Inventory Tracking Engineer in Tennessee Career Overview

As an Inventory Tracking Engineer, you play a vital role in the efficient operation of supply chain and inventory management systems. Your responsibilities include:

  • Designing and Implementing Systems: You develop solutions that enhance inventory tracking processes, ensuring products are accurately monitored throughout their life cycle.

  • Data Analysis: You analyze inventory data to identify trends, discrepancies, and areas for improvement, contributing to better decision-making within the organization.

  • Collaboration: You work closely with other departments such as logistics, sales, and production to ensure that inventory levels align with operational needs and customer demands.

  • Technology Utilization: You leverage advanced technologies, including RFID, barcoding, and inventory management software, to optimize tracking and reporting processes.

  • Problem Solving: You address challenges related to inventory discrepancies and inefficiencies, employing your expertise to develop effective solutions.

  • Regulatory Compliance: You ensure that inventory tracking practices comply with relevant industry standards and regulations, safeguarding the organization against potential risks.

Your role is essential in minimizing costs associated with excess inventory and stockouts and enhancing overall productivity. By maintaining accurate inventory records, you help organizations make informed decisions that impact their bottom line. Your work directly influences operational efficiency and customer satisfaction, making you a key player in the success of any enterprise involved in the production and distribution of goods.

Inventory Tracking Engineer Salary in Tennessee

Annual Median: $98,760
Hourly Median: $47.48

Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.

Required Education To Become an Inventory Tracking Engineer in Tennessee

To pursue a career as an Inventory Tracking Engineer, you will need specific educational qualifications and training that align with the demands of the role. The following college degree programs are particularly relevant:

  • Operations Management and Supervision

    • This program focuses on the principles of managing operations within an organization, including inventory control, supply chain management, and resource allocation.
  • Logistics

    • A degree in logistics will provide you with skills in planning, implementing, and controlling the flow of goods and services. The curriculum often covers inventory management strategies, distribution processes, and transportation systems.
  • Transportation and Materials Moving

    • This program emphasizes the transportation aspect of inventory management, equipping you with knowledge about logistics, freight operations, and materials handling essential for effective inventory tracking.
  • Systems Engineering

    • A degree in systems engineering prepares you to design and manage complex systems, which can be critical in the development and implementation of inventory tracking technologies and methodologies.

In addition to earning one of these degrees, engaging in internships or cooperative education programs during your studies can provide valuable hands-on experience in inventory tracking and management.

Best Schools to become a Inventory Tracking Engineer in Tennessee 2024

Valencia College

Orlando, FL

In-State Tuition:$1,984
Out-of-State Tuition:$7,933
Admission Rate:N/A
Graduation Rate:45%
Total Enrollment:43,370

American Public University System

Charles Town, WV

In-State Tuition:$6,840
Out-of-State Tuition:$6,840
Admission Rate:N/A
Graduation Rate:55%
Total Enrollment:48,668

Fort Hays State University

Hays, KS

In-State Tuition:$4,140
Out-of-State Tuition:$14,580
Admission Rate:88%
Graduation Rate:51%
Total Enrollment:12,949

Southern New Hampshire University

Manchester, NH

In-State Tuition:$15,000
Out-of-State Tuition:$15,000
Admission Rate:96%
Graduation Rate:41%
Total Enrollment:164,091

Michigan State University

East Lansing, MI

In-State Tuition:$16,437
Out-of-State Tuition:$42,427
Admission Rate:88%
Graduation Rate:82%
Total Enrollment:50,023

Naval Postgraduate School

Monterey, CA

In-State Tuition:$N/A
Out-of-State Tuition:$N/A
Admission Rate:N/A
Graduation Rate:N/A
Total Enrollment:2,670
Inventory Tracking Engineer Job Description:
  • Design and implement radio frequency identification device (RFID) systems used to track shipments or goods.

Inventory Tracking Engineer Required Skills and Competencies in Tennessee

  • Analytical Thinking: You must possess strong analytical skills to monitor inventory trends, assess data, and identify discrepancies effectively.

  • Technical Proficiency: Familiarity with inventory management software and tracking systems is essential. You should be comfortable using various technologies to track inventory levels and manage data.

  • Attention to Detail: High levels of precision are necessary to ensure accurate inventory records and minimize errors in data entry or tracking.

