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Inventory / Purchasing Manager Salary (United States)

Purchasing Managers in the United States ordinarily take home approximately $51K annually. Total cash payments to Purchasing Managers include potential for bonuses, profit sharing and commission. In exceptional cases, the first two can peak near $10K each, and the last component can even exceed $15K (albeit rarely); this causes total cash payments to vary between $31K and $80K. Medical benefits are awarded to a solid majority, and a majority earn dental coverage. Male Purchasing Managers are just a bit more common than females ones, with males workers composing 58 percent of the field. Most Purchasing Managers report high levels of job satisfaction. The numbers for this synopsis were furnished by individuals who completed PayScale's salary questionnaire.
Inventory / Purchasing Manager Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$34,741 - $79,598
(Median)
35K
42K
51K
64K
80K
MEDIAN: $51,367
10%
25%
50%
75%
90%
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Inventory / Purchasing Manager Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$11.32 - $23.72
(Median)
11
14
17
20
24
MEDIAN: $16.00
10%
25%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$27K$54K$81K
Salary
$34,741 - $79,598  
   
Bonus
$0.00 - $9,759  
Profit Sharing
$881 - $9,881  
Commission
$970 - $15,135  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,746 - $79,756  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 978
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$14$28$42
Hourly Rate
$11.32 - $23.72  
   
Overtime
$14.55 - $31.91  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Bonus
$0.00 - $9,759  
   
Commission
$970 - $15,135  
Profit Sharing
$881 - $9,881  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,746 - $79,756  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 327
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Job Description for Inventory / Purchasing Manager

An inventory or purchasing manager is a supervisor that is responsible for managing the inventory for their organization. They are responsible for buying supplies, materials, and parts for the job they are tasked to complete. The purchasing they oversee may be routine, it may change frequently, or it may involve a mix of both. Depending on the employer, the inventory or purchasing manager may work with a team (in which they ensure that the inventory and purchasing needs of the company are met) or they may perform this work independently.
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Inventory / Purchasing Manager Tasks
  • Negotiate purchasing contracts and policies with respective suppliers.
  • Analyze and implement purchasing processes and delivery systems.
  • Manage and direct employees involved in the buying, selling or distributions aspects of a company.

Common Career Paths for Inventory / Purchasing Manager

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Compensation may increase greatly for Purchasing Managers who advance to upper-end positions like Purchasing Director. Median pay for Purchasing Directors is $84K per year. The most common career progression for Purchasing Managers leads to becoming an Operations Manager, where average pay is $58K annually. However, many Purchasing Managers also opt to become Office Managers. Typically, an Office Manager brings home $35K.

Purchasing Manager Job Listings

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Popular Skills for Inventory / Purchasing Manager

Overall, survey participants reported applying a fair number of skills to their work. Most notably, skills in Negotiation, Materials Requirement Planning , Microsoft Excel, and Microsoft Office are correlated to pay that is above average. Skills that seem to negatively impact pay include Purchasing, Order Inventory, and Inventory Management. Most people familiar with Inventory Control also know Microsoft Excel and Materials Requirement Planning (MRP).

Pay by Experience Level for Inventory / Purchasing Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.
Experience does not seem to be a strong driver of pay increase in this role. The average worker who claims fewer than five years of experience earns around $42K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $50K. The average pay reported by folks with 10 to 20 years of experience is around $54K. Veterans who have acquired more than 20 years report a median income of $62K, which is generally higher than the pay reported by other tenure groups. One to nine years of experience is standard for most employees in this area; just over a half of respondents fit between this range. Experienced employees who have 10-20 years of experience make up just under one in three of the workforce; inexperienced individuals who have been working for less than one year comprise less than two percent, and senior people with more than 20 years under their belt fill out the remaining around one in six.

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Experience Affects Inventory / Purchasing Manager Salaries

National Average
$49,000

Skills That Affect Inventory / Purchasing Manager Salaries

Materials Requirement Planning (MRP)
up arrow 2%
Microsoft Excel
up arrow 1%
National Average
$49,000
Microsoft Office
up arrow 4%
Purchasing
up arrow 13%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 315 votes.

Gender

Female
42%
female alumni
 
Male
58%
male alumni

Years of Experience

Less than 1 year
1%
1-4 years
30%
5-9 years
23%
10-19 years
28%
20 years or more
17%

Common Health Benefits

medical benefits Medical: 81% dental benefits Dental: 62%
vision benefits Vision: 45% employee benefits None: 16%