An Inventory / Purchasing Manager earns an average salary of $50,969 per year.Pay goes up steadily as a this job becomes more experienced.
Inventory / Purchasing Manager Total Pay (?
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.
)
$34,438 - $77,524
(Median)
34K
42K
51K
64K
78K
MEDIAN: $50,968
10%
25%
50%
75%
90%
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Inventory / Purchasing Manager Total Pay (?
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.
)
$11.45 - $22.88
(Median)
11
14
16
19
23
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
$34,438 - $77,524  
   
Bonus
$0.00 - $9,964  
Profit Sharing
$255.32 - $9,962  
Commission
$0.00 - $14,795  
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).
)
$30,754 - $79,289  
PayScale
Country: United States | Currency: USD | Updated: 23 Apr 2014 | Individuals Reporting: 1,570
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
$11.45 - $22.88  
   
Overtime
$15.15 - $32.22  
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 - $9,964  
   
Commission
$0.00 - $14,795  
Profit Sharing
$255.32 - $9,962  
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).
)
$30,754 - $79,289  
PayScale
Country: United States | Currency: USD | Updated: 23 Apr 2014 | Individuals Reporting: 1,570
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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.
Read more about: Purchasing Managers
Popular Skills for Inventory / Purchasing Manager
Pay by Experience Level for Inventory / Purchasing Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
Chicago
up arrow 29%
Houston
up arrow 14%
Columbus
up arrow 13%
National Average
$49,000
San Diego
up arrow 1%
Denver
up arrow 2%
Oklahoma City
up arrow 12%
Larger circles over a city indicate a job is popular in that location.
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 1%
Negotiation
up arrow 1%
National Average
$49,000
Microsoft Excel
up arrow 1%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 329 votes.
Gender
Female
41%
female alumni
 
Male
59%
male alumni
Years of Experience
Less than 1 year
1%
1-4 years
30%
5-9 years
24%
10-19 years
29%
20 years or more
16%
Common Health Benefits
medical benefits Medical: 82% dental benefits Dental: 61%
vision benefits Vision: 42% employee benefits None: 17%
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