How much does a Vendor Managed Inventory Director make hourly in the United States? The average hourly wage for a Vendor Managed Inventory Director in the United States is $69 as of February 26, 2021, but the range typically falls between $63 and $100. Hourly rate 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.
Job Description for Vendor Managed Inventory Director
Vendor Managed Inventory Director directs operations to manage and maintain the customer's inventory replenishment levels and stock models based on approved schedule and agreed-upon targets. Monitors and analyzes utilization, product availability, pricing, and lead times to prepare VMI models. Being a Vendor Managed Inventory Director understands all VMI parameters, calculations and data feeds to accurately generate replenishment orders. Develops reports to track all metrics and identify trends or issues that impact inventory levels. Additionally, Vendor Managed Inventory Director expedites and resolves any shipping, delivery, ordering or system issues that may impact expected inventory replenishment targets. Requires a bachelor's degree. Typically reports to senior management. The Vendor Managed Inventory Director typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Vendor Managed Inventory Director typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2021 Salary.com)... View full job description
Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brands. Its stores primarily offers apparel, accessories, footwear, and home fashions. The company's Ross Dress for Less stores sell its products at department an... More
ROSS STORES INC
Fiscal Year Ended in 2019
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Average Total Hourly Cash Compensation
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These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Vendor Managed Inventory Director in the United States. The average hourly rate for Vendor Managed Inventory Director ranges from $63 to $100 with the average hourly pay of $69. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $66 to $100 with the average total hourly cash compensation of $85.