Average Inventory Control Manager Salary in Mexico for 2024

In this article, we will look at the average Inventory Control Manager salary for 2024 in Mexico and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Mexican peso. To keep things simple, we are using the MXN currency code instead of the currency symbol $.

How Much Does an Inventory Control Manager Make in Mexico?

An Inventory Control Manager working in Mexico will typically earn around 478,100 MXN per year, and this can range from the lowest average salary of about 258,400 MXN to the highest average salary of 721,600 MXN.

Average Annual Salary
478,100 MXN
Average Monthly Salary
39,841 MXN

Lowest Annual Salary
258,400 MXN
Lowest Monthly Salary
21,533 MXN

Highest Annual Salary
721,600 MXN
Highest Monthly Salary
60,133 MXN

These are average salaries for an Inventory Control Manager in Mexico and include benefits such as housing and transport. It's also possible for an Inventory Control Manager to earn more or less than the average salaries shown above.

Inventory Control Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Inventory Control Manager Salaries in Mexico

So we've looked at the average salaries an Inventory Control Manager will earn in Mexico. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Inventory Control Manager can earn between 258,400 MXN and 721,600 MXN on average in Mexico. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for an Inventory Control Manager in Mexico is 436,200 MXN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 436,200 MXN, and 50% of the population earn more than 436,200 MXN.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Inventory Control Manager salary in Mexico, 25% of the population are earning less than 314,500 MXN while 75% of the population earn more than 314,500 MXN.

75% of the population earn less than 531,700 MXN, and 25% of the population earn more than 531,700 MXN.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Inventory Control Manager Salary by Experience Level in Mexico

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average inventory control manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. An Inventory Control Manager in Mexico that has less than two years of experience can expect to earn somewhere in the region of 297,000 MXN.
  • 2 - 5 Years Experience. With two to five years of experience the average Inventory Control Manager salary would increase to 378,300 MXN.
  • 5 - 10 Years Experience. From five to ten years of experience as an Inventory Control Manager, the average salary would be 499,300 MXN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 585,900 MXN.
  • 15 - 20 Years Experience. An Inventory Control Manager with 15 to 20 years of experience can earn an average of 646,600 MXN.
  • 20+ Years Experience. For an Inventory Control Manager with more than 20 years, the expected average salary increases to 691,200 MXN.

Average Salary by Experience Chart

0-2 Years
297,000 MXN
2-5 Years +26%
378,300 MXN
5-10 Years +32%
499,300 MXN
10-15 Years +18%
585,900 MXN
15-20 Years +11%
646,600 MXN
20+ Years +6%
691,200 MXN

Inventory Control Manager Salary by Education Level in Mexico

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for an Inventory Control Manager in Mexico based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. An Inventory Control Manager in Mexico with a high school education can earn an average salary of 365,400 MXN.

  • Certificate or Diploma. An Inventory Control Manager in Mexico with a certificate or diploma education can earn an average salary of 411,400 MXN.

  • Bachelor's Degree. An Inventory Control Manager in Mexico with a bachelor's degree education can earn an average salary of 538,600 MXN.

  • Master's Degree. An Inventory Control Manager in Mexico with a master's degree education can earn an average salary of 669,100 MXN.

Average Salary by Education Chart

High School
365,400 MXN
Certificate or Diploma +13%
411,400 MXN
Bachelor's Degree +32%
538,600 MXN
Master's Degree +24%
669,100 MXN

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Mexico is around 166,000 to 498,000 MXN and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Inventory Control Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Mexico, a male inventory control manager will earn an average of 492,400 MXN, while a female inventory control manager will earn around 455,400 MXN.

This means that a male inventory control manager earns approximately 8% more than a female inventory control manager for performing the same job.

Average Salary by Gender Chart in Mexico

Male
492,400 MXN
Female -8%
455,400 MXN

Inventory Control Manager Average Pay Raise in Mexico

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for an Inventory Control Manager in Mexico is around 10% every 20 months.

The national average pay raise across all professions and industries in Mexico is around 8% every 18 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 10 ÷ 20 ) × 12  = 6%

What this means is that an Inventory Control Manager in Mexico can expect to receive an average pay raise of around 6% every 12 months.

Annual Pay Raise by Industry in Mexico for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Mexico.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Inventory Control Manager Bonus and Incentive Rates in Mexico

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

An Inventory Control Manager is a high bonus based job, with 76% of employees reporting at least one bonus in the last 12 months.

24% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 7%.

Received Bonus
76%
No Bonus
24%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Mexico earn approximately 8% more than private sector employees in the same role.

