Home > Salary > Norway > Inventory Specialist
An inventory specialist is responsible for managing and maintaining inventory levels within a company or organization. They play a crucial role in ensuring that the right amount of products or materials are available at any given time to meet customer demand. Their main duties include monitoring inventory levels, conducting regular audits, and reconciling discrepancies between actual stock and recorded data. They also collaborate with other departments to forecast future inventory needs, track inventory movement, and identify areas for improvement in the supply chain process. Additionally, inventory specialists may be involved in implementing inventory management systems, analyzing data to identify trends, and optimizing inventory turnover.
Estimated Yearly Salary: 654,009 NOK
Estimated Monthly Salary: 54,501 NOK
Estimated Weekly Salary: 12,577 NOK per week
Estimated Hourly Salary: 314 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 52,487 NOK
Estimated Weekly Salary: 12,112 NOK per week
Estimated Hourly Salary: 303 NOK per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 59,325 USD
Estimated Monthly Salary: 4,944 USD
Estimated Weekly Salary: 1,141 USD per week
Estimated Hourly Salary: 29 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: 654,009 NOK
Estimated Monthly Salary: 54,501 NOK
Estimated Weekly Salary: 12,577 NOK per week
Estimated Hourly Salary: 314 NOK per hour
By working as Inventory Specialist a person can save up to 1,123 USD per month or 13,480 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 Norway, see costs of living in Norway.
Estimated Yearly Salary for Inventory Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Food and beverage supervisor (474,840 NOK per year, pre-tax.)
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Inventory Specialist salary in Norway
Average Yearly Salary of Inventory Specialist in Norway is approximately 654,009 NOK (59,325 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 Specialist do?
An inventory specialist is responsible for managing and maintaining inventory levels within a company or organization. They play a crucial role in ensuring that the right amount of products or materials are available at any given time to meet customer demand. Their main duties include monitoring inventory levels, conducting regular audits, and reconciling discrepancies between actual stock and recorded data. They also collaborate with other departments to forecast future inventory needs, track inventory movement, and identify areas for improvement in the supply chain process. Additionally, inventory specialists may be involved in implementing inventory management systems, analyzing data to identify trends, and optimizing inventory turnover.
Skills: Inventory management, Supply chain, Auditing, Forecasting, Data analysis, Inventory control
Job industry: Retail
Job industry: Retail
How much does Inventory Specialist make?
Salary details
How much does Inventory Specialist make?Estimated Yearly Salary: 654,009 NOK
Estimated Monthly Salary: 54,501 NOK
Estimated Weekly Salary: 12,577 NOK per week
Estimated Hourly Salary: 314 NOK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 629,838 NOKEstimated Monthly Salary: 52,487 NOK
Estimated Weekly Salary: 12,112 NOK per week
Estimated Hourly Salary: 303 NOK per hour
Last revision of data: 2024-01-06Inventory Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 59,325 USD
Estimated Monthly Salary: 4,944 USD
Estimated Weekly Salary: 1,141 USD per week
Estimated Hourly Salary: 29 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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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 Specialist job salary compared to average salary in Norway.
Comparison shows that a person working as Inventory Specialist in Norway earns on average:
0.67 times the average salary (or 67% 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 Specialist job salary compared to average salary in Norway.
Comparison shows that a person working as Inventory Specialist in Norway earns on average:
0.67 times the average salary (or 67% of average salary).
Is Inventory Specialist a well paid job?
No, our data shows that Inventory Specialist is typically not a well-paid job. The salary varies based on experience. Meaning that even though Inventory Specialist might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Inventory Specialist?
High salary for Inventory Specialist would be somewhere between 719,410 NOK and 948,313 NOK. However this is an estimation based on Gaussian Distribution.How much can you save working as Inventory Specialist 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: 654,009 NOK
Estimated Monthly Salary: 54,501 NOK
Estimated Weekly Salary: 12,577 NOK per week
Estimated Hourly Salary: 314 NOK per hour
By working as Inventory Specialist a person can save up to 1,123 USD per month or 13,480 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 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 Specialist
Sweden is 39,177 USD
Finland is 33,651 USD
Russia is 7,983 USD
Denmark is 45,378 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:
Mobile applications developer (1,309,266 NOK per year, pre-tax.)
Compliance director (2,084,203 NOK per year, pre-tax.)
3d modeler (984,841 NOK per year, pre-tax.)
Food and beverage supervisor (474,840 NOK per year, pre-tax.)
Director hospice (1,855,172 NOK per year, pre-tax.)
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