diff --git a/netbox/dcim/ui/panels.py b/netbox/dcim/ui/panels.py
index 72b82aad0..3cd47b724 100644
--- a/netbox/dcim/ui/panels.py
+++ b/netbox/dcim/ui/panels.py
@@ -1,7 +1,8 @@
+from django.contrib.contenttypes.models import ContentType
 from django.template.loader import render_to_string
 from django.utils.translation import gettext_lazy as _
 
-from netbox.ui import attrs, panels
+from netbox.ui import actions, attrs, panels
 
 
 class SitePanel(panels.ObjectAttributesPanel):
@@ -400,6 +401,15 @@ class InventoryItemsPanel(panels.ObjectPanel):
     """
     template_name = 'dcim/panels/component_inventory_items.html'
     title = _('Inventory Items')
+    actions = [
+        actions.AddObject(
+            'dcim.inventoryitem',
+            url_params={
+                'component_type': lambda ctx: ContentType.objects.get_for_model(ctx['object']).pk,
+                'component_id': lambda ctx: ctx['object'].pk,
+            },
+        ),
+    ]
 
     def render(self, context):
         ctx = self.get_context(context)