Public Sector
415,900 MXN
Private Sector -8%
384,200 MXN

Salaries for Jobs Similar to an Inventory Control Manager

In the table below, we have salary information for jobs that are similar to an Inventory Control Manager in Mexico.

Job Title Category Salary
Asset Management Associate Purchasing and Inventory 353,600 MXN
Asset Protection Associate Purchasing and Inventory 339,100 MXN
Asset Protection Specialist Purchasing and Inventory 369,300 MXN
Assistant Buyer Purchasing and Inventory 315,700 MXN
Buyer Purchasing and Inventory 539,800 MXN
Capacity Planner Purchasing and Inventory 406,300 MXN
Category Leader Purchasing and Inventory 377,200 MXN
Category Management Specialist Purchasing and Inventory 365,400 MXN
Category Manager Purchasing and Inventory 431,300 MXN
Channel Services Representative Purchasing and Inventory 363,000 MXN
Contracts Manager Purchasing and Inventory 421,400 MXN
Contracts Specialist Purchasing and Inventory 351,900 MXN
Demand Planner Purchasing and Inventory 372,600 MXN
Demand Planning Manager Purchasing and Inventory 454,900 MXN
Distribution Assistant Purchasing and Inventory 325,900 MXN
Distribution Associate Purchasing and Inventory 314,500 MXN
Distribution Manager Purchasing and Inventory 701,400 MXN
Inventory Analyst Purchasing and Inventory 340,400 MXN
Inventory Control Clerk Purchasing and Inventory 180,500 MXN
Inventory Management Associate Purchasing and Inventory 372,600 MXN
Inventory Specialist Purchasing and Inventory 339,100 MXN
Logistics Engineer Purchasing and Inventory 335,800 MXN
Master Planner Purchasing and Inventory 357,300 MXN
Material Handler Purchasing and Inventory 208,600 MXN
Material Planning Specialist Purchasing and Inventory 307,400 MXN
Merchandise Manager Purchasing and Inventory 421,400 MXN
Procurement Administrator Purchasing and Inventory 415,900 MXN
Procurement Agent Purchasing and Inventory 283,400 MXN
Procurement Analyst Purchasing and Inventory 454,300 MXN
Procurement Assistant Purchasing and Inventory 279,400 MXN
Procurement Associate Purchasing and Inventory 362,200 MXN
Procurement Clerk Purchasing and Inventory 163,800 MXN
Procurement Engineer Purchasing and Inventory 332,500 MXN
Procurement Manager Purchasing and Inventory 714,600 MXN
Procurement Officer Purchasing and Inventory 176,800 MXN
Procurement Process Analyst Purchasing and Inventory 407,100 MXN
Procurement Specialist Purchasing and Inventory 335,800 MXN
Production Planner Purchasing and Inventory 409,000 MXN
Project Buyer Purchasing and Inventory 460,500 MXN
Purchaser Purchasing and Inventory 563,300 MXN
Purchasing Agent Purchasing and Inventory 305,600 MXN
Purchasing Assistant Purchasing and Inventory 187,500 MXN
Purchasing Manager Purchasing and Inventory 743,100 MXN
Purchasing Officer Purchasing and Inventory 318,800 MXN
Purchasing Supervisor Purchasing and Inventory 459,700 MXN
Shipping and Receiving Clerk Purchasing and Inventory 172,200 MXN
Shipping Coordinator Purchasing and Inventory 353,600 MXN
Stock Clerk Purchasing and Inventory 185,100 MXN
Stock Regulator Purchasing and Inventory 212,500 MXN
Storage Manager Purchasing and Inventory 453,200 MXN
Store Keeper Purchasing and Inventory 189,300 MXN
Stores and Logistics Coordinator Purchasing and Inventory 351,200 MXN
Supply Chain Analyst Purchasing and Inventory 502,200 MXN
Supply Chain Coordinator Purchasing and Inventory 371,100 MXN
Supply Chain Development Manager Purchasing and Inventory 663,100 MXN
Supply Chain Director Purchasing and Inventory 782,500 MXN
Supply Chain Manager Purchasing and Inventory 712,100 MXN
Supply Planner Purchasing and Inventory 341,900 MXN
Warehouse Assistant Purchasing and Inventory 146,200 MXN
Warehouse Clerk Purchasing and Inventory 158,700 MXN
Warehouse Executive Purchasing and Inventory 627,900 MXN
Warehouse Lead Purchasing and Inventory 397,900 MXN
Warehouse Manager Purchasing and Inventory 606,400 MXN
Warehouse Supervisor Purchasing and Inventory 451,000 MXN
Wholesale Buyer Purchasing and Inventory 563,000 MXN

