Home > Salary > Norway > 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: 2,963,628 NOK
Estimated Monthly Salary: 246,969 NOK
Estimated Weekly Salary: 56,993 NOK per week
Estimated Hourly Salary: 1,425 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 239,531 NOK
Estimated Weekly Salary: 55,276 NOK per week
Estimated Hourly Salary: 1,382 NOK per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 270,291 USD
Estimated Monthly Salary: 22,524 USD
Estimated Weekly Salary: 5,198 USD per week
Estimated Hourly Salary: 130 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: 2,963,628 NOK
Estimated Monthly Salary: 246,969 NOK
Estimated Weekly Salary: 56,993 NOK per week
Estimated Hourly Salary: 1,425 NOK per hour
By working as Inventory Management Director a person can save up to 18,704 USD per month or 224,446 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 Norway, see costs of living in Norway.
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 Norway
Average Yearly Salary of Inventory Management Director in Norway is approximately 2,963,628 NOK (270,291 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: 2,963,628 NOK
Estimated Monthly Salary: 246,969 NOK
Estimated Weekly Salary: 56,993 NOK per week
Estimated Hourly Salary: 1,425 NOK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,874,366 NOKEstimated Monthly Salary: 239,531 NOK
Estimated Weekly Salary: 55,276 NOK per week
Estimated Hourly Salary: 1,382 NOK 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: 270,291 USD
Estimated Monthly Salary: 22,524 USD
Estimated Weekly Salary: 5,198 USD per week
Estimated Hourly Salary: 130 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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Salary comparison to National average
Norway, located in Northern Europe, is a country known for its stunning natural landscapes, including fjords, mountains, and forests. With a population of approximately 5.4 million people, it is one of the least densely populated countries in Europe. The size of Norway is around 323,802 square kilometers, making it larger than many European countries.
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Inventory Management Director job salary compared to average salary in Norway.
Comparison shows that a person working as Inventory Management Director in Norway earns on average:
3.03 times the average salary (or 303% of average salary).
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Inventory Management Director job salary compared to average salary in Norway.
Comparison shows that a person working as Inventory Management Director in Norway earns on average:
3.03 times the average salary (or 303% 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 3,259,991 NOK and 4,297,261 NOK. However this is an estimation based on Gaussian Distribution.How much can you save working as Inventory Management Director in Norway?
Living in Norway the approximate monthly expenses are: 3,820 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: 2,963,628 NOK
Estimated Monthly Salary: 246,969 NOK
Estimated Weekly Salary: 56,993 NOK per week
Estimated Hourly Salary: 1,425 NOK per hour
By working as Inventory Management Director a person can save up to 18,704 USD per month or 224,446 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 Norway, see costs of living in Norway.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Sweden, Finland, Russia, Denmark. 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
Sweden is 178,587 USD
Finland is 153,481 USD
Russia is 36,282 USD
Denmark is 206,987 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 Norway
(10,937,756 NOK per year, pre-tax.)
2. Cardiologist
(9,106,184 NOK per year, pre-tax.)
(8,829,745 NOK per year, pre-tax.)
4. Neurosurgeon
(8,566,101 NOK per year, pre-tax.)
(8,524,526 NOK per year, pre-tax.)
6. Oncologist
(8,361,766 NOK per year, pre-tax.)
7. Urologist
(8,317,150 NOK per year, pre-tax.)
(8,311,831 NOK per year, pre-tax.)
(8,311,163 NOK per year, pre-tax.)
(8,310,747 NOK per year, pre-tax.)
Data as of 2025Random salary:
Project controller information technology (it) (1,545,973 NOK per year, pre-tax.)
French translator (1,078,011 NOK per year, pre-tax.)
Transit police officer (1,248,225 NOK per year, pre-tax.)
Ophthalmology clinic manager (1,110,813 NOK per year, pre-tax.)
Resort reservation clerk (379,865 NOK per year, pre-tax.)
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