Manager, Inventory Salary at Medawar Jewelers BETA

How much does a Medawar Jewelers Manager, Inventory make?

As of April 2025, the average annual salary for a Manager, Inventory at Medawar Jewelers is $83,592, which translates to approximately $40 per hour. Salaries for Manager, Inventory at Medawar Jewelers typically range from $74,174 to $94,111, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Medawar Jewelers Overview

Website:
medawarjewelers.com
Size:
<25 Employees
Revenue:
<$5M
Industry:
Retail & Wholesale

With five locations in West Lansing, Okemos, Jackson, Portage, and Brighton, Medawar Jewelers proudly services the mid-Michigan and greater Lansing areas with a large inventory of engagement rings, wedding bands, luxury watches, loose diamonds, and fine fashion jewelry. Founded by Pierre and Catrine Medawar in 1978, Medawar Jewelers is still family owned and operated by their son Jon-Pierre and daughter Christina. Visit any of their showrooms to discover lavish collections from popular fine jewelry and bridal brands like Verragio, Noam Carver, Zeghani, and more.

See similar companies related to Medawar Jewelers

What Skills Does a person Need at Medawar Jewelers?

At Medawar Jewelers, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Inventory Control: Inventory control or stock control can be broadly defined as "the activity of checking a shop’s stock." However, a more focused definition takes into account the more science-based, methodical practice of not only verifying a business' inventory but also focusing on the many related facets of inventory management (such as forecasting future demand) "within an organisation to meet the demand placed upon that business economically." Other facets of inventory control include supply chain management, production control, financial flexibility, and customer satisfaction. At the root of inventory control, however, is the inventory control problem, which involves determining when to order, how much to order, and the logistics (where) of those decisions. An extension of inventory control is the inventory control system. This may come in the form of a technological system and its programmed software used for managing various aspects of inventory problems , or it may refer to a methodology (which may include the use of technological barriers) for handling loss prevention in a business.
  2. Inventory Management: Overseeing and controlling supplies and stock to ensure that an organization maintains an adequate stock quantity.
  3. Supply chain: A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
  4. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  5. Logistics: In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption to meet the requirements of customers or corporations.

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Check more jobs information at Medawar Jewelers

Job Title Average Medawar Jewelers Salary Hourly Rate
2 Sales $50,148 $24
3 Sales Associate $82,067 $39
4 Operations Specialist $54,726 $26
5 Buyer $49,623 $24

Hourly Pay at Medawar Jewelers

The average hourly pay at Medawar Jewelers for a Manager, Inventory is $40 per hour. The location, department, and job description all have an impact on the typical compensation for Medawar Jewelers positions. The pay range and total remuneration for the job title are shown in the table below. Medawar Jewelers may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $83,592 look to you?

FAQ about Salary and Jobs at Medawar Jewelers

1. How much does Medawar Jewelers pay per hour?
The average hourly pay is $40. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Medawar Jewelers?
According to the data, the highest approximate salary is about $94,111 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Medawar Jewelers?
According to the data, the lowest estimated salary is about $74,174 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.