  • Problem-Solving Skills: You should be able to quickly identify issues within the inventory process and develop practical solutions to improve efficiency.

  • Communication Skills: Strong verbal and written communication abilities will help you clearly convey inventory reports and collaborate with team members.

  • Organizational Skills: You need to maintain an organized inventory system, ensuring that items are easily located and data is systematically recorded.

  • Project Management: Experience in managing projects can enhance your ability to oversee inventory systems and processes within an organization.

  • Knowledge of Supply Chain Processes: Understanding the end-to-end supply chain is important for effective inventory management, helping you to anticipate and respond to inventory needs.

  • Ability to Work Under Pressure: You should be able to handle high-volume inventory management tasks, particularly during peak times, without compromising accuracy.

  • Adaptability: Being open to new technologies and methods will help you stay current in inventory management practices and respond to changes in the industry.

Job Duties for Inventory Tracking Engineers

  • Identify operational requirements for new systems to inform selection of technological solutions.

  • Integrate tags, readers, or software in radio frequency identification device (RFID) designs.

  • Perform systems analysis or programming of radio frequency identification device (RFID) technology.

Technologies and Skills Used by Inventory Tracking Engineers

Development environment software

  • Microsoft Visual Studio
  • Ruby

Presentation software

  • Microsoft PowerPoint

Program testing software

  • JUnit
  • Selenium

Basic Skills

  • Listening to others, not interrupting, and asking good questions
  • Thinking about the pros and cons of different ways to solve a problem

People and Technology Systems

  • Figuring out how a system should work and how changes in the future will affect it
  • Thinking about the pros and cons of different options and picking the best one

Problem Solving

  • Noticing a problem and figuring out the best way to solve it

Job Market and Opportunities for Inventory Tracking Engineer in Tennessee

The job market for Inventory Tracking Engineers in Tennessee is currently characterized by a notable demand driven by the growth of e-commerce and advancements in supply chain logistics. Here are key points to consider regarding the current landscape and opportunities:

  • Demand for Inventory Tracking Engineers: Businesses are increasingly prioritizing efficient inventory management systems to keep pace with consumer expectations. This surge translates into a growing need for skilled engineers who can design and implement these systems effectively.

  • Growth Potential: The trend towards digitization and automation in inventory management indicates significant growth potential in this field. As companies aim to optimize their supply chains, opportunities for Inventory Tracking Engineers are expected to expand.

  • Geographical Hotspots: Several regions in Tennessee present prime opportunities for Inventory Tracking Engineers:

    • Nashville: As a rapidly growing urban center, Nashville's vibrant logistics and distribution sectors are fostering demand for inventory management solutions.
    • Memphis: Known as a major logistics hub, Memphis offers numerous job opportunities due to its extensive transportation networks and proximity to shipping routes.
    • Knoxville: This city is witnessing an emergence of tech-focused companies that require robust inventory management systems, leading to job openings for engineers in this domain.
    • Chattanooga: With a focus on innovation and technology, Chattanooga's growing industries are creating a demand for professionals capable of streamlining inventory processes.
  • Industry Growth: Industries such as e-commerce, retail, and manufacturing in Tennessee are adopting sophisticated inventory tracking systems. As these sectors evolve, there will be a continuous need for professionals who can integrate new technologies and methods into their operations.

  • Networking and Industry Events: Engaging with local industry associations and attending networking events can significantly enhance job search prospects. Collaboration with peers and companies can lead to valuable connections and insights into job openings in the Inventory Tracking field.

  • Remote Work Opportunities: The increasing acceptance of remote work arrangements has opened up additional opportunities for Inventory Tracking Engineers. You may find positions that allow you to work with companies based outside of Tennessee, broadening your job search scope.

By staying informed about these trends and actively seeking opportunities within these hotspots, you can position yourself effectively in Tennessee's evolving job market for Inventory Tracking Engineers.

