Employment Outlook

Inventory Clerk

An Inventory Clerk is responsible for managing incoming and outgoing supplies and products within a business. These supplies might involve tasks such as stocking products to businesses or ordering the necessary materials for a business. 

 

Average wage for

Employment Levels

There are currently 134 000 people employed in similar roles to Inventory Clerks in Australia. According to the Department of Employment, over the next 5 years (up until the year 2018) there will be up to 50 000 job openings within this profession. The demand is expected to be high. 

Employment by State

The majority of Inventory Clerks are hired in NSW. Inventory Clerk positions are much higher in VIC than the average for all occupations, while the population in NSW, QLD, SA, WA, TAS, NT and ACT remains close to the national average.

Gender Split

This is a female dominated industry. 82% of Inventory Clerks are female and 18% are male.

Age Brackets

The median age for people in similar roles to Inventory Clerks is 42 years. Inventory Clerks are 2 years older than the average age for all occupations.

Hours Worked

Inventory Clerks work an average of 37.2 hours a week. This is 3.9 hours less per week than the average for all occupations.

Education Level

The majority of workers employed in similar professions have a qualification that is Year 12 or above. 14.5% of similar professions to Inventory Clerks hold an Advanced Diploma, 16% have Bachelor degrees and 5.3% of Inventory Clerks hold post graduate qualifications.

Inventory Clerk Duties & Tasks

Provide and handle documentation related to accounts payable and receivable

Reconcile invoices and despatch payments

Calculate and examine the costs of proposed expenditure, wages and standard costs

Prepare bank reconciliations

Allocate expenditure to budget accounts

Keep records of standard values for items including raw materials and packaging supplies

Record cost variations and contract price movements

Develop cost data for operating budgets, profit and loss calculations

Examine the costs of projected expenditures and estimates

 

 

*The information provided on this page is from the Department of Employment’s Job Outlook website. All salary ranges are from Payscale. Where jobs are not exact matches, job areas have been used. This information is to be used as a guide only. 

Get a Free Course Guide

Enter your details below to receive a free course guide and a consultation with an Education Advisor.