Inventory Control Specialist

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.

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Quote Of The Day

"It should be evident that each step in my career has rested on a firm foundation in mathematics. For me, the study of mathematics was the key that opened the doors to the universe."

— Robert L. Stewart

NASA Astronaut

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Figures represent salary potential.

28
Jul

Here's an interesting story of a girl in Michigan with Grapheme-Color Synesthesia. In other words, she visualizes each digit, zero through nine, as a different color.

For her, and others with the same condition, it adds a new splash to math work.

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