Kerry Whisnant, an avid St. Louis Cardinals fan and professor of physics at Iowa State University, may be on to something that will greatly impact team winning percentages. Mathematical models that he and other fanatic baseball statisticians have helped produce may accurately predict teams' successes. Whisnant and other members of the Society for American Baseball Research have analyzed...
Inventory Control Specialist
The inventory control specialist maintains the perpetual master inventory listings of all property, coordinates the annual inventories of all property and equipment, and warehouses or disposes of surplus property owned by an agency.
Low-end Salary:
$63,547/yr
Median Salary:
$75,896/yr
High-end Salary:
$90,247/yr Education:
Most employers desire their inventory control specialists have a bachelor’s degree in a field such as mathematics, business, or engineering.
Math Required:
College Algebra
Trigonometry
Calculus I, II, III
Ordinary Differential Equations
Linear Algebra
Linear Programming
When Math Is Used:
Inventory Control Specialists monitor, order, and store all parts and inventory, including monitoring the intake of parts to maintain all equipment used, providing computer records of inventory, and verifying parts requests and job procedures. Some of their duties include the following:
- Maintain a computerized inventory system
- Determine purchase requirements, including coordinating bid specifications, soliciting bids, analyzing proposed bids, and recommending the award of bids
- Reviews and processes requisitions
- Establishes and maintains positive and equitable relationships with vendors and outside services
Potential Employers:
Inventory control specialists are employed in manufacturing industries, those who create transportation equipment and computer and electronic product, and merchandising industries, such as Costco and Wal-Mart.
Facts:
According to Wall Street Journal article, Troubled Dealership, Amazing Auto Deals, car dealers always say it's a great time to buy a new car. Right now, they might actually be right. Chrysler and General Motors said they were closing nearly 2,000 dealerships across the country as part of their restructuring plans. And that, of course, means a lot of inventory must be sold quickly. This hits an industry already struggling with a collapse in sales. It's the biggest buyer's market in living memory.
Citations:
http://www1.ous.edu/owpd/plsql/owpd_pos_desc?p_pos_id=719
http://swz.salary.com/salarywizard/layouthtmls/swzl_compresult_national_...
http://inventory.control.specialist.jobs.com/jobsearch.asp?re=5&pg=5&sq=... http://www.bls.gov/oco/ocos016.htm
http://online.wsj.com/article/SB124265334571030421.html?mod=relevancy
http://saas.byu.edu/catalog/2008-2009ucat/departments/ECEn/ElectricalEng...
http://www.eurekawebs.com/cityhall/human/previewjob.cfm?RecordID=57
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"I feel my training in mathematics provided me with the invaluable ability to apply logic, reason, and careful quantitative, as well as qualitative, analysis to my work. These thought processes are desired and applicable to almost any field."
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Figures represent salary potential.
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