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Warehousing & Inventory Management Major

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Warehousing & Inventory Management

$50,020 Median Salary

Types of Degrees Warehousing & Inventory Management Majors Are Getting

The following table lists how many parts, warehousing, and inventory management operations graduations there were in 2018-2019 for each degree level.

Education Level Number of Grads
Basic Certificate 204
Undergraduate Certificate 15
Associate’s Degree 1

What Warehousing & Inventory Management Majors Need to Know

In an O*NET survey, parts, warehousing, and inventory management operations majors were asked to rate what knowledge areas, skills, and abilities were important in their occupations. These answers were weighted on a scale of 1 to 5 with 5 being the most important.

Knowledge Areas for Parts, Warehousing, and Inventory Management Operations Majors

This major prepares you for careers in which these knowledge areas are important:

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  • Production and Processing - Knowledge of raw materials, production processes, quality control, costs, and other techniques for maximizing the effective manufacture and distribution of goods.
  • Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  • Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.

Skills for Parts, Warehousing, and Inventory Management Operations Majors

When studying parts, warehousing, and inventory management operations, you’ll learn many skills that will help you be successful in a wide range of jobs - even those that do not require a degree in the field. The following is a list of some of the most common skills needed for careers associated with this major:

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  • Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  • Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
  • Speaking - Talking to others to convey information effectively.
  • Time Management - Managing one’s own time and the time of others.
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.

Abilities for Parts, Warehousing, and Inventory Management Operations Majors

As a parts, warehousing, and inventory management operations major, you will find yourself needing the following abilities:

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  • Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
  • Written Comprehension - The ability to read and understand information and ideas presented in writing.
  • Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
  • Problem Sensitivity - The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.
  • Written Expression - The ability to communicate information and ideas in writing so others will understand.

What Can You Do With a Warehousing & Inventory Management Major?

People with a parts, warehousing, and inventory management operations degree often go into the following careers:

Job Title Job Growth Rate Median Salary
Production, Planning, and Expediting Clerks 5.5% $47,580

How Much Do Warehousing & Inventory Management Majors Make?

Salaries According to BLS

Parts, Warehousing, and Inventory Management Operations majors often go into careers with median salaries of $50,020. This median refers to all degree levels, so you may expect those with a more advanced degree to make more while those with less advanced degrees will typically make less.

To put that into context, according to BLS data from the first quarter of 2020, the typical high school graduate makes between $30,000 and $57,900 a year (25th through 75th percentile). The average person with a bachelor’s degree (any field) makes between $45,600 and $99,000. Advanced degree holders make the most with salaries between $55,600 and $125,400.

Median Salary for a Warehousing & Inventory Management Major  50,020
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250K
Median Salary for a High School Graduate  ( 30000 to 57900 )
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250K
Median Salary for a Bachelor's Degree Holder  ( 45600 to 99000 )
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250K
Median Salary for an Advanced Degree Holder  ( 55600 to 125400 )
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250K

Some degrees associated with parts, warehousing, and inventory management operations may require an advanced degree, while others may not even require a bachelor’s in the field. In general, the more advanced your degree the more career options will open up to you. However, there is significant time and money that needs to be invested into your education so weigh the pros and cons.

Find out what the typical degree level is for parts, warehousing, and inventory management operations careers below.

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Education Level Percentage of Workers
High School Diploma - or the equivalent (for example, GED) 36.1%
Post-Secondary Certificate - awarded for training completed after high school (for example, in agriculture or natural resources, computer services, personal or culinary services, engineering technologies, healthcare, construction trades, mechanic and repair technologies, or precision production) 14.7%
Some College Courses 10.3%
Associate’s Degree (or other 2-year degree) 14.2%
Bachelor’s Degree 24.7%

Online Warehousing & Inventory Management Programs

In the 2018-2019 academic year, 16 schools offered some type of parts, warehousing, and inventory management operations program. The following table lists the number of programs by degree level, along with how many schools offered online courses in the field.

Degree Level Colleges Offering Programs Colleges Offering Online Classes
Certificate (Less Than 1 Year) 10 0
Certificate (1-2 years) 6 0
Certificate (2-4 Years) 0 0
Associate’s Degree 3 0
Bachelor’s Degree 0 0
Post-Baccalaureate 10 0
Master’s Degree 0 0
Post-Master’s 0 0
Doctor’s Degree (Research) 0 0
Doctor’s Degree (Professional Practice) 0 0
Doctor’s Degree (Other) 0 0

Is a Degree in Warehousing & Inventory Management Worth It?

The median salary for a parts, warehousing, and inventory management operations grad is $50,020 per year. This is based on the weighted average of the most common careers associated with the major.

This is 25% more than the average salary for an individual holding a high school degree. This adds up to a gain of about $202,400 after 20 years!

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You may also be interested in one of the following majors related to parts, warehousing, and inventory management operations.

Major Number of Grads
General Administrative Assistant and Secretarial Science 8,619
Customer Service Support/Call Center/Teleservice Operation 2,911
General Office Occupations and Clerical Services 2,517
Business & Office Technology 2,375
Executive Assistant/Executive Secretary 2,022
Other Business Operations Support and Secretarial Services 475
Receptionist 208
Traffic, Customs, and Transportation Clerk/Technician 136

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

More about our data sources and methodologies.

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