Salary Comparison by City

If you want to compare salaries with different cities in Mexico, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Acapulco 606,400 MXN
Acuna 464,900 MXN
Aguascalientes 592,600 MXN
Boca del Rio 420,800 MXN
Buenavista 464,900 MXN
Campeche 489,600 MXN
Cancun 559,000 MXN
Celaya 520,900 MXN
Chalco 419,400 MXN
Chetumal 401,300 MXN
Chicoloapan 424,300 MXN
Chihuahua 615,000 MXN
Chilpancingo 455,400 MXN
Chimalhuacan 573,500 MXN
Cholula de Rivadabia 424,300 MXN
Ciudad Apodaca 533,000 MXN
Ciudad del Carmen 445,100 MXN
Ciudad Juarez 413,900 MXN
Ciudad Lopez Mateos 545,300 MXN
Ciudad Obregon 492,400 MXN
Ciudad Santa Catarina 483,800 MXN
Ciudad Valles 404,600 MXN
Ciudad Victoria 518,900 MXN
Coacalco 496,100 MXN
Coatzacoalcos 471,700 MXN
Colima 420,800 MXN
Cordoba 403,100 MXN
Cuautitlan Izcalli 559,000 MXN
Cuautla 431,100 MXN
Cuernavaca 533,100 MXN
Culiacan 610,100 MXN
Delicias 394,500 MXN
Durango 537,300 MXN
Ecatepec de Morelos 649,700 MXN
Ensenada 518,900 MXN
Fresnillo 371,100 MXN
General Escobedo 531,700 MXN
Gomez Palacio 485,300 MXN
Guadalajara 606,400 MXN
Guadalupe 573,500 MXN
Guaymas 369,300 MXN
Hermosillo 573,500 MXN
Hidalgo del Parral 381,800 MXN
Iguala 399,900 MXN
Irapuato 510,200 MXN
Ixtapaluca 485,200 MXN
Jiutepec 426,700 MXN
La Paz 450,300 MXN
Leon 592,200 MXN
Los Mochis 478,100 MXN
Los Reyes la Paz 501,400 MXN
Manzanillo 394,500 MXN
Matamoros 563,000 MXN
Mazatlan 522,700 MXN
Merida 563,300 MXN
Metepec 433,800 MXN
Mexicali 605,700 MXN
Mexico City 628,000 MXN
Minatitlan 367,900 MXN
Monclova 454,300 MXN
Monterrey 626,800 MXN
Morelia 556,000 MXN
Naucalpan 585,900 MXN
Navojoa 351,200 MXN
Nezahualcoyotl 605,700 MXN
Nogales 464,900 MXN
Nuevo Laredo 538,600 MXN
Oaxaca 487,600 MXN
Ojo de Agua 466,900 MXN
Orizaba 377,200 MXN
Pachuca 483,400 MXN
Piedras Negras 407,300 MXN
Playa del Carmen 394,800 MXN
Poza Rica 454,900 MXN
Puebla 629,800 MXN
Puerto Vallarta 455,400 MXN
Queretaro 548,800 MXN
Reynosa 585,900 MXN
Salamanca 426,700 MXN
Saltillo 596,100 MXN
San Cristobal de las Casas 415,900 MXN
San Juan del Rio 383,300 MXN
San Luis Potosi 598,600 MXN
San Luis Rio Colorado 431,300 MXN
San Nicolas de los Garza 518,300 MXN
San Pablo de las Salinas 425,100 MXN
San Pedro Garza Garcia 386,400 MXN
Soledad de Graciano Sanchez 480,600 MXN
Tampico 525,700 MXN
Tapachula 444,300 MXN
Tehuacan 457,300 MXN
Tepic 504,400 MXN
Tijuana 585,900 MXN
Tlalnepantla de Baz 553,800 MXN
Tlaquepaque 581,300 MXN
Toluca 562,200 MXN
Tonala 558,300 MXN
Torreon 563,000 MXN
Tuxtla Gutierrez 543,200 MXN
Uruapan 499,300 MXN
Veracruz 535,900 MXN
Villa Nicolas Romero 471,700 MXN
Villahermosa 520,900 MXN
Xalapa 544,800 MXN
Xico 501,400 MXN
Zacatecas 384,200 MXN
Zamora de Hidalgo 386,400 MXN
Zapopan 632,400 MXN

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