How much does a Supplier Inventory Manager make in Browns Valley, MN? The average Supplier Inventory Manager salary in Browns Valley, MN is $110,272 as of April 24, 2024, but the range typically falls between $93,637 and $127,700. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Percentile | Salary | Location | Last Updated |
10th Percentile Supplier Inventory Manager Salary | $78,491 | Browns Valley,MN | April 24, 2024 |
25th Percentile Supplier Inventory Manager Salary | $93,637 | Browns Valley,MN | April 24, 2024 |
50th Percentile Supplier Inventory Manager Salary | $110,272 | Browns Valley,MN | April 24, 2024 |
75th Percentile Supplier Inventory Manager Salary | $127,700 | Browns Valley,MN | April 24, 2024 |
90th Percentile Supplier Inventory Manager Salary | $143,566 | Browns Valley,MN | April 24, 2024 |
Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Quality Management: Quality management ensures that an organization, product or service is consistent. It has four main components: quality planning, quality assurance, quality control and quality improvement. Quality management is focused not only on product and service quality, but also on the means to achieve it. Quality management, therefore, uses quality assurance and control of processes as well as products to achieve more consistent quality. What a customer wants and is willing to pay for it determines quality. It is written or unwritten commitment to a known or unknown consumer in the market . Thus, quality can be defined as fitness for intended use or, in other words, how well the product performs its intended function
Auditing: Auditing refers to the independent examination of financial information of any entity whether profit oriented or not. It is a safeguard measure that prevents corruption.
Supply Chain Management: In commerce, supply-chain management (SCM), the management of the flow of goods and services, involves the movement and storage of raw materials, of work-in-process inventory, and of finished goods from point of origin to point of consumption. Interconnected or interlinked networks, channels and node businesses combine in the provision of products and services required by end customers in a supply chain. Supply-chain management has been defined as the "design, planning, execution, control, and monitoring of supply-chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally." SCM practice draws heavily from the areas of industrial engineering, systems engineering, operations management, logistics, procurement, information technology, and marketing and strives for an integrated approach.[citation needed] Marketing channels play an important role in supply-chain management. Current research in supply-chain management is concerned with topics related to sustainability and risk management, among others. Some suggest that the “people dimension” of SCM, ethical issues, internal integration, transparency/visibility, and human capital/talent management are topics that have, so far, been underrepresented on the research agenda.
Supplier Inventory Manager manages coordination of the flow of products manufactured by third parties to customers and develop enhancements to the optimization of supply chain operations. Monitors and analyzes key metrics including inventories, delivery time, lead times, and order cycles. Being a Supplier Inventory Manager evaluates product forecasts, sales force forecasts, competitive information, and market conditions. Identifies trends, issues and opportunities for process improvements and efficiencies. Additionally, Supplier Inventory Manager requires a bachelor's degree. Typically reports to a director. The Supplier Inventory Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Supplier Inventory Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)... View full job description
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Supplier Inventory Manager salary varies from city to city. Compared with national average salary of Supplier Inventory Manager, the highest Supplier Inventory Manager salary is in San Francisco, CA, where the Supplier Inventory Manager salary is 25.0% above. The lowest Supplier Inventory Manager salary is in Miami, FL, where the Supplier Inventory Manager salary is 3.5% lower than national average salary.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
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Job Title Inventory Control Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Job Title Inventory Control Senior Manager | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Inventory Control Supervisor | Experience 3 + | EducationBachelors | Salary Compared to This Job |
Job Title Strategic Sourcing Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Job Title Strategic Sourcing Senior Manager | Experience | EducationBachelors | Salary Compared to This Job |
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About Browns Valley, Minnesota Browns Valley is a city in Traverse County, Minnesota, United States, adjacent to the South Dakota border. The population was 589 at the 2010 census.....More
Browns Valley, Minnesota area prices were up 0.8% from a year ago View the Cost of Living in Browns Valley, Minnesota
Supplier Inventory Manager Salary in popular cities: Minneapolis, Saint Paul, Rochester
Skills associated with Supplier Inventory Manager: Inventory Optimization, Inventory Control, Vendor Management, Customer Communications ...More
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