Purchasing Managers in the United States can expect to earn an average of $53K annually. Final cash compensation to Purchasing Managers varies from around $32K to approximately $80K; choice pay grades include potential for bonuses and profit sharing as high as $10K and $6K, respectively. Geographic location is the biggest factor affecting pay for this group, followed by experience level. Women make up a slight majority of Purchasing Managers (50 percent) survey respondents. Most Purchasing Managers report high levels of job satisfaction. Although between a fifth and a fourth lack health benefits of any kind, a strong majority do enjoy medical insurance, and the larger part get dental coverage, too. This snapshot results from replies to PayScale's salary survey.

$36,307 - $81,003
(Median)
$36K
$53K
$81K
MEDIAN: $52,702
10%
50%
90%

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$12.54 - $23.38
(Median)
$13
$17
$23
MEDIAN: $17.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Salary
$36,307 - $81,003  
   
Bonus
$248.32 - $10,081  
Profit Sharing
$0.00 - $6,145  
Commission
$5,000  
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).
)
$31,584 - $79,538  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 424
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$14$28$42
Hourly Rate
$12.54 - $23.38  
   
Overtime
$17.53 - $33.50  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Bonus
$248.32 - $10,081  
   
Commission
$5,000  
Profit Sharing
$0.00 - $6,145  
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).
)
$31,584 - $79,538  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 213
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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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Purchasing Managers' salaries may rise greatly for those who assume a higher-end position such as a Director of Supply Chain Management. The average Director of Supply Chain Management brings home $121K per year. More often than not, an Operations Manager role is the next step for Purchasing Managers moving up in the field. Operations Managers usually make $59K per year. Many other Purchasing Managers choose to take on an Inventory Control Manager role, where salaries are typically $45K.

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Popular Skills for Inventory / Purchasing Manager


Purchasing Managers report using a deep pool of skills on the job. Most notably, facility with Procurement, Project Management, and Forecasting are correlated to pay that is significantly above average, leading to increases of 79 percent, 36 percent, and 24 percent, respectively. Skills that seem to negatively impact pay include Purchasing, Order Inventory, and Inventory Control. Most people experienced in 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.


Relatively untried employees who have less than five years' experience make $40K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $50K. On average, Purchasing Managers make $54K following one to two decades on the job. Veterans who have surpassed the 20-year mark may make no more than those who are navigating the mid-career stage.

Pay Difference by Location

National Average: $47,672

Larger city markers indicate a job is popular in that location.

For Purchasing Managers, Atlanta provides a pay rate that is 64 percent greater than the national average. Purchasing Managers can also look forward to large paychecks in cities like San Francisco (+55 percent), Columbus (+20 percent), Denver (+16 percent), and Tampa (+15 percent). One of the biggest compensable factors for Purchasing Managers is geography, with workers in San Diego earning a whopping 26 percent below the national average. Employers in St. Louis and Philadelphia also lean toward paying below-median salaries (16 percent lower and 12 percent lower, respectively).

Inventory / Purchasing Manager Reviews

What is it like working as an Inventory / Purchasing Manager?

Inventory / Purchasing Manager in Reno:
"Great."
Pros: I love the challenge. The ability to use my brain and purchase inventory to keep the business going. I feel important in my position.
Cons: How hectic the job requirements tend to be.

Related Job Salaries

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Experience Affects Inventory / Purchasing Manager Salaries




National Average
$48,000


Skills That Affect Inventory / Purchasing Manager Salaries

Procurement
up arrow 79%

Project Management
up arrow 36%

Forecasting
up arrow 24%


Negotiation
up arrow 3%

National Average
$48,000

Inventory Management
up arrow 1%

Microsoft Excel
up arrow 3%

Microsoft Office
up arrow 4%




Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 132 votes.

Gender

Female
50 %
Male
50 %

Years of Experience

Less than 1 year
2%
1-4 years
30%
5-9 years
24%
10-19 years
28%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 76%
dental benefits
Dental: 57%
medical benefits
Vision: 43%
dental benefits
None: 22%
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