An adjustable inductance system includes a plurality of inductor modules coupled to a corresponding plurality of loads and a pool of at least one floating inductor module that may be coupled in parallel with any one of the plurality of inductor modules. A control circuit monitors the current drawn through the inductor module by the load. If current draw exceeds a threshold, the control circuit couples a floating inductor module to the load. Using the current drawn by the load, the control circuit determines an appropriate inductance value and determines an appropriate inductor configuration for the inductor module, the floating inductor module, or both the inductor module and the floating inductor module to achieve the determined inductance value. The control circuit causes switching elements to transition to a state or position to achieve the inductor configuration.