Additional Resources To Help You Become an Inventory Tracking Engineer in Tennessee

  • Association for Supply Chain Management (ASCM)
    This professional organization provides resources, education, and certification programs focused on supply chain management, which is relevant for Inventory Tracking Engineers.
    Visit ASCM

  • Council of Supply Chain Management Professionals (CSCMP)
    A leading association for supply chain professionals, offering valuable research, industry news, and networking opportunities.
    Visit CSCMP

  • Institute for Supply Management (ISM)
    ISM offers training, certifications, and valuable resources in procurement and supply chain management, essential for inventory tracking professionals.
    Visit ISM

  • American Production and Inventory Control Society (APICS)
    APICS provides certification programs and resources specifically focused on inventory management and control.
    Visit APICS

  • National Institute of Standards and Technology (NIST)
    NIST provides relevant standards and guidelines that can help in understanding best practices in inventory tracking technologies.
    Visit NIST

  • Supply Chain Management Review
    A publication dedicated to covering the latest trends, research, and insights in supply chain management, providing you with up-to-date information.
    Visit Supply Chain Management Review

  • Logistics Management
    This resource offers articles, news, and insights into logistics, including inventory management strategies and technologies.
    Visit Logistics Management

  • YouTube Channels
    Consider following channels such as "Supply Chain Secrets" and "The Logistics of Logistics" for visual and auditory learning experiences that cover various topics within supply chain and inventory management.

  • LinkedIn Groups
    Engage with networks such as "Supply Chain Now" or "Logistics and Supply Chain Professionals" to connect with other professionals in the field and access shared resources.

  • Books
    Look for titles such as:

    • "Inventory Management: Principles, Concepts and Techniques" by Michael H. Maloni
    • "The Warehouse Management Handbook" by Gwynne Richards
  • Online Courses
    Websites like Coursera and edX offer courses related to supply chain management and inventory management, often taught by industry experts.

These resources will help you stay informed about best practices, new technologies, and industry trends relevant to your career as an Inventory Tracking Engineer in Tennessee.

Frequently Asked Questions (FAQs) About Inventory Tracking Engineer in Tennessee

  • What is the role of an Inventory Tracking Engineer?
    An Inventory Tracking Engineer is responsible for designing and implementing systems that monitor and manage inventory levels. This includes utilizing technology to track inventory flow, optimize supply chain processes, and ensure accurate stock levels.

  • What qualifications do I need to become an Inventory Tracking Engineer?
    Typically, you will need at least a bachelor’s degree in industrial engineering, supply chain management, or a related field. Additional certifications in inventory management or data analysis can also enhance your qualifications.

  • What skills are essential for an Inventory Tracking Engineer?
    Key skills include proficiency in data analysis, understanding of inventory management software, strong problem-solving abilities, and effective communication skills. Familiarity with barcode systems, RFID technology, and ERP software is also beneficial.

  • What industries employ Inventory Tracking Engineers?
    Inventory Tracking Engineers are in demand across various industries, including retail, manufacturing, logistics, and healthcare. Any business that requires efficient inventory management may employ professionals in this role.

  • What is the job outlook for Inventory Tracking Engineers in Tennessee?
    The job outlook for Inventory Tracking Engineers is positive due to the increasing importance of efficient inventory management in a rapidly evolving market. The demand for skilled professionals is expected to grow as businesses continue to optimize their supply chains.

  • What is the typical salary range for an Inventory Tracking Engineer in Tennessee?
    Salaries can vary based on experience, education, and specific industry, but as of 2023, the salary for an Inventory Tracking Engineer in Tennessee generally ranges from $60,000 to $90,000 per year.

  • Are there opportunities for advancement in this career?
    Yes, there are significant opportunities for advancement. With experience, you could move into senior roles such as Supply Chain Manager, Operations Manager, or even executive positions in logistics and supply chain operations.

  • What tools and technologies do Inventory Tracking Engineers typically use?
    You will commonly use inventory management software, data analytics tools, warehouse management systems (WMS), and technologies like barcode scanners and RFID devices for tracking inventory accurately.

  • How can I gain experience in inventory management before becoming an Inventory Tracking Engineer?
    You can gain experience through internships or entry-level positions in logistics, supply chain management, or operations. Additionally, participating in relevant projects or obtaining certifications can provide practical knowledge and skills.

  • Is it important to stay updated on industry trends for this role?
    Absolutely. Staying informed about emerging technologies, best practices in inventory management, and changes in supply chain regulations is vital for success and career growth as an Inventory Tracking Engineer.