Inventory / Purchasing Manager Salary

The average Purchasing Manager in the United States earns approximately $52K per year. Including potential for bonuses and profit sharing, each hitting highs of $10K, total cash payment to Purchasing Managers can bottom out at $31K or peak near $80K. Geographic location and years of experience each impact pay for this group, with the former having the largest influence. A fair number enjoy medical while more than half get dental coverage. Vision coverage is also available to more than two-fifths. Women are just slightly outnumbered, with male Purchasing Managers making up 54 percent of survey respondents. The majority of Purchasing Managers claim high levels of job satisfaction. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$35,420 - $81,286
(Median)
$35K
$52K
$81K
MEDIAN: $52,193
10%
50%
90%

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$11.95 - $23.89
(Median)
$12
$17
$24
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
$35,420 - $81,286  
   
Bonus
$0.00 - $9,757  
Profit Sharing
$503 - $10,137  
Commission
$5,087  
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).
)
$31,013 - $80,009  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 628
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
$11.95 - $23.89  
   
Overtime
$11.54 - $33.05  
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
$0.00 - $9,757  
   
Commission
$5,087  
Profit Sharing
$503 - $10,137  
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).
)
$31,013 - $80,009  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 292
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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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For Purchasing Managers, progressing to a Director of Supply Chain Management role may result in a significant raise. On average, a Director of Supply Chain Management can earn $122K annually. With an annual salary of $59K, Operations Manager is the most common role for Purchasing Managers to subsequently assume on their way up the ladder. Transitioning into an Inventory Control Manager role — which usually pays $45K — is also typical for Purchasing Managers, though less common by comparison.

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Popular Skills for Inventory / Purchasing Manager


Purchasing Managers report using a wide range of professional skills. Most notably, facility with Project Management, Forecasting, and Negotiation are correlated to pay that is significantly above average, leading to increases of 35 percent, 16 percent, and 4 percent, respectively. At the other end of the pay range are skills like 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.


For Purchasing Managers, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. The average worker who claims fewer than five years of experience earns around $41K. 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. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $57K.

Pay Difference by Location

National Average: $48,197

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

For Purchasing Managers, busy Atlanta offers a higher-than-average pay rate, 59 percent above the national average. Purchasing Managers will also find cushy salaries in San Francisco (+54 percent), Dallas (+42 percent), New York (+19 percent), and Columbus (+19 percent). With compensation 9 percent below the national average, Pittsburgh is not known for hefty paychecks and actually represents the lowest-paying market. Employers also pay below the national average in Portland (7 percent lower) and Tampa (1 percent lower).

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.

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Experience Affects Inventory / Purchasing Manager Salaries




National Average
$48,000


Skills That Affect Inventory / Purchasing Manager Salaries

Project Management
up arrow 35%

Forecasting
up arrow 16%

Negotiation
up arrow 4%

Materials Requirement Planning (MRP)
up arrow 4%

National Average
$48,000

Microsoft Excel
up arrow 2%

Inventory Management
up arrow 4%

Inventory Control
up arrow 4%

Microsoft Office
up arrow 4%



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 204 votes.

Gender

Female
46 %
Male
54 %

Years of Experience

Less than 1 year
2%
1-4 years
31%
5-9 years
22%
10-19 years
29%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 79%
dental benefits
Dental: 59%
medical benefits
Vision: 45%
dental benefits
None: 20%
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