2,155 EUR
Estimated Weekly Salary: 497 EUR per week
Estimated Hourly Salary: 12 EUR per hour
By working as Inventory Planner a person can save up to 1,303 USD per month or 15,636 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 Latvia, see costs of living in Latvia.
Estimated Yearly Salary for Inventory Planner
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Valve assembler (14,530 EUR per year, pre-tax.)
Inventory control planner (18,195 EUR per year, pre-tax.)
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Inventory Planner salary in Latvia
Average Yearly Salary of Inventory Planner in Latvia is approximately 25,858 EUR (25,956 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 Planner do?

Skills: inventory management, supply chain, demand forecasting, procurement, data analysis, cost optimization
Job industry: Retail
Job industry: Retail
How much does Inventory Planner make?
Salary details
How much does Inventory Planner make?Estimated Yearly Salary: 25,858 EUR
Estimated Monthly Salary: 2,155 EUR
Estimated Weekly Salary: 497 EUR per week
Estimated Hourly Salary: 12 EUR per hour
Comparing salary to last year:
Estimated Yearly Salary: 25,075 EUREstimated Monthly Salary: 2,090 EUR
Estimated Weekly Salary: 482 EUR per week
Estimated Hourly Salary: 12 EUR per hour
Inventory Planner estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 25,956 USD
Estimated Monthly Salary: 2,163 USD
Estimated Weekly Salary: 499 USD per week
Estimated Hourly Salary: 12 USD per hour
Difference in salary year over year or average salary increase is approximately
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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Country:
Salary comparison to National average
Latvia is a country located in Northern Europe, bordered by Estonia to the north, Lithuania to the south, Russia to the east, and Belarus to the southeast. It has a population of approximately 1.9 million people and covers an area of about 64,589 square kilometers.
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Inventory Planner job salary compared to average salary in Latvia.
Comparison shows that a person working as Inventory Planner in Latvia earns on average:
1.32 times the average salary (or 132% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Inventory Planner job salary compared to average salary in Latvia.
Comparison shows that a person working as Inventory Planner in Latvia earns on average:
1.32 times the average salary (or 132% of average salary).
Is Inventory Planner a well paid job?
Yes, our data shows that Inventory Planner is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Inventory Planner?
High salary for Inventory Planner would be somewhere between 28,444 EUR and 37,494 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Inventory Planner in Latvia?
Living in Latvia the approximate monthly expenses are: 860 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: 25,858 EUR
Estimated Monthly Salary: 2,155 EUR
Estimated Weekly Salary: 497 EUR per week
Estimated Hourly Salary: 12 EUR per hour
By working as Inventory Planner a person can save up to 1,303 USD per month or 15,636 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 Latvia, see costs of living in Latvia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Estonia, Russia, Belarus, Lithuania.. 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 Planner
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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
Top 10 highest salaries in Latvia
(224,317 EUR per year, pre-tax.)
2. Cardiologist
(186,760 EUR per year, pre-tax.)
(179,947 EUR per year, pre-tax.)
4. Neurosurgeon
(174,646 EUR per year, pre-tax.)
(174,433 EUR per year, pre-tax.)
6. Urologist
(170,871 EUR per year, pre-tax.)
(170,733 EUR per year, pre-tax.)
(170,497 EUR per year, pre-tax.)
(169,948 EUR per year, pre-tax.)
(169,943 EUR per year, pre-tax.)
Random salary:
Valve assembler (14,530 EUR per year, pre-tax.)
Inventory control planner (18,195 EUR per year, pre-tax.)
Senior electronic design automation (eda), engineer (35,267 EUR per year, pre-tax.)
Assistant spa manager (17,342 EUR per year, pre-tax.)
Diet technician registered (dtr) (12,130 EUR per year, pre-tax.)
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