Home > Salary > Singapore > 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: 162,128 SGD
Estimated Monthly Salary: 13,511 SGD
Estimated Weekly Salary: 3,118 SGD per week
Estimated Hourly Salary: 78 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 13,063 SGD
Estimated Weekly Salary: 3,014 SGD per week
Estimated Hourly Salary: 75 SGD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 81,160 USD
Estimated Monthly Salary: 6,763 USD
Estimated Weekly Salary: 1,561 USD per week
Estimated Hourly Salary: 39 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: 162,128 SGD
Estimated Monthly Salary: 13,511 SGD
Estimated Weekly Salary: 3,118 SGD per week
Estimated Hourly Salary: 78 SGD per hour
By working as Inventory Planner a person can save up to 4,075 USD per month or 48,904 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 Singapore, see costs of living in Singapore.
Estimated Yearly Salary for Inventory Planner
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Designated hitter (64,458 SGD per year, pre-tax.)
Legal support supervisor (93,469 SGD per year, pre-tax.)
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Inventory Planner salary in Singapore
Average Yearly Salary of Inventory Planner in Singapore is approximately 162,128 SGD (81,160 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?
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.
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: 162,128 SGD
Estimated Monthly Salary: 13,511 SGD
Estimated Weekly Salary: 3,118 SGD per week
Estimated Hourly Salary: 78 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 156,750 SGDEstimated Monthly Salary: 13,063 SGD
Estimated Weekly Salary: 3,014 SGD per week
Estimated Hourly Salary: 75 SGD per hour
Last revision of data: 2024-01-03Inventory Planner estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 81,160 USD
Estimated Monthly Salary: 6,763 USD
Estimated Weekly Salary: 1,561 USD per week
Estimated Hourly Salary: 39 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
Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Inventory Planner job salary compared to average salary in Singapore.
Comparison shows that a person working as Inventory Planner in Singapore earns on average:
1.7 times the average salary (or 170% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Inventory Planner job salary compared to average salary in Singapore.
Comparison shows that a person working as Inventory Planner in Singapore earns on average:
1.7 times the average salary (or 170% 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 178,341 SGD and 235,086 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Inventory Planner in Singapore?
Living in Singapore the approximate monthly expenses are: 2,688 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: 162,128 SGD
Estimated Monthly Salary: 13,511 SGD
Estimated Weekly Salary: 3,118 SGD per week
Estimated Hourly Salary: 78 SGD per hour
By working as Inventory Planner a person can save up to 4,075 USD per month or 48,904 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 Singapore, see costs of living in Singapore.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Indonesia. 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
Malaysia is 21,508 USD
Indonesia is 12,746 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 Singapore
(1,400,313 SGD per year, pre-tax.)
2. Cardiologist
(1,169,524 SGD per year, pre-tax.)
(1,129,281 SGD per year, pre-tax.)
(1,093,464 SGD per year, pre-tax.)
5. Neurosurgeon
(1,091,467 SGD per year, pre-tax.)
(1,068,249 SGD per year, pre-tax.)
7. Oncologist
(1,067,130 SGD per year, pre-tax.)
(1,066,002 SGD per year, pre-tax.)
(1,063,823 SGD per year, pre-tax.)
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Data as of 2025Random salary:
Designated hitter (64,458 SGD per year, pre-tax.)
Legal support supervisor (93,469 SGD per year, pre-tax.)
Customer relationship management (crm), administrator (79,219 SGD per year, pre-tax.)
Shift manager distribution center (dc) (104,915 SGD per year, pre-tax.)
Aircrewman (183,836 SGD per year, pre-tax.)
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