Home > Salary > Monaco > Inventory Manager
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: 208,147 EUR
Estimated Monthly Salary: 17,346 EUR
Estimated Weekly Salary: 4,003 EUR per week
Estimated Hourly Salary: 100 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 16,733 EUR
Estimated Weekly Salary: 3,862 EUR per week
Estimated Hourly Salary: 97 EUR per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 207,798 USD
Estimated Monthly Salary: 17,317 USD
Estimated Weekly Salary: 3,996 USD per week
Estimated Hourly Salary: 100 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 208,147 EUR
Estimated Monthly Salary: 17,346 EUR
Estimated Weekly Salary: 4,003 EUR per week
Estimated Hourly Salary: 100 EUR per hour
By working as Inventory Manager a person can save up to 9,873 USD per month or 118,480 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 Monaco, see costs of living in Monaco.
Estimated Yearly Salary for Inventory Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Assistant human resources (hr), manager (180,538 EUR per year, pre-tax.)
Retail store designer (231,223 EUR per year, pre-tax.)
Construction scheduler (248,666 EUR per year, pre-tax.)
Food safety and quality technician (160,233 EUR per year, pre-tax.)
Marine engineer (293,707 EUR per year, pre-tax.)
Inventory Manager salary in Monaco
Average Yearly Salary of Inventory Manager in Monaco is approximately 208,147 EUR (207,798 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: 208,147 EUR
Estimated Monthly Salary: 17,346 EUR
Estimated Weekly Salary: 4,003 EUR per week
Estimated Hourly Salary: 100 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 200,799 EUREstimated Monthly Salary: 16,733 EUR
Estimated Weekly Salary: 3,862 EUR per week
Estimated Hourly Salary: 97 EUR per hour
Last revision of data: 2024-01-06Inventory Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 207,798 USD
Estimated Monthly Salary: 17,317 USD
Estimated Weekly Salary: 3,996 USD per week
Estimated Hourly Salary: 100 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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 Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Inventory Manager in Monaco earns on average:
1.22 times the average salary (or 122% 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 Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Inventory Manager in Monaco earns on average:
1.22 times the average salary (or 122% of average salary).
Is Inventory Manager a well paid job?
Yes, our data shows that Inventory Manager 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 Manager?
High salary for Inventory Manager would be somewhere between 228,962 EUR and 301,813 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Inventory Manager 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: 208,147 EUR
Estimated Monthly Salary: 17,346 EUR
Estimated Weekly Salary: 4,003 EUR per week
Estimated Hourly Salary: 100 EUR per hour
By working as Inventory Manager a person can save up to 9,873 USD per month or 118,480 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 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 Manager
France is 51,362 USD
Italy is 42,148 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:
Assistant human resources (hr), manager (180,538 EUR per year, pre-tax.)
Retail store designer (231,223 EUR per year, pre-tax.)
Construction scheduler (248,666 EUR per year, pre-tax.)
Food safety and quality technician (160,233 EUR per year, pre-tax.)
Marine engineer (293,707 EUR per year, pre-tax.)
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