Home > Salary > Monaco > Inventory Management Director
The occupation of an Inventory Management Director involves overseeing and managing the inventory control processes within an organization. They are responsible for developing and implementing inventory management strategies to optimize stock levels, minimize costs, and maximize efficiency. The director collaborates with various departments, such as purchasing, sales, and logistics, to ensure accurate forecasting and planning of inventory needs. They monitor inventory levels, track product movement, and analyze data to identify trends and make informed decisions. Additionally, the Inventory Management Director is responsible for implementing inventory control systems, training staff on best practices, and ensuring compliance with company policies and industry regulations.
Estimated Yearly Salary: 526,677 EUR
Estimated Monthly Salary: 43,890 EUR
Estimated Weekly Salary: 10,128 EUR per week
Estimated Hourly Salary: 253 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 42,425 EUR
Estimated Weekly Salary: 9,790 EUR per week
Estimated Hourly Salary: 245 EUR per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 524,898 USD
Estimated Monthly Salary: 43,742 USD
Estimated Weekly Salary: 10,094 USD per week
Estimated Hourly Salary: 252 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: 526,677 EUR
Estimated Monthly Salary: 43,890 EUR
Estimated Weekly Salary: 10,128 EUR per week
Estimated Hourly Salary: 253 EUR per hour
By working as Inventory Management Director a person can save up to 36,298 USD per month or 435,580 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 Monaco, see costs of living in Monaco.
Estimated Yearly Salary for Inventory Management Director
Last revision of data: 2025-01-04
Data as of 2025
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Inventory Management Director salary in Monaco
Average Yearly Salary of Inventory Management Director in Monaco is approximately 526,677 EUR (524,898 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 Management Director do?
The occupation of an Inventory Management Director involves overseeing and managing the inventory control processes within an organization. They are responsible for developing and implementing inventory management strategies to optimize stock levels, minimize costs, and maximize efficiency. The director collaborates with various departments, such as purchasing, sales, and logistics, to ensure accurate forecasting and planning of inventory needs. They monitor inventory levels, track product movement, and analyze data to identify trends and make informed decisions. Additionally, the Inventory Management Director is responsible for implementing inventory control systems, training staff on best practices, and ensuring compliance with company policies and industry regulations.
Skills: Inventory Management, Supply Chain Management, Logistics, Forecasting, Cost Optimization, Inventory Control
Job industry: Supply chain management
Job industry: Supply chain management
How much does Inventory Management Director make?
Salary details
How much does Inventory Management Director make?Estimated Yearly Salary: 526,677 EUR
Estimated Monthly Salary: 43,890 EUR
Estimated Weekly Salary: 10,128 EUR per week
Estimated Hourly Salary: 253 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 509,096 EUREstimated Monthly Salary: 42,425 EUR
Estimated Weekly Salary: 9,790 EUR per week
Estimated Hourly Salary: 245 EUR per hour
Last revision of data: 2024-01-09Inventory Management Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 524,898 USD
Estimated Monthly Salary: 43,742 USD
Estimated Weekly Salary: 10,094 USD per week
Estimated Hourly Salary: 252 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
Monaco is a small sovereign city-state located on the French Riviera. With a population of approximately 38,000 people, it is the second smallest country in the world by population. Covering an area of just 2.02 square kilometers, Monaco is also one of the most densely populated countries globally.
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Inventory Management Director job salary compared to average salary in Monaco.
Comparison shows that a person working as Inventory Management Director in Monaco earns on average:
3.09 times the average salary (or 309% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Inventory Management Director job salary compared to average salary in Monaco.
Comparison shows that a person working as Inventory Management Director in Monaco earns on average:
3.09 times the average salary (or 309% of average salary).
Is Inventory Management Director a well paid job?
Yes, our data show that Inventory Management Director is a very 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 Management Director?
High salary for Inventory Management Director would be somewhere between 579,345 EUR and 763,682 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Inventory Management Director in Monaco?
Living in Monaco the approximate monthly expenses are: 7,443 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: 526,677 EUR
Estimated Monthly Salary: 43,890 EUR
Estimated Weekly Salary: 10,128 EUR per week
Estimated Hourly Salary: 253 EUR per hour
By working as Inventory Management Director a person can save up to 36,298 USD per month or 435,580 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 Monaco, see costs of living in Monaco.
Salary comparison to region and neighbouring coutries
Country's neighbours are: France, Italy. 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 Management Director
France is 130,087 USD
Italy is 107,029 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 Monaco
(1,948,030 EUR per year, pre-tax.)
2. Cardiologist
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
4. Neurosurgeon
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
7. Urologist
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
9. Oncologist
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)
Data as of 2025Random salary:
Allocation analyst (142,969 EUR per year, pre-tax.)
News anchor (183,944 EUR per year, pre-tax.)
Associate store manager (200,799 EUR per year, pre-tax.)
Mobile applications developer (228,227 EUR per year, pre-tax.)
Assistant to general counsel (108,356 EUR per year, pre-tax.)
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