Inventory / Purchasing Manager Salary (United States)

Pay for Purchasing Managers in the United States is typically around $49,130 per year. The range in pay spans from $30,746 to $79,756 per year. Cash earnings—including $9,759 each for bonuses and profit sharing proceeds and $15,135 commissions near the top of the pay scale—stretch from approximately $34,741 to approximately $79,598 depending on individual performance. Benefits are plentiful in this line of work; most people have both medical and dental plans, and about half have vision insurance. Men just barely outnumber women in the field at 58 percent. Job satisfaction is high and work is enjoyable for most Purchasing Managers. Respondents to the PayScale salary survey provided the data for this report.
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  
PayScale
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  
PayScale
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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Purchasing Managers' salaries may rise greatly in accordance with career advancement. Those who assume a higher-end position such as a Purchasing Director may get paid an extra $35K per year. An Operations Manager role is the most common promotion for Purchasing Managers moving up the ladder, and pay increases by $9,184 annually upon moving into this role. Another typical, albeit less common, transition for Purchasing Managers is an Office Manager position, where earnings actually go down by $13,958.

Inventory / Purchasing Manager Job Listings

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Popular Skills for Inventory / Purchasing Manager

Survey results suggest that Purchasing Managers use a fairly large toolkit of professional skills. Negotiation is considered a valuable skill and can increase employee pay by 5 percent. Skills that are correlated to lower pay, on the other hand, include Purchasing, Order Inventory, and Inventory Management. The majority of those who know 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.
Purchasing Managers with a lot of experience do not necessarily enjoy higher salaries, as pay increases are mainly incremental. At career start, salaries are typically $42K, which grows to $49,704 after five to 10 years. Compensation is $55K after 10 to 20 years. As Purchasing Managers reach two decades on the job, salary growth continues, albeit at a slower pace, with pay averaging $62K. Experienced employees who have 10-20 years of experience make up about a third of the workforce; inexperienced individuals who have been working for less than one year comprise 1 percent, and senior people with more than 20 years under their belt fill out the remaining 17 percent. One to nine years of experience is standard for most employees in this area; more than half of respondents fit between this range.

Related Job Salaries

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

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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%
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