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. Total cash compensation to Purchasing Managers varies from $30,746 to $79,756; higher pay grades include potential for bonuses and profit sharing as high as $9,759 each. Medical benefits are awarded to a strong majority, and a majority earn dental coverage. Women are just slightly outnumbered in the field, with male Purchasing Managers making up 58 percent of workers. Most Purchasing Managers report high levels of job satisfaction. Participants in PayScale's salary questionnaire provided the particulars of 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%
Add this chart to your site: 640px    300px
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%
Add this chart to your site: 640px    300px

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
Is Inventory / Purchasing Manager your job title? Get a personalized salary report!
Location:
United States (change)
Years in Field/Career:

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.
Read More...
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

Add this chart to your site:   640px 640px    300px 300px   Copy and paste this HTML:
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. With an annual $9,184 increase in salary, an Operations Manager is the most common role for Purchasing Managers to subsequently assume on their way up the ladder. Transitioning into an Office Manager role—which actually slashes pay by $13,958—is also typical for Purchasing Managers, though less common by comparison.

Inventory / Purchasing Manager Job Listings

Search for more jobs:
job title / company
location

Popular Skills for Inventory / Purchasing Manager

Survey results imply that Purchasing Managers put a diverse skill set to use. Those who have experience with Negotiation can expect to be compensated well for these skills, typically earning 5 percent more than the national average, respectively. Skills that pay less than market rate include Purchasing, Order Inventory, and Inventory Management. Most people 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.
For many Purchasing Managers, experience and pay seem to be weakly connected; experience does not necessarily lead to more money. Workers new to the field can expect to earn $42K, increasing to $49,704 after five to 10 years. Pay amounts to $55K after 10 to 20 years. Purchasing Managers experience only minor salary growth after working for two decades, bringing in around $62K. Experienced employees who have 10-20 years of experience make up around one 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. In this field, workers tend to have anywhere from one to nine years of experience—of those surveyed, more than half land within 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

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%
Find Out Exactly What You Should Be Paid
Job Title:
Years in Field/Career:
Location:
United States (change)
- OR -