Home > Salary > Sri Lanka > Inventory Control Specialist
An inventory control specialist is responsible for managing and maintaining accurate inventory levels within a company or organization. They monitor inventory levels, track incoming and outgoing shipments, and ensure that stock levels are optimized to meet customer demand. Additionally, they may collaborate with other departments such as purchasing and sales to forecast future inventory needs and make recommendations for replenishment or reduction of stock.
The main tasks of an inventory control specialist include conducting regular inventory audits, identifying and resolving discrepancies, implementing inventory management systems, and analyzing data to identify trends and patterns. They must also have strong organizational and problem-solving skills to effectively manage inventory and address any issues that may arise.
Estimated Yearly Salary: 1,361,809 LKR
Estimated Monthly Salary: 113,484 LKR
Estimated Weekly Salary: 26,189 LKR per week
Estimated Hourly Salary: 655 LKR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 109,623 LKR
Estimated Weekly Salary: 25,298 LKR per week
Estimated Hourly Salary: 632 LKR per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 3,934 USD
Estimated Monthly Salary: 328 USD
Estimated Weekly Salary: 76 USD per week
Estimated Hourly Salary: 2 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: 1,361,809 LKR
Estimated Monthly Salary: 113,484 LKR
Estimated Weekly Salary: 26,189 LKR per week
Estimated Hourly Salary: 655 LKR per hour
By working as Inventory Control Specialist a person can save up to 103 USD per month or 1,241 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 Sri Lanka, see costs of living in Sri Lanka.
Estimated Yearly Salary for Inventory Control Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Inventory Control Specialist salary in Sri Lanka
Average Yearly Salary of Inventory Control Specialist in Sri Lanka is approximately 1,361,809 LKR (3,934 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 Control Specialist do?
An inventory control specialist is responsible for managing and maintaining accurate inventory levels within a company or organization. They monitor inventory levels, track incoming and outgoing shipments, and ensure that stock levels are optimized to meet customer demand. Additionally, they may collaborate with other departments such as purchasing and sales to forecast future inventory needs and make recommendations for replenishment or reduction of stock.
The main tasks of an inventory control specialist include conducting regular inventory audits, identifying and resolving discrepancies, implementing inventory management systems, and analyzing data to identify trends and patterns. They must also have strong organizational and problem-solving skills to effectively manage inventory and address any issues that may arise.
Skills: Inventory control, Inventory management, Supply chain, Data analysis, Auditing, Forecasting
Job industry: Supply chain management
Job industry: Supply chain management
How much does Inventory Control Specialist make?
Salary details
How much does Inventory Control Specialist make?Estimated Yearly Salary: 1,361,809 LKR
Estimated Monthly Salary: 113,484 LKR
Estimated Weekly Salary: 26,189 LKR per week
Estimated Hourly Salary: 655 LKR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,315,477 LKREstimated Monthly Salary: 109,623 LKR
Estimated Weekly Salary: 25,298 LKR per week
Estimated Hourly Salary: 632 LKR per hour
Last revision of data: 2024-01-07Inventory Control Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 3,934 USD
Estimated Monthly Salary: 328 USD
Estimated Weekly Salary: 76 USD per week
Estimated Hourly Salary: 2 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
Sri Lanka, officially known as the Democratic Socialist Republic of Sri Lanka, is an island country located in South Asia. It has a population of approximately 21 million people and covers an area of around 65,610 square kilometers. The country is known for its diverse landscapes, including sandy beaches, lush forests, and scenic mountains.
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Inventory Control Specialist job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Inventory Control Specialist in Sri Lanka earns on average:
0.76 times the average salary (or 76% of average salary).
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Inventory Control Specialist job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Inventory Control Specialist in Sri Lanka earns on average:
0.76 times the average salary (or 76% of average salary).
Is Inventory Control Specialist a well paid job?
No, our data shows that Inventory Control Specialist is typically not a well-paid job. The salary varies based on experience. Meaning that even though Inventory Control Specialist might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Inventory Control Specialist?
High salary for Inventory Control Specialist would be somewhere between 1,497,990 LKR and 1,974,623 LKR. However this is an estimation based on Gaussian Distribution.How much can you save working as Inventory Control Specialist in Sri Lanka?
Living in Sri Lanka the approximate monthly expenses are: 224 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: 1,361,809 LKR
Estimated Monthly Salary: 113,484 LKR
Estimated Weekly Salary: 26,189 LKR per week
Estimated Hourly Salary: 655 LKR per hour
By working as Inventory Control Specialist a person can save up to 103 USD per month or 1,241 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 Sri Lanka, see costs of living in Sri Lanka.
Salary comparison to region and neighbouring coutries
Country's neighbours are: India, Maldives. 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 Control Specialist
India is 15,676 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 Sri Lanka
(20,273,886 LKR per year, pre-tax.)
2. Cardiologist
(16,965,724 LKR per year, pre-tax.)
(16,365,126 LKR per year, pre-tax.)
4. Neurosurgeon
(15,798,117 LKR per year, pre-tax.)
(15,785,379 LKR per year, pre-tax.)
6. Urologist
(15,470,862 LKR per year, pre-tax.)
(15,460,527 LKR per year, pre-tax.)
(15,421,430 LKR per year, pre-tax.)
(15,391,640 LKR per year, pre-tax.)
10. Oncologist
(15,389,631 LKR per year, pre-tax.)
Data as of 2025Random salary:
Director housekeeping (2,239,317 LKR per year, pre-tax.)
Qa consultant (2,034,702 LKR per year, pre-tax.)
Lead ultrasonographer (2,546,286 LKR per year, pre-tax.)
Html developer (1,867,207 LKR per year, pre-tax.)
Civil engineering assistant (2,376,603 LKR per year, pre-tax